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 06149563 Richard Lowes Louise Wright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06149563 2024-03-31 06149563 2025-03-31 06149563 2024-04-01 2025-03-31 06149563 frs-core:CurrentFinancialInstruments 2025-03-31 06149563 frs-core:Non-currentFinancialInstruments 2025-03-31 06149563 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 06149563 frs-core:FurnitureFittings 2025-03-31 06149563 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06149563 frs-core:FurnitureFittings 2024-03-31 06149563 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 06149563 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06149563 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 06149563 frs-core:OtherResidualIntangibleAssets 2025-03-31 06149563 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 06149563 frs-core:OtherResidualIntangibleAssets 2024-03-31 06149563 frs-core:PlantMachinery 2025-03-31 06149563 frs-core:PlantMachinery 2024-04-01 2025-03-31 06149563 frs-core:PlantMachinery 2024-03-31 06149563 frs-core:WithinOneYear 2025-03-31 06149563 frs-core:CapitalRedemptionReserve 2025-03-31 06149563 frs-core:ShareCapital 2025-03-31 06149563 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06149563 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06149563 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06149563 frs-bus:SmallEntities 2024-04-01 2025-03-31 06149563 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06149563 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06149563 frs-bus:Director1 2024-04-01 2025-03-31 06149563 frs-bus:Director2 2024-04-01 2025-03-31 06149563 1 2024-04-01 2025-03-31 06149563 frs-countries:EnglandWales 2024-04-01 2025-03-31 06149563 2023-03-31 06149563 2024-03-31 06149563 2023-04-01 2024-03-31 06149563 frs-core:CurrentFinancialInstruments 2024-03-31 06149563 frs-core:Non-currentFinancialInstruments 2024-03-31 06149563 frs-core:WithinOneYear 2024-03-31 06149563 frs-core:CapitalRedemptionReserve 2024-03-31 06149563 frs-core:ShareCapital 2024-03-31 06149563 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06149563 1 2023-04-01 2024-03-31
Registered number: 06149563
Punch Creative Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 06149563
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,045 8,345
Tangible Assets 5 578,631 592,054
583,676 600,399
CURRENT ASSETS
Debtors 6 335,637 376,362
Cash at bank and in hand 248,962 166,344
584,599 542,706
Creditors: Amounts Falling Due Within One Year 7 (227,202 ) (241,702 )
NET CURRENT ASSETS (LIABILITIES) 357,397 301,004
TOTAL ASSETS LESS CURRENT LIABILITIES 941,073 901,403
Creditors: Amounts Falling Due After More Than One Year 8 (350,589 ) (301,121 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,000 ) (7,000 )
NET ASSETS 586,484 593,282
CAPITAL AND RESERVES
Called up share capital 307 307
Capital redemption reserve 1 1
Profit and Loss Account 586,176 592,974
SHAREHOLDERS' FUNDS 586,484 593,282
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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
Louise Wright
Director
26 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
Punch Creative Limited is a private company, limited by shares, incorporated in England & Wales. The registered company number is 06149563 . The registered office is Longwood Hall 60 Bradford Road, Stanningley, Pudsey, West Yorkshire, England, LS28 6DX.
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 value added taxes. Turnover includes revenue earned from the provision of services and is recogonised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are made up of software expenses. Software expenses are measured at cost and are amortised to the profit and loss account over the estimated economic life of five years using the straight line method.
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 Not depreciated
Plant and machinery 25% straight line
Fixtures and fittings 20% straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. 
Assets acquired under hire purchase contracts are depreciated over their useful lives.
Assets acquired under finance leases are depreciated over the shorter of the lease term and 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 profit and loss account as incurred.
2.6. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
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2.7. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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 
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 asset reflects 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.
2.9. 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
2025 2024
Average number of employees, including directors, during the year 22 26
22 26
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4. Intangible Assets
Software
£
Cost
As at 1 April 2024 16,500
As at 31 March 2025 16,500
Amortisation
As at 1 April 2024 8,155
Provided during the period 3,300
As at 31 March 2025 11,455
Net Book Value
As at 31 March 2025 5,045
As at 1 April 2024 8,345
5. Tangible Assets
Land & Property
Freehold Plant and machinery Fixtures and fittings Total
£ £ £ £
Cost
As at 1 April 2024 561,548 104,028 47,178 712,754
Disposals - - (421 ) (421 )
As at 31 March 2025 561,548 104,028 46,757 712,333
Depreciation
As at 1 April 2024 - 87,057 33,643 120,700
Provided during the period - 8,122 4,918 13,040
Disposals - - (38 ) (38 )
As at 31 March 2025 - 95,179 38,523 133,702
Net Book Value
As at 31 March 2025 561,548 8,849 8,234 578,631
As at 1 April 2024 561,548 16,971 13,535 592,054
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 150,249 187,123
Amounts owed by group undertakings 131,442 130,242
Other debtors 53,946 58,997
335,637 376,362
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 36,218 18,107
Bank loans and overdrafts 48,295 67,176
Other creditors 51,633 14,446
Taxation and social security 91,056 141,973
227,202 241,702
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 350,589 301,121
9. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 398,883 368,297
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 21,587 -
21,587 -
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11. Directors Advances, Credits and Guarantees
Included within Debtors are loans made to a director. The balance at the year end was £35,519 (2024 - £34,440)
The above loan is unsecured, interest has been charged at a rate of 2.25% and is repayable on demand.
12. Related Party Transactions
The total amount owed to a group undertaking is £131,442 (2024 :£130,242).
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