Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05103396 Mrs J Priest Mr A Marshall Mr L Robertson MR W B Flynn Ms L Uncles Mr B Crane Mr P M Somerville Ms H Parker Mrs T Brady iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05103396 2023-03-31 05103396 2024-03-31 05103396 2023-04-01 2024-03-31 05103396 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05103396 frs-core:RevaluationReserve 2023-04-01 2024-03-31 05103396 frs-core:RevaluationReserve 2023-03-31 05103396 frs-core:RevaluationReserve 2024-03-31 05103396 frs-core:ShareCapital 2024-03-31 05103396 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05103396 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05103396 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 05103396 frs-bus:SmallEntities 2023-04-01 2024-03-31 05103396 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05103396 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05103396 frs-bus:Director1 2023-04-01 2024-03-31 05103396 frs-bus:Director2 2023-04-01 2024-03-31 05103396 frs-bus:Director3 2023-04-01 2024-03-31 05103396 frs-bus:Director4 2023-04-01 2024-03-31 05103396 frs-bus:Director5 2023-04-01 2024-03-31 05103396 frs-bus:Director6 2023-04-01 2024-03-31 05103396 frs-bus:Director7 2023-04-01 2024-03-31 05103396 frs-bus:Director8 2023-04-01 2024-03-31 05103396 frs-bus:Director9 2023-04-01 2024-03-31 05103396 frs-countries:EnglandWales 2023-04-01 2024-03-31 05103396 2022-03-31 05103396 2023-03-31 05103396 2022-04-01 2023-03-31 05103396 frs-core:RevaluationReserve 2023-03-31 05103396 frs-core:ShareCapital 2023-03-31 05103396 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05103396
TCCOA Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Statement of Financial Position
Registered number: 05103396
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 125,000 124,999
125,000 124,999
CURRENT ASSETS
Debtors 4,513 3,251
Cash at bank and in hand 56,339 51,247
60,852 54,498
Creditors: Amounts Falling Due Within One Year (9,031 ) (13,657 )
NET CURRENT ASSETS (LIABILITIES) 51,821 40,841
TOTAL ASSETS LESS CURRENT LIABILITIES 176,821 165,840
NET ASSETS 176,821 165,840
CAPITAL AND RESERVES
Called up share capital 5 65 63
Revaluation reserve 6 123,120 123,119
Income Statement 53,636 42,658
SHAREHOLDERS' FUNDS 176,821 165,840
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 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 Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr A Marshall
Director
26/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
TCCOA Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05103396 . The registered office is 2 Newport Terrace, Millbrook, Torpoint, PL10 1BS.
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 for services invoiced.
Turnover for the period represents service charges receivable from the Tregonhawke Cliff chalet owners for the management and maintenance of the cliff.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent 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.
Freehold Freehold land and property is valued at valuation
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.
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: 1 (2023: 1)
1 1
4. Tangible Assets
Total
£
Cost or Valuation
As at 1 April 2023 124,999
Revaluation 1
As at 31 March 2024 125,000
Net Book Value
As at 31 March 2024 125,000
As at 1 April 2023 124,999
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Page 4
A valuation of the freehold property owned by TCCOA Limited was carried out on 5th December 2023.  The restated value of these assets was £ 125,000.
The revaluation was carried out independently by Messrs Shobrook & Co., Chartered Surveyors.
The methods and significant assumptions used in estimating the fair value of the freehold property were that there are two disctinct elements to the asset, namely the cliff and the cafe.  For the cliff there is a potential future liability for maintenance and upkeep and no value has been attached to it.  The cafe is valued at £ 125,000 based on the fact that it is let out on a lease and has an additional amenity value.
The directors have reviewed the valuation of the freehold property and, in their view, it is fairly stated. 
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 65 63
6. Reserves
Revaluation Reserve
£
As at 1 April 2023 123,119
Surplus on revaluation 1
As at 31 March 2024 123,120
Page 4