Acorah Software Products - Accounts Production 19.3.550 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 05601885 Mrs Christine Hemmings Mr Christopher Hemmings Mrs Christine Hemmings iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05601885 2024-10-31 05601885 2025-10-31 05601885 2024-11-01 2025-10-31 05601885 frs-core:CurrentFinancialInstruments 2025-10-31 05601885 frs-core:ComputerEquipment 2025-10-31 05601885 frs-core:ComputerEquipment 2024-11-01 2025-10-31 05601885 frs-core:ComputerEquipment 2024-10-31 05601885 frs-core:FurnitureFittings 2025-10-31 05601885 frs-core:FurnitureFittings 2024-11-01 2025-10-31 05601885 frs-core:FurnitureFittings 2024-10-31 05601885 frs-core:MotorVehicles 2025-10-31 05601885 frs-core:MotorVehicles 2024-11-01 2025-10-31 05601885 frs-core:MotorVehicles 2024-10-31 05601885 frs-core:ShareCapital 2025-10-31 05601885 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 05601885 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 05601885 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 05601885 frs-bus:SmallEntities 2024-11-01 2025-10-31 05601885 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 05601885 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 05601885 frs-core:UnlistedNon-exchangeTraded 2025-10-31 05601885 frs-core:UnlistedNon-exchangeTraded 2024-10-31 05601885 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-10-31 05601885 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-10-31 05601885 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 05601885 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-10-31 05601885 frs-bus:Director1 2024-11-01 2025-10-31 05601885 frs-bus:Director2 2024-11-01 2025-10-31 05601885 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 05601885 frs-countries:EnglandWales 2024-11-01 2025-10-31 05601885 2023-10-31 05601885 2024-10-31 05601885 2023-11-01 2024-10-31 05601885 frs-core:CurrentFinancialInstruments 2024-10-31 05601885 frs-core:ShareCapital 2024-10-31 05601885 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 05601885
Penguin Internet Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05601885
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,354 13,366
Investments 5 1,800 1,800
12,154 15,166
CURRENT ASSETS
Stocks 6 2,890 2,115
Debtors 7 147 -
Cash at bank and in hand 2,183 2,754
5,220 4,869
Creditors: Amounts Falling Due Within One Year 8 (53,401 ) (46,253 )
NET CURRENT ASSETS (LIABILITIES) (48,181 ) (41,384 )
TOTAL ASSETS LESS CURRENT LIABILITIES (36,027 ) (26,218 )
NET LIABILITIES (36,027 ) (26,218 )
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (37,027 ) (27,218 )
SHAREHOLDERS' FUNDS (36,027) (26,218)
Page 1
Page 2
For the year ending 31 October 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 Christine Hemmings
Director
25 July 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Penguin Internet Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05601885 . The registered office is 733b Newport Road, Rumney, Cardiff, CF3 4FD.
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 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 4 4
4 4
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2024 30,208 2,547 19,183 51,938
Additions - - 416 416
As at 31 October 2025 30,208 2,547 19,599 52,354
Depreciation
As at 1 November 2024 21,248 2,398 14,926 38,572
Provided during the period 2,240 37 1,151 3,428
As at 31 October 2025 23,488 2,435 16,077 42,000
Net Book Value
As at 31 October 2025 6,720 112 3,522 10,354
As at 1 November 2024 8,960 149 4,257 13,366
5. Investments
Unlisted
£
Cost or Valuation
As at 1 November 2024 1,800
As at 31 October 2025 1,800
Provision
As at 1 November 2024 -
As at 31 October 2025 -
Net Book Value
As at 31 October 2025 1,800
As at 1 November 2024 1,800
6. Stocks
2025 2024
£ £
Materials 2,890 2,115
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 147 -
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 44,148 35,698
Taxation and social security 9,253 10,555
53,401 46,253
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
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