Acorah Software Products - Accounts Production 19.4.351 false true 30 April 2025 1 May 2024 false 1 May 2025 30 April 2026 30 April 2026 14443990 Mrs Joanne Powell Mr Timothy Powell Mr Robert Powell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14443990 2025-04-30 14443990 2026-04-30 14443990 2025-05-01 2026-04-30 14443990 frs-core:CurrentFinancialInstruments 2026-04-30 14443990 frs-core:ComputerEquipment 2026-04-30 14443990 frs-core:ComputerEquipment 2025-05-01 2026-04-30 14443990 frs-core:ComputerEquipment 2025-04-30 14443990 frs-core:NetGoodwill 2026-04-30 14443990 frs-core:NetGoodwill 2025-05-01 2026-04-30 14443990 frs-core:NetGoodwill 2025-04-30 14443990 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-05-01 2026-04-30 14443990 frs-core:MotorVehicles 2026-04-30 14443990 frs-core:MotorVehicles 2025-05-01 2026-04-30 14443990 frs-core:MotorVehicles 2025-04-30 14443990 frs-core:PlantMachinery 2026-04-30 14443990 frs-core:PlantMachinery 2025-05-01 2026-04-30 14443990 frs-core:PlantMachinery 2025-04-30 14443990 frs-core:ShareCapital 2026-04-30 14443990 frs-core:RetainedEarningsAccumulatedLosses 2026-04-30 14443990 frs-bus:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 14443990 frs-bus:FilletedAccounts 2025-05-01 2026-04-30 14443990 frs-bus:SmallEntities 2025-05-01 2026-04-30 14443990 frs-bus:AuditExempt-NoAccountantsReport 2025-05-01 2026-04-30 14443990 frs-bus:SmallCompaniesRegimeForAccounts 2025-05-01 2026-04-30 14443990 frs-bus:Director1 2025-05-01 2026-04-30 14443990 frs-bus:Director2 2025-05-01 2026-04-30 14443990 frs-bus:Director3 2025-05-01 2026-04-30 14443990 frs-countries:EnglandWales 2025-05-01 2026-04-30 14443990 2024-04-30 14443990 2025-04-30 14443990 2024-05-01 2025-04-30 14443990 frs-core:CurrentFinancialInstruments 2025-04-30 14443990 frs-core:ShareCapital 2025-04-30 14443990 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30
Registered number: 14443990
A E Prentice Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2026
Philip Deane Accountancy Ltd
Units 1 & 2 Field View
Baynards Green
Bicester
OX27 7SG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14443990
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 234,780 273,910
Tangible Assets 5 121,851 150,157
356,631 424,067
CURRENT ASSETS
Stocks 6 67,277 120,007
Debtors 7 49,313 73,645
Cash at bank and in hand 671,993 429,703
788,583 623,355
Creditors: Amounts Falling Due Within One Year 8 (738,052 ) (761,235 )
NET CURRENT ASSETS (LIABILITIES) 50,531 (137,880 )
TOTAL ASSETS LESS CURRENT LIABILITIES 407,162 286,187
NET ASSETS 407,162 286,187
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 407,062 286,087
SHAREHOLDERS' FUNDS 407,162 286,187
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Page 2
For the year ending 30 April 2026 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
Mrs Joanne Powell
Director
25/09/2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
A E Prentice Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14443990 . The registered office is Souldern Gate Garage, Souldern, Bicester, Oxfordshire, OX27 7HT.
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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... 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 .
Plant & Machinery 20% reducing balance
Motor Vehicles 20% reducing balance
Computer Equipment 20% 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.
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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: 5 (2025: 5)
5 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2025 391,300
As at 30 April 2026 391,300
Amortisation
As at 1 May 2025 117,390
Provided during the period 39,130
As at 30 April 2026 156,520
Net Book Value
As at 30 April 2026 234,780
As at 1 May 2025 273,910
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5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2025 43,401 176,901 2,773 223,075
Additions 2,157 - - 2,157
As at 30 April 2026 45,558 176,901 2,773 225,232
Depreciation
As at 1 May 2025 20,074 51,522 1,322 72,918
Provided during the period 5,097 25,076 290 30,463
As at 30 April 2026 25,171 76,598 1,612 103,381
Net Book Value
As at 30 April 2026 20,387 100,303 1,161 121,851
As at 1 May 2025 23,327 125,379 1,451 150,157
6. Stocks
2026 2025
£ £
Stock 67,277 120,007
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 11,341 13,053
Other debtors 11,053 -
Corporation tax recoverable assets - 26,960
VAT 26,919 33,632
49,313 73,645
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 41,139 122,720
Corporation tax 63,320 17
Accruals and deferred income 91,108 66,063
Directors' loan accounts 542,485 572,435
738,052 761,235
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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