Acorah Software Products - Accounts Production 15.0.500 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 05250894 Mr Martin Dawson Mr JTB Fielding iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05250894 2022-10-31 05250894 2023-10-31 05250894 2022-11-01 2023-10-31 05250894 frs-core:CurrentFinancialInstruments 2023-10-31 05250894 frs-core:FurnitureFittings 2023-10-31 05250894 frs-core:FurnitureFittings 2022-11-01 2023-10-31 05250894 frs-core:FurnitureFittings 2022-10-31 05250894 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-31 05250894 frs-core:InvestmentPropertyIncludedWithinPPE 2022-10-31 05250894 frs-core:ShareCapital 2023-10-31 05250894 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 05250894 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05250894 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 05250894 frs-bus:SmallEntities 2022-11-01 2023-10-31 05250894 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 05250894 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 05250894 frs-core:ListedExchangeTraded 2023-10-31 05250894 frs-core:ListedExchangeTraded 2022-10-31 05250894 frs-core:CostValuation frs-core:ListedExchangeTraded 2022-10-31 05250894 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2023-10-31 05250894 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2023-10-31 05250894 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-10-31 05250894 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2022-10-31 05250894 frs-core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-10-31 05250894 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-10-31 05250894 frs-bus:Director1 2022-11-01 2023-10-31 05250894 frs-bus:CompanySecretary1 2022-11-01 2023-10-31 05250894 frs-countries:EnglandWales 2022-11-01 2023-10-31 05250894 2021-10-31 05250894 2022-10-31 05250894 2021-11-01 2022-10-31 05250894 frs-core:CurrentFinancialInstruments 2022-10-31 05250894 frs-core:ShareCapital 2022-10-31 05250894 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 05250894
SBT Successors Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
The Tax Emporium Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05250894
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 65,620 65,648
Investments 5 1,299,051 1,453,349
1,364,671 1,518,997
CURRENT ASSETS
Investments (2,500 ) -
Cash at bank and in hand 85,252 77,432
82,752 77,432
Creditors: Amounts Falling Due Within One Year 6 (7,229 ) (9,330 )
NET CURRENT ASSETS (LIABILITIES) 75,523 68,102
TOTAL ASSETS LESS CURRENT LIABILITIES 1,440,194 1,587,099
NET ASSETS 1,440,194 1,587,099
CAPITAL AND RESERVES
Called up share capital 7 581,501 581,501
Profit and Loss Account 858,693 1,005,598
SHAREHOLDERS' FUNDS 1,440,194 1,587,099
Page 1
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 Profit and Loss Account.
On behalf of the board
Mr Martin Dawson
Director
26/07/2024
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
SBT Successors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05250894 . The registered office is 6 New Barn, Delph, Oldham, Lancashire, OL3 5TN.
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 rental income received or receivable.

Other income
Other income includes income received from listed investments held.
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:
Fixtures & Fittings 20%
Listed investments have been included at the original cost less a provision for the decrease in value at the balance sheet date.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in the profit and loss account.
2.5. 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 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: NIL (2022: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2022 96,500 140 96,640
As at 31 October 2023 96,500 140 96,640
Depreciation
As at 1 November 2022 30,880 112 30,992
Provided during the period - 28 28
As at 31 October 2023 30,880 140 31,020
Net Book Value
As at 31 October 2023 65,620 - 65,620
As at 1 November 2022 65,620 28 65,648
5. Investments
Listed
£
Cost
As at 1 November 2022 1,617,860
Additions 298,714
Disposals (481,981 )
As at 31 October 2023 1,434,593
Provision
As at 1 November 2022 164,511
Added in period (28,969 )
As at 31 October 2023 135,542
Net Book Value
As at 31 October 2023 1,299,051
As at 1 November 2022 1,453,349
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 1,888 3,989
Director's loan account 5,341 5,341
7,229 9,330
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 581,501 581,501
Page 4