Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 4683471 Dr Mark Waters iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 4683471 2024-03-31 4683471 2025-03-31 4683471 2024-04-01 2025-03-31 4683471 frs-core:CurrentFinancialInstruments 2025-03-31 4683471 frs-core:ComputerEquipment 2025-03-31 4683471 frs-core:ComputerEquipment 2024-04-01 2025-03-31 4683471 frs-core:ComputerEquipment 2024-03-31 4683471 frs-core:FurnitureFittings 2025-03-31 4683471 frs-core:FurnitureFittings 2024-04-01 2025-03-31 4683471 frs-core:FurnitureFittings 2024-03-31 4683471 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 4683471 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 4683471 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 4683471 frs-core:MotorVehicles 2025-03-31 4683471 frs-core:MotorVehicles 2024-04-01 2025-03-31 4683471 frs-core:MotorVehicles 2024-03-31 4683471 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 4683471 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 4683471 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 4683471 frs-bus:SmallEntities 2024-04-01 2025-03-31 4683471 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 4683471 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 4683471 frs-bus:Director1 2024-04-01 2025-03-31 4683471 frs-core:CurrentFinancialInstruments 1 2025-03-31 4683471 frs-core:CurrentFinancialInstruments 2 2025-03-31 4683471 frs-countries:EnglandWales 2024-04-01 2025-03-31 4683471 2023-03-31 4683471 2024-03-31 4683471 2023-04-01 2024-03-31 4683471 frs-core:CurrentFinancialInstruments 2024-03-31 4683471 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 4683471 frs-core:CurrentFinancialInstruments 1 2024-03-31 4683471 frs-core:CurrentFinancialInstruments 2 2024-03-31
Registered number: 4683471
Positive Lifestyles (Porthcawl) Limited
Financial Statements
For The Year Ended 31 March 2025
EasyBooks Wales Ltd
Unit 4, Dragon 24 North Dock
Llanelli
SA15 2LF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 4683471
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,400 55,359
20,400 55,359
CURRENT ASSETS
Debtors 5 97,764 125,433
Cash at bank and in hand 871,627 766,796
969,391 892,229
Creditors: Amounts Falling Due Within One Year 6 (84,854 ) (126,642 )
NET CURRENT ASSETS (LIABILITIES) 884,537 765,587
TOTAL ASSETS LESS CURRENT LIABILITIES 904,937 820,946
NET ASSETS 904,937 820,946
Profit and Loss Account 904,937 820,946
SHAREHOLDERS' FUNDS 904,937 820,946
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Dr Mark Waters
Director
22/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Positive Lifestyles (Porthcawl) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 4683471 . The registered office is 11 Mary Street, Porthcawl, Mid Glamorgan, CF36 3YL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Leasehold 10% Straight Line Basis
Motor Vehicles 25% Straight Line basis
Fixtures & Fittings 25% Straight Line basis
Computer Equipment 25% Straight Line basis
2.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 43 (2024: 49)
43 49
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 April 2024 48,197 12,147 51,469 16,627 128,440
Additions - - 4,301 269 4,570
Disposals - - (505 ) - (505 )
Revaluation (48,197 ) - - - (48,197 )
As at 31 March 2025 - 12,147 55,265 16,896 84,308
Depreciation
As at 1 April 2024 16,054 12,147 34,693 10,187 73,081
Provided during the period - - 4,188 2,857 7,045
Disposals - - (164 ) - (164 )
On revaluations (16,054 ) - - - (16,054 )
As at 31 March 2025 - 12,147 38,717 13,044 63,908
Net Book Value
As at 31 March 2025 - - 16,548 3,852 20,400
As at 1 April 2024 32,143 - 16,776 6,440 55,359
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 96,285 112,391
Prepayments and accrued income 999 12,950
Net wages 480 92
97,764 125,433
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 929 115
Corporation tax 42,054 73,333
AOE control account 208 429
Pension control account 21,532 13,456
Accruals and deferred income 19,921 39,174
Director's loan account 210 135
84,854 126,642
7. Share Capital
2025 2024
£ £
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