Acorah Software Products - Accounts Production 19.2.450 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 05716282 Jeffery Andrews Victoria Andrews iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05716282 2025-01-31 05716282 2026-01-31 05716282 2025-02-01 2026-01-31 05716282 frs-core:CurrentFinancialInstruments 2026-01-31 05716282 frs-core:Non-currentFinancialInstruments 2026-01-31 05716282 frs-core:BetweenOneFiveYears 2026-01-31 05716282 frs-core:NetGoodwill 2026-01-31 05716282 frs-core:NetGoodwill 2025-02-01 2026-01-31 05716282 frs-core:NetGoodwill 2025-01-31 05716282 frs-core:MotorVehicles 2026-01-31 05716282 frs-core:MotorVehicles 2025-02-01 2026-01-31 05716282 frs-core:MotorVehicles 2025-01-31 05716282 frs-core:WithinOneYear 2026-01-31 05716282 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 05716282 frs-bus:CompanyLimitedByGuarantee 2025-02-01 2026-01-31 05716282 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 05716282 frs-bus:SmallEntities 2025-02-01 2026-01-31 05716282 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 05716282 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 05716282 frs-bus:Director1 2025-02-01 2026-01-31 05716282 frs-bus:CompanySecretary1 2025-02-01 2026-01-31 05716282 frs-countries:EnglandWales 2025-02-01 2026-01-31 05716282 2024-01-31 05716282 2025-01-31 05716282 2024-02-01 2025-01-31 05716282 frs-core:CurrentFinancialInstruments 2025-01-31 05716282 frs-core:Non-currentFinancialInstruments 2025-01-31 05716282 frs-core:BetweenOneFiveYears 2025-01-31 05716282 frs-core:WithinOneYear 2025-01-31 05716282 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 05716282
Pickled Image Theatre Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Godfrey Wilson Limited
2nd Floor South
One Castle Park
Tower Hill
Bristol
BS2 0JA
Pickled Image Theatre Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Pickled Image Theatre Limited
Balance Sheet
As At 31 January 2026
Balance Sheet
Registered number: 05716282

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 12,168 |  | 16,225
|  |  | 12,168 |  | 16,225
CURRENT ASSETS
Debtors | 6 | 17,860 |  | 14,322 |
Cash at bank and in hand |  | 17,413 |  | 37,055 |
|  | 35,273 |  | 51,377 |
Creditors: Amounts Falling Due Within One Year | 7 | (5,962 ) |  | (6,806 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 29,311 |  | 44,571
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 41,479 |  | 60,796
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (2,463 ) |  | (4,573 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (1,831 ) |  | -
NET ASSETS |  |  | 37,185 |  | 56,223
Income and Expenditure Account |  |  | 37,185 |  | 56,223
MEMBERS' FUNDS |  |  | 37,185 |  | 56,223

Page 1
Page 2
Pickled Image Theatre Limited
Balance Sheet (continued)
As At 31 January 2026
For the year ending 31 January 2026 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 Income and Expenditure Account.
On behalf of the board

Jeffery Andrews Director
23/06/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Pickled Image Theatre Limited
Notes to the Financial Statements
For The Year Ended 31 January 2026
Notes to the Financial Statements
1. General Information
Pickled Image Theatre Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 05716282 . The registered office is Unit 18 Hanover Place, Bristol, BS1 6UT.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to income and expenditure account over its estimated economic life of five years.
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:

Motor Vehicles | 25 % reducing balance

Page 3
Page 4
Pickled Image Theatre Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
2.5. 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 and expenditure 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 income and expenditure account as incurred.
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 surplus for the year. Taxable surplus differs from surplus 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 surplus. 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 surplus 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 surplus 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 surplus or deficit 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
Page 4
Page 5
Pickled Image Theatre Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 February 2025 | 33,701
As at 31 January 2026 | 33,701
Amortisation
As at 1 February 2025 | 33,701
As at 31 January 2026 | 33,701
Net Book Value
As at 31 January 2026 | -
As at 1 February 2025 | -

5. Tangible Assets

| Motor Vehicles
--- | ---
| £
Cost
As at 1 February 2025 | 28,844
As at 31 January 2026 | 28,844
Depreciation
As at 1 February 2025 | 12,619
Provided during the period | 4,057
As at 31 January 2026 | 16,676
Net Book Value
As at 31 January 2026 | 12,168
As at 1 February 2025 | 16,225

6. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 1,249 |  | 931
Pickled Image Ltd Intercompany | 16,611 |  | 13,391
| 17,860 |  | 14,322

Page 5
Page 6
Pickled Image Theatre Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
7. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 2,111 |  | 2,111
Accruals and deferred income | 3,851 |  | 4,695
| 5,962 |  | 6,806

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

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 2,463 |  | 4,573

Included within net obligations under finance leases and hire purchase contracts is a hire purchase agreement to fund the purchase of a van. The loan commenced in April 2023 and is for a period of five years. Interest is charged at 6.3% per annum.
9. Obligations Under Finance Leases and Hire Purchase

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 2,111 |  | 2,111
Later than one year and not later than five years | 2,463 |  | 4,573
| 4,574 |  | 6,684
| 4,574 |  | 6,684

10. Related Party Transactions
The company secretary, Victoria Andrews, of Pickled Image Theatre Limited is also the director and 100% owner of Pickled Image Ltd (company number 05346841). At 31 January 2026, Pickled Image Theatre Limited is owed £16,611 from Pickled Image Ltd (2025: £13,391).
11. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 6