Acorah Software Products - Accounts Production 16.8.310 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04036416 Mrs Fiona Donaghy Mr Mark Honess iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04036416 2024-03-31 04036416 2025-03-31 04036416 2024-04-01 2025-03-31 04036416 frs-core:CurrentFinancialInstruments 2025-03-31 04036416 frs-core:BetweenOneFiveYears 2025-03-31 04036416 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04036416 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04036416 frs-core:LandBuildings 2025-03-31 04036416 frs-core:LandBuildings 2024-04-01 2025-03-31 04036416 frs-core:LandBuildings 2024-03-31 04036416 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 04036416 frs-core:PlantMachinery 2025-03-31 04036416 frs-core:PlantMachinery 2024-04-01 2025-03-31 04036416 frs-core:PlantMachinery 2024-03-31 04036416 frs-core:WithinOneYear 2025-03-31 04036416 frs-core:SharePremium 2025-03-31 04036416 frs-core:ShareCapital 2025-03-31 04036416 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04036416 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04036416 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04036416 frs-bus:SmallEntities 2024-04-01 2025-03-31 04036416 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04036416 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04036416 frs-bus:Director1 2024-04-01 2025-03-31 04036416 frs-bus:Director2 2024-04-01 2025-03-31 04036416 frs-countries:EnglandWales 2024-04-01 2025-03-31 04036416 2023-03-31 04036416 2024-03-31 04036416 2023-04-01 2024-03-31 04036416 frs-core:CurrentFinancialInstruments 2024-03-31 04036416 frs-core:BetweenOneFiveYears 2024-03-31 04036416 frs-core:WithinOneYear 2024-03-31 04036416 frs-core:SharePremium 2024-03-31 04036416 frs-core:ShareCapital 2024-03-31 04036416 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04036416
Panache Professional Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Panache Professional Solutions Limited
Contents
Contents

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

Page 1
Panache Professional Solutions Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 04036416

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 654 |  | 1,018
|  |  | 654 |  | 1,018
CURRENT ASSETS
Debtors | 5 | 633,616 |  | 562,155 |
Cash at bank and in hand |  | 16,791 |  | 13,232 |
|  | 650,407 |  | 575,387 |
Creditors: Amounts falling due within one year | 6 | (216,576 ) |  | (186,924 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 433,831 |  | 388,463
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 434,485 |  | 389,481
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (164 ) |  | (255 )
NET ASSETS |  |  | 434,321 |  | 389,226
CAPITAL AND RESERVES
Called up share capital |  |  | 108 |  | 108
Share premium account |  |  | 9,108 |  | 9,108
Profit and Loss Account |  |  | 425,105 |  | 380,010
SHAREHOLDERS' FUNDS |  |  | 434,321 |  | 389,226

Page 1
Page 2
Panache Professional Solutions Limited
Balance Sheet (continued)
As At 31 March 2025
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

Mrs Fiona Donaghy Director
20/02/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Panache Professional Solutions Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Panache Professional Solutions Limited is a private company limited by shares, and is incorporated in England & Wales (registered number 04036416 .) Its registered office is located at 62 The Street, Ashtead, Surrey, KT21 1AT.
The principal activity of the company continued to be that of business support services.
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.
The financial statements are presented in sterling, which is the functional currency of the company.
Changes in accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and
have remained unchanged from the previous year, and have also been consistently applied within the same
accounts.
2.2. Significant judgements and estimations
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
Estimates and their underlying assumptions are reviewed on an ongoing basis.
Judgements and Estimates
- The useful life of fixed assets
- Asset residual values.
2.3. Turnover
Turnover from the rendering of services is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is reduced for estimated rebates and other similar allowances.
Turnover is recognised when it can be estimated reliably by reference to the stage of completion of the services provided as at the balance sheet date.
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, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold improvements | 33% SL
Plant & Machinery | 15% SL
Fixtures & Fittings | 15% SL
Computer Equipment | 25% SL

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted if appropriate, or if there is a significant change since the last reporting date.
Impairment of Assets
At each reporting date, fixed assets are reviewed to determine whether there is any indication that those assets
have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any
affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the
carrying amount is reduced to its estimated recoverable amount.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate
of its recoverable amount, but not in excess of the amount that would have been determined had no impairment
been recognised for the asset in prior years.
All impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
2.5. Leasing and Hire Purchase Contracts
Operating leases
Rentals payable under operating leases, where substantially all of the benefits and risks of ownership remain with the lessor, are charged to the profit and loss accountprofit and loss account on a straight line basis over the lease term.
Page 3
Page 4
Panache Professional Solutions Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.6. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans with related parties and other third parties.
Financial Assets
Basic financial assets, including trade and other receivables, and cash and bank balances are recognised at transaction price, less any impairment.
Financial Liabilities
Basic financial liabilities, including trade and other payables, are recognised at transaction price, less any impairment, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
2.7. Taxation
The overall tax charge represents the sum of the tax currently payable and deferred tax.
Current and deferred tax are recognised in the profit and loss account 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. On the grounds of immateriality, deferred tax assets and liabilities are not discounted.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because it excludes items of income and expenditure that are not taxable or deductible, or that are taxable or deductible in other accounting periods. 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
Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise. Timing differences arise from the inclusion of items of income and expenditure in the taxation computation in periods different from those in which they are included in the financial statements.
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered.
2.8. Pensions
The companycompany operates a defined pension contribution scheme. Contributions are charged to the profit and loss accountprofit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Employee Benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 361 (2024: 416)
361 416
4. Tangible Assets

| Land & Buildings | Plant & Machinery etc. | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2024 | 7,100 | 49,789 | 56,889
Additions | - | 241 | 241
As at 31 March 2025 | 7,100 | 50,030 | 57,130
Depreciation
As at 1 April 2024 | 7,100 | 48,771 | 55,871
Provided during the period | - | 605 | 605
As at 31 March 2025 | 7,100 | 49,376 | 56,476

...CONTINUED
Page 4
Page 5
Panache Professional Solutions Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025 | - | 654 | 654
As at 1 April 2024 | - | 1,018 | 1,018

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 627,047 |  | 558,063
Other debtors | 6,569 |  | 4,092
| 633,616 |  | 562,155

6. Creditors: Amounts falling due within one year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 18,693
Other creditors | 78,565 |  | 74,833
Taxation and social security | 138,011 |  | 93,398
| 216,576 |  | 186,924

7. Other Commitments
At the balance sheet date, the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 16,500 |  | 16,500
Later than one year and not later than five years | 12,375 |  | 28,875
| 28,875 |  | 45,375

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