Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04957094 Mr Brian Collins Mrs Jeanette Collins Mr Brian Collins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04957094 2024-03-31 04957094 2025-03-31 04957094 2024-04-01 2025-03-31 04957094 frs-core:CurrentFinancialInstruments 2025-03-31 04957094 frs-core:Non-currentFinancialInstruments 2025-03-31 04957094 frs-core:BetweenOneFiveYears 2025-03-31 04957094 frs-core:ComputerEquipment 2025-03-31 04957094 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04957094 frs-core:ComputerEquipment 2024-03-31 04957094 frs-core:NetGoodwill 2025-03-31 04957094 frs-core:NetGoodwill 2024-04-01 2025-03-31 04957094 frs-core:NetGoodwill 2024-03-31 04957094 frs-core:MotorVehicles 2025-03-31 04957094 frs-core:MotorVehicles 2024-04-01 2025-03-31 04957094 frs-core:MotorVehicles 2024-03-31 04957094 frs-core:PlantMachinery 2025-03-31 04957094 frs-core:PlantMachinery 2024-04-01 2025-03-31 04957094 frs-core:PlantMachinery 2024-03-31 04957094 frs-core:WithinOneYear 2025-03-31 04957094 frs-core:ShareCapital 2025-03-31 04957094 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04957094 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04957094 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04957094 frs-bus:SmallEntities 2024-04-01 2025-03-31 04957094 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04957094 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04957094 frs-core:DeferredTaxation 2024-04-01 2025-03-31 04957094 frs-core:DeferredTaxation 2024-03-31 04957094 frs-core:DeferredTaxation 2025-03-31 04957094 frs-bus:Director1 2024-04-01 2025-03-31 04957094 frs-bus:Director1 2024-03-31 04957094 frs-bus:Director1 2025-03-31 04957094 frs-bus:Director2 2024-04-01 2025-03-31 04957094 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04957094 frs-countries:EnglandWales 2024-04-01 2025-03-31 04957094 2023-03-31 04957094 2024-03-31 04957094 2023-04-01 2024-03-31 04957094 frs-core:CurrentFinancialInstruments 2024-03-31 04957094 frs-core:Non-currentFinancialInstruments 2024-03-31 04957094 frs-core:BetweenOneFiveYears 2024-03-31 04957094 frs-core:WithinOneYear 2024-03-31 04957094 frs-core:ShareCapital 2024-03-31 04957094 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04957094
Playsound Services Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Verve Accountancy Limited
107 – 109 Towngate
Leyland
Lancashire
PR25 2LQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 04957094
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 110,142 118,503
110,142 118,503
CURRENT ASSETS
Stocks 6 39,120 30,370
Debtors 7 514,740 519,821
Cash at bank and in hand 475,204 211,389
1,029,064 761,580
Creditors: Amounts Falling Due Within One Year 8 (590,102 ) (425,169 )
NET CURRENT ASSETS (LIABILITIES) 438,962 336,411
TOTAL ASSETS LESS CURRENT LIABILITIES 549,104 454,914
Creditors: Amounts Falling Due After More Than One Year 9 (40,711 ) (67,862 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 11 (16,432 ) (17,813 )
NET ASSETS 491,961 369,239
CAPITAL AND RESERVES
Called up share capital 13 100 100
Profit and Loss Account 491,861 369,139
SHAREHOLDERS' FUNDS 491,961 369,239
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For the year ending 31 March 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
Mr Brian Collins
Director
11th November 2025
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
Playsound Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04957094 . The registered office is Unit 3 Paxton Place, Skelmersdale, WN8 9QH.
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:
Plant & Machinery 20%
Motor Vehicles 20%
Computer Equipment 20%
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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 profit and loss account 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 profit and loss account 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 22 (2024: 19)
22 19
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4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 105,180
As at 31 March 2025 105,180
Amortisation
As at 1 April 2024 105,180
As at 31 March 2025 105,180
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 56,516 184,440 23,179 264,135
Additions 12,156 19,950 1,291 33,397
Disposals (23,628 ) - (12,028 ) (35,656 )
As at 31 March 2025 45,044 204,390 12,442 261,876
Depreciation
As at 1 April 2024 48,490 79,497 17,645 145,632
Provided during the period 5,094 34,821 1,843 41,758
Disposals (23,628 ) - (12,028 ) (35,656 )
As at 31 March 2025 29,956 114,318 7,460 151,734
Net Book Value
As at 31 March 2025 15,088 90,072 4,982 110,142
As at 1 April 2024 8,026 104,943 5,534 118,503
6. Stocks
2025 2024
£ £
Materials 16,120 11,976
Work in progress 23,000 18,394
39,120 30,370
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 299,295 262,352
Other debtors 215,445 257,469
514,740 519,821
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 31,509 31,020
Trade creditors 155,089 163,885
Bank loans and overdrafts 9,703 9,703
Other creditors 191,886 90,927
Taxation and social security 201,915 129,634
590,102 425,169
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 38,205 55,161
Bank loans 2,506 12,701
40,711 67,862
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 31,509 31,020
Later than one year and not later than five years 38,205 55,161
69,714 86,181
69,714 86,181
11. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 16,432 17,813
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12. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 April 2024 17,813 17,813
Utilised (1,381 ) (1,381)
Balance at 31 March 2025 16,432 16,432
13. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
14. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Brian Collins 218,652 249,587 264,724 - 203,515
The above loan is unsecured, interest free and repayable on demand and is paid back within 9 months.
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