Acorah Software Products - Accounts Production 19.2.450 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 04362343 Mr P J Robinson Mrs V Robinson Mrs V Robinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04362343 2024-12-31 04362343 2025-12-31 04362343 2025-01-01 2025-12-31 04362343 frs-core:CurrentFinancialInstruments 2025-12-31 04362343 frs-core:Non-currentFinancialInstruments 2025-12-31 04362343 frs-core:BetweenOneFiveYears 2025-12-31 04362343 frs-core:ComputerEquipment 2025-12-31 04362343 frs-core:ComputerEquipment 2025-01-01 2025-12-31 04362343 frs-core:ComputerEquipment 2024-12-31 04362343 frs-core:FurnitureFittings 2025-12-31 04362343 frs-core:FurnitureFittings 2025-01-01 2025-12-31 04362343 frs-core:FurnitureFittings 2024-12-31 04362343 frs-core:MotorVehicles 2025-12-31 04362343 frs-core:MotorVehicles 2025-01-01 2025-12-31 04362343 frs-core:MotorVehicles 2024-12-31 04362343 frs-core:PlantMachinery 2025-12-31 04362343 frs-core:PlantMachinery 2025-01-01 2025-12-31 04362343 frs-core:PlantMachinery 2024-12-31 04362343 frs-core:WithinOneYear 2025-12-31 04362343 frs-core:ShareCapital 2025-12-31 04362343 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 04362343 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04362343 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 04362343 frs-bus:SmallEntities 2025-01-01 2025-12-31 04362343 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04362343 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04362343 frs-core:ProvisionsDeferredTax 2025-12-31 04362343 frs-bus:Director1 2025-01-01 2025-12-31 04362343 frs-bus:Director1 2024-12-31 04362343 frs-bus:Director1 2025-12-31 04362343 frs-bus:Director2 2025-01-01 2025-12-31 04362343 frs-bus:Director2 2024-12-31 04362343 frs-bus:Director2 2025-12-31 04362343 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 04362343 frs-core:CurrentFinancialInstruments 1 2025-12-31 04362343 frs-core:CurrentFinancialInstruments 2 2025-12-31 04362343 frs-core:CurrentFinancialInstruments 3 2025-12-31 04362343 frs-countries:EnglandWales 2025-01-01 2025-12-31 04362343 2023-12-31 04362343 2024-12-31 04362343 2024-01-01 2024-12-31 04362343 frs-core:CurrentFinancialInstruments 2024-12-31 04362343 frs-core:Non-currentFinancialInstruments 2024-12-31 04362343 frs-core:BetweenOneFiveYears 2024-12-31 04362343 frs-core:MotorVehicles 2024-01-01 2024-12-31 04362343 frs-core:PlantMachinery 2024-01-01 2024-12-31 04362343 frs-core:WithinOneYear 2024-12-31 04362343 frs-core:ShareCapital 2024-12-31 04362343 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04362343 frs-core:ProvisionsDeferredTax 2024-12-31 04362343 frs-core:CurrentFinancialInstruments 1 2024-12-31 04362343 frs-core:CurrentFinancialInstruments 2 2024-12-31 04362343 frs-core:CurrentFinancialInstruments 3 2024-12-31
Registered number: 04362343
Prizeimage Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Prizeimage Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Unaudited Financial Statements

Contents
| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—7

Page 1
Prizeimage Limited
Statement of Financial Position
As At 31 December 2025
Statement of Financial Position
Registered number: 04362343

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 3 |  | 320,455 |  | 261,705
|  |  | 320,455 |  | 261,705
CURRENT ASSETS
Debtors | 4 | 68,112 |  | 37,414 |
Cash at bank and in hand |  | 409,485 |  | 342,803 |
|  | 477,597 |  | 380,217 |
Creditors: Amounts Falling Due Within One Year | 5 | (452,560 ) |  | (312,507 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 25,037 |  | 67,710
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 345,492 |  | 329,415
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (197,488 ) |  | (147,720 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 8 |  | (65,385 ) |  | (65,426 )
NET ASSETS |  |  | 82,619 |  | 116,269
CAPITAL AND RESERVES
Called up share capital | 9 |  | 6 |  | 6
Income Statement |  |  | 82,613 |  | 116,263
SHAREHOLDERS' FUNDS |  |  | 82,619 |  | 116,269

Page 1
Page 2
Prizeimage Limited
Statement of Financial Position (continued)
As At 31 December 2025
For the year ending 31 December 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 Income Statement.
On behalf of the board

Mrs V Robinson Director
25/06/2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Prizeimage Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
These financial statements are prepared in accordance with the FRS 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 have been prepared under the historical cost convention.
The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
The principle accounting policies adopted are set below.
1.2. Going Concern Disclosure
The directors have considered the prospect of the business for the next twelve months and beyond and have arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The directors have also pledged their financial support to assist with this if required. On this basis, the directors will continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
1.4. 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:

