Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 05653866 Mrs Rajbir Kaur Mr Harpal Bhandal Mr Onkar Singh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05653866 2024-03-31 05653866 2025-03-31 05653866 2024-04-01 2025-03-31 05653866 frs-core:CurrentFinancialInstruments 2025-03-31 05653866 frs-core:Non-currentFinancialInstruments 2025-03-31 05653866 frs-core:FurnitureFittings 2025-03-31 05653866 frs-core:FurnitureFittings 2024-04-01 2025-03-31 05653866 frs-core:FurnitureFittings 2024-03-31 05653866 frs-core:NetGoodwill 2024-04-01 2025-03-31 05653866 frs-core:MotorVehicles 2025-03-31 05653866 frs-core:MotorVehicles 2024-04-01 2025-03-31 05653866 frs-core:MotorVehicles 2024-03-31 05653866 frs-core:ShareCapital 2025-03-31 05653866 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05653866 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05653866 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 05653866 frs-bus:SmallEntities 2024-04-01 2025-03-31 05653866 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05653866 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05653866 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 05653866 frs-bus:OrdinaryShareClass1 2025-03-31 05653866 frs-bus:Director1 2024-04-01 2025-03-31 05653866 frs-bus:Director2 2024-04-01 2025-03-31 05653866 frs-bus:Director3 2024-04-01 2025-03-31 05653866 frs-countries:EnglandWales 2024-04-01 2025-03-31 05653866 2023-03-31 05653866 2024-03-31 05653866 2023-04-01 2024-03-31 05653866 frs-core:CurrentFinancialInstruments 2024-03-31 05653866 frs-core:Non-currentFinancialInstruments 2024-03-31 05653866 frs-core:ShareCapital 2024-03-31 05653866 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05653866 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31
Registered number: 05653866
Prentex Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05653866
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 1,695,500 1,695,500
Tangible Assets 4 6,341 8,923
1,701,841 1,704,423
CURRENT ASSETS
Stocks 5 74,041 73,248
Debtors 6 370,350 224,847
Cash at bank and in hand 136,388 142,315
580,779 440,410
Creditors: Amounts Falling Due Within One Year 7 (369,308 ) (525,996 )
NET CURRENT ASSETS (LIABILITIES) 211,471 (85,586 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,913,312 1,618,837
Creditors: Amounts Falling Due After More Than One Year 8 (22,104 ) (37,073 )
NET ASSETS 1,891,208 1,581,764
CAPITAL AND RESERVES
Called up share capital 9 1,100 1,100
Profit and Loss Account 1,890,108 1,580,664
SHAREHOLDERS' FUNDS 1,891,208 1,581,764
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For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Onkar Singh
Director
19/09/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Prentex Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05653866 . The registered office is 101 High Street, Moxley, Wednesday, WS10 8RT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of businesses, has been fully amortised.  The amortisation of goodwill was carried out over its estimated useful life in accordance with applicable accounting policies.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2024: 14)
15 14
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 35,514 51,249 86,763
Additions - 3,876 3,876
Disposals (35,514 ) - (35,514 )
As at 31 March 2025 - 55,125 55,125
Depreciation
As at 1 April 2024 30,129 47,711 77,840
Provided during the period - 1,073 1,073
Disposals (30,129 ) - (30,129 )
As at 31 March 2025 - 48,784 48,784
Net Book Value
As at 31 March 2025 - 6,341 6,341
As at 1 April 2024 5,385 3,538 8,923
5. Stocks
2025 2024
£ £
Stock 74,041 73,248
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 255,683 189,893
Other debtors 114,667 34,954
370,350 224,847
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 293,904 292,640
Bank loans and overdrafts 12,090 72,600
Amounts owed to group undertakings (78,130 ) 26,466
Other creditors 28,319 24,648
Taxation and social security 113,125 109,642
369,308 525,996
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 22,104 37,073
9. Share Capital
2025 2024
Allotted, called up and fully paid £ £
1,100 Ordinary Shares of £ 1.00 each 1,100 1,100
10. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
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