Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 04688162 Mr K Hansson Mrs L Nolan Mr K Hansson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04688162 2023-05-31 04688162 2024-05-31 04688162 2023-06-01 2024-05-31 04688162 frs-core:CurrentFinancialInstruments 2024-05-31 04688162 frs-core:Non-currentFinancialInstruments 2024-05-31 04688162 frs-core:ComputerEquipment 2024-05-31 04688162 frs-core:ComputerEquipment 2023-06-01 2024-05-31 04688162 frs-core:ComputerEquipment 2023-05-31 04688162 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 04688162 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 04688162 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 04688162 frs-core:MotorVehicles 2024-05-31 04688162 frs-core:MotorVehicles 2023-06-01 2024-05-31 04688162 frs-core:MotorVehicles 2023-05-31 04688162 frs-core:PlantMachinery 2024-05-31 04688162 frs-core:PlantMachinery 2023-06-01 2024-05-31 04688162 frs-core:PlantMachinery 2023-05-31 04688162 frs-core:WithinOneYear 2024-05-31 04688162 frs-core:ShareCapital 2024-05-31 04688162 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 04688162 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 04688162 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 04688162 frs-bus:SmallEntities 2023-06-01 2024-05-31 04688162 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 04688162 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 04688162 frs-bus:Director1 2023-06-01 2024-05-31 04688162 frs-bus:Director2 2023-06-01 2024-05-31 04688162 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 04688162 frs-core:CurrentFinancialInstruments 1 2024-05-31 04688162 frs-core:CurrentFinancialInstruments 2 2024-05-31 04688162 frs-countries:EnglandWales 2023-06-01 2024-05-31 04688162 2022-05-31 04688162 2023-05-31 04688162 2022-06-01 2023-05-31 04688162 frs-core:CurrentFinancialInstruments 2023-05-31 04688162 frs-core:Non-currentFinancialInstruments 2023-05-31 04688162 frs-core:WithinOneYear 2023-05-31 04688162 frs-core:ShareCapital 2023-05-31 04688162 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 04688162 frs-core:CurrentFinancialInstruments 1 2023-05-31 04688162 frs-core:CurrentFinancialInstruments 2 2023-05-31
Registered number: 04688162
Total Tots Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
BCS Accountants & Tax Consultants
60 Main Road
Bolton Le Sands
Carnforth
Lancashire
LA5 8DN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04688162
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 214,006 223,893
214,006 223,893
CURRENT ASSETS
Debtors 5 175,488 264,648
Investments 6 27,785 25,071
Cash at bank and in hand 593,656 427,019
796,929 716,738
Creditors: Amounts Falling Due Within One Year 7 (382,957 ) (370,115 )
NET CURRENT ASSETS (LIABILITIES) 413,972 346,623
TOTAL ASSETS LESS CURRENT LIABILITIES 627,978 570,516
Creditors: Amounts Falling Due After More Than One Year 8 (375,996 ) (432,551 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (26,325 ) (26,325 )
NET ASSETS 225,657 111,640
CAPITAL AND RESERVES
Called up share capital 10 23 23
Profit and Loss Account 225,634 111,617
SHAREHOLDERS' FUNDS 225,657 111,640
Page 1
Page 2
For the year ending 31 May 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
Mrs L Nolan
Director
17/12/2024
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
Total Tots Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04688162 . The registered office is 3-1-5 Fitness, Caton Road, Lancaster, Lancashire, LA1 3RA.
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
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows
Freehold 5% straight line
Nursery Equipment 20% straight line
Motor Vehicles 25% reducing balance
Office Equipment 20% straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 72 (2023: 76)
72 76
4. Tangible Assets
Land & Property
Freehold Nursery Equipment Motor Vehicles Office Equipment Total
£ £ £ £ £
Cost
As at 1 June 2023 188,885 151,811 70,500 62,491 473,687
Additions - 34,685 - 653 35,338
As at 31 May 2024 188,885 186,496 70,500 63,144 509,025
Depreciation
As at 1 June 2023 95,229 101,604 17,175 35,786 249,794
Provided during the period 9,445 16,978 13,331 5,471 45,225
As at 31 May 2024 104,674 118,582 30,506 41,257 295,019
Net Book Value
As at 31 May 2024 84,211 67,914 39,994 21,887 214,006
As at 1 June 2023 93,656 50,207 53,325 26,705 223,893
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 13,717 15,376
Other debtors - LCC - 107,501
Other debtors - S455 34,775 34,775
Directors' loan accounts 126,996 106,996
175,488 264,648
6. Current Asset Investments
2024 2023
£ £
Other investments, held for sale 27,785 25,071
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 42,557 50,410
Corporation tax 112,401 85,497
PAYE and NIC 9,988 9,924
Net wages 137 -
Other creditors - credit card 2,761 82
Pension Fund 3,403 3,323
Accruals and deferred income 211,710 220,879
382,957 370,115
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 375,996 432,551
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 42,557 50,410
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 23 23
11. Directors Advances, Credits and Guarantees
At 31 May 2023 the director loan balances repayable to the business were L Nolan £53,500 (2022 - £53,500) and K Hansson £73,500 (2023 - £53,500).
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