Acorah Software Products - Accounts Production 16.8.310 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 11390394 Mr I C Powell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11390394 2024-05-31 11390394 2025-05-31 11390394 2024-06-01 2025-05-31 11390394 frs-core:PlantMachinery 2025-05-31 11390394 frs-core:PlantMachinery 2024-06-01 2025-05-31 11390394 frs-core:PlantMachinery 2024-05-31 11390394 frs-core:ShareCapital 2025-05-31 11390394 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 11390394 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 11390394 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 11390394 frs-bus:SmallEntities 2024-06-01 2025-05-31 11390394 frs-bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 11390394 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 11390394 frs-bus:OrdinaryShareClass1 2024-06-01 2025-05-31 11390394 frs-bus:OrdinaryShareClass1 2025-05-31 11390394 frs-bus:Director1 2024-06-01 2025-05-31 11390394 frs-countries:EnglandWales 2024-06-01 2025-05-31 11390394 2023-05-31 11390394 2024-05-31 11390394 2023-06-01 2024-05-31 11390394 frs-core:ShareCapital 2024-05-31 11390394 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11390394 frs-bus:OrdinaryShareClass1 2023-06-01 2024-05-31
Registered number: 11390394
Pse Developments Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
Finsbury Robinson Ltd
237 Westcombe Hill
London
SE3 7DW
Pse Developments Ltd
Contents
Contents

| Page
--- | ---
Accountant's Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—5

Page 1
Pse Developments Ltd
Accountant's Report
For The Year Ended 31 May 2025
Accountant's Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
You have acknowledged on the balance sheet as at year ended 31 May 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

17th February 2026

Finsbury Robinson Ltd
237 Westcombe Hill
London
SE3 7DW
Page 1
Page 2
Pse Developments Ltd
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 11390394

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | - |  | 13,360
|  |  | - |  | 13,360
CURRENT ASSETS
Stocks |  | - |  | 1,024,011 |
Debtors |  | - |  | 26,238 |
Cash at bank and in hand |  | 1,515 |  | 1,424 |
|  | 1,515 |  | 1,051,673 |
Creditors: Amounts Falling Due Within One Year |  | (3,122 ) |  | (882,768 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (1,607 ) |  | 168,905
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (1,607 ) |  | 182,265
NET (LIABILITIES)/ASSETS |  |  | (1,607 ) |  | 182,265
CAPITAL AND RESERVES
Called up share capital | 5 |  | 1 |  | 1
Profit and Loss Account |  |  | (1,608 ) |  | 182,264
SHAREHOLDERS' FUNDS |  |  | (1,607) |  | 182,265

Page 2
Page 3
Pse Developments Ltd
Balance Sheet (continued)
As At 31 May 2025
For the year ending 31 May 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 I C Powell Director
17th February 2026

The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Pse Developments Ltd
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
Pse Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11390394 . The registered office is Unit 2 Fitzroy Business Park Sandy Lane, Sidcup, Kent, DA14 5NL.
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.
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 | 25% on reducing balance

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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
Tax is recognised in the profit and loss account except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Balance Sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 4
Page 5
Pse Developments Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 June 2024 | 31,667
Disposals | (31,667 )
As at 31 May 2025 | -
Depreciation
As at 1 June 2024 | 18,307
Provided during the period | 3,340
Disposals | (21,647 )
As at 31 May 2025 | -
Net Book Value
As at 31 May 2025 | -
As at 1 June 2024 | 13,360

5. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
1 Ordinary Shares of £ 1.00 each | 1 |  | 1

Page 5