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 08825006 Mr T Kerridge Mrs B Cullen-Kerridge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08825006 2022-12-31 08825006 2023-12-31 08825006 2023-01-01 2023-12-31 08825006 frs-core:CurrentFinancialInstruments 2023-12-31 08825006 frs-core:ComputerEquipment 2023-12-31 08825006 frs-core:ComputerEquipment 2023-01-01 2023-12-31 08825006 frs-core:ComputerEquipment 2022-12-31 08825006 frs-core:FurnitureFittings 2023-12-31 08825006 frs-core:FurnitureFittings 2023-01-01 2023-12-31 08825006 frs-core:FurnitureFittings 2022-12-31 08825006 frs-core:ShareCapital 2023-12-31 08825006 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08825006 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08825006 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 08825006 frs-bus:SmallEntities 2023-01-01 2023-12-31 08825006 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08825006 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08825006 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 08825006 frs-bus:OrdinaryShareClass1 2023-12-31 08825006 frs-core:CostValuation 2022-12-31 08825006 frs-core:CostValuation 2023-12-31 08825006 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 08825006 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 08825006 frs-bus:Director1 2023-01-01 2023-12-31 08825006 frs-bus:Director2 2023-01-01 2023-12-31 08825006 frs-countries:EnglandWales 2023-01-01 2023-12-31 08825006 2021-12-31 08825006 2022-12-31 08825006 2022-01-01 2022-12-31 08825006 frs-core:CurrentFinancialInstruments 2022-12-31 08825006 frs-core:ShareCapital 2022-12-31 08825006 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 08825006 frs-bus:OrdinaryShareClass1 2022-01-01 2022-12-31
Registered number: 08825006
Tom Kerridge Consultancy Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08825006
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,274 7,811
Investments 5 100,138 100,138
105,412 107,949
CURRENT ASSETS
Debtors 6 844,143 538,360
Cash at bank and in hand 670,330 217,584
1,514,473 755,944
Creditors: Amounts Falling Due Within One Year 7 (1,134,399 ) (372,835 )
NET CURRENT ASSETS (LIABILITIES) 380,074 383,109
TOTAL ASSETS LESS CURRENT LIABILITIES 485,486 491,058
NET ASSETS 485,486 491,058
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 485,386 490,958
SHAREHOLDERS' FUNDS 485,486 491,058
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
Mrs B Cullen-Kerridge
Director
23 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
Tom Kerridge Consultancy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08825006 . The registered office is The Mill, Pury Hill Business Park, Alderton Road, Towcester, NN12 7LS.
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. 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 25% Straight Line
Office Equipment 25% Straight Line
2.4. 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 on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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: 2 (2022: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings Office Equipment Total
£ £ £
Cost
As at 1 January 2023 48,850 3,299 52,149
As at 31 December 2023 48,850 3,299 52,149
Depreciation
As at 1 January 2023 43,570 768 44,338
Provided during the period 1,712 825 2,537
As at 31 December 2023 45,282 1,593 46,875
Net Book Value
As at 31 December 2023 3,568 1,706 5,274
As at 1 January 2023 5,280 2,531 7,811
5. Investments
Subsidiaries Associates Total
£ £ £
Cost
As at 1 January 2023 100,058 80 100,138
As at 31 December 2023 100,058 80 100,138
Provision
As at 1 January 2023 - - -
As at 31 December 2023 - - -
Net Book Value
As at 31 December 2023 100,058 80 100,138
As at 1 January 2023 100,058 80 100,138
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 11,401 60,875
Amounts owed by participating interests 562,390 237,900
Other debtors 270,352 239,585
844,143 538,360
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 26,174 795
Other creditors 845,938 203,656
Taxation and social security 262,287 168,384
1,134,399 372,835
Page 4
Page 5
8. Share Capital
2023 2022
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
9. Related Party Transactions
Summary of transactions with all associates
Kerridges Marlow LLP
During the year Tom Kerridge Consultancy Limited loaned £23,428.80 to Kerridges Marlow LLP, a company under common control.
Kerridges Marlow LLP recharged expenses of £35,000 to Tom Kerridge Consultancy Limited.
At the balance sheet date, Tom Kerridge Consultancy Limited was owed £32,028.80 by Kerridges Marlow LLP.
Kerridge Cullen Property Limited
At the balance sheet date, Tom Kerridge Consultancy Limited was owed £22,099 by Kerridge Cullen Property Limited, a company under common control.
Tom Kerridge London Limited
During the year Tom Kerridge Consultancy Limited was repaid £12,288 to Tom Kerridge London Limited, a company under common control.
At the balance sheet date, Tom Kerridge Consultancy Limited was owed £212,862 by Tom Kerridge London Limited.
The Coach (Marlow) Limited
During the year Tom Kerridge Consultancy Limited loaned £88,500 to The Coach (Marlow) Limited, a company under common control.
At the balance sheet date, Tom Kerridge Consultancy Limited was owed £101,250 by The Coach (Marlow) Limited.
The Butcher's Tap and Grill Limited
During the year Tom Kerridge Consultancy Limited loaned £22,000 to The Butcher's Tap and Grill Limited, a company
under common control.
At the balance sheet date, Tom Kerridge Consultancy Limited was owed £22,000 by The Butcher's Tap and Grill Limited.
The Butcher's Tap and Grill (Chelsea) Limited
During the year Tom Kerridge Consultancy Limited loaned £226,277.74 to The Butcher's Tap and Grill (Chelsea) Limited, a company under common control, to fund the purchase of a long leasehold.
At the balance sheet date, Tom Kerridge Consultancy Limited was owed £226,277.74 by The Butcher's Tap and Grill (Chelsea) Limited.
Tom Kerridge Media Limited
During the year Tom Kerridge Consultancy Limited recharged expenses of £2,774 to Tom Kerridge Media Limited, a company under common control.
During the year Tom Kerridge Consultancy Limited loaned £110,000, to Tom Kerridge Media Limited.
At the balance sheet date, Tom Kerridge Media Limited was owed £34,699 by Tom Kerridge Consultancy Limited.
Hand and Flowers Limited
During the year, Tom Kerridge Consultancy Limited paid an invoice on behalf of Hand and Flowers Limited.
At the balance sheet date, Hand and Flowers Limited, a company under common control, was owed £30,222 by Tom Kerridge Consultancy Limited.
Page 5