Plant & Machinery | 10% Reducing balance
Motor Vehicles | 25% Reducing balance and hire purchase lease term
Fixtures & Fittings | 25% Reducing balance
Computer Equipment | 33.33% Straight line

Tangible assets are initially recorded at cost and subsequently stated at cost less accumulated depreciation and impairment losses.
1.5. 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 income statement 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 income statement as incurred.
1.6. Taxation
Taxation for the period comprises of current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it related 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 statement of financial position date.
Deferred Tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
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Prizeimage Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
1.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
1.8. 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, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
1.9. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.10. Critical Accounting Judgements and Key Sources of Estimation Uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the year end.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 15 (2024: 15)
15 15
3. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 January 2025 | 77,612 | 499,848 | 143,785 | 7,877 | 729,122
Additions | 81,007 | 81,578 | 6,004 | 1,290 | 169,879
As at 31 December 2025 | 158,619 | 581,426 | 149,789 | 9,167 | 899,001
Depreciation
As at 1 January 2025 | 23,667 | 347,174 | 92,413 | 4,163 | 467,417
Provided during the period | 13,495 | 71,714 | 22,864 | 3,056 | 111,129
As at 31 December 2025 | 37,162 | 418,888 | 115,277 | 7,219 | 578,546
Net Book Value
As at 31 December 2025 | 121,457 | 162,538 | 34,512 | 1,948 | 320,455
As at 1 January 2025 | 53,945 | 152,674 | 51,372 | 3,714 | 261,705

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Prizeimage Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Plant & Machinery | 66,322 |  | 48,691
Motor Vehicles | 140,567 |  | 113,306
| 206,889 |  | 161,997

4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 28,054 |  | 6,830
Other debtors | - |  | 30,584
Amounts owed by connected parties | 21,098 |  | -
Shareholder's loan account | 9,480 |  | -
Directors' loan accounts | 9,480 |  | -
| 68,112 |  | 37,414

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 37,203 |  | 28,657
Trade creditors | 202,241 |  | 20,692
Bank loans and overdrafts | 5,482 |  | 1,599
Corporation tax | 60,115 |  | -
Other taxes and social security | 15,556 |  | 9,391
VAT | 72,192 |  | 49,200
Other creditors | 4,354 |  | 8,438
Pension payable | 817 |  | -
Amounts owed to connected parties | 19,867 |  | 23,743
Accruals and deferred income | 34,733 |  | 170,607
Directors' loan accounts | - |  | 180
| 452,560 |  | 312,507

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 177,086 |  | 117,953
Bank loans | 20,402 |  | 29,767
| 197,488 |  | 147,720

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Page 6
Prizeimage Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
7. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The maturity of these amounts is as follows:
Within one year | 37,203 |  | 28,657
Between one and five years | 177,086 |  | 117,953
| 214,289 |  | 146,610
| 214,289 |  | 146,610

8. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Deferred Tax | 65,385 |  | 65,426

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 6 |  | 6

The nominal value per share is £1. As at year-end, there are 4 Ordinary shares, 1 Ordinary B share and 1 Ordinary C share in issue.
10. Pension Commitments
The company operates a defined contribution pension scheme for staff. The assets of the scheme are held separately from those of the company in an independently administered fund. At the statement of financial position date unpaid contributions of £817 were due to the fund. They are included in creditors and shown separately.
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 January 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 December 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr P J Robinson | 61,387 | 142,073 | (198,720 ) | - | 4,740
Mrs V Robinson | 61,387 | 142,170 | (198,816 ) | - | 4,740

The above loan will be repaid within 9 months of the year-end.
12. Dividends

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | 223,206 |  | 284,955
| 223,206 |  | 284,955

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Prizeimage Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
13. Related Party Transactions
As at the year-end, the directors' loan account balance of Mr P J Robinson, a director and shareholder of the company, is £4,740. This amount is a current asset, of which interest is charged at a rate of 2.25% per annum on any overdrawn balance in the year that is above £10,000. This outstanding amount will be repaid to the company within nine months of the year-end.
As at the year-end, the directors' loan account balance of Mrs V Robinson, a director and shareholder of the company, is £4,740. This amount is a current asset, of which interest is charged at a rate of 2.25% per annum on any overdrawn balance in the year that is above £10,000. This outstanding amount will be repaid to the company within nine months of the year-end.
As at the year-end, the balance owed by shareholders of the company totalled £9,480. This amount is a current asset, interest free and repayable on demand.
The amount owed by The Padel Country Club Ltd, a company related via common control and directorship, totalled £21,098 as at the year-end, which is a current asset, interest free and repayable on demand.
The amount owed to Essex Catering Equipment & Furniture Hire Ltd, a company related via common control and directorship, totalled £19,867 as at the year-end, which is a current liability, interest free and repayable on demand.
14. General Information
Prizeimage Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04362343 . The registered office is 167-169 Great Portland Street, London, Greater London,, England, W1W 5PF.
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