Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08153712 Mr J P Markey Mrs N Christiansen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08153712 2024-03-31 08153712 2025-03-31 08153712 2024-04-01 2025-03-31 08153712 frs-core:CurrentFinancialInstruments 2025-03-31 08153712 frs-core:Non-currentFinancialInstruments 2025-03-31 08153712 frs-core:ComputerEquipment 2025-03-31 08153712 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08153712 frs-core:ComputerEquipment 2024-03-31 08153712 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2025-03-31 08153712 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-04-01 2025-03-31 08153712 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-03-31 08153712 frs-core:FurnitureFittings 2025-03-31 08153712 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08153712 frs-core:FurnitureFittings 2024-03-31 08153712 frs-core:OtherResidualIntangibleAssets 2025-03-31 08153712 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 08153712 frs-core:OtherResidualIntangibleAssets 2024-03-31 08153712 frs-core:PlantMachinery 2025-03-31 08153712 frs-core:PlantMachinery 2024-04-01 2025-03-31 08153712 frs-core:PlantMachinery 2024-03-31 08153712 frs-core:ShareCapital 2025-03-31 08153712 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08153712 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08153712 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08153712 frs-bus:SmallEntities 2024-04-01 2025-03-31 08153712 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08153712 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08153712 frs-bus:Director1 2024-04-01 2025-03-31 08153712 frs-bus:Director2 2024-04-01 2025-03-31 08153712 frs-countries:EnglandWales 2024-04-01 2025-03-31 08153712 2023-03-31 08153712 2024-03-31 08153712 2023-04-01 2024-03-31 08153712 frs-core:CurrentFinancialInstruments 2024-03-31 08153712 frs-core:Non-currentFinancialInstruments 2024-03-31 08153712 frs-core:ShareCapital 2024-03-31 08153712 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08153712
Premiere Nutrition Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08153712
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 35,022 43,045
Tangible Assets 5 34,760 27,069
69,782 70,114
CURRENT ASSETS
Stocks 6 840,255 443,996
Debtors 7 325,978 382,427
Cash at bank and in hand 16,388 -
1,182,621 826,423
Creditors: Amounts Falling Due Within One Year 8 (1,567,257 ) (1,211,624 )
NET CURRENT ASSETS (LIABILITIES) (384,636 ) (385,201 )
TOTAL ASSETS LESS CURRENT LIABILITIES (314,854 ) (315,087 )
Creditors: Amounts Falling Due After More Than One Year 9 (224,135 ) (303,017 )
NET LIABILITIES (538,989 ) (618,104 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account (539,089 ) (618,204 )
SHAREHOLDERS' FUNDS (538,989) (618,104)
Page 1
Page 2
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.
*included within Debtors, are non current assets of £58,500 (2024:£Nil).
The financial statements were approved by the board of directors on 16 December 2025 and were signed on its behalf by:
Mr J P Markey
Director
16/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Premiere Nutrition Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08153712 . The registered office is Q1 Quadrant Way, Hardwicke, Gloucester, GL2 2RN.
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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Plant & Machinery 20%
Fixtures & Fittings 20%
Computer Equipment 20%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 12)
13 12
4. Intangible Assets
Other Intellectual Property Total
£ £ £
Cost
As at 1 April 2024 36,279 36,661 72,940
Additions 16,438 1,302 17,740
As at 31 March 2025 52,717 37,963 90,680
Amortisation
As at 1 April 2024 23,581 6,314 29,895
Provided during the period 9,448 16,315 25,763
As at 31 March 2025 33,029 22,629 55,658
Net Book Value
As at 31 March 2025 19,688 15,334 35,022
As at 1 April 2024 12,698 30,347 43,045
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 7,148 11,614 17,521 36,283
Additions 11,541 3,246 2,030 16,817
As at 31 March 2025 18,689 14,860 19,551 53,100
Depreciation
As at 1 April 2024 4,125 1,741 3,348 9,214
Provided during the period 3,662 2,420 3,044 9,126
As at 31 March 2025 7,787 4,161 6,392 18,340
Net Book Value
As at 31 March 2025 10,902 10,699 13,159 34,760
As at 1 April 2024 3,023 9,873 14,173 27,069
6. Stocks
2025 2024
£ £
Stock 840,255 443,996
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 113,024 246,008
Prepayments and accrued income 54,611 109,134
Other debtors 52,811 241
Deferred tax current asset 43,750 27,044
VAT 3,282 -
267,478 382,427
Due after more than one year
Deferred tax current asset 58,500 -
325,978 382,427
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 146,426 326,217
Bank loans and overdrafts 43,984 24,356
Other taxes and social security 14,422 8,882
VAT - 49,585
Accruals and deferred income 20,142 19,347
Amounts owed to other participating interests 1,342,283 783,237
1,567,257 1,211,624
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 93,437 173,072
Directors loan account 130,698 129,945
224,135 303,017
10. Deferred Taxation
Deferred tax asset of £43,750 is expected to reverse in the next 12 months and relates to utilisation of tax losses against future expected profits of the same period.
Taxable losses have been incurred in prior years and are available to use against future taxable profits. A deferred tax asset has been
recognised based on short term profitability of the company and as such the full extent of deferred tax asset has not been recognised. The
approximate value of the unrecognised deferred tax asset measured at a standard rate of 25% (2024: 25%) is £52,268 (2024: £130,936).
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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