Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08307403 Mrs Claire Sharpe Mr Trevor Sharpe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08307403 2023-08-31 08307403 2024-08-31 08307403 2023-09-01 2024-08-31 08307403 frs-core:CurrentFinancialInstruments 2024-08-31 08307403 frs-core:Non-currentFinancialInstruments 2024-08-31 08307403 frs-core:ShareCapital 2024-08-31 08307403 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08307403 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08307403 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08307403 frs-bus:SmallEntities 2023-09-01 2024-08-31 08307403 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08307403 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08307403 frs-core:CostValuation 2023-08-31 08307403 frs-core:CostValuation 2024-08-31 08307403 frs-core:ProvisionsForImpairmentInvestments 2023-08-31 08307403 frs-core:ProvisionsForImpairmentInvestments 2024-08-31 08307403 frs-bus:Director1 2023-09-01 2024-08-31 08307403 frs-bus:Director1 2023-08-31 08307403 frs-bus:Director1 2024-08-31 08307403 frs-bus:Director2 2023-09-01 2024-08-31 08307403 frs-bus:Director2 2023-08-31 08307403 frs-bus:Director2 2024-08-31 08307403 frs-countries:EnglandWales 2023-09-01 2024-08-31 08307403 2022-08-31 08307403 2023-08-31 08307403 2022-09-01 2023-08-31 08307403 frs-core:CurrentFinancialInstruments 2023-08-31 08307403 frs-core:Non-currentFinancialInstruments 2023-08-31 08307403 frs-core:ShareCapital 2023-08-31 08307403 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08307403
T&C Sharpe Management Services Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08307403
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 600 600
600 600
CURRENT ASSETS
Debtors 5 12,608 15,533
Cash at bank and in hand 14,077 9,478
26,685 25,011
Creditors: Amounts Falling Due Within One Year 6 (24,521 ) (19,443 )
NET CURRENT ASSETS (LIABILITIES) 2,164 5,568
TOTAL ASSETS LESS CURRENT LIABILITIES 2,764 6,168
Creditors: Amounts Falling Due After More Than One Year 7 (2,584 ) (5,438 )
NET ASSETS 180 730
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 80 630
SHAREHOLDERS' FUNDS 180 730
Page 1
Page 2
For the year ending 31 August 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 Trevor Sharpe
Director
6 March 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
T&C Sharpe Management Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08307403 . The registered office is 24 Picton House, Hussar Court, Waterlooville, Hampshire, PO7 7SQ.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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. Significant judgements and estimations
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.
Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.
2.3. Turnover
Turnover represents sales of services, excluding value added tax.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
2.5. Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Subsidiaries
£
Cost
As at 1 September 2023 600
As at 31 August 2024 600
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 600
As at 1 September 2023 600
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,042 10,042
Other debtors 2,566 5,491
12,608 15,533
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 19 (162 )
Bank loans and overdrafts 3,046 3,196
Amounts owed to group undertakings 6,575 5,542
Other creditors 1,071 1,020
Taxation and social security 13,810 9,847
24,521 19,443
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,584 5,438
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans from directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mrs Claire Sharpe 1,992 39,633 (39,682 ) - 1,943
Mr Trevor Sharpe 1,992 26,250 (26,626 ) - 1,616
Interim dividends paid to directors
2024 2023
£ £
Mrs Claire Sharpe 26,800 26,500
Mr Trevor Sharpe 15,800 13,500
Page 4