Acorah Software Products - Accounts Production 19.3.550 false true 30 October 2024 31 October 2023 false 31 October 2024 30 October 2025 30 October 2025 08756182 Mr Carl Davies Mrs Mandy Holmes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08756182 2024-10-30 08756182 2025-10-30 08756182 2024-10-31 2025-10-30 08756182 frs-core:Non-currentFinancialInstruments 2025-10-30 08756182 frs-core:BetweenOneFiveYears 2025-10-30 08756182 frs-core:ComputerEquipment 2024-10-31 2025-10-30 08756182 frs-core:FurnitureFittings 2024-10-31 2025-10-30 08756182 frs-core:MotorVehicles 2024-10-31 2025-10-30 08756182 frs-core:WithinOneYear 2025-10-30 08756182 frs-core:RevaluationReserve 2025-10-30 08756182 frs-core:ShareCapital 2025-10-30 08756182 frs-core:RetainedEarningsAccumulatedLosses 2025-10-30 08756182 frs-bus:PrivateLimitedCompanyLtd 2024-10-31 2025-10-30 08756182 frs-bus:AbridgedAccounts 2024-10-31 2025-10-30 08756182 frs-bus:SmallEntities 2024-10-31 2025-10-30 08756182 frs-bus:AuditExempt-NoAccountantsReport 2024-10-31 2025-10-30 08756182 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-31 2025-10-30 08756182 frs-core:CostValuation 2024-10-30 08756182 frs-core:CostValuation 2025-10-30 08756182 frs-bus:Director1 2024-10-31 2025-10-30 08756182 frs-bus:CompanySecretary1 2024-10-31 2025-10-30 08756182 frs-countries:EnglandWales 2024-10-31 2025-10-30 08756182 2023-10-30 08756182 2024-10-30 08756182 2023-10-31 2024-10-30 08756182 frs-core:Non-currentFinancialInstruments 2024-10-30 08756182 frs-core:BetweenOneFiveYears 2024-10-30 08756182 frs-core:WithinOneYear 2024-10-30 08756182 frs-core:RevaluationReserve 2024-10-30 08756182 frs-core:ShareCapital 2024-10-30 08756182 frs-core:RetainedEarningsAccumulatedLosses 2024-10-30
Registered number: 08756182
Perfect Agile Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 October 2025
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—6
Page 1
Abridged Balance Sheet
Registered number: 08756182
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 156,816 194,273
Investment Properties 5 250,000 179,769
Investments 6 104,650 104,650
511,466 478,692
CURRENT ASSETS
Debtors 8,955 73,373
Cash at bank and in hand 20,093 13,942
29,048 87,315
Creditors: Amounts Falling Due Within One Year (33,524 ) (66,924 )
NET CURRENT ASSETS (LIABILITIES) (4,476 ) 20,391
TOTAL ASSETS LESS CURRENT LIABILITIES 506,990 499,083
Creditors: Amounts Falling Due After More Than One Year (42,077 ) (53,662 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (17,558 ) (37,318 )
NET ASSETS 447,355 408,103
CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 52,673 -
Profit and Loss Account 394,582 408,003
SHAREHOLDERS' FUNDS 447,355 408,103
Page 1
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For the year ending 30 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 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 Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 October 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Carl Davies
Director
23/07/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Perfect Agile Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08756182 . The registered office is 7 Mallard Way, , Morley, , Leeds, West Yorkshire,, LS27 8EY.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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% RB
Fixtures & Fittings 25% RB
Computer Equipment 20% RB
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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 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.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Total
£
Cost or Valuation
As at 31 October 2024 338,828
Additions 65,621
Disposals (131,968 )
As at 30 October 2025 272,481
Depreciation
As at 31 October 2024 144,555
Provided during the period 45,652
Disposals (74,542 )
As at 30 October 2025 115,665
Net Book Value
As at 30 October 2025 156,816
As at 31 October 2024 194,273
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5. Investment Property
2025
£
Fair Value
As at 31 October 2024 179,769
Revaluations 70,231
As at 30 October 2025 250,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 179,769 179,769
6. Investments
Total
£
Cost or Valuation
As at 31 October 2024 104,650
As at 30 October 2025 104,650
Provision
As at 31 October 2024 -
As at 30 October 2025 -
Net Book Value
As at 30 October 2025 104,650
As at 31 October 2024 104,650
7. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 24,746 31,495
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,749 6,749
Later than one year and not later than five years 17,997 24,746
24,746 31,495
24,746 31,495
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9. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 17,558 37,318
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. 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. At the balance sheet date unpaid contributions is Nil (2024: £3,982) were due to the fund. They are included in Other Creditors.
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