Acorah Software Products - Accounts Production 16.6.950 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13078637 Mr Dominic Matthew BOWCOCK Dr Helen Ann BOWCOCK Mr Matthew Philip BOWCOCK Ms Catherine Helen BRADFORD iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13078637 2023-12-31 13078637 2024-12-31 13078637 2024-01-01 2024-12-31 13078637 frs-core:CurrentFinancialInstruments 2024-12-31 13078637 frs-core:ComputerEquipment 2024-12-31 13078637 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13078637 frs-core:ComputerEquipment 2023-12-31 13078637 frs-core:FurnitureFittings 2024-12-31 13078637 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13078637 frs-core:FurnitureFittings 2023-12-31 13078637 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 13078637 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 13078637 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 13078637 frs-core:ShareCapital 2024-12-31 13078637 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13078637 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13078637 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13078637 frs-bus:SmallEntities 2024-01-01 2024-12-31 13078637 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13078637 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13078637 frs-bus:Director1 2024-01-01 2024-12-31 13078637 frs-bus:Director2 2024-01-01 2024-12-31 13078637 frs-bus:Director3 2024-01-01 2024-12-31 13078637 frs-bus:Director4 2024-01-01 2024-12-31 13078637 frs-countries:EnglandWales 2024-01-01 2024-12-31 13078637 2022-12-31 13078637 2023-12-31 13078637 2023-01-01 2023-12-31 13078637 frs-core:CurrentFinancialInstruments 2023-12-31 13078637 frs-core:ShareCapital 2023-12-31 13078637 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13078637
Petworth Road Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Accounting SQL Limited t/a Spondoo Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13078637
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 442,482 85,850
442,482 85,850
CURRENT ASSETS
Debtors 5 3,903 788
Investments 6 7,313 -
Cash at bank and in hand 4,520 7,206
15,736 7,994
Creditors: Amounts Falling Due Within One Year 7 (723,640 ) (315,285 )
NET CURRENT ASSETS (LIABILITIES) (707,904 ) (307,291 )
TOTAL ASSETS LESS CURRENT LIABILITIES (265,422 ) (221,441 )
NET LIABILITIES (265,422 ) (221,441 )
CAPITAL AND RESERVES
Called up share capital 8 3 3
Profit and Loss Account (265,425 ) (221,444 )
SHAREHOLDERS' FUNDS (265,422) (221,441)
Page 1
Page 2
For the year ending 31 December 2024 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 Matthew Philip BOWCOCK
Director
30/12/2025
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
Petworth Road Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13078637 . The registered office is 2-4 Petworth Road, Haslemere, Surrey, England, GU27 2HR.
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:
Freehold 2% Reducing
Fixtures & Fittings 25% Reducing
Computer Equipment 25% Reducing
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 - 180,604 4,359 184,963
Additions 372,750 13,136 - 385,886
As at 31 December 2024 372,750 193,740 4,359 570,849
Depreciation
As at 1 January 2024 - 96,995 2,118 99,113
Provided during the period - 28,513 741 29,254
As at 31 December 2024 - 125,508 2,859 128,367
Net Book Value
As at 31 December 2024 372,750 68,232 1,500 442,482
As at 1 January 2024 - 83,609 2,241 85,850
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 788
Other debtors 3,903 -
3,903 788
6. Current Asset Investments
2024 2023
£ £
Short term deposits 7,313 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,994 (1 )
Bank loans and overdrafts - 279
Other creditors 717,207 310,611
Taxation and social security 3,439 4,396
723,640 315,285
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
Page 4