Acorah Software Products - Accounts Production 16.1.200 false true false 2 February 2023 29 February 2024 29 February 2024 NI694213 Mr Alexander Thompson Mr William Orr iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI694213 2023-02-01 NI694213 2024-02-29 NI694213 2023-02-02 2024-02-29 NI694213 frs-core:CurrentFinancialInstruments 2024-02-29 NI694213 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-02-02 2024-02-29 NI694213 frs-core:OtherResidualIntangibleAssets 2024-02-29 NI694213 frs-core:OtherResidualIntangibleAssets 2023-02-02 2024-02-29 NI694213 frs-core:OtherResidualIntangibleAssets 2023-02-01 NI694213 frs-core:PlantMachinery 2024-02-29 NI694213 frs-core:PlantMachinery 2023-02-02 2024-02-29 NI694213 frs-core:PlantMachinery 2023-02-01 NI694213 frs-core:ShareCapital 2024-02-29 NI694213 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 NI694213 frs-bus:PrivateLimitedCompanyLtd 2023-02-02 2024-02-29 NI694213 frs-bus:FilletedAccounts 2023-02-02 2024-02-29 NI694213 frs-bus:SmallEntities 2023-02-02 2024-02-29 NI694213 frs-bus:AuditExempt-NoAccountantsReport 2023-02-02 2024-02-29 NI694213 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-02 2024-02-29 NI694213 frs-bus:Director1 2023-02-02 2024-02-29 NI694213 frs-bus:Director2 2023-02-02 2024-02-29 NI694213 frs-countries:NorthernIreland 2023-02-02 2024-02-29
Registered number: NI694213
Torr Fishing Limited
Unaudited Financial Statements
For the Period 2 February 2023 to 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NI694213
29 February 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 105,000
Tangible Assets 5 21,116
126,116
CURRENT ASSETS
Debtors 6 5,204
Cash at bank and in hand 22,002
27,206
Creditors: Amounts Falling Due Within One Year 7 (188,196 )
NET CURRENT ASSETS (LIABILITIES) (160,990 )
TOTAL ASSETS LESS CURRENT LIABILITIES (34,874 )
NET LIABILITIES (34,874 )
CAPITAL AND RESERVES
Called up share capital 8 2
Profit and Loss Account (34,876 )
SHAREHOLDERS' FUNDS (34,874)
Page 1
Page 2
For the period ending 29 February 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
Mr Alexander Thompson
Director
29/10/2024
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
Torr Fishing Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI694213 . The registered office is 25 New Harbour Road, Portavogie, Newtownards, Down, BT22 1EE.
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 - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... 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% RB
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Intangible Assets
Other
£
Cost
As at 2 February 2023 -
Additions 105,000
As at 29 February 2024 105,000
Net Book Value
As at 29 February 2024 105,000
As at 2 February 2023 -
Page 3
Page 4
5. Tangible Assets
Plant & Machinery
£
Cost
As at 2 February 2023 -
Additions 28,155
As at 29 February 2024 28,155
Depreciation
As at 2 February 2023 -
Provided during the period 7,039
As at 29 February 2024 7,039
Net Book Value
As at 29 February 2024 21,116
As at 2 February 2023 -
6. Debtors
29 February 2024
£
Due within one year
Other debtors 5,204
7. Creditors: Amounts Falling Due Within One Year
29 February 2024
£
Trade creditors 3,977
Bank loans and overdrafts 447
Other creditors 183,772
188,196
8. Share Capital
29 February 2024
£
Allotted, Called up and fully paid 2
Page 4