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 11907927 Ms Rukiye Kepil iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11907927 2024-03-31 11907927 2025-03-31 11907927 2024-04-01 2025-03-31 11907927 frs-core:CurrentFinancialInstruments 2025-03-31 11907927 frs-core:Non-currentFinancialInstruments 2025-03-31 11907927 frs-core:FurnitureFittings 2025-03-31 11907927 frs-core:FurnitureFittings 2024-04-01 2025-03-31 11907927 frs-core:FurnitureFittings 2024-03-31 11907927 frs-core:MotorVehicles 2025-03-31 11907927 frs-core:MotorVehicles 2024-04-01 2025-03-31 11907927 frs-core:MotorVehicles 2024-03-31 11907927 frs-core:PlantMachinery 2024-04-01 2025-03-31 11907927 frs-core:ShareCapital 2025-03-31 11907927 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11907927 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11907927 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11907927 frs-bus:SmallEntities 2024-04-01 2025-03-31 11907927 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11907927 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11907927 frs-bus:Director1 2024-04-01 2025-03-31 11907927 frs-countries:EnglandWales 2024-04-01 2025-03-31 11907927 2023-03-31 11907927 2024-03-31 11907927 2023-04-01 2024-03-31 11907927 frs-core:CurrentFinancialInstruments 2024-03-31 11907927 frs-core:Non-currentFinancialInstruments 2024-03-31 11907927 frs-core:ShareCapital 2024-03-31 11907927 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11907927
Payitaht Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Tax Focus Accountancy Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11907927
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,240 19,987
17,240 19,987
CURRENT ASSETS
Stocks 5 4,685 4,219
Debtors 6 11,061 5,482
Cash at bank and in hand 2,416 7,753
18,162 17,454
Creditors: Amounts Falling Due Within One Year 7 (118,015 ) (115,230 )
NET CURRENT ASSETS (LIABILITIES) (99,853 ) (97,776 )
TOTAL ASSETS LESS CURRENT LIABILITIES (82,613 ) (77,789 )
Creditors: Amounts Falling Due After More Than One Year 8 (6,115 ) (16,252 )
NET LIABILITIES (88,728 ) (94,041 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (88,828 ) (94,141 )
SHAREHOLDERS' FUNDS (88,728) (94,041)
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
Ms Rukiye Kepil
Director
16/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Payitaht Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11907927 . The registered office is Ali Baba, 110 Bancroft, Hitchin, SG5 1NB.
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
Motor Vehicles 20
Fixtures & Fittings 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: )
7 -
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 1,350 35,183 36,533
Additions - 1,334 1,334
As at 31 March 2025 1,350 36,517 37,867
Depreciation
As at 1 April 2024 659 15,887 16,546
Provided during the period 138 3,943 4,081
As at 31 March 2025 797 19,830 20,627
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2025 553 16,687 17,240
As at 1 April 2024 691 19,296 19,987
5. Stocks
2025 2024
£ £
Finished goods 4,685 4,219
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,578 5,082
Other debtors 7,483 400
11,061 5,482
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2 1
Other creditors 96,846 103,828
Taxation and social security 21,167 11,401
118,015 115,230
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 6,115 16,252
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4