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Registered number: 12857267
Pulchra Homes Ltd
Financial Statements
For the Period 1 October 2024 to 30 November 2025
Gravitate Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 12857267
30 November 2025 30 September 2024
as restated
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 504 797
Tangible Assets 5 17,597 17,279
18,101 18,076
CURRENT ASSETS
Stocks 6 2,236,697 1,993,154
Debtors 7 23,490 75,841
Cash at bank and in hand 29,023 315,672
2,289,210 2,384,667
Creditors: Amounts Falling Due Within One Year 8 (1,822,914 ) (1,797,534 )
NET CURRENT ASSETS (LIABILITIES) 466,296 587,133
TOTAL ASSETS LESS CURRENT LIABILITIES 484,397 605,209
Creditors: Amounts Falling Due After More Than One Year 9 (458,622 ) (741,833 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (3,439 ) -
NET ASSETS/(LIABILITIES) 22,336 (136,624 )
CAPITAL AND RESERVES
Called up share capital 11 200 200
Profit and Loss Account 22,136 (136,824 )
SHAREHOLDERS' FUNDS 22,336 (136,624)
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For the period ending 30 November 2025 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 Profit and Loss Account.
On behalf of the board
L Hewitt
Director
16th July 2026
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Pulchra Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12857267 . The registered office is Superior House, Broombank Park, Chesterfield, Derbyshire, S41 9RT.
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 - Other Intangible
Other intangible assets are amortised to profit and loss account over its estimated economic life of 3 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:
Freehold 33% Reducing Balance
Motor Vehicles 33% Reducing Balance
Fixtures & Fittings 33% Reducing Balance
Computer Equipment 33% Reducing Balance
2.5. 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.
2.6. 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. 
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2.7. 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 period, 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.
2.8. 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 period was: 2 (2024: 2)
2 2
4. Intangible Assets
Other
£
Cost
As at 1 October 2024 2,050
As at 30 November 2025 2,050
Amortisation
As at 1 October 2024 1,253
Provided during the period 293
As at 30 November 2025 1,546
Net Book Value
As at 30 November 2025 504
As at 1 October 2024 797
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5. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2024 2,750 29,600 454 1,150 33,954
Additions - 21,495 - - 21,495
Disposals - (29,500 ) - - (29,500 )
As at 30 November 2025 2,750 21,595 454 1,150 25,949
Depreciation
As at 1 October 2024 958 14,893 295 529 16,675
Provided during the period 658 8,147 58 228 9,091
Disposals - (17,414 ) - - (17,414 )
As at 30 November 2025 1,616 5,626 353 757 8,352
Net Book Value
As at 30 November 2025 1,134 15,969 101 393 17,597
As at 1 October 2024 1,792 14,707 159 621 17,279
6. Stocks
30 November 2025 30 September 2024
as restated
£ £
Work in progress 2,236,697 1,993,154
7. Debtors
30 November 2025 30 September 2024
as restated
£ £
Due within one year
Prepayments and accrued income 12,895 15,453
Other debtors 5,779 4,912
VAT 4,816 55,476
23,490 75,841
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8. Creditors: Amounts Falling Due Within One Year
30 November 2025 30 September 2024
as restated
£ £
Trade creditors 114,255 300,208
Taxation and social security 5,811 13,430
Other creditors 1,702,848 1,483,896
1,822,914 1,797,534
9. Creditors: Amounts Falling Due After More Than One Year
30 November 2025 30 September 2024
as restated
£ £
Other creditors 458,622 741,833
10. Deferred Taxation
The provision for deferred tax is made up as follows:
30 November 2025 30 September 2024
as restated
£ £
Other timing differences 3,439 -
11. Share Capital
30 November 2025 30 September 2024
as restated
£ £
Allotted, Called up and fully paid 200 200
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2024 Amounts advanced Amounts repaid Amounts written off As at 30 November 2025
£ £ £ £ £
Mr Lyndon James Hewitt 4,913 7,389 (6,523 ) - 5,779
The above loan is unsecured, interest free and repayable on demand.
13. Related Party Transactions
Included in other debtors are amounts owed to related parties amounting to £5,779 (2024: £4,913). These amounts are interest free and repayable on demand.
Included within other creditors are loans from related parties amounting to £220,000 (2024:£220,000). These loans are unsecured, interest free and repayable on demand.
Included in other creditors are amounts owed to other related parties amounting to £1,474,597 (2024: £1,263,976). This loan is charged at 5% interest and is repayable on demand.
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14. Reporting Period Length
The reporting period is 1st October 2024 to 30th November 2025, a period of more than one year. Therefore, the comparative figures, including the associated notes are not directly comparable.
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