Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 11853009 Mr Tahir Bhatti iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11853009 2023-02-28 11853009 2024-02-28 11853009 2023-03-01 2024-02-28 11853009 frs-core:CurrentFinancialInstruments 2024-02-28 11853009 frs-core:ComputerEquipment 2024-02-28 11853009 frs-core:ComputerEquipment 2023-03-01 2024-02-28 11853009 frs-core:ComputerEquipment 2023-02-28 11853009 frs-core:OtherReservesSubtotal 2024-02-28 11853009 frs-core:ShareCapital 2024-02-28 11853009 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 11853009 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 11853009 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 11853009 frs-bus:SmallEntities 2023-03-01 2024-02-28 11853009 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 11853009 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 11853009 frs-bus:Director1 2023-03-01 2024-02-28 11853009 frs-countries:EnglandWales 2023-03-01 2024-02-28 11853009 2022-02-28 11853009 2023-02-28 11853009 2022-03-01 2023-02-28 11853009 frs-core:CurrentFinancialInstruments 2023-02-28 11853009 frs-core:OtherReservesSubtotal 2023-02-28 11853009 frs-core:ShareCapital 2023-02-28 11853009 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 11853009
TKB SERVICES LTD
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11853009
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 113,700 113,700
113,700 113,700
CURRENT ASSETS
Debtors 5 925,625 925,625
Cash at bank and in hand 429,980 429,979
1,355,605 1,355,604
Creditors: Amounts Falling Due Within One Year 6 (176,742 ) (176,742 )
NET CURRENT ASSETS (LIABILITIES) 1,178,863 1,178,862
TOTAL ASSETS LESS CURRENT LIABILITIES 1,292,563 1,292,562
NET ASSETS 1,292,563 1,292,562
CAPITAL AND RESERVES
Called up share capital 7 2 1
Other reserves 397,744 397,744
Profit and Loss Account 894,817 894,817
SHAREHOLDERS' FUNDS 1,292,563 1,292,562
Page 1
Page 2
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Tahir Bhatti
Director
29/11/2024
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
TKB SERVICES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11853009 . The registered office is 12 Chaple Road, Ilford, Essex, IG1 2AG.
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:
Computer Equipment Computer equipment
3. Average Number of Employees
Average number of employees, including directors, during the year was: 38 (2023: 36)
38 36
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 March 2023 185,000
As at 28 February 2024 185,000
Depreciation
As at 1 March 2023 71,300
As at 28 February 2024 71,300
Net Book Value
As at 28 February 2024 113,700
As at 1 March 2023 113,700
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 925,625 925,625
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 68,950 68,950
Corporation tax 107,792 107,792
176,742 176,742
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 1
Page 4