Acorah Software Products - Accounts Production 16.8.310 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 10741543 Mr Christopher Murray iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10741543 2024-04-30 10741543 2025-04-30 10741543 2024-05-01 2025-04-30 10741543 frs-core:CurrentFinancialInstruments 2025-04-30 10741543 frs-core:Non-currentFinancialInstruments 2025-04-30 10741543 frs-core:BetweenOneFiveYears 2025-04-30 10741543 frs-core:ComputerEquipment 2025-04-30 10741543 frs-core:ComputerEquipment 2024-05-01 2025-04-30 10741543 frs-core:ComputerEquipment 2024-04-30 10741543 frs-core:FurnitureFittings 2025-04-30 10741543 frs-core:FurnitureFittings 2024-05-01 2025-04-30 10741543 frs-core:FurnitureFittings 2024-04-30 10741543 frs-core:NetGoodwill 2025-04-30 10741543 frs-core:NetGoodwill 2024-05-01 2025-04-30 10741543 frs-core:NetGoodwill 2024-04-30 10741543 frs-core:PlantMachinery 2025-04-30 10741543 frs-core:PlantMachinery 2024-05-01 2025-04-30 10741543 frs-core:PlantMachinery 2024-04-30 10741543 frs-core:ShareCapital 2025-04-30 10741543 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 10741543 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 10741543 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 10741543 frs-bus:SmallEntities 2024-05-01 2025-04-30 10741543 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 10741543 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 10741543 frs-bus:Director1 2024-05-01 2025-04-30 10741543 frs-bus:Director1 2024-04-30 10741543 frs-bus:Director1 2025-04-30 10741543 frs-countries:EnglandWales 2024-05-01 2025-04-30 10741543 2023-04-30 10741543 2024-04-30 10741543 2023-05-01 2024-04-30 10741543 frs-core:CurrentFinancialInstruments 2024-04-30 10741543 frs-core:Non-currentFinancialInstruments 2024-04-30 10741543 frs-core:BetweenOneFiveYears 2024-04-30 10741543 frs-core:ShareCapital 2024-04-30 10741543 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 10741543
Penrith Posters Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2025
Penrith Posters Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Penrith Posters Ltd
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 10741543

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 15,000 |  | 15,000
Tangible Assets | 5 |  | 65,167 |  | 30,700
|  |  | 80,167 |  | 45,700
CURRENT ASSETS
Stocks | 6 | 2,500 |  | 1,000 |
Debtors | 7 | 21,002 |  | - |
Cash at bank and in hand |  | 4,440 |  | 28,104 |
|  | 27,942 |  | 29,104 |
Creditors: Amounts Falling Due Within One Year | 8 | (58,039 ) |  | (74,090 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (30,097 ) |  | (44,986 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 50,070 |  | 714
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (49,994 ) |  | -
NET ASSETS |  |  | 76 |  | 714
CAPITAL AND RESERVES
Called up share capital | 11 |  | 11 |  | 11
Profit and Loss Account |  |  | 65 |  | 703
SHAREHOLDERS' FUNDS |  |  | 76 |  | 714

Page 1
Page 2
Penrith Posters Ltd
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 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

Mr Christopher Murray Director
19/01/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Penrith Posters Ltd
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
Penrith Posters Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10741543 . The registered office is 20 - 21 Little Dockray, Penrith, Cumbria, CA11 7HL.
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.
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 the profit and loss account over its estimated economic life of .... years.
2.4. 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, over their expected useful lives on the following bases:

Plant & Machinery | 20% reducing balance basis
Fixtures & Fittings | 20% reducing balance basis
Computer Equipment | 3 years straight-line basis

2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable.
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 year 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 4)
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Page 3
Page 4
Penrith Posters Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 May 2024 | 15,000
As at 30 April 2025 | 15,000
Net Book Value
As at 30 April 2025 | 15,000
As at 1 May 2024 | 15,000

5. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 May 2024 | 56,484 | 987 | 4,922 | 62,393
Additions | 60,070 | - | - | 60,070
Disposals | (8,495 ) | - | - | (8,495 )
As at 30 April 2025 | 108,059 | 987 | 4,922 | 113,968
Depreciation
As at 1 May 2024 | 28,143 | 421 | 3,129 | 31,693
Provided during the period | 15,914 | 110 | 1,084 | 17,108
As at 30 April 2025 | 44,057 | 531 | 4,213 | 48,801
Net Book Value
As at 30 April 2025 | 64,002 | 456 | 709 | 65,167
As at 1 May 2024 | 28,341 | 566 | 1,793 | 30,700

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 2,500 |  | 1,000

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
VAT | 2,145 |  | -
Director's loan account | 18,857 |  | -
| 21,002 |  | -

Page 4
Page 5
Penrith Posters Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 7,669 |  | 15,115
Bank loans and overdrafts | 33,841 |  | 43,238
Corporation tax | 5,828 |  | 9,282
Other taxes and social security | 9,971 |  | 1,341
VAT | - |  | 4,419
Accruals and deferred income | 730 |  | 695
| 58,039 |  | 74,090

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 49,994 |  | -

10. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years | 49,994 |  | -

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 11 |  | 11

12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 May 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 April 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Christopher Murray | - | 18,857 | - | - | 18,857

The above loan is unsecured, interest free and repayable on demand.
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