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Registered number: 14187747
Paladin Experts Limited
Financial Statements
For The Year Ended 31 December 2025
Gravitate Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14187747
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 208 1,475
Tangible Assets 5 3,759 6,734
3,967 8,209
CURRENT ASSETS
Debtors 6 232,953 172,273
Cash at bank and in hand 55,999 32,907
288,952 205,180
Creditors: Amounts Falling Due Within One Year 7 (137,901 ) (164,318 )
NET CURRENT ASSETS (LIABILITIES) 151,051 40,862
TOTAL ASSETS LESS CURRENT LIABILITIES 155,018 49,071
PROVISIONS FOR LIABILITIES
Deferred Taxation (992 ) (2,052 )
NET ASSETS 154,026 47,019
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 153,926 46,919
SHAREHOLDERS' FUNDS 154,026 47,019
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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 Profit and Loss Account.
On behalf of the board
I Mackendrick
Director
S Farnfield
Director
15th July 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
Paladin Experts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14187747 . The registered office is Highfield Church Lane , Tibberton , Droitwich, Worcestershire, WR9 7NW.
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.
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 - Other Intangible
Other intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated imparement losses. 
All intangible assets are considered to have a finite useful life. If a reliable estimate of the usful life cannot be made, the useful life shall not exceed ten 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:
Fixtures & Fittings 33% Straight line
Computer Equipment 33% Straight line
2.5. Financial Instruments
Debtors and creditors with no stated interest rate, and repayable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit or loss account within overheads. 
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.
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2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Intangible Assets
Other
£
Cost
As at 1 January 2025 4,318
As at 31 December 2025 4,318
Amortisation
As at 1 January 2025 2,843
Provided during the period 1,267
As at 31 December 2025 4,110
Net Book Value
As at 31 December 2025 208
As at 1 January 2025 1,475
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2025 11,532
Additions 549
Disposals (91 )
As at 31 December 2025 11,990
Depreciation
As at 1 January 2025 4,798
Provided during the period 3,433
As at 31 December 2025 8,231
Net Book Value
As at 31 December 2025 3,759
As at 1 January 2025 6,734
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 230,223 164,540
Other debtors 2,730 800
Amounts owed by associates - 6,933
232,953 172,273
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 14,449 10,534
Taxation and social security 82,352 119,683
Other creditors 2,030 6,826
Amounts owed to group undertakings 39,070 27,275
137,901 164,318
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
The company has taken advantage of exemption conferred by FRS 102 S33,1A, removing the requirement to disclose transactions between group members.
As at 31 December 2025 amounts owed to group undertakings were £39,070 (2024: £27,275)
Outstanding balances with entities are unsecured, interest free and payable on demand.
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