Acorah Software Products - Accounts Production 15.0.400 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 08798353 MR JOHN ROSS MR NIGEL HALSEY-WATSON iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08798353 2022-12-31 08798353 2023-12-31 08798353 2023-01-01 2023-12-31 08798353 frs-core:CurrentFinancialInstruments 2023-12-31 08798353 frs-core:Non-currentFinancialInstruments 2023-12-31 08798353 frs-core:ComputerEquipment 2023-12-31 08798353 frs-core:ComputerEquipment 2023-01-01 2023-12-31 08798353 frs-core:ComputerEquipment 2022-12-31 08798353 frs-core:FurnitureFittings 2023-12-31 08798353 frs-core:FurnitureFittings 2023-01-01 2023-12-31 08798353 frs-core:FurnitureFittings 2022-12-31 08798353 frs-core:NetGoodwill 2023-12-31 08798353 frs-core:NetGoodwill 2023-01-01 2023-12-31 08798353 frs-core:NetGoodwill 2022-12-31 08798353 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 08798353 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 08798353 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 08798353 frs-core:ShareCapital 2023-12-31 08798353 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08798353 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08798353 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 08798353 frs-bus:SmallEntities 2023-01-01 2023-12-31 08798353 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08798353 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08798353 frs-bus:Director1 2023-01-01 2023-12-31 08798353 frs-bus:Director2 2023-01-01 2023-12-31 08798353 frs-core:CurrentFinancialInstruments 1 2023-12-31 08798353 frs-core:Non-currentFinancialInstruments 1 2023-12-31 08798353 frs-countries:EnglandWales 2023-01-01 2023-12-31 08798353 2021-12-31 08798353 2022-12-31 08798353 2022-01-01 2022-12-31 08798353 frs-core:CurrentFinancialInstruments 2022-12-31 08798353 frs-core:Non-currentFinancialInstruments 2022-12-31 08798353 frs-core:ShareCapital 2022-12-31 08798353 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 08798353 frs-core:CurrentFinancialInstruments 1 2022-12-31 08798353 frs-core:Non-currentFinancialInstruments 1 2022-12-31
Registered number: 08798353
TAPA TAPA LTD
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: 08798353
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 25,864 29,097
Tangible Assets 5 256,222 152,573
282,086 181,670
CURRENT ASSETS
Stocks 6 16,196 -
Debtors 7 72,195 66,300
Cash at bank and in hand 252,739 151,332
341,130 217,632
Creditors: Amounts Falling Due Within One Year 8 (430,828 ) (275,800 )
NET CURRENT ASSETS (LIABILITIES) (89,698 ) (58,168 )
TOTAL ASSETS LESS CURRENT LIABILITIES 192,388 123,502
Creditors: Amounts Falling Due After More Than One Year 9 (36,395 ) (42,847 )
NET ASSETS 155,993 80,655
CAPITAL AND RESERVES
Called up share capital 10 31,000 31,000
Profit and Loss Account 124,993 49,655
SHAREHOLDERS' FUNDS 155,993 80,655
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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 JOHN ROSS
Director
19/09/2024
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
TAPA TAPA LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08798353 . The registered office is 7 Bell Yard, Strand, London, WC2A 2JR.
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 10. 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:
Leasehold Amortised over the Period of the Lease
Fixtures & Fittings Depreciated over 10 years with a Residual Value
Computer Equipment Depreciated over 5 years with a Residual Value
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: 30 (2022: 12)
30 12
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4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 32,330
As at 31 December 2023 32,330
Amortisation
As at 1 January 2023 3,233
Provided during the period 3,233
As at 31 December 2023 6,466
Net Book Value
As at 31 December 2023 25,864
As at 1 January 2023 29,097
5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 - 164,253 5,662 169,915
Additions 85,601 33,388 2,002 120,991
As at 31 December 2023 85,601 197,641 7,664 290,906
Depreciation
As at 1 January 2023 - 16,210 1,132 17,342
Provided during the period - 16,210 1,132 17,342
As at 31 December 2023 - 32,420 2,264 34,684
Net Book Value
As at 31 December 2023 85,601 165,221 5,400 256,222
As at 1 January 2023 - 148,043 4,530 152,573
6. Stocks
2023 2022
£ £
Stock 16,196 -
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7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,324 10,341
Prepayments and accrued income 26,133 27,159
Other debtors 14,317 -
Directors' loan accounts 1,621 -
43,395 37,500
Due after more than one year
Rent Deposit 28,800 28,800
72,195 66,300
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 142,604 103,696
Other taxes and social security 21,496 51,949
VAT 61,250 62,793
Net wages - 6,475
Other creditors - 28,683
Corporate Client Deposits 185,187 -
Accruals and deferred income 20,291 22,204
430,828 275,800
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 36,395 42,847
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 31,000 31,000
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