Acorah Software Products - Accounts Production 15.0.600 false true false 23 February 2023 30 April 2024 30 April 2024 14684687 Mr A Brownridge Mr G A Jagger true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14684687 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-04-30 14684687 2023-02-22 14684687 2024-04-30 14684687 2023-02-23 2024-04-30 14684687 frs-core:CurrentFinancialInstruments 2024-04-30 14684687 frs-core:Non-currentFinancialInstruments 2024-04-30 14684687 frs-core:RevaluationReserve 2023-02-23 2024-04-30 14684687 frs-core:RevaluationReserve 2024-04-30 14684687 frs-core:ShareCapital 2024-04-30 14684687 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14684687 frs-bus:PrivateLimitedCompanyLtd 2023-02-23 2024-04-30 14684687 frs-bus:FilletedAccounts 2023-02-23 2024-04-30 14684687 frs-bus:SmallEntities 2023-02-23 2024-04-30 14684687 frs-bus:AuditExempt-NoAccountantsReport 2023-02-23 2024-04-30 14684687 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-23 2024-04-30 14684687 1 2023-02-23 2024-04-30 14684687 frs-core:CostValuation 2023-02-22 14684687 frs-core:AdditionsToInvestments 2024-04-30 14684687 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-04-30 14684687 frs-core:CostValuation 2024-04-30 14684687 frs-core:ProvisionsForImpairmentInvestments 2023-02-22 14684687 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 14684687 frs-bus:Director1 2023-02-23 2024-04-30 14684687 frs-bus:Director2 2023-02-23 2024-04-30 14684687 frs-countries:EnglandWales 2023-02-23 2024-04-30
Registered number: 14684687
Tag Tool Hire Holdings Ltd
Unaudited Financial Statements
For the Period 23 February 2023 to 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14684687
30 April 2024
Notes £ £
FIXED ASSETS
Investments 4 943,488
943,488
CURRENT ASSETS
Debtors 5 2,000
2,000
Creditors: Amounts Falling Due Within One Year 6 (328,138 )
NET CURRENT ASSETS (LIABILITIES) (326,138 )
TOTAL ASSETS LESS CURRENT LIABILITIES 617,350
Creditors: Amounts Falling Due After More Than One Year 7 (455,548 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (40,334 )
NET ASSETS 121,468
CAPITAL AND RESERVES
Called up share capital 8 40
Revaluation reserve 9 121,003
Profit and Loss Account 425
SHAREHOLDERS' FUNDS 121,468
Page 1
Page 2
For the period ending 30 April 2024 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 A Brownridge
Director
4th 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
Tag Tool Hire Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14684687 . The registered office is Units 1, 2 And 3 Victoria Business Park, Lightowler Road, Halifax, HX1 5ND.
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
Rental Income is measured at the fair value of the consideration received.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Investments
Subsidiaries Other Total
£ £ £
Cost
As at 23 February 2023 - - -
Additions 514,093 268,058 782,151
Revaluations - 161,337 161,337
As at 30 April 2024 514,093 429,395 943,488
Provision
As at 23 February 2023 - - -
As at 30 April 2024 - - -
Net Book Value
As at 30 April 2024 514,093 429,395 943,488
As at 23 February 2023 - - -
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5. Debtors
30 April 2024
£
Due within one year
Other debtors 2,000
6. Creditors: Amounts Falling Due Within One Year
30 April 2024
£
Bank loans and overdrafts 3,027
Amounts owed to group undertakings 275,111
Other creditors 50,000
328,138
Bank borrowings are secured against the assets of the company.
7. Creditors: Amounts Falling Due After More Than One Year
30 April 2024
£
Bank loans 301,543
Other creditors 154,005
455,548
Bank borrowings are secured against the assets of the company.
Of the creditors falling due after more than one year the following amounts are due after more than five years.
30 April 2024
£
Bank loans 293,507
8. Share Capital
30 April 2024
£
Allotted, Called up and fully paid 40
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9. Reserves
Revaluation Reserve
£
Deficit on revaluation (40,334)
Net investment property revaluation reserve 161,337
As at 30 April 2024 121,003
10. Related Party Transactions
During the period the company received rental income from, and made other arms length transactions with Tag Tool Hire Ltd. At the 30 April 2024 £275,111 was owed to Tag Tool Hire Ltd, the company's 100% subsidiary.
11. Ultimate Controlling Party
The company was controlled throughout the period by the directors by virtue of their ownership of 100% of the issued share capital in the company.
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