Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 04463210 Mr Leighton Wise iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04463210 2023-03-31 04463210 2024-03-31 04463210 2023-04-01 2024-03-31 04463210 frs-core:CurrentFinancialInstruments 2024-03-31 04463210 frs-core:Non-currentFinancialInstruments 2024-03-31 04463210 frs-core:ComputerEquipment 2024-03-31 04463210 frs-core:ComputerEquipment 2023-04-01 2024-03-31 04463210 frs-core:ComputerEquipment 2023-03-31 04463210 frs-core:FurnitureFittings 2023-04-01 2024-03-31 04463210 frs-core:ShareCapital 2024-03-31 04463210 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04463210 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04463210 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 04463210 frs-bus:SmallEntities 2023-04-01 2024-03-31 04463210 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04463210 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04463210 frs-bus:Director1 2023-04-01 2024-03-31 04463210 frs-countries:EnglandWales 2023-04-01 2024-03-31 04463210 2022-03-31 04463210 2023-03-31 04463210 2022-04-01 2023-03-31 04463210 frs-core:CurrentFinancialInstruments 2023-03-31 04463210 frs-core:Non-currentFinancialInstruments 2023-03-31 04463210 frs-core:ShareCapital 2023-03-31 04463210 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 04463210
TOUGH GUY PRODUCTIONS LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04463210
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,163 14,552
18,163 14,552
CURRENT ASSETS
Debtors 5 3,065 23,803
Cash at bank and in hand 12,766 1,932
15,831 25,735
Creditors: Amounts Falling Due Within One Year 6 (12,587 ) (18,783 )
NET CURRENT ASSETS (LIABILITIES) 3,244 6,952
TOTAL ASSETS LESS CURRENT LIABILITIES 21,407 21,504
Creditors: Amounts Falling Due After More Than One Year 7 - (64 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (3,451 ) (2,765 )
NET ASSETS 17,956 18,675
CAPITAL AND RESERVES
Called up share capital 9 150 150
Profit and Loss Account 17,806 18,525
SHAREHOLDERS' FUNDS 17,956 18,675
Page 1
Page 2
For the year ending 31 March 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 Leighton Wise
Director
25/09/2024
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
TOUGH GUY PRODUCTIONS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04463210 . The registered office is 22 Spiers Close, Knowle, Solihull, West Midlands, B93 9ES.
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.
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.
Revenue recognition
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%
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 47,996
Additions 9,665
As at 31 March 2024 57,661
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 33,444
Provided during the period 6,054
As at 31 March 2024 39,498
Net Book Value
As at 31 March 2024 18,163
As at 1 April 2023 14,552
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,280 23,803
Prepayments and accrued income 681 -
Interest on Loan 104 -
3,065 23,803
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Other loans 2,102 -
Corporation tax 5,138 8,399
VAT liability 1,917 3,787
Accruals 1,650 1,650
Director's loan account 1,779 4,946
12,587 18,783
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other taxes and social security - 64
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 3,451 2,765
Page 4
Page 5
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 150 150
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 25,550 28,275
11. Related Party Transactions
The company was under the control of the director throughout the current and previous year. Mr Wise is the managing director and sole shareholder of the company. 
During the year the company paid Mr Wise £840 (PY:£840) as a contribution towrds the cost of operating the business from his premises.
Page 5