Acorah Software Products - Accounts Production 16.0.110 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 13764398 Mr Sanjay Chauhan Mr David Roland Mr Andrew Tobin Titan Technology Holdings Limited Republic of Ireland false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13764398 2022-12-31 13764398 2023-12-31 13764398 2023-01-01 2023-12-31 13764398 frs-core:CurrentFinancialInstruments 2023-12-31 13764398 frs-core:NetGoodwill 2023-12-31 13764398 frs-core:NetGoodwill 2023-01-01 2023-12-31 13764398 frs-core:NetGoodwill 2022-12-31 13764398 frs-core:PlantMachinery 2023-12-31 13764398 frs-core:PlantMachinery 2023-01-01 2023-12-31 13764398 frs-core:PlantMachinery 2022-12-31 13764398 frs-core:ShareCapital 2023-12-31 13764398 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13764398 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13764398 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13764398 frs-bus:SmallEntities 2023-01-01 2023-12-31 13764398 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13764398 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13764398 1 2023-01-01 2023-12-31 13764398 frs-core:CostValuation 2022-12-31 13764398 frs-core:CostValuation 2023-12-31 13764398 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 13764398 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 13764398 frs-bus:Director1 2023-01-01 2023-12-31 13764398 frs-bus:Director2 2023-01-01 2023-12-31 13764398 frs-bus:Director3 2023-01-01 2023-12-31 13764398 frs-countries:EnglandWales 2023-01-01 2023-12-31 13764398 2021-12-31 13764398 2022-12-31 13764398 2022-01-01 2022-12-31 13764398 frs-core:CurrentFinancialInstruments 2022-12-31 13764398 frs-core:ShareCapital 2022-12-31 13764398 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13764398
Stryve Atticus Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13764398
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 196,000 220,500
Tangible Assets 5 4,334 6,243
Investments 6 100 100
200,434 226,843
CURRENT ASSETS
Debtors 7 60,350 22,592
Cash at bank and in hand 17,998 4,272
78,348 26,864
Creditors: Amounts Falling Due Within One Year 8 (275,185 ) (222,003 )
NET CURRENT ASSETS (LIABILITIES) (196,837 ) (195,139 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,597 31,704
PROVISIONS FOR LIABILITIES
Deferred Taxation (823 ) -
NET ASSETS 2,774 31,704
CAPITAL AND RESERVES
Called up share capital 9 217 217
Profit and Loss Account 2,557 31,487
SHAREHOLDERS' FUNDS 2,774 31,704
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For the year ending 31 December 2023 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 Roland
Director
27/11/2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Stryve Atticus Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13764398 . The registered office is 74 Wells Street, London, W1T 3QQ.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. 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 25% Staight Line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. 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.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 5)
3 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 245,000
As at 31 December 2023 245,000
Amortisation
As at 1 January 2023 24,500
Provided during the period 24,500
As at 31 December 2023 49,000
Net Book Value
As at 31 December 2023 196,000
As at 1 January 2023 220,500
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2023 7,795
Additions 54
As at 31 December 2023 7,849
Depreciation
As at 1 January 2023 1,552
Provided during the period 1,963
As at 31 December 2023 3,515
Net Book Value
As at 31 December 2023 4,334
As at 1 January 2023 6,243
6. Investments
Subsidiaries
£
Cost
As at 1 January 2023 100
As at 31 December 2023 100
Provision
As at 1 January 2023 -
As at 31 December 2023 -
...CONTINUED
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Net Book Value
As at 31 December 2023 100
As at 1 January 2023 100
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 59,675 20,779
Amounts owed by participating interests 458 -
Other debtors 217 1,813
60,350 22,592
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 13,229 3,173
Amounts owed to group undertakings 213,236 185,054
Amounts owed to participating interests 15,804 -
Other creditors 8,151 8,040
Taxation and social security 24,765 25,736
275,185 222,003
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 217 217
10. Related Party Transactions
The transactions entered into,  and balances owed to/from related parties who are not wholly owned group companies are as follows:
Stryve Atticus Limited ROISubsidiaryAmounts due to related party £45,327 (2022: £9,591)

Stryve Atticus Limited ROI

Subsidiary

Amounts due to related party £45,327 (2022: £9,591)

Titan Technology Solutions LimitedAffiliatedSales £nil (2022: £116,294). Amounts due to related party £1,873 (2022: £nil).

Titan Technology Solutions Limited

Affiliated

Sales £nil (2022: £116,294). Amounts due to related party £1,873 (2022: £nil).

Stryve Secure LimitedAffiliatedAmount due from related party £458 (2022: £nil).

Stryve Secure Limited

Affiliated

Amount due from related party £458 (2022: £nil).

Titan Technology Holdings LimitedParentManagement charges of £352 (2022: £nil). Amount due to related party £167,908 (2022: £139,839).

Titan Technology Holdings Limited

Parent

Management charges of £352 (2022: £nil). Amount due to related party £167,908 (2022: £139,839).

Suredatum LimitedCommon controlPurchases of £39,750 (2022: £Nil). Amount due to related party £Nil (2022: £Nil).
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Suredatum Limited

Common control

Purchases of £39,750 (2022: £Nil). Amount due to related party £Nil (2022: £Nil).

Atticus Creative LimitedCommon controlSales £nil (2022: £81,310). Expenses £nil (2022: £50,631). Amount due to related party £12,092 (2022: £32,624).

Atticus Creative Limited

Common control

Sales £nil (2022: £81,310). Expenses £nil (2022: £50,631). Amount due to related party £12,092 (2022: £32,624).

Stryve MoroccoCommon controlExpenses £nil (2022: £26,271). Amount due to related party £1,838 (2022: £3,000).

Stryve Morocco

Common control

Expenses £nil (2022: £26,271). Amount due to related party £1,838 (2022: £3,000).

The balance owed to Titan Technology Holdings Limited is unsecured and repayable on demand.
The balance owed to Atticus Creative Limited represents the balance of consideration payable upon aquisition of a business by the company.
11. Parent Undertaking and Controlling Party
The company's immediate and parent undertaking is Titan Technology Holdings Limited . Titan Technology Holdings Limited was incorporated in Republic of Ireland.  The controlling party is Titan Technology Holdings Limited who controls 70% of the shares of Stryve Atticus Limited .
12. Subsidiary Undertakings
The following was a subsidiary undertaking of the company:
Name                                           
Stryve Atticus Limited
Registered office
Unit 3,  Southcourt,  Wexford Road Business Park,  Carlow,  Ireland
Class of shares
Ordinary
Holding
100%
Stryve Atticus Limited owns 100% of Stryve Atticus Limited IRO. The company is exempt from preparing consolidated financial statements under section 398 of the Companies Act 2006, as it qualifies as a small group.
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