Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 23 December 2025 1 April 2024 31 March 2025 31 March 2025 13645895 Mr A S Townsend Mr J Gordon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13645895 2024-03-31 13645895 2025-03-31 13645895 2024-04-01 2025-03-31 13645895 frs-core:CurrentFinancialInstruments 2025-03-31 13645895 frs-core:ShareCapital 2025-03-31 13645895 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13645895 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13645895 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13645895 frs-bus:SmallEntities 2024-04-01 2025-03-31 13645895 frs-bus:Audited 2024-04-01 2025-03-31 13645895 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13645895 frs-bus:Director1 2024-04-01 2025-03-31 13645895 frs-bus:Director2 2024-04-01 2025-03-31 13645895 frs-countries:EnglandWales 2024-04-01 2025-03-31 13645895 2023-03-31 13645895 2024-03-31 13645895 2023-04-01 2024-03-31 13645895 frs-core:CurrentFinancialInstruments 2024-03-31 13645895 frs-core:ShareCapital 2024-03-31 13645895 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 13645895
PV Hotel SPV Limited
Financial Statements
For The Year Ended 31 March 2025
Fairman Harris
1 Landor Road
London
SW9 9RX
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13645895
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 15,331 14,478
Debtors 5 366,602 292,751
Cash at bank and in hand 1,207,193 1,456,056
1,589,126 1,763,285
Creditors: Amounts Falling Due Within One Year 6 (1,551,305 ) (1,723,777 )
NET CURRENT ASSETS (LIABILITIES) 37,821 39,508
TOTAL ASSETS LESS CURRENT LIABILITIES 37,821 39,508
NET ASSETS 37,821 39,508
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 37,819 39,506
SHAREHOLDERS' FUNDS 37,821 39,508
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 J Gordon
Director
24 December 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
PV Hotel SPV Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13645895 . The registered office is Russell House, 6 Doctors Lane, Henley-In-Arden, B95 5AW.
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. 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.
2.4. 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 77 (2024: 77)
77 77
Page 2
Page 3
4. Stocks
2025 2024
£ £
Finished goods 15,331 14,478
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 63,805 79,757
Other debtors 302,797 212,994
366,602 292,751
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 572,871 227,109
Other creditors 819,372 1,269,816
Taxation and social security 159,062 226,852
1,551,305 1,723,777
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
8. Related Party Transactions
At the balance sheet date, the company owed £1,067 (2024: £267) to Legacy Hotels and Resorts Limited,a company with common directors.
9. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
10. Audit Information
The auditor's report on the accounts of PV Hotel SPV Limited for the year ended 31 March 2025 was unqualified.
The auditor's report was signed by F Meghani (Senior Statutory Auditor) for and on behalf of Fairman Harris , Statutory Auditor.
Page 3