Acorah Software Products - Accounts Production 14.5.601 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 08236455 Mr Gavin Bryant iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08236455 2022-10-31 08236455 2023-10-31 08236455 2022-11-01 2023-10-31 08236455 frs-core:CurrentFinancialInstruments 2023-10-31 08236455 frs-core:Non-currentFinancialInstruments 2023-10-31 08236455 frs-core:ComputerEquipment 2023-10-31 08236455 frs-core:ComputerEquipment 2022-11-01 2023-10-31 08236455 frs-core:ComputerEquipment 2022-10-31 08236455 frs-core:OtherReservesSubtotal 2023-10-31 08236455 frs-core:ShareCapital 2023-10-31 08236455 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 08236455 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08236455 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 08236455 frs-bus:SmallEntities 2022-11-01 2023-10-31 08236455 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 08236455 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 08236455 frs-bus:Director1 2022-11-01 2023-10-31 08236455 frs-bus:Director1 2022-10-31 08236455 frs-bus:Director1 2023-10-31 08236455 frs-core:CurrentFinancialInstruments 1 2023-10-31 08236455 frs-countries:EnglandWales 2022-11-01 2023-10-31 08236455 2021-10-31 08236455 2022-10-31 08236455 2021-11-01 2022-10-31 08236455 frs-core:CurrentFinancialInstruments 2022-10-31 08236455 frs-core:Non-currentFinancialInstruments 2022-10-31 08236455 frs-core:OtherReservesSubtotal 2022-10-31 08236455 frs-core:ShareCapital 2022-10-31 08236455 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 08236455 frs-core:CurrentFinancialInstruments 1 2022-10-31
Registered number: 08236455
Tss2 Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
TaxAssist Accountants
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 08236455
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,404 11,455
14,404 11,455
CURRENT ASSETS
Debtors 5 146,742 165,111
146,742 165,111
Creditors: Amounts Falling Due Within One Year 6 (67,292 ) (59,287 )
NET CURRENT ASSETS (LIABILITIES) 79,450 105,824
TOTAL ASSETS LESS CURRENT LIABILITIES 93,854 117,279
Creditors: Amounts Falling Due After More Than One Year 7 - (26,248 )
NET ASSETS 93,854 91,031
CAPITAL AND RESERVES
Called up share capital 8 2 2
Other reserves (10,925 ) (10,925 )
Income Statement 104,777 101,954
SHAREHOLDERS' FUNDS 93,854 91,031
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Page 2
For the year ending 31 October 2023 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 Income Statement.
On behalf of the board
Mr Gavin Bryant
Director
03/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Tss2 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08236455 . The registered office is 2 Bream Lane, Ellesmere Port, Cheshire, CH66 1UF.
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.
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:
Computer Equipment 20% RBM
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2022 23,374
Additions 6,550
As at 31 October 2023 29,924
Depreciation
As at 1 November 2022 11,919
Provided during the period 3,601
As at 31 October 2023 15,520
...CONTINUED
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Net Book Value
As at 31 October 2023 14,404
As at 1 November 2022 11,455
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,685 23,892
Other debtors 9,060 4,620
Other debtors (1) 21,952 31,026
Other taxes and social security 276 512
Director's loan account 113,769 105,061
146,742 165,111
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 565
Bank loans and overdrafts 29,171 30,413
Corporation tax 37,149 24,649
VAT 386 2,757
Accruals and deferred income 586 903
67,292 59,287
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans - 26,248
- 26,248
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2022 Amounts advanced Amounts repaid Amounts written off As at 31 October 2023
£ £ £ £ £
Mr Gavin Bryant 105,061 147,195 128,786 - 123,474
The above loan is unsecured, interest free and repayable on demand.
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