Acorah Software Products - Accounts Production 19.1.200 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 08622990 M J Gonzalez Garzon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08622990 2024-07-31 08622990 2025-07-31 08622990 2024-08-01 2025-07-31 08622990 frs-core:CurrentFinancialInstruments 2025-07-31 08622990 frs-core:ComputerEquipment 2025-07-31 08622990 frs-core:ComputerEquipment 2024-08-01 2025-07-31 08622990 frs-core:ComputerEquipment 2024-07-31 08622990 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-01 2025-07-31 08622990 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 08622990 frs-core:MotorVehicles 2024-08-01 2025-07-31 08622990 frs-core:OtherResidualIntangibleAssets 2025-07-31 08622990 frs-core:OtherResidualIntangibleAssets 2024-08-01 2025-07-31 08622990 frs-core:OtherResidualIntangibleAssets 2024-07-31 08622990 frs-core:PlantMachinery 2025-07-31 08622990 frs-core:PlantMachinery 2024-08-01 2025-07-31 08622990 frs-core:PlantMachinery 2024-07-31 08622990 frs-core:ShareCapital 2025-07-31 08622990 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 08622990 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 08622990 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 08622990 frs-bus:SmallEntities 2024-08-01 2025-07-31 08622990 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 08622990 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 08622990 frs-bus:OrdinaryShareClass1 2024-08-01 2025-07-31 08622990 frs-bus:OrdinaryShareClass1 2025-07-31 08622990 frs-bus:Director1 2024-08-01 2025-07-31 08622990 frs-core:CurrentFinancialInstruments 1 2025-07-31 08622990 frs-core:CurrentFinancialInstruments 3 2025-07-31 08622990 frs-core:CurrentFinancialInstruments 4 2025-07-31 08622990 frs-countries:EnglandWales 2024-08-01 2025-07-31 08622990 2023-07-31 08622990 2024-07-31 08622990 2023-08-01 2024-07-31 08622990 frs-core:CurrentFinancialInstruments 2024-07-31 08622990 frs-core:ShareCapital 2024-07-31 08622990 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 08622990 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 08622990 frs-core:CurrentFinancialInstruments 1 2024-07-31 08622990 frs-core:CurrentFinancialInstruments 3 2024-07-31 08622990 frs-core:CurrentFinancialInstruments 4 2024-07-31
Registered number: 08622990
Pepa And Co. Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08622990
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 31,265 31,673
Tangible Assets 5 8,934 12,863
40,199 44,536
CURRENT ASSETS
Stocks 6 729,357 602,226
Debtors 7 603,438 213,998
Cash at bank and in hand 195,126 426,882
1,527,921 1,243,106
Creditors: Amounts Falling Due Within One Year 8 (664,209 ) (384,442 )
NET CURRENT ASSETS (LIABILITIES) 863,712 858,664
TOTAL ASSETS LESS CURRENT LIABILITIES 903,911 903,200
NET ASSETS 903,911 903,200
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 903,811 903,100
SHAREHOLDERS' FUNDS 903,911 903,200
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For the year ending 31 July 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
M J Gonzalez Garzon
Director
27/04/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Pepa And Co. Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08622990 . The registered office is 9 Culverden Road, London, SW12 9LR.
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the goods;
• the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over    the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Freehold 10% Straight line
Plant & Machinery 33.33% Straight line
Motor Vehicles 33.33% Straight line
Computer Equipment 33.33% Straight line
2.5. 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.
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2.6. 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.
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.
2.7. Pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
2.8. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
2.9. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty or notice of not more than 24 hours.
2.10. Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 24 (2024: 20)
24 20
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4. Intangible Assets
Other
£
Cost
As at 1 August 2024 86,255
Additions 27,108
As at 31 July 2025 113,363
Amortisation
As at 1 August 2024 54,582
Provided during the period 27,516
As at 31 July 2025 82,098
Net Book Value
As at 31 July 2025 31,265
As at 1 August 2024 31,673
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 August 2024 17,185 38,051 55,236
Additions 2,934 3,623 6,557
As at 31 July 2025 20,119 41,674 61,793
Depreciation
As at 1 August 2024 12,213 30,160 42,373
Provided during the period 4,378 6,108 10,486
As at 31 July 2025 16,591 36,268 52,859
Net Book Value
As at 31 July 2025 3,528 5,406 8,934
As at 1 August 2024 4,972 7,891 12,863
6. Stocks
2025 2024
£ £
Finished goods 729,357 602,226
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 319,405 43,396
Prepayments and accrued income 55,766 73,889
Other debtors 4,200 629
Deposit 45,838 45,838
Deferred tax current asset 2,233 2,444
VAT 42,372 35,008
Amounts owed by group undertakings 133,624 12,794
603,438 213,998
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 408,850 183,082
Corporation tax 2,040 35,168
Other taxes and social security 50,107 32,957
Net wages 114 1,734
Other creditors 26,042 30,971
Bank loans and overdrafts 146,639 64,072
Pensions Payable 2,190 2,025
Accruals and deferred income 2,108 3,571
Directors' loan accounts 26,119 30,862
664,209 384,442
9. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
10. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions of £2,190 (2024: £2,025) were payable at the balance sheet date.
11. Related Party Transactions
At the Balance Sheet date the company owed £26,119 (2024 : £30,862) to the directors.
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