Acorah Software Products - Accounts Production 16.0.110 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10216093 Mrs Laura Ellis Mr Adam Spry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10216093 2023-06-30 10216093 2024-06-30 10216093 2023-07-01 2024-06-30 10216093 frs-core:CurrentFinancialInstruments 2024-06-30 10216093 frs-core:Non-currentFinancialInstruments 2024-06-30 10216093 frs-core:BetweenOneFiveYears 2024-06-30 10216093 frs-core:ComputerEquipment 2024-06-30 10216093 frs-core:ComputerEquipment 2023-07-01 2024-06-30 10216093 frs-core:ComputerEquipment 2023-06-30 10216093 frs-core:MotorVehicles 2024-06-30 10216093 frs-core:MotorVehicles 2023-07-01 2024-06-30 10216093 frs-core:MotorVehicles 2023-06-30 10216093 frs-core:PlantMachinery 2024-06-30 10216093 frs-core:PlantMachinery 2023-07-01 2024-06-30 10216093 frs-core:PlantMachinery 2023-06-30 10216093 frs-core:WithinOneYear 2024-06-30 10216093 frs-core:SharePremium 2024-06-30 10216093 frs-core:ShareCapital 2024-06-30 10216093 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10216093 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10216093 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10216093 frs-bus:SmallEntities 2023-07-01 2024-06-30 10216093 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10216093 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10216093 frs-bus:Director1 2023-07-01 2024-06-30 10216093 frs-bus:Director2 2023-07-01 2024-06-30 10216093 frs-countries:EnglandWales 2023-07-01 2024-06-30 10216093 2022-06-30 10216093 2023-06-30 10216093 2022-07-01 2023-06-30 10216093 frs-core:CurrentFinancialInstruments 2023-06-30 10216093 frs-core:Non-currentFinancialInstruments 2023-06-30 10216093 frs-core:BetweenOneFiveYears 2023-06-30 10216093 frs-core:WithinOneYear 2023-06-30 10216093 frs-core:SharePremium 2023-06-30 10216093 frs-core:ShareCapital 2023-06-30 10216093 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10216093
Tribus Digital Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10216093
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 69,347 85,905
69,347 85,905
CURRENT ASSETS
Debtors 5 528,691 330,082
Cash at bank and in hand 639,689 538,505
1,168,380 868,587
Creditors: Amounts Falling Due Within One Year 6 (501,068 ) (282,095 )
NET CURRENT ASSETS (LIABILITIES) 667,312 586,492
TOTAL ASSETS LESS CURRENT LIABILITIES 736,659 672,397
Creditors: Amounts Falling Due After More Than One Year 7 (44,356 ) (66,209 )
NET ASSETS 692,303 606,188
CAPITAL AND RESERVES
Called up share capital 9 600 600
Share premium account - 9,791
Profit and Loss Account 691,703 595,797
SHAREHOLDERS' FUNDS 692,303 606,188
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Page 2
For the year ending 30 June 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 Adam Spry
Director
12/08/2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Tribus Digital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10216093 . The registered office is Premier House, Bradford Road, Cleckheaton, West Yorkshire, BD19 3TT.
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:
Plant & Machinery Reducing balance 15%
Motor Vehicles Reducing balance 25%
Computer Equipment Reducing balance 25%
2.4. 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.
2.5. 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 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.
...CONTINUED
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2.5. Taxation - continued
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.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 34 (2023: 38)
34 38
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 41,970 59,080 47,295 148,345
Additions 3,049 - - 3,049
As at 30 June 2024 45,019 59,080 47,295 151,394
Depreciation
As at 1 July 2023 23,277 14,770 24,393 62,440
Provided during the period 2,804 11,077 5,726 19,607
As at 30 June 2024 26,081 25,847 30,119 82,047
Net Book Value
As at 30 June 2024 18,938 33,233 17,176 69,347
As at 1 July 2023 18,693 44,310 22,902 85,905
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 461,283 269,642
Prepayments and accrued income 15,200 5,440
Other debtors 52,208 55,000
528,691 330,082
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 10,578 8,026
Trade creditors 71,700 69,233
Bank loans and overdrafts 10,000 10,000
Corporation tax 143,741 72,198
Other taxes and social security 21,185 26,330
VAT 74,555 60,090
Other creditors 124,063 4,656
Accruals and deferred income 45,246 31,500
Directors' loan accounts - 62
501,068 282,095
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 35,189 47,042
Bank loans 9,167 19,167
44,356 66,209
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 10,578 8,026
Later than one year and not later than five years 35,189 47,042
45,767 55,068
45,767 55,068
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 600 600
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