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 12744994 Ms Isra Al Kassi Ms Angela Moneke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12744994 2023-07-31 12744994 2024-07-31 12744994 2023-08-01 2024-07-31 12744994 frs-core:CurrentFinancialInstruments 2024-07-31 12744994 frs-core:ComputerEquipment 2024-07-31 12744994 frs-core:ComputerEquipment 2023-08-01 2024-07-31 12744994 frs-core:ComputerEquipment 2023-07-31 12744994 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12744994 frs-bus:CompanyLimitedByGuarantee 2023-08-01 2024-07-31 12744994 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12744994 frs-bus:SmallEntities 2023-08-01 2024-07-31 12744994 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12744994 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12744994 frs-bus:Director1 2023-08-01 2024-07-31 12744994 frs-bus:Director2 2023-08-01 2024-07-31 12744994 frs-countries:EnglandWales 2023-08-01 2024-07-31 12744994 2022-07-31 12744994 2023-07-31 12744994 2022-08-01 2023-07-31 12744994 frs-core:CurrentFinancialInstruments 2023-07-31 12744994 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12744994
t a p e Collective Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Harris Accountancy Services Limited
Cobalt Square
83 Hagley Road
Birmingham
B16 8QG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12744994
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 335 669
335 669
CURRENT ASSETS
Debtors 5 26,500 5,913
Cash at bank and in hand 6,563 952
33,063 6,865
Creditors: Amounts Falling Due Within One Year 6 (21,642 ) (14,580 )
NET CURRENT ASSETS (LIABILITIES) 11,421 (7,715 )
TOTAL ASSETS LESS CURRENT LIABILITIES 11,756 (7,046 )
NET ASSETS/(LIABILITIES) 11,756 (7,046 )
Income and Expenditure Account 11,756 (7,046 )
MEMBERS' FUNDS 11,756 (7,046)
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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 Income and Expenditure Account.
On behalf of the board
Ms Isra Al Kassi
Director
06/03/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
t a p e Collective Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 12744994 . The registered office is 45 Fairview Road, London, SW16 5PX.
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 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:
Computer Equipment 25% straight line
2.4. Grants
Grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned.
All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2023 1,339
As at 31 July 2024 1,339
Depreciation
As at 1 August 2023 670
Provided during the period 334
As at 31 July 2024 1,004
Net Book Value
As at 31 July 2024 335
As at 1 August 2023 669
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 26,500 -
Other debtors - 5,913
26,500 5,913
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 13,346 -
Other taxes and social security 358 -
Other creditors 99 -
Accruals and deferred income 900 2,280
Directors' loan accounts 6,939 12,300
21,642 14,580
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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