Acorah Software Products - Accounts Production 15.0.650 true true 30 September 2022 28 October 2021 false 1 October 2022 30 September 2023 30 September 2023 SC713550 Mr Umakanthan Kandasamy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC713550 2022-09-30 SC713550 2023-09-30 SC713550 2022-10-01 2023-09-30 SC713550 frs-core:CurrentFinancialInstruments 2023-09-30 SC713550 frs-core:Non-currentFinancialInstruments 2023-09-30 SC713550 frs-core:FurnitureFittings 2023-09-30 SC713550 frs-core:FurnitureFittings 2022-10-01 2023-09-30 SC713550 frs-core:FurnitureFittings 2022-09-30 SC713550 frs-core:NetGoodwill 2023-09-30 SC713550 frs-core:NetGoodwill 2022-10-01 2023-09-30 SC713550 frs-core:NetGoodwill 2022-09-30 SC713550 frs-core:ShareCapital 2023-09-30 SC713550 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 SC713550 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 SC713550 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 SC713550 frs-bus:SmallEntities 2022-10-01 2023-09-30 SC713550 frs-bus:EntityHasNeverTraded 2022-10-01 2023-09-30 SC713550 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 SC713550 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 SC713550 frs-bus:Director1 2022-10-01 2023-09-30 SC713550 frs-countries:Scotland 2022-10-01 2023-09-30 SC713550 2021-10-27 SC713550 2022-09-30 SC713550 2021-10-28 2022-09-30 SC713550 frs-core:CurrentFinancialInstruments 2022-09-30 SC713550 frs-core:Non-currentFinancialInstruments 2022-09-30 SC713550 frs-core:ShareCapital 2022-09-30 SC713550 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: SC713550
TRP USAVE LIMITED
Unaudited Financial Statements
For The Year Ended 30 September 2023
Global Accountancy Practice
10 Allison Street
Glasgow
G42 8NN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC713550
30 September 2023 30 September 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 15,000 -
Tangible Assets 5 6,640 -
21,640 -
CURRENT ASSETS
Stocks 6 18,450 -
Cash at bank and in hand 1,569 50
20,019 50
Creditors: Amounts Falling Due Within One Year 8 (11,566 ) -
NET CURRENT ASSETS (LIABILITIES) 8,453 50
TOTAL ASSETS LESS CURRENT LIABILITIES 30,093 50
Creditors: Amounts Falling Due After More Than One Year 9 (30,610 ) -
NET (LIABILITIES)/ASSETS (517 ) 50
CAPITAL AND RESERVES
Called up share capital 10 50 50
Profit and Loss Account (567 ) -
SHAREHOLDERS' FUNDS (517) 50
Page 1
Page 2
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 Umakanthan Kandasamy
Director
19th September 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
TRP USAVE LIMITED is a private company, limited by shares, incorporated in Scotland, registered number SC713550 . The registered office is 1929 Dumbarton Road, Glasgow, G14 0YT.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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%
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: NIL)
2 -
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2022 -
Additions 15,000
As at 30 September 2023 15,000
Net Book Value
As at 30 September 2023 15,000
As at 1 October 2022 -
Page 3
Page 4
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 October 2022 -
Additions 8,300
As at 30 September 2023 8,300
Depreciation
As at 1 October 2022 -
Provided during the period 1,660
As at 30 September 2023 1,660
Net Book Value
As at 30 September 2023 6,640
As at 1 October 2022 -
6. Stocks
30 September 2023 30 September 2022
£ £
Finished goods 18,450 -
7. Debtors
30 September 2023 30 September 2022
£ £
Due within one year
8. Creditors: Amounts Falling Due Within One Year
30 September 2023 30 September 2022
£ £
Trade creditors 3,520 -
VAT 432 -
Director's loan account 7,614 -
11,566 -
9. Creditors: Amounts Falling Due After More Than One Year
30 September 2023 30 September 2022
£ £
Bank loans 30,610 -
Page 4
Page 5
10. Share Capital
30 September 2023 30 September 2022
£ £
Allotted, Called up and fully paid 50 50
Page 5