Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 12870963 Mr Michael Hallam Mrs Susan Hallam Mr Jonathan Martin Mr Julio Ramirez Mellado Mr Jacob Third Mr Benjamin Wood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12870963 2022-12-31 12870963 2023-12-31 12870963 2023-01-01 2023-12-31 12870963 frs-core:CurrentFinancialInstruments 2023-12-31 12870963 frs-core:Non-currentFinancialInstruments 2023-12-31 12870963 frs-core:SharePremium 2023-12-31 12870963 frs-core:ShareCapital 2023-12-31 12870963 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12870963 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12870963 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12870963 frs-bus:SmallEntities 2023-01-01 2023-12-31 12870963 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12870963 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12870963 frs-core:CostValuation 2022-12-31 12870963 frs-core:CostValuation 2023-12-31 12870963 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 12870963 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 12870963 frs-bus:Director1 2023-01-01 2023-12-31 12870963 frs-bus:Director2 2023-01-01 2023-12-31 12870963 frs-bus:Director3 2023-01-01 2023-12-31 12870963 frs-bus:Director4 2023-01-01 2023-12-31 12870963 frs-bus:Director5 2023-01-01 2023-12-31 12870963 frs-bus:Director6 2023-01-01 2023-12-31 12870963 1 2023-01-01 2023-12-31 12870963 frs-countries:EnglandWales 2023-01-01 2023-12-31 12870963 2021-12-31 12870963 2022-12-31 12870963 2022-01-01 2022-12-31 12870963 frs-core:CurrentFinancialInstruments 2022-12-31 12870963 frs-core:Non-currentFinancialInstruments 2022-12-31 12870963 frs-core:SharePremium 2022-12-31 12870963 frs-core:ShareCapital 2022-12-31 12870963 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 12870963 1 2022-01-01 2022-12-31
Registered number: 12870963
BTF Industries Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12870963
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 3 1,468,844 1,468,844
1,468,844 1,468,844
Creditors: Amounts Falling Due Within One Year 4 (809,412 ) (805,612 )
NET CURRENT ASSETS (LIABILITIES) (809,412 ) (805,612 )
TOTAL ASSETS LESS CURRENT LIABILITIES 659,432 663,232
Creditors: Amounts Falling Due After More Than One Year 5 (156,244 ) (156,244 )
NET ASSETS 503,188 506,988
CAPITAL AND RESERVES
Called up share capital 397,793 397,793
Share premium account 171,051 171,051
Profit and Loss Account (65,656 ) (61,856 )
SHAREHOLDERS' FUNDS 503,188 506,988
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Page 2
For the year ending 31 December 2023 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 Jacob Third
Director
19 August 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
1.3. 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 has not been recognised as it is not material to the financial statements. The directors will review this annually.
1.4. Investments
All investments are carried at cost. They are not revalued unless there is an active market in which a valuation cen be reliably determined.
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2. Average Number of Employees
2023 2022
Average number of employees, including directors, during the year 6 6
6 6
3. Investments
Subsidiaries
£
Cost
As at 1 January 2023 1,468,844
As at 31 December 2023 1,468,844
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 1,468,844
As at 1 January 2023 1,468,844
Clock Tower Digital Limited
The company holds 100% of the share capital in Clock Tower Digital Limited.
Profit for the year: £207.809
Capital and reserves: £1,019,815
4. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Amounts owed to group undertakings 802,969 539,169
Other creditors 6,443 266,443
809,412 805,612
5. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 156,244 156,244
156,244 156,244
6. Related Party Transactions
The amount due to the related party at the year end was £802,969 (2022 : £539,169)
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7. General Information
BTF Industries Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 12870963 . The registered office is The Clock Tower, Talbot Street, Nottingham, England, NG1 5GG.
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