Acorah Software Products - Accounts Production 14.6.300 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 08377368 Mr Shaw Cavill the director true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08377368 2023-01-31 08377368 2024-01-31 08377368 2023-02-01 2024-01-31 08377368 frs-core:CurrentFinancialInstruments 2024-01-31 08377368 frs-core:Non-currentFinancialInstruments 2024-01-31 08377368 frs-core:NetGoodwill 2024-01-31 08377368 frs-core:NetGoodwill 2023-02-01 2024-01-31 08377368 frs-core:NetGoodwill 2023-01-31 08377368 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 08377368 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 08377368 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-31 08377368 frs-core:PlantMachinery 2024-01-31 08377368 frs-core:PlantMachinery 2023-02-01 2024-01-31 08377368 frs-core:PlantMachinery 2023-01-31 08377368 frs-core:ShareCapital 2024-01-31 08377368 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 08377368 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08377368 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 08377368 frs-bus:SmallEntities 2023-02-01 2024-01-31 08377368 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08377368 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08377368 1 2023-02-01 2024-01-31 08377368 frs-bus:Director1 2023-02-01 2024-01-31 08377368 frs-countries:EnglandWales 2023-02-01 2024-01-31 08377368 2022-01-31 08377368 2023-01-31 08377368 2022-02-01 2023-01-31 08377368 frs-core:CurrentFinancialInstruments 2023-01-31 08377368 frs-core:Non-currentFinancialInstruments 2023-01-31 08377368 frs-core:ShareCapital 2023-01-31 08377368 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 08377368
The Tall Guy Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08377368
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 72,858 93,674
Tangible Assets 5 88,882 91,013
161,740 184,687
CURRENT ASSETS
Stocks 6 4,500 5,000
Debtors 7 39,967 38,399
Cash at bank and in hand 33,602 23,194
78,069 66,593
Creditors: Amounts Falling Due Within One Year 8 (126,584 ) (137,390 )
NET CURRENT ASSETS (LIABILITIES) (48,515 ) (70,797 )
TOTAL ASSETS LESS CURRENT LIABILITIES 113,225 113,890
Creditors: Amounts Falling Due After More Than One Year 9 (14,272 ) (24,569 )
NET ASSETS 98,953 89,321
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 98,952 89,320
SHAREHOLDERS' FUNDS 98,953 89,321
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For the year ending 31 January 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 Shaw Cavill
Director
18 September 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Tall Guy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08377368 . The registered office is Future House, South Place, Chesterfield, S40 1SZ.
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 the profit and loss account over its estimated economic life of ten 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 2% straight line
Plant & Machinery 25% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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.
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2.7. 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 material 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: 28 (2023: 24)
28 24
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2023 208,165
As at 31 January 2024 208,165
Amortisation
As at 1 February 2023 114,491
Provided during the period 20,816
As at 31 January 2024 135,307
Net Book Value
As at 31 January 2024 72,858
As at 1 February 2023 93,674
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 February 2023 14,533 125,934 140,467
Additions - 11,588 11,588
As at 31 January 2024 14,533 137,522 152,055
...CONTINUED
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Depreciation
As at 1 February 2023 1,455 47,999 49,454
Provided during the period 291 13,428 13,719
As at 31 January 2024 1,746 61,427 63,173
Net Book Value
As at 31 January 2024 12,787 76,095 88,882
As at 1 February 2023 13,078 77,935 91,013
6. Stocks
2024 2023
as restated
£ £
Stock 4,500 5,000
7. Debtors
2024 2023
as restated
£ £
Due within one year
Brewery deposit 23,500 23,500
Other debtors 16,467 14,899
39,967 38,399
8. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 8,706 4,276
Bank loans and overdrafts 11,019 10,244
Other creditors 58,228 74,470
Taxation and social security 48,631 48,400
126,584 137,390
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Bank loans 14,272 24,569
14,272 24,569
10. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 1 1
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11. Dividends
2024 2023
as restated
£ £
On equity shares:
Interim dividend paid 1,000 2,662
1,000 2,662
12. Ultimate Controlling Party
The company's ultimate controlling party is the director by virtue of his ownership of 100% of the issued share capital in the company.
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