Acorah Software Products - Accounts Production 16.0.110 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08445225 Ms Sue Cherington Mr Clive Crouch true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08445225 2023-03-31 08445225 2024-03-31 08445225 2023-04-01 2024-03-31 08445225 frs-core:CurrentFinancialInstruments 2024-03-31 08445225 frs-core:PlantMachinery 2024-03-31 08445225 frs-core:PlantMachinery 2023-04-01 2024-03-31 08445225 frs-core:PlantMachinery 2023-03-31 08445225 frs-core:WithinOneYear 2024-03-31 08445225 frs-core:ShareCapital 2024-03-31 08445225 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08445225 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08445225 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08445225 frs-bus:SmallEntities 2023-04-01 2024-03-31 08445225 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08445225 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08445225 1 2023-04-01 2024-03-31 08445225 frs-bus:Director1 2023-04-01 2024-03-31 08445225 frs-bus:Director2 2023-04-01 2024-03-31 08445225 frs-countries:EnglandWales 2023-04-01 2024-03-31 08445225 2022-03-31 08445225 2023-03-31 08445225 2022-04-01 2023-03-31 08445225 frs-core:CurrentFinancialInstruments 2023-03-31 08445225 frs-core:WithinOneYear 2023-03-31 08445225 frs-core:ShareCapital 2023-03-31 08445225 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08445225
Total Practice Management Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08445225
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 243 323
243 323
CURRENT ASSETS
Debtors 5 105,498 79,275
Cash at bank and in hand 203,457 207,422
308,955 286,697
Creditors: Amounts Falling Due Within One Year 6 (260,786 ) (222,321 )
NET CURRENT ASSETS (LIABILITIES) 48,169 64,376
TOTAL ASSETS LESS CURRENT LIABILITIES 48,412 64,699
PROVISIONS FOR LIABILITIES
Deferred Taxation (46 ) (61 )
NET ASSETS 48,366 64,638
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 48,266 64,538
SHAREHOLDERS' FUNDS 48,366 64,638
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 Profit and Loss Account.
On behalf of the board
Ms Sue Cherington
Director
2nd December 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Total Practice Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08445225 . The registered office is Moulsham Mill Business Centre, Parkway, Chelmsford, England, CM2 7PX.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
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. Going Concern Disclosure
The directors' have provided assurances to the company that such additional funding as may be required to meet normal working capital requirements within the next twelve months from the date of approval of these financial statements will be made available and that the directors' will not be repaid in such a way as to detract from the company's ability to meet its other creditors and liabilities. On this basis the directors' consider it appropriate to prepare the financial statements on a going concern basis. Should this basis prove to be inappropriate the accounts would require adjustments to be made to reduce the value of assets to their recoverable amount, to provide for further liabilities which might arise and to reclassify fixed assets as current assets. 
2.3. 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 rendering of services.
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% reducing balance
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 year 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 asset reflects 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. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 9)
8 9
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 4,128
As at 31 March 2024 4,128
Depreciation
As at 1 April 2023 3,805
Provided during the period 80
As at 31 March 2024 3,885
Net Book Value
As at 31 March 2024 243
As at 1 April 2023 323
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 29,465 18,321
Other debtors 76,033 60,954
105,498 79,275
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 246,504 204,151
Taxation and social security 14,282 18,170
260,786 222,321
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 1,235 1,100
1,235 1,100
Page 4
Page 5
9. Related Party Transactions
Mr C CrouchDirectorInterest free loan from the related party of £18,926 (2023: £18,926) payable on demand.

Mr C Crouch

Director

Interest free loan from the related party of £18,926 (2023: £18,926) payable on demand.

10. Ultimate Controlling Party
The ultimate controlling party was Ms S Cherington due to her majority shareholding.
Page 5