Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 12630344 Mr Paul Scott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12630344 2023-05-31 12630344 2024-05-31 12630344 2023-06-01 2024-05-31 12630344 frs-core:CurrentFinancialInstruments 2024-05-31 12630344 frs-core:Non-currentFinancialInstruments 2024-05-31 12630344 frs-core:BetweenOneFiveYears 2024-05-31 12630344 frs-core:ComputerEquipment 2024-05-31 12630344 frs-core:ComputerEquipment 2023-06-01 2024-05-31 12630344 frs-core:ComputerEquipment 2023-05-31 12630344 frs-core:MotorVehicles 2024-05-31 12630344 frs-core:MotorVehicles 2023-06-01 2024-05-31 12630344 frs-core:MotorVehicles 2023-05-31 12630344 frs-core:WithinOneYear 2024-05-31 12630344 frs-core:ShareCapital 2024-05-31 12630344 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 12630344 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12630344 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 12630344 frs-bus:SmallEntities 2023-06-01 2024-05-31 12630344 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12630344 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12630344 frs-bus:Director1 2023-06-01 2024-05-31 12630344 frs-core:CurrentFinancialInstruments 1 2024-05-31 12630344 frs-countries:EnglandWales 2023-06-01 2024-05-31 12630344 2022-05-31 12630344 2023-05-31 12630344 2022-06-01 2023-05-31 12630344 frs-core:CurrentFinancialInstruments 2023-05-31 12630344 frs-core:Non-currentFinancialInstruments 2023-05-31 12630344 frs-core:BetweenOneFiveYears 2023-05-31 12630344 frs-core:WithinOneYear 2023-05-31 12630344 frs-core:ShareCapital 2023-05-31 12630344 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 12630344 frs-core:CurrentFinancialInstruments 1 2023-05-31
Registered number: 12630344
TBS Courtesy Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12630344
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 116,324 89,932
116,324 89,932
CURRENT ASSETS
Debtors 5 27,981 32,956
Cash at bank and in hand 8,804 4,002
36,785 36,958
Creditors: Amounts Falling Due Within One Year 6 (72,928 ) (60,158 )
NET CURRENT ASSETS (LIABILITIES) (36,143 ) (23,200 )
TOTAL ASSETS LESS CURRENT LIABILITIES 80,181 66,732
Creditors: Amounts Falling Due After More Than One Year 7 (34,958 ) (53,937 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,483 ) (22,483 )
NET ASSETS/(LIABILITIES) 22,740 (9,688 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 22,640 (9,788 )
SHAREHOLDERS' FUNDS 22,740 (9,688)
Page 1
Page 2
For the year ending 31 May 2024 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 Paul Scott
Director
02/09/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
TBS Courtesy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12630344 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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.
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:
Motor Vehicles 15% on reducing balance
Computer Equipment 15% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over 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.
2.5. 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 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
...CONTINUED
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2.5. Taxation - continued
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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: 3 (2023: 2)
3 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 June 2023 130,571 - 130,571
Additions 46,285 639 46,924
As at 31 May 2024 176,856 639 177,495
Depreciation
As at 1 June 2023 40,639 - 40,639
Provided during the period 20,436 96 20,532
As at 31 May 2024 61,075 96 61,171
Net Book Value
As at 31 May 2024 115,781 543 116,324
As at 1 June 2023 89,932 - 89,932
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 20,955 24,000
Other debtors 682 296
Intercompany 6,344 8,660
27,981 32,956
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,572 13,572
Trade creditors 1,898 1,898
Bank loans and overdrafts 5,640 5,640
Corporation tax 38,345 18,339
Other taxes and social security 115 115
VAT 13,251 10,358
Director's loan account 107 10,236
72,928 60,158
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 6,791 20,363
Bank loans 28,167 33,574
34,958 53,937
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 13,572 13,572
Later than one year and not later than five years 6,791 20,363
20,363 33,935
20,363 33,935
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
Included in the Other Debtors is an amount owed from Total Body Shop Ltd totalling £6,344 (2023 - £8,660),
for which Mr P Scott is a director. No interest is to be charged and no repayment terms have been agreed.
Included in the Other Creditors is an amount owed to the company directors totalling £107 (2023 - £10,236), no interest is to be charged.
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