Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04383451 Mr Paul Varney Mrs Rebecca Curry-Varney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04383451 2024-03-31 04383451 2025-03-31 04383451 2024-04-01 2025-03-31 04383451 frs-core:Non-currentFinancialInstruments 2025-03-31 04383451 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04383451 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04383451 frs-core:NetGoodwill 2024-04-01 2025-03-31 04383451 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04383451 frs-core:MotorVehicles 2024-04-01 2025-03-31 04383451 frs-core:ShareCapital 2025-03-31 04383451 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04383451 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04383451 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 04383451 frs-bus:SmallEntities 2024-04-01 2025-03-31 04383451 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04383451 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04383451 frs-bus:Director1 2024-04-01 2025-03-31 04383451 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04383451 frs-countries:EnglandWales 2024-04-01 2025-03-31 04383451 2023-03-31 04383451 2024-03-31 04383451 2023-04-01 2024-03-31 04383451 frs-core:Non-currentFinancialInstruments 2024-03-31 04383451 frs-core:ShareCapital 2024-03-31 04383451 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04383451
P L Varney Limited
ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Nicholson Tax & Accounts
8 Chapel Street
Belper
DE56 1AR
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 04383451
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1 1
Tangible Assets 5 338,201 375,649
338,202 375,650
CURRENT ASSETS
Debtors 4,535 11,231
Cash at bank and in hand 252,485 209,855
257,020 221,086
Creditors: Amounts Falling Due Within One Year (69,433 ) (72,104 )
NET CURRENT ASSETS (LIABILITIES) 187,587 148,982
TOTAL ASSETS LESS CURRENT LIABILITIES 525,789 524,632
Creditors: Amounts Falling Due After More Than One Year (2,862 ) (7,662 )
NET ASSETS 522,927 516,970
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 522,827 516,870
SHAREHOLDERS' FUNDS 522,927 516,970
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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Paul Varney
Director
23rd December 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
P L Varney Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04383451 . The registered office is Weir Lodge House, 39 Wyver Lane, Belper, Derbyshire, DE56 2UB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold 2% on cost
Motor Vehicles 25% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 33% on cost
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2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Intangible Assets
Total
£
Cost
As at 1 April 2024 27,550
As at 31 March 2025 27,550
Amortisation
As at 1 April 2024 27,549
As at 31 March 2025 27,549
Net Book Value
As at 31 March 2025 1
As at 1 April 2024 1
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5. Tangible Assets
Total
£
Cost
As at 1 April 2024 544,640
Disposals (32,000 )
As at 31 March 2025 512,640
Depreciation
As at 1 April 2024 168,991
Provided during the period 13,448
Disposals (8,000 )
As at 31 March 2025 174,439
Net Book Value
As at 31 March 2025 338,201
As at 1 April 2024 375,649
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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