Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 04720940 C P Davis C H Crawford Landpac Ground Improvements Technologies Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04720940 2023-06-30 04720940 2024-06-30 04720940 2023-07-01 2024-06-30 04720940 frs-core:CurrentFinancialInstruments 2024-06-30 04720940 frs-core:Non-currentFinancialInstruments 2024-06-30 04720940 frs-core:BetweenOneFiveYears 2024-06-30 04720940 frs-core:MotorVehicles 2024-06-30 04720940 frs-core:MotorVehicles 2023-07-01 2024-06-30 04720940 frs-core:MotorVehicles 2023-06-30 04720940 frs-core:PlantMachinery 2024-06-30 04720940 frs-core:PlantMachinery 2023-07-01 2024-06-30 04720940 frs-core:PlantMachinery 2023-06-30 04720940 frs-core:WithinOneYear 2024-06-30 04720940 frs-core:ShareCapital 2024-06-30 04720940 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 04720940 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04720940 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 04720940 frs-bus:SmallEntities 2023-07-01 2024-06-30 04720940 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 04720940 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04720940 1 2023-07-01 2024-06-30 04720940 frs-bus:Director1 2023-07-01 2024-06-30 04720940 frs-bus:Director2 2023-07-01 2024-06-30 04720940 frs-core:CurrentFinancialInstruments 5 2024-06-30 04720940 frs-countries:EnglandWales 2023-07-01 2024-06-30 04720940 2022-06-30 04720940 2023-06-30 04720940 2022-07-01 2023-06-30 04720940 frs-core:CurrentFinancialInstruments 2023-06-30 04720940 frs-core:Non-currentFinancialInstruments 2023-06-30 04720940 frs-core:BetweenOneFiveYears 2023-06-30 04720940 frs-core:MotorVehicles 2022-07-01 2023-06-30 04720940 frs-core:WithinOneYear 2023-06-30 04720940 frs-core:ShareCapital 2023-06-30 04720940 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 04720940 frs-core:CurrentFinancialInstruments 5 2023-06-30
Registered number: 04720940
Tarraig Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04720940
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 82,644 118,003
82,644 118,003
CURRENT ASSETS
Stocks 5 7,279 8,887
Debtors 6 47,992 9,776
Cash at bank and in hand 5 16,949
55,276 35,612
Creditors: Amounts Falling Due Within One Year 7 (58,176 ) (47,375 )
NET CURRENT ASSETS (LIABILITIES) (2,900 ) (11,763 )
TOTAL ASSETS LESS CURRENT LIABILITIES 79,744 106,240
Creditors: Amounts Falling Due After More Than One Year 8 (35,649 ) (66,236 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,702 ) (22,421 )
NET ASSETS 28,393 17,583
CAPITAL AND RESERVES
Called up share capital 11 3 3
Profit and Loss Account 28,390 17,580
SHAREHOLDERS' FUNDS 28,393 17,583
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Page 2
For the year ending 30 June 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
C P Davis
Director
27 August 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Tarraig Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04720940 . The registered office is Devonshire House, 582 Honeypot Lane, Stanmore, Middlesex, HA7 1JS.
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.
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 25% on cost
Motor Vehicles 25% on reducing balance
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. 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 tax expense for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date.
Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3. Average Number of Employees
Average number of employees during the year was as follows: NIL (2023: NIL)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 July 2023 319,750 108,375 428,125
As at 30 June 2024 319,750 108,375 428,125
Depreciation
As at 1 July 2023 270,083 40,039 310,122
Provided during the period 19,000 16,359 35,359
As at 30 June 2024 289,083 56,398 345,481
Net Book Value
As at 30 June 2024 30,667 51,977 82,644
As at 1 July 2023 49,667 68,336 118,003
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 40,924 54,565
5. Stocks
2024 2023
£ £
Stock 7,279 8,887
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 46,799 8,583
Prepayments and accrued income 1,193 1,193
47,992 9,776
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 15,586 17,440
Trade creditors 19,201 1,527
Corporation tax - 4,902
VAT 3,689 3,906
Accruals 19,700 19,600
58,176 47,375
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,649 20,236
Amounts owed to parent undertaking 31,000 46,000
35,649 66,236
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 20,235 37,676
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 15,586 17,440
Later than one year and not later than five years 4,649 20,236
20,235 37,676
20,235 37,676
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
12. Ultimate Controlling Party
The company's ultimate controlling party is Landpac Ground Improvements Technologies Limited by virtue of his ownership of 100% of the issued share capital in the group.
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