Acorah Software Products - Accounts Production 15.0.650 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 07167307 Mr David Randall Mrs Samina Randall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07167307 2023-02-28 07167307 2024-02-29 07167307 2023-03-01 2024-02-29 07167307 frs-core:CurrentFinancialInstruments 2024-02-29 07167307 frs-core:FurnitureFittings 2024-02-29 07167307 frs-core:FurnitureFittings 2023-03-01 2024-02-29 07167307 frs-core:FurnitureFittings 2023-02-28 07167307 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-29 07167307 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-29 07167307 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-28 07167307 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 07167307 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 07167307 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 07167307 frs-core:PlantMachinery 2024-02-29 07167307 frs-core:PlantMachinery 2023-03-01 2024-02-29 07167307 frs-core:PlantMachinery 2023-02-28 07167307 frs-core:CapitalRedemptionReserve 2024-02-29 07167307 frs-core:ShareCapital 2024-02-29 07167307 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 07167307 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07167307 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 07167307 frs-bus:SmallEntities 2023-03-01 2024-02-29 07167307 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 07167307 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 07167307 frs-core:UnlistedNon-exchangeTraded 2024-02-29 07167307 frs-core:UnlistedNon-exchangeTraded 2023-02-28 07167307 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-02-28 07167307 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-29 07167307 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-02-29 07167307 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-02-28 07167307 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-29 07167307 frs-bus:Director1 2023-03-01 2024-02-29 07167307 frs-bus:Director2 2023-03-01 2024-02-29 07167307 frs-countries:EnglandWales 2023-03-01 2024-02-29 07167307 2022-02-28 07167307 2023-02-28 07167307 2022-03-01 2023-02-28 07167307 frs-core:CurrentFinancialInstruments 2023-02-28 07167307 frs-core:CapitalRedemptionReserve 2023-02-28 07167307 frs-core:ShareCapital 2023-02-28 07167307 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 07167307
Transpose Software Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07167307
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,325,930 1,323,687
Investments 5 8,681 -
1,334,611 1,323,687
CURRENT ASSETS
Debtors 6 415,256 356,349
Cash at bank and in hand 1,119,461 540,720
1,534,717 897,069
Creditors: Amounts Falling Due Within One Year 7 (220,472 ) (160,864 )
NET CURRENT ASSETS (LIABILITIES) 1,314,245 736,205
TOTAL ASSETS LESS CURRENT LIABILITIES 2,648,856 2,059,892
NET ASSETS 2,648,856 2,059,892
CAPITAL AND RESERVES
Called up share capital 8 292 292
Capital redemption reserve 11 11
Profit and Loss Account 2,648,553 2,059,589
SHAREHOLDERS' FUNDS 2,648,856 2,059,892
Page 1
Page 2
For the year ending 29 February 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 David Randall
Director
21 November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Transpose Software Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07167307 . The registered office is 128 Charles Street, Leicester, LE1 1LB.
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. 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:
Freehold 0%
Leasehold 25% on cost
Plant & Machinery 25% on cost
Fixtures & Fittings 25% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 12)
11 12
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 March 2023 1,252,179 190,871 79,653 70,109 1,592,812
Additions - - 13,038 35,037 48,075
As at 29 February 2024 1,252,179 190,871 92,691 105,146 1,640,887
Depreciation
As at 1 March 2023 - 153,010 61,412 54,703 269,125
Provided during the period - 22,086 9,054 14,692 45,832
As at 29 February 2024 - 175,096 70,466 69,395 314,957
Net Book Value
As at 29 February 2024 1,252,179 15,775 22,225 35,751 1,325,930
As at 1 March 2023 1,252,179 37,861 18,241 15,406 1,323,687
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 March 2023 -
Additions 8,681
As at 29 February 2024 8,681
Provision
As at 1 March 2023 -
As at 29 February 2024 -
Net Book Value
As at 29 February 2024 8,681
As at 1 March 2023 -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 173,370 171,210
Other debtors 241,886 185,139
415,256 356,349
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 71 8,641
Other creditors 120,634 55,537
Taxation and social security 99,767 96,686
220,472 160,864
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 292 292
9. Related Party Transactions
Within other debtors there is a balance outstanding from subsidiary Transpose SRL £57,086 (2023 NIL) and £180,000 (2023 £179,984) from BRRR Limited a company in which David Randall is a director and shareholder of.
Within the year, the company provided goods and services to Transpose Supply Limited of £1,800 (2023 £1,800) in which David Randall is a director and shareholder of.
Page 4