Acorah Software Products - Accounts Production 16.1.300 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 8250047 Mr Kandiah Arulampalam true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 8250047 2023-09-30 8250047 2024-09-30 8250047 2023-10-01 2024-09-30 8250047 frs-core:CurrentFinancialInstruments 2024-09-30 8250047 frs-core:Non-currentFinancialInstruments 2024-09-30 8250047 frs-core:ComputerEquipment 2024-09-30 8250047 frs-core:ComputerEquipment 2023-10-01 2024-09-30 8250047 frs-core:ComputerEquipment 2023-09-30 8250047 frs-core:FurnitureFittings 2024-09-30 8250047 frs-core:FurnitureFittings 2023-10-01 2024-09-30 8250047 frs-core:FurnitureFittings 2023-09-30 8250047 frs-core:NetGoodwill 2024-09-30 8250047 frs-core:NetGoodwill 2023-10-01 2024-09-30 8250047 frs-core:NetGoodwill 2023-09-30 8250047 frs-core:ShareCapital 2024-09-30 8250047 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 8250047 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 8250047 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 8250047 frs-bus:SmallEntities 2023-10-01 2024-09-30 8250047 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 8250047 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 8250047 1 2023-10-01 2024-09-30 8250047 frs-bus:Director1 2023-10-01 2024-09-30 8250047 frs-countries:EnglandWales 2023-10-01 2024-09-30 8250047 2022-09-30 8250047 2023-09-30 8250047 2022-10-01 2023-09-30 8250047 frs-core:CurrentFinancialInstruments 2023-09-30 8250047 frs-core:Non-currentFinancialInstruments 2023-09-30 8250047 frs-core:ShareCapital 2023-09-30 8250047 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 8250047
TNS Local Limited
Financial Statements
For The Year Ended 30 September 2024
Tamsons Accounting & Tax Consultancy Ltd
Financial Accountants'
53-55 College Road
Bromley
Kent
BR1 3QG
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director Mr Kandiah Arulampalam
Company Number 8250047
Registered Office 79 Upper Dane Road
Margate
Kent
CT9 2LX
Business 70-72 UPPER DANE ROAD
MARGATE
KENT
CT9 2LX
Accountants Tamsons Accounting & Tax Consultancy Ltd
Financial Accountants'
53-55 College Road
Bromley
Kent
BR1 3QG
Page 1
Page 2
Balance Sheet
Registered number: 8250047
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 130,000 130,000
Tangible Assets 5 17,830 20,395
147,830 150,395
CURRENT ASSETS
Stocks 6 258,655 255,450
Cash at bank and in hand 12,246 2,052
270,901 257,502
Creditors: Amounts Falling Due Within One Year 7 (219,082 ) (210,132 )
NET CURRENT ASSETS (LIABILITIES) 51,819 47,370
TOTAL ASSETS LESS CURRENT LIABILITIES 199,649 197,765
Creditors: Amounts Falling Due After More Than One Year 8 (29,246 ) (50,447 )
NET ASSETS 170,403 147,318
CAPITAL AND RESERVES
Called up share capital 9 50 50
Profit and Loss Account 170,353 147,268
SHAREHOLDERS' FUNDS 170,403 147,318
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For the year ending 30 September 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 Profit and Loss Account.
On behalf of the board
Mr Kandiah Arulampalam
Director
01/01/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
TNS Local Limited Registered number 8250047 is a limited by shares company incorporated in England & Wales. The Registered Office is 79 Upper Dane Road, Margate, Kent, CT9 2LX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. 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 stated at cost less depreciation. 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:
Fixtures & Fittings 20@ WDV
Computer Equipment 20% WDV
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 9)
12 9
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2023 130,000
As at 30 September 2024 130,000
Net Book Value
As at 30 September 2024 130,000
As at 1 October 2023 130,000
Goodwill TNS News £80,000 & TNS LTD(70-72 Upper Dane Rd) £50000
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5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 33,000 9,134 42,134
Additions 1,349 - 1,349
As at 30 September 2024 34,349 9,134 43,483
Depreciation
As at 1 October 2023 14,805 6,934 21,739
Provided during the period 3,518 396 3,914
As at 30 September 2024 18,323 7,330 25,653
Net Book Value
As at 30 September 2024 16,026 1,804 17,830
As at 1 October 2023 18,195 2,200 20,395
6. Stocks
2024 2023
£ £
Materials 258,655 255,450
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 44,206 44,857
Bank loans and overdrafts - 699
Corporation tax 13,808 8,397
Other taxes and social security 4,582 2,077
VAT 6,699 4,186
Other creditors 3,600 6,605
Director's loan account 146,187 143,311
219,082 210,132
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans -BBL 29,246 50,447
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 50 50
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
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11. Ultimate Controlling Party
The company's ultimate controlling party is Mr K Arulampalam by virtue of his ownership of 100% of the issued share capital in the company.
Page 6