Acorah Software Products - Accounts Production 19.2.350 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 SC707006 Mrs Jessica Clark Mrs Lyndsey Clark iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC707006 2024-08-31 SC707006 2025-08-31 SC707006 2024-09-01 2025-08-31 SC707006 frs-core:CurrentFinancialInstruments 2025-08-31 SC707006 frs-core:Non-currentFinancialInstruments 2025-08-31 SC707006 frs-core:BetweenOneFiveYears 2025-08-31 SC707006 frs-core:ComputerEquipment 2025-08-31 SC707006 frs-core:ComputerEquipment 2024-09-01 2025-08-31 SC707006 frs-core:ComputerEquipment 2024-08-31 SC707006 frs-core:MotorVehicles 2025-08-31 SC707006 frs-core:MotorVehicles 2024-09-01 2025-08-31 SC707006 frs-core:MotorVehicles 2024-08-31 SC707006 frs-core:WithinOneYear 2025-08-31 SC707006 frs-core:ShareCapital 2025-08-31 SC707006 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 SC707006 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC707006 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 SC707006 frs-bus:SmallEntities 2024-09-01 2025-08-31 SC707006 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 SC707006 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 SC707006 frs-bus:Director1 2024-09-01 2025-08-31 SC707006 frs-bus:Director2 2024-09-01 2025-08-31 SC707006 frs-core:CurrentFinancialInstruments 1 2025-08-31 SC707006 frs-core:CurrentFinancialInstruments 2 2025-08-31 SC707006 frs-countries:Scotland 2024-09-01 2025-08-31 SC707006 2023-08-31 SC707006 2024-08-31 SC707006 2023-09-01 2024-08-31 SC707006 frs-core:CurrentFinancialInstruments 2024-08-31 SC707006 frs-core:Non-currentFinancialInstruments 2024-08-31 SC707006 frs-core:BetweenOneFiveYears 2024-08-31 SC707006 frs-core:WithinOneYear 2024-08-31 SC707006 frs-core:ShareCapital 2024-08-31 SC707006 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC707006 frs-core:CurrentFinancialInstruments 1 2024-08-31 SC707006 frs-core:CurrentFinancialInstruments 2 2024-08-31
Registered number: SC707006
Paula Obrien Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC707006
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 36,384 45,808
36,384 45,808
CURRENT ASSETS
Debtors 5 23,271 16,441
Cash at bank and in hand 1,499 -
24,770 16,441
Creditors: Amounts Falling Due Within One Year 6 (57,486 ) (50,415 )
NET CURRENT ASSETS (LIABILITIES) (32,716 ) (33,974 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,668 11,834
Creditors: Amounts Falling Due After More Than One Year 7 (69,141 ) (36,278 )
NET LIABILITIES (65,473 ) (24,444 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (65,573 ) (24,544 )
SHAREHOLDERS' FUNDS (65,473) (24,444)
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Page 2
For the year ending 31 August 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 Jessica Clark
Director
7 May 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Paula Obrien Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC707006 . The registered office is 73 Dunnikier Road, Kirkcaldy, KY1 2RL.
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:
Motor Vehicles 20% Reducing Balance
Computer Equipment 33% Straight Line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 7)
6 7
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4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 September 2024 73,417 3,712 77,129
Additions - 791 791
As at 31 August 2025 73,417 4,503 77,920
Depreciation
As at 1 September 2024 28,926 2,395 31,321
Provided during the period 8,898 1,317 10,215
As at 31 August 2025 37,824 3,712 41,536
Net Book Value
As at 31 August 2025 35,593 791 36,384
As at 1 September 2024 44,491 1,317 45,808
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 12,000 5,000
Directors' loan accounts 11,271 11,441
23,271 16,441
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 12,271 12,275
Trade creditors 551 1,556
Bank loans and overdrafts - 3,037
Corporation tax - 876
Other taxes and social security 6,115 7,474
VAT 3,722 4,092
Pension creditor - 180
Other creditor 20,687 20,695
...CONTINUED
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Attachments creditor 497 -
Accruals and deferred income 229 230
Directors' loan accounts 13,414 -
57,486 50,415
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 24,012 36,278
Bank loans 25,000 -
Other loans 20,129 -
69,141 36,278
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 12,271 12,275
Later than one year and not later than five years 24,012 36,278
36,283 48,553
36,283 48,553
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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