Acorah Software Products - Accounts Production 16.1.200 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 08859878 Mr Ross Robens iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08859878 2023-07-31 08859878 2024-07-31 08859878 2023-08-01 2024-07-31 08859878 frs-core:Non-currentFinancialInstruments 2024-07-31 08859878 frs-core:ComputerEquipment 2023-08-01 2024-07-31 08859878 frs-core:ShareCapital 2024-07-31 08859878 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 08859878 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08859878 frs-bus:AbridgedAccounts 2023-08-01 2024-07-31 08859878 frs-bus:SmallEntities 2023-08-01 2024-07-31 08859878 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 08859878 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 08859878 frs-bus:Director1 2023-08-01 2024-07-31 08859878 frs-bus:Director1 2023-07-31 08859878 frs-bus:Director1 2024-07-31 08859878 frs-countries:EnglandWales 2023-08-01 2024-07-31 08859878 2022-07-31 08859878 2023-07-31 08859878 2022-08-01 2023-07-31 08859878 frs-core:Non-currentFinancialInstruments 2023-07-31 08859878 frs-core:ShareCapital 2023-07-31 08859878 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 08859878
Totnes Progressive School Ltd
ABRIDGED Financial Statements
For The Year Ended 31 July 2024
Origami SME LLP
Kernyk
15 Fowey Crescent
Callington
Cornwall
PL17 7PJ
Contents
Page
Company Information 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—5
Page 1
Company Information
Director Mr Ross Robens
Company Number 08859878
Registered Office Windmill House
Ashburton Road
Totnes
Devon
TQ9 5JT
Business Windmill House
Ashburton Road
Totnes
TQ9 5JT
Accountants Origami SME LLP
Kernyk
15 Fowey Crescent
Callington
Cornwall
PL17 7PJ
Page 1
Page 2
Abridged Balance Sheet
Registered number: 08859878
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,568 3,852
2,568 3,852
CURRENT ASSETS
Debtors 71,271 51,997
Cash at bank and in hand 5,805 31,098
77,076 83,095
Creditors: Amounts Falling Due Within One Year (559,929 ) (700,131 )
NET CURRENT ASSETS (LIABILITIES) (482,853 ) (617,036 )
TOTAL ASSETS LESS CURRENT LIABILITIES (480,285 ) (613,184 )
Creditors: Amounts Falling Due After More Than One Year (12,601 ) (22,425 )
NET LIABILITIES (492,886 ) (635,609 )
CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Profit and Loss Account (493,886 ) (636,609 )
SHAREHOLDERS' FUNDS (492,886) (635,609)
Page 2
Page 3
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 July 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Ross Robens
Director
25th February 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. General Information
Totnes Progressive School Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08859878 . The registered office is Windmill House, Ashburton Road, Totnes, Devon, TQ9 5JT.
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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 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.
2.4. 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:
Computer Equipment 25% straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 34 (2023: 29)
34 29
4. Tangible Assets
Total
£
Cost
As at 1 August 2023 15,120
As at 31 July 2024 15,120
Depreciation
As at 1 August 2023 11,268
Provided during the period 1,284
As at 31 July 2024 12,552
Net Book Value
As at 31 July 2024 2,568
As at 1 August 2023 3,852
Page 4
Page 5
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
6. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Dale Lockett 384 - - - 384
Mr Ross Robens 20,248 - 6,654 - 13,594
The above loans are unsecured and repayable on demand.
The Loan to Ross Robens has been charged interest at 2%p.a.
7. Related Party Transactions
Profecta Limited
Mr R Robens is a Person of Significant Control to both parties
The company pays rent to Profecta Limited - £69,996 (2023 - £69,996)
The company pays management fees to Profecta Limited - £15,000 (2023 - £11,000)
Profecta Limited have provided loans to the company. The total outstanding at the year end was £206,219 (2023 - £289,268)
Page 5