Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 01385050 Mrs Jane Carpenter Mr Russell Carpenter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01385050 2023-12-31 01385050 2024-12-31 01385050 2024-01-01 2024-12-31 01385050 frs-core:CurrentFinancialInstruments 2024-12-31 01385050 frs-core:Non-currentFinancialInstruments 2024-12-31 01385050 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 01385050 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01385050 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 01385050 frs-core:PlantMachinery 2024-12-31 01385050 frs-core:PlantMachinery 2024-01-01 2024-12-31 01385050 frs-core:PlantMachinery 2023-12-31 01385050 frs-core:ShareCapital 2024-12-31 01385050 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01385050 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01385050 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01385050 frs-bus:SmallEntities 2024-01-01 2024-12-31 01385050 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01385050 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01385050 frs-bus:Director1 2024-01-01 2024-12-31 01385050 frs-bus:Director2 2024-01-01 2024-12-31 01385050 frs-core:CurrentFinancialInstruments 1 2024-12-31 01385050 frs-countries:EnglandWales 2024-01-01 2024-12-31 01385050 2022-12-31 01385050 2023-12-31 01385050 2023-01-01 2023-12-31 01385050 frs-core:CurrentFinancialInstruments 2023-12-31 01385050 frs-core:Non-currentFinancialInstruments 2023-12-31 01385050 frs-core:ShareCapital 2023-12-31 01385050 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 01385050 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 01385050
Trophyland Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01385050
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 209,476 211,148
209,476 211,148
CURRENT ASSETS
Stocks 5 5,000 5,000
Debtors 6 59,037 59,433
Cash at bank and in hand - 1,328
64,037 65,761
Creditors: Amounts Falling Due Within One Year 7 (141,786 ) (99,889 )
NET CURRENT ASSETS (LIABILITIES) (77,749 ) (34,128 )
TOTAL ASSETS LESS CURRENT LIABILITIES 131,727 177,020
Creditors: Amounts Falling Due After More Than One Year 8 (16,390 ) (20,997 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (61,524 ) (61,524 )
NET ASSETS 53,813 94,499
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 53,713 94,399
SHAREHOLDERS' FUNDS 53,813 94,499
Page 1
Page 2
For the year ending 31 December 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
Mrs Jane Carpenter
Director
Mr Russell Carpenter
Director
03/03/2025
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
Trophyland Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01385050 . The registered office is Claymore Church Road, Ramsden Bellhouse, Billericay, Essex, CM11 1RN.
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.
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.
2.3. 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:
Freehold 0%
Plant & Machinery 15% Reducing balance
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 6)
5 6
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 January 2024 200,000 137,645 337,645
As at 31 December 2024 200,000 137,645 337,645
Depreciation
As at 1 January 2024 - 126,497 126,497
Provided during the period - 1,672 1,672
As at 31 December 2024 - 128,169 128,169
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2024 200,000 9,476 209,476
As at 1 January 2024 200,000 11,148 211,148
5. Stocks
2024 2023
£ £
Stock 5,000 5,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,471 9,471
Emblem Wickford 23,904 24,300
Directors' loan accounts 25,662 25,662
59,037 59,433
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 20,018 18,098
Bank loans and overdrafts 30,932 29,979
PAYE 24,042 15,033
VAT 7,612 8,821
Pension 498 502
Accruals and deferred income 700 700
Directors' loan accounts 51,228 20,000
Emblem Wickford LLP 6,756 6,756
141,786 99,889
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce Back Loan 16,390 20,997
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4