Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 12568535 Mr Thomas Pratt Mrs Donna Pratt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12568535 2023-04-30 12568535 2024-04-30 12568535 2023-05-01 2024-04-30 12568535 frs-core:CurrentFinancialInstruments 2024-04-30 12568535 frs-core:ShareCapital 2024-04-30 12568535 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 12568535 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12568535 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 12568535 frs-bus:SmallEntities 2023-05-01 2024-04-30 12568535 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 12568535 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 12568535 frs-core:UnlistedNon-exchangeTraded 2024-04-30 12568535 frs-core:UnlistedNon-exchangeTraded 2023-04-30 12568535 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 12568535 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-30 12568535 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 12568535 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 12568535 frs-bus:Director1 2023-05-01 2024-04-30 12568535 frs-bus:Director2 2023-05-01 2024-04-30 12568535 frs-core:CurrentFinancialInstruments 1 2024-04-30 12568535 frs-countries:EnglandWales 2023-05-01 2024-04-30 12568535 2022-04-30 12568535 2023-04-30 12568535 2022-05-01 2023-04-30 12568535 frs-core:CurrentFinancialInstruments 2023-04-30 12568535 frs-core:ShareCapital 2023-04-30 12568535 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 12568535 frs-core:CurrentFinancialInstruments 1 2023-04-30
Registered number: 12568535
TCP Capital Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12568535
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 20,010 20,010
20,010 20,010
CURRENT ASSETS
Stocks 5 62,395 -
Debtors 6 57,202 120,025
Cash at bank and in hand 1,012 9,280
120,609 129,305
Creditors: Amounts Falling Due Within One Year 7 (98,492 ) (70,930 )
NET CURRENT ASSETS (LIABILITIES) 22,117 58,375
TOTAL ASSETS LESS CURRENT LIABILITIES 42,127 78,385
NET ASSETS 42,127 78,385
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 42,027 78,285
SHAREHOLDERS' FUNDS 42,127 78,385
Page 1
Page 2
For the year 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 Thomas Pratt
Director
18/10/2024
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
TCP Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12568535 . The registered office is 60 Cheapside, London, EC2V 6AX.
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.
2.3. 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.
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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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: NIL (2023: NIL)
- -
Page 3
Page 4
4. Investments
Unlisted
£
Cost
As at 1 May 2023 20,010
As at 30 April 2024 20,010
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 20,010
As at 1 May 2023 20,010
5. Stocks
2024 2023
£ £
Stock 62,395 -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 48,000 120,000
Other debtors 3,500 -
VAT 5,433 -
Directors' loan accounts 269 25
57,202 120,025
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,200 1,199
Corporation tax 317 31,368
VAT - 19,978
Other creditors 83,500 -
Inter-company 120 120
Directors' loan accounts 13,355 18,265
98,492 70,930
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Included in the other debtors is an amount of £269 owed by the director Mr T Pratt, no interest is to be charged. 
Included in the other creditors are the following amounts owed to the following directors, no interest is to be charged on any loan. 
Ms S Pratt - £2,130
Ms C Pratt - £71
Mr D Pratt - £11,154
Page 5