Acorah Software Products - Accounts Production 16.7.461 false true false 1 April 2024 31 March 2025 31 March 2025 10516058 Mrs Cathy Mittler Mr Stephen Mittler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10516058 2024-03-31 10516058 2025-03-31 10516058 2024-04-01 2025-03-31 10516058 frs-core:CurrentFinancialInstruments 2025-03-31 10516058 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10516058 frs-core:FurnitureFittings 2025-03-31 10516058 frs-core:FurnitureFittings 2024-04-01 2025-03-31 10516058 frs-core:FurnitureFittings 2024-03-31 10516058 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 10516058 frs-core:MotorVehicles 2025-03-31 10516058 frs-core:MotorVehicles 2024-04-01 2025-03-31 10516058 frs-core:MotorVehicles 2024-03-31 10516058 frs-core:PlantMachinery 2025-03-31 10516058 frs-core:PlantMachinery 2024-04-01 2025-03-31 10516058 frs-core:PlantMachinery 2024-03-31 10516058 frs-core:RevaluationReserve 2024-03-31 10516058 frs-core:RevaluationReserve 2025-03-31 10516058 frs-core:SharePremium 2024-03-31 10516058 frs-core:SharePremium 2025-03-31 10516058 frs-core:ShareCapital 2025-03-31 10516058 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 10516058 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-03-31 10516058 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10516058 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10516058 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10516058 frs-bus:SmallEntities 2024-04-01 2025-03-31 10516058 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10516058 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10516058 frs-bus:Director1 2024-04-01 2025-03-31 10516058 frs-bus:Director1 2024-03-31 10516058 frs-bus:Director1 2025-03-31 10516058 frs-bus:Director2 2024-04-01 2025-03-31 10516058 frs-core:CurrentFinancialInstruments 1 2025-03-31 10516058 frs-core:CurrentFinancialInstruments 2 2025-03-31 10516058 frs-core:CurrentFinancialInstruments 6 2025-03-31 10516058 frs-countries:EnglandWales 2024-04-01 2025-03-31
Registered number: 10516058
Plumlocations Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
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Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10516058
2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 124,496
Investment Properties 5 6,779,999
6,904,495
CURRENT ASSETS
Debtors 6 934,299
Cash at bank and in hand 63,396
997,695
Creditors: Amounts Falling Due Within One Year 7 (3,213,894 )
NET CURRENT ASSETS (LIABILITIES) (2,216,199 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,688,296
NET ASSETS 4,688,296
CAPITAL AND RESERVES
Called up share capital 8 100
Share premium account 2,685,497
Revaluation reserve 10 604,875
Profit and Loss Account 1,397,824
SHAREHOLDERS' FUNDS 4,688,296
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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.
On behalf of the board
Mr Stephen Mittler
Director
29/12/2025
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
Plumlocations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10516058 . The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN.
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:
Leasehold Not depreciated
Plant & Machinery 15% Written Down Value
Motor Vehicles 15% Written Down Value
Fixtures & Fittings 15% reducing balance
Computer Equipment 15% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. 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.
...CONTINUED
Page 3
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2.5. Taxation - continued
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: 3
3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost or Valuation
As at 1 April 2024 - 17,126 2,793 19,919
Additions - - 350,713 350,713
As at 31 March 2025 - 17,126 353,506 370,632
Depreciation
As at 1 April 2024 - - 227,188 227,188
Provided during the period 8,002 - 10,946 18,948
As at 31 March 2025 8,002 - 238,134 246,136
Net Book Value
As at 31 March 2025 (8,002 ) 17,126 115,372 124,496
As at 1 April 2024 - 17,126 (224,395 ) (207,269 )
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 6,652,945
Additions 127,054
As at 31 March 2025 6,779,999
6. Debtors
2025
£
Due within one year
Trade debtors 93,926
Other debtors 840,373
934,299
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2025
£
Trade creditors 152,374
Corporation tax 19,288
Other taxes and social security 6,231
VAT 18,299
Other creditors (1) 2,644,782
Other creditors (2) 600
Other creditors (6) 361,970
Accruals and deferred income 10,350
3,213,894
8. Share Capital
2025
£
Allotted, Called up and fully paid 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Stephen Mittler 1,609,530 - - - -
The above loan is unsecured, interest free and repayable on demand.
10. Reserves
Share Premium Revaluation reserve Profit and Loss Account
£ £ £
As at 1 April 2024 2,685,497 604,875 1,121,683
Profit for the year and total comprehensive income - - 276,141
As at 31 March 2025 2,685,497 604,875 1,397,824
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