Acorah Software Products - Accounts Production 19.3.550 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 12461747 Mr Baldish Singh Dhillon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12461747 2025-02-28 12461747 2026-02-28 12461747 2025-03-01 2026-02-28 12461747 frs-core:CurrentFinancialInstruments 2026-02-28 12461747 frs-core:Non-currentFinancialInstruments 2026-02-28 12461747 frs-core:ComputerEquipment 2026-02-28 12461747 frs-core:ComputerEquipment 2025-03-01 2026-02-28 12461747 frs-core:ComputerEquipment 2025-02-28 12461747 frs-core:FurnitureFittings 2026-02-28 12461747 frs-core:FurnitureFittings 2025-03-01 2026-02-28 12461747 frs-core:FurnitureFittings 2025-02-28 12461747 frs-core:MotorVehicles 2026-02-28 12461747 frs-core:MotorVehicles 2025-03-01 2026-02-28 12461747 frs-core:MotorVehicles 2025-02-28 12461747 frs-core:ShareCapital 2026-02-28 12461747 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 12461747 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 12461747 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 12461747 frs-bus:SmallEntities 2025-03-01 2026-02-28 12461747 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 12461747 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 12461747 frs-bus:Director1 2025-03-01 2026-02-28 12461747 frs-countries:EnglandWales 2025-03-01 2026-02-28 12461747 2024-02-29 12461747 2025-02-28 12461747 2024-03-01 2025-02-28 12461747 frs-core:CurrentFinancialInstruments 2025-02-28 12461747 frs-core:Non-currentFinancialInstruments 2025-02-28 12461747 frs-core:ShareCapital 2025-02-28 12461747 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 12461747 frs-core:CurrentFinancialInstruments 2 2025-02-28
Registered number: 12461747
PMSE London Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12461747
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 37,318 23,168
37,318 23,168
CURRENT ASSETS
Debtors 5 445,725 170,269
Cash at bank and in hand 351,783 64,537
797,508 234,806
Creditors: Amounts Falling Due Within One Year 6 (820,186 ) (918,440 )
NET CURRENT ASSETS (LIABILITIES) (22,678 ) (683,634 )
TOTAL ASSETS LESS CURRENT LIABILITIES 14,640 (660,466 )
Creditors: Amounts Falling Due After More Than One Year 7 - (2,869 )
NET ASSETS/(LIABILITIES) 14,640 (663,335 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 14,540 (663,435 )
SHAREHOLDERS' FUNDS 14,640 (663,335)
Page 1
Page 2
For the year ending 28 February 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 Profit and Loss Account.
On behalf of the board
Mr Baldish Singh Dhillon
Director
18 November 2025
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
PMSE London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12461747 . The registered office is Unit 26, Sarum Complex Salisbury Road, Uxbridge, Hillingdon, England, UB8 2RZ.
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 25.00% WDV
Fixtures & Fittings 25.00% WDV
Computer Equipment 33.33% Cost
2.4. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2025: 7)
7 7
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2025 45,280 - 6,767 52,047
Additions 22,860 4,365 666 27,891
Disposals (15,800 ) - - (15,800 )
As at 28 February 2026 52,340 4,365 7,433 64,138
Depreciation
As at 1 March 2025 24,595 - 4,284 28,879
Provided during the period 6,532 360 1,410 8,302
Disposals (10,361 ) - - (10,361 )
As at 28 February 2026 20,766 360 5,694 26,820
Net Book Value
As at 28 February 2026 31,574 4,005 1,739 37,318
As at 1 March 2025 20,685 - 2,483 23,168
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 9,653 101,242
Other debtors 5,675 3,900
Amounts owed by connected company (PMSE Holding Lt) 418,967 56,527
AMOUNTS OWED BY CONNECTED COMPANY (PMSE PROPERTY) 11,430 8,600
445,725 170,269
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 354,288 482,255
Bank loans and overdrafts 11,417 11,850
Other loans (1,588 ) 2,161
Corporation tax 50,868 (35 )
Other taxes and social security 5,765 5,678
VAT control account 329,009 121,990
Other creditors 25,745 31,745
Income In Advance - 195,978
Accruals - 5,000
Director's loan account 44,682 61,818
820,186 918,440
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7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bounce back loan b/fwd. - 2,869
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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