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Registered number: 06813294
PGE Landscaping Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Pinfields Limited Chartered Accountants
Meryll House
57 Worcester Road
Bromsgrove
Worcestershire
B61 7DN
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—7
Page 1
Statement of Financial Position
Registered number: 06813294
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 28,424 34,910
28,424 34,910
CURRENT ASSETS
Stocks 5 111,856 51,823
Debtors 6 933,241 975,052
Cash at bank and in hand 65,240 163,166
1,110,337 1,190,041
Creditors: Amounts Falling Due Within One Year 7 (1,132,525 ) (1,158,786 )
NET CURRENT ASSETS (LIABILITIES) (22,188 ) 31,255
TOTAL ASSETS LESS CURRENT LIABILITIES 6,236 66,165
Creditors: Amounts Falling Due After More Than One Year 8 - (48,634 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,285 ) -
NET ASSETS 1,951 17,531
CAPITAL AND RESERVES
Called up share capital 11 103 3
Income Statement 1,848 17,528
SHAREHOLDERS' FUNDS 1,951 17,531
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 Income Statement.
On behalf of the board
Mr N J Hodgkins
Director
30/07/2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PGE Landscaping Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06813294 . The registered office is Meryll House, 57 Worcester Road, Bromsgrove, Worcestershire, B61 7DN.
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. Going Concern Disclosure
The accounts have been prepared on the assumption that the company is able to carry on business as a
going concern, which the director considers appropriate having regard to the circumstances outlined in a
note to the account
2.3. 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.
2.4. 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:
Plant & Machinery at varying rates on cost
Motor Vehicles 25% on cost
Fixtures & Fittings at varying rates on cost
Computer Equipment 33% on cost
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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 income statement 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 income statement as incurred.
2.6. 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.
2.7. 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 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 42 (2024: 53)
42 53
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 November 2024 309,575
Additions 16,598
Disposals (179,441 )
As at 31 October 2025 146,732
Depreciation
As at 1 November 2024 274,665
Provided during the period 19,810
Disposals (176,167 )
As at 31 October 2025 118,308
Net Book Value
As at 31 October 2025 28,424
As at 1 November 2024 34,910
5. Stocks
2025 2024
£ £
Stock 64,856 51,823
Work in progress 47,000 -
111,856 51,823
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 605,774 648,772
Other debtors 327,467 326,280
933,241 975,052
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 3,884 7,255
Trade creditors 358,405 389,275
Bank loans and overdrafts 47,834 85,038
Other creditors 687,435 642,670
Taxation and social security 34,967 34,548
1,132,525 1,158,786
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 3,839
Bank loans - 44,795
- 48,634
9. Secured Creditors
Of the creditors the following amounts are secured.
The factoring amount due to HH Cashflow Finance Ltd is secured over the assets of the company
together with personal guarantees of the director.
The hire purchase contract liabilities are secured on the related assets.
There is a fixed and floating charge over the undertaking and all property and assets present and future,
including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery due to
HSBC UK Bank plc.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 3,884 11,094
Bank loans and overdrafts 47,834 129,833
Other Creditors 458,039 482,163
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10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,884 7,255
Later than one year and not later than five years - 3,839
3,884 11,094
3,884 11,094
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 103 3
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 3,869 3,775
Later than one year and not later than five years 5,117 10,498
8,986 14,273
13. GOING CONCERN
The company will continue to receive full support from its director. As a result the going concern basis of
accounting has been adopted.
Page 7