Acorah Software Products - Accounts Production 15.0.400 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 SC333924 Mr Eric Liddiard Ms Lynne Liddiard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC333924 2022-11-30 SC333924 2023-11-30 SC333924 2022-12-01 2023-11-30 SC333924 frs-core:CurrentFinancialInstruments 2023-11-30 SC333924 frs-core:ComputerEquipment 2023-11-30 SC333924 frs-core:ComputerEquipment 2022-12-01 2023-11-30 SC333924 frs-core:ComputerEquipment 2022-11-30 SC333924 frs-core:FurnitureFittings 2023-11-30 SC333924 frs-core:FurnitureFittings 2022-12-01 2023-11-30 SC333924 frs-core:FurnitureFittings 2022-11-30 SC333924 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 SC333924 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 SC333924 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 SC333924 frs-core:MotorVehicles 2023-11-30 SC333924 frs-core:MotorVehicles 2022-12-01 2023-11-30 SC333924 frs-core:MotorVehicles 2022-11-30 SC333924 frs-core:PlantMachinery 2023-11-30 SC333924 frs-core:PlantMachinery 2022-12-01 2023-11-30 SC333924 frs-core:PlantMachinery 2022-11-30 SC333924 frs-core:ShareCapital 2023-11-30 SC333924 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC333924 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC333924 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 SC333924 frs-bus:SmallEntities 2022-12-01 2023-11-30 SC333924 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC333924 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 SC333924 frs-core:DeferredTaxation 2022-12-01 2023-11-30 SC333924 frs-core:DeferredTaxation 2022-11-30 SC333924 frs-core:DeferredTaxation 2023-11-30 SC333924 frs-bus:Director1 2022-12-01 2023-11-30 SC333924 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 SC333924 frs-core:CurrentFinancialInstruments 1 2023-11-30 SC333924 frs-countries:Scotland 2022-12-01 2023-11-30 SC333924 2021-11-30 SC333924 2022-11-30 SC333924 2021-12-01 2022-11-30 SC333924 frs-core:CurrentFinancialInstruments 2022-11-30 SC333924 frs-core:ShareCapital 2022-11-30 SC333924 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 SC333924 frs-core:CurrentFinancialInstruments 1 2022-11-30
Registered number: SC333924
Total Carpet Tile (Tct) Solutions Ltd.
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC333924
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 370,862 378,370
370,862 378,370
CURRENT ASSETS
Stocks 5 153,575 109,106
Debtors 6 355,495 261,828
Cash at bank and in hand 195,599 200,016
704,669 570,950
Creditors: Amounts Falling Due Within One Year 7 (511,478 ) (340,208 )
NET CURRENT ASSETS (LIABILITIES) 193,191 230,742
TOTAL ASSETS LESS CURRENT LIABILITIES 564,053 609,112
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,082 ) (17,254 )
NET ASSETS 548,971 591,858
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 548,771 591,658
SHAREHOLDERS' FUNDS 548,971 591,858
Page 1
Page 2
For the year ending 30 November 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 Eric Liddiard
Director
25/07/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Total Carpet Tile (Tct) Solutions Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC333924 . The registered office is 2nd Floor (East) Bellgrave Court, Rosehall Road, Bellshill, ML4 3NR.
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, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold 5% on cost
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 20% on reducing balance
Computer Equipment 25% on reducing balance
Tangible assets are initially recognised at cost which is the purchase price plus any directly attributable costs.
Subsequently tangible assets are measured at cost less accumulated depreciation and impairment losses.
2.4. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
2.6. Financial Instruments
The company only has basic financial instruments.

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.8. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 2)
3 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 December 2022 367,290 7,598 167,179 15,642
Additions - - 43,319 -
Disposals - - (13,995 ) -
As at 30 November 2023 367,290 7,598 196,503 15,642
Depreciation
As at 1 December 2022 75,190 6,635 85,903 12,199
Provided during the period 18,365 241 27,049 689
Disposals - - (9,659 ) -
As at 30 November 2023 93,555 6,876 103,293 12,888
Net Book Value
As at 30 November 2023 273,735 722 93,210 2,754
As at 1 December 2022 292,100 963 81,276 3,443
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Computer Equipment Total
£ £
Cost
As at 1 December 2022 3,500 561,209
Additions - 43,319
Disposals - (13,995 )
As at 30 November 2023 3,500 590,533
Depreciation
As at 1 December 2022 2,912 182,839
Provided during the period 147 46,491
Disposals - (9,659 )
As at 30 November 2023 3,059 219,671
Net Book Value
As at 30 November 2023 441 370,862
As at 1 December 2022 588 378,370
5. Stocks
2023 2022
£ £
Materials 125,582 94,693
Work in progress 27,993 14,413
153,575 109,106
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 349,489 260,944
Other debtors 500 500
Retentions 5,506 384
355,495 261,828
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 141,839 85,871
Corporation tax 8,748 15,193
VAT 41,789 43,659
Accruals and deferred income - 2,667
Director's loan account 319,102 192,818
511,478 340,208
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8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 December 2022 17,254 17,254
Deferred taxation (2,172 ) (2,172 )
Balance at 30 November 2023 15,082 15,082
The deferred tax provision relates to capital allowances claimed in advance of depreciation.
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 200 200
Page 6