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 07826462 Mr Patrick McGrath Mrs Mary Theresa McGrath Mr Quraish Sajjad Hussain Adamally iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07826462 2022-12-31 07826462 2023-12-31 07826462 2023-01-01 2023-12-31 07826462 frs-core:CurrentFinancialInstruments 2023-12-31 07826462 frs-core:Non-currentFinancialInstruments 2023-12-31 07826462 frs-core:LandBuildings 2023-12-31 07826462 frs-core:LandBuildings 2023-01-01 2023-12-31 07826462 frs-core:LandBuildings 2022-12-31 07826462 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 07826462 frs-core:ShareCapital 2023-12-31 07826462 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07826462 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07826462 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07826462 frs-bus:SmallEntities 2023-01-01 2023-12-31 07826462 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07826462 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07826462 frs-bus:Director1 2023-01-01 2023-12-31 07826462 frs-bus:Director2 2023-01-01 2023-12-31 07826462 frs-bus:Director3 2023-01-01 2023-12-31 07826462 frs-countries:EnglandWales 2023-01-01 2023-12-31 07826462 2021-12-31 07826462 2022-12-31 07826462 2022-01-01 2022-12-31 07826462 frs-core:CurrentFinancialInstruments 2022-12-31 07826462 frs-core:Non-currentFinancialInstruments 2022-12-31 07826462 frs-core:ShareCapital 2022-12-31 07826462 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07826462
Tca Investments Limited
Financial Statements
For The Year Ended 31 December 2023
Outsourced ACC Ltd
High Street Centre, 137-139 High Street
Beckenham
Kent
BR3 1AG
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07826462
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 11,723,614 13,672,084
11,723,614 13,672,084
CURRENT ASSETS
Debtors 4 897,413 609,938
Cash at bank and in hand 1,985,242 214,155
2,882,655 824,093
Creditors: Amounts Falling Due Within One Year 5 (6,959,430 ) (5,116,244 )
NET CURRENT ASSETS (LIABILITIES) (4,076,775 ) (4,292,151 )
TOTAL ASSETS LESS CURRENT LIABILITIES 7,646,839 9,379,933
Creditors: Amounts Falling Due After More Than One Year 6 (60,000 ) (60,000 )
NET ASSETS 7,586,839 9,319,933
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 7,586,838 9,319,932
SHAREHOLDERS' FUNDS 7,586,839 9,319,933
Page 1
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 Patrick McGrath
Director
2nd August 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
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. 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.
1.3. 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:
Leasehold 2% straight line method
1.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3 (2022: NIL)
3 -
3. Tangible Assets
Land & Buildings
£
Cost or Valuation
As at 1 January 2023 15,243,598
Revaluation (1,643,598 )
As at 31 December 2023 13,600,000
Depreciation
As at 1 January 2023 1,571,514
Provided during the period 304,872
As at 31 December 2023 1,876,386
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2023 11,723,614
As at 1 January 2023 13,672,084
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 26,353
Other debtors 897,413 583,585
897,413 609,938
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 6,840,000 4,954,049
Other creditors 111,400 55,511
Taxation and social security 8,030 106,684
6,959,430 5,116,244
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 60,000 60,000
60,000 60,000
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
8. General Information
Tca Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07826462 . The registered office is High Street Centre, 137-139 High Street, Beckenham, Kent, BR3 1AG.
Page 4