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 14278186 Mr Wolfgang Reisinger Mr David Seel Mr Gavin Sewell Mr Francis Speight iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14278186 2023-12-31 14278186 2024-12-31 14278186 2024-01-01 2024-12-31 14278186 frs-core:CurrentFinancialInstruments 2024-12-31 14278186 frs-core:ComputerEquipment 2024-12-31 14278186 frs-core:ComputerEquipment 2024-01-01 2024-12-31 14278186 frs-core:ComputerEquipment 2023-12-31 14278186 frs-core:FurnitureFittings 2024-12-31 14278186 frs-core:FurnitureFittings 2024-01-01 2024-12-31 14278186 frs-core:FurnitureFittings 2023-12-31 14278186 frs-core:PlantMachinery 2024-12-31 14278186 frs-core:PlantMachinery 2024-01-01 2024-12-31 14278186 frs-core:PlantMachinery 2023-12-31 14278186 frs-core:ShareCapital 2024-12-31 14278186 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14278186 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14278186 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 14278186 frs-bus:SmallEntities 2024-01-01 2024-12-31 14278186 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14278186 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14278186 frs-bus:Director1 2024-01-01 2024-12-31 14278186 frs-bus:Director2 2024-01-01 2024-12-31 14278186 frs-bus:Director3 2024-01-01 2024-12-31 14278186 frs-bus:Director4 2024-01-01 2024-12-31 14278186 frs-core:CurrentFinancialInstruments 1 2024-12-31 14278186 frs-core:CurrentFinancialInstruments 2 2024-12-31 14278186 frs-countries:EnglandWales 2024-01-01 2024-12-31 14278186 2022-12-31 14278186 2023-12-31 14278186 2023-01-01 2023-12-31 14278186 frs-core:CurrentFinancialInstruments 2023-12-31 14278186 frs-core:ShareCapital 2023-12-31 14278186 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14278186 frs-core:CurrentFinancialInstruments 1 2023-12-31 14278186 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 14278186
Tractive Pet UK Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Smith & Co Accountants Limited
ACCA
Unit G2
Tanfield Lea Business Centre
Stanley
Co Durham
DH9 9DB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14278186
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 74,025 110,313
74,025 110,313
CURRENT ASSETS
Debtors 5 10,795 1,800
Cash at bank and in hand 280,673 281,937
291,468 283,737
Creditors: Amounts Falling Due Within One Year 6 (99,459 ) (108,537 )
NET CURRENT ASSETS (LIABILITIES) 192,009 175,200
TOTAL ASSETS LESS CURRENT LIABILITIES 266,034 285,513
NET ASSETS 266,034 285,513
CAPITAL AND RESERVES
Called up share capital 7 1,000,001 500,001
Profit and Loss Account (733,967 ) (214,488 )
SHAREHOLDERS' FUNDS 266,034 285,513
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
Mr Francis Speight
Director
17/01/2025
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
Tractive Pet UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14278186 . The registered office is Unit 2 Tanfield Lea Industrial Estate North, Tanfield Lea, Stanley, DH9 9DB.
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:
Plant & Machinery 33% Straight Line
Fixtures & Fittings 33% Straight Line
Computer Equipment 33% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 108,600 178 1,785 110,563
Additions - 295 - 295
As at 31 December 2024 108,600 473 1,785 110,858
Depreciation
As at 1 January 2024 - 54 196 250
Provided during the period 35,838 156 589 36,583
As at 31 December 2024 35,838 210 785 36,833
Net Book Value
As at 31 December 2024 72,762 263 1,000 74,025
As at 1 January 2024 108,600 124 1,589 110,313
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 10,795 1,800
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 13,292 3,505
Other loans - 8,460
Other taxes and social security 14,277 11,361
Other creditors - 23
Client monies 11,610 -
Pension creditor 2,492 -
Accruals and deferred income 57,788 85,188
99,459 108,537
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000,001 500,001
Page 4