Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 11409139 Mr Jason Lancaster Mr Yvonne Bouman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11409139 2023-07-31 11409139 2024-07-31 11409139 2023-08-01 2024-07-31 11409139 frs-core:CurrentFinancialInstruments 2024-07-31 11409139 frs-core:ComputerEquipment 2024-07-31 11409139 frs-core:ComputerEquipment 2023-08-01 2024-07-31 11409139 frs-core:ComputerEquipment 2023-07-31 11409139 frs-core:MotorVehicles 2024-07-31 11409139 frs-core:MotorVehicles 2023-08-01 2024-07-31 11409139 frs-core:MotorVehicles 2023-07-31 11409139 frs-core:PlantMachinery 2024-07-31 11409139 frs-core:PlantMachinery 2023-08-01 2024-07-31 11409139 frs-core:PlantMachinery 2023-07-31 11409139 frs-core:ShareCapital 2024-07-31 11409139 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 11409139 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11409139 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 11409139 frs-bus:SmallEntities 2023-08-01 2024-07-31 11409139 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 11409139 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 11409139 frs-bus:Director1 2023-08-01 2024-07-31 11409139 frs-bus:Director2 2023-08-01 2024-07-31 11409139 frs-countries:EnglandWales 2023-08-01 2024-07-31 11409139 2022-07-31 11409139 2023-07-31 11409139 2022-08-01 2023-07-31 11409139 frs-core:CurrentFinancialInstruments 2023-07-31 11409139 frs-core:ShareCapital 2023-07-31 11409139 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 11409139
From Tiree Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11409139
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,415 1,701
1,415 1,701
CURRENT ASSETS
Cash at bank and in hand 4,264 5,466
4,264 5,466
Creditors: Amounts Falling Due Within One Year 5 (17,907 ) (17,386 )
NET CURRENT ASSETS (LIABILITIES) (13,643 ) (11,920 )
TOTAL ASSETS LESS CURRENT LIABILITIES (12,228 ) (10,219 )
NET LIABILITIES (12,228 ) (10,219 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (12,328 ) (10,319 )
SHAREHOLDERS' FUNDS (12,228) (10,219)
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 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 Jason Lancaster
Director
Mr Yvonne Bouman
Director
29 January 2025
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
From Tiree Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11409139 . The registered office is Union House, 111 New Union Street, Coventry, CV1 2NT.
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 10% SLM
Motor Vehicles 15% WDV
Computer Equipment 33.33% SLM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 694 1,951 193 2,838
As at 31 July 2024 694 1,951 193 2,838
Depreciation
As at 1 August 2023 214 770 153 1,137
Provided during the period 69 177 40 286
As at 31 July 2024 283 947 193 1,423
Net Book Value
As at 31 July 2024 411 1,004 - 1,415
As at 1 August 2023 480 1,181 40 1,701
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other loans 10,500 10,500
Accruals and deferred income 601 600
Directors' loan accounts 6,806 6,286
17,907 17,386
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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