Acorah Software Products - Accounts Production 16.1.200 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12787918 Mr T Edgecox iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12787918 2023-07-31 12787918 2024-07-31 12787918 2023-08-01 2024-07-31 12787918 frs-core:CurrentFinancialInstruments 2024-07-31 12787918 frs-core:Non-currentFinancialInstruments 2024-07-31 12787918 frs-core:BetweenOneFiveYears 2024-07-31 12787918 frs-core:ComputerEquipment 2024-07-31 12787918 frs-core:ComputerEquipment 2023-08-01 2024-07-31 12787918 frs-core:ComputerEquipment 2023-07-31 12787918 frs-core:MotorVehicles 2024-07-31 12787918 frs-core:MotorVehicles 2023-08-01 2024-07-31 12787918 frs-core:MotorVehicles 2023-07-31 12787918 frs-core:PlantMachinery 2024-07-31 12787918 frs-core:PlantMachinery 2023-08-01 2024-07-31 12787918 frs-core:PlantMachinery 2023-07-31 12787918 frs-core:WithinOneYear 2024-07-31 12787918 frs-core:ShareCapital 2024-07-31 12787918 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12787918 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12787918 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12787918 frs-bus:SmallEntities 2023-08-01 2024-07-31 12787918 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12787918 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12787918 frs-bus:Director1 2023-08-01 2024-07-31 12787918 frs-countries:EnglandWales 2023-08-01 2024-07-31 12787918 2022-07-31 12787918 2023-07-31 12787918 2022-08-01 2023-07-31 12787918 frs-core:CurrentFinancialInstruments 2023-07-31 12787918 frs-core:Non-currentFinancialInstruments 2023-07-31 12787918 frs-core:BetweenOneFiveYears 2023-07-31 12787918 frs-core:WithinOneYear 2023-07-31 12787918 frs-core:ShareCapital 2023-07-31 12787918 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12787918
T.P.E. Transportation Ltd
Financial Statements
For The Year Ended 31 July 2024
NJR Accountancy Services Limited
14 Victoria Square
Droitwich Spa
Worcestershire
WR9 8DS
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 12787918
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 39,553 31,754
39,553 31,754
CURRENT ASSETS
Debtors 5 6,624 10,564
Cash at bank and in hand 18,355 15,802
24,979 26,366
Creditors: Amounts Falling Due Within One Year 6 (17,124 ) (16,679 )
NET CURRENT ASSETS (LIABILITIES) 7,855 9,687
TOTAL ASSETS LESS CURRENT LIABILITIES 47,408 41,441
Creditors: Amounts Falling Due After More Than One Year 7 (24,411 ) (12,542 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,386 ) (1,584 )
NET ASSETS 18,611 27,315
CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement 18,609 27,313
SHAREHOLDERS' FUNDS 18,611 27,315
Page 1
Page 2
For the year ending 31 July 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 Income Statement.
On behalf of the board
Mr T Edgecox
Director
24th October 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
T.P.E. Transportation Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12787918 . The registered office is 39 Jacksons Meadow, Bidford-On-Avon, Alcester, B50 4HQ.
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 25% on cost
Motor Vehicles 20% on cost
Computer Equipment 25% on cost
Page 3
Page 4
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 income statement 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 income statement 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 4
Page 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 24,390 26,500 - 50,890
Additions - 23,750 262 24,012
As at 31 July 2024 24,390 50,250 262 74,902
Depreciation
As at 1 August 2023 12,953 6,183 - 19,136
Provided during the period 6,097 10,050 66 16,213
As at 31 July 2024 19,050 16,233 66 35,349
Net Book Value
As at 31 July 2024 5,340 34,017 196 39,553
As at 1 August 2023 11,437 20,317 - 31,754
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,624 10,362
Other debtors - 202
6,624 10,564
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 8,813 4,300
Trade creditors - 52
Other creditors 988 800
Taxation and social security 7,323 11,527
17,124 16,679
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 24,411 12,542
Page 5
Page 6
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,813 4,300
Later than one year and not later than five years 24,411 12,542
33,224 16,842
33,224 16,842
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr T Edgecox 29,000 20,500
Page 6