Acorah Software Products - Accounts Production 16.2.850 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 07027408 Ms Debbie Faulkner Mrs D Hill true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07027408 2023-09-30 07027408 2024-09-30 07027408 2023-10-01 2024-09-30 07027408 frs-core:CurrentFinancialInstruments 2024-09-30 07027408 frs-core:BetweenOneFiveYears 2024-09-30 07027408 frs-core:ComputerEquipment 2024-09-30 07027408 frs-core:ComputerEquipment 2023-10-01 2024-09-30 07027408 frs-core:ComputerEquipment 2023-09-30 07027408 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 07027408 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07027408 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 07027408 frs-core:WithinOneYear 2024-09-30 07027408 frs-core:ShareCapital 2024-09-30 07027408 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07027408 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07027408 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 07027408 frs-bus:SmallEntities 2023-10-01 2024-09-30 07027408 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07027408 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07027408 1 2023-10-01 2024-09-30 07027408 frs-bus:Director1 2023-10-01 2024-09-30 07027408 frs-countries:EnglandWales 2023-10-01 2024-09-30 07027408 2022-09-30 07027408 2023-09-30 07027408 2022-10-01 2023-09-30 07027408 frs-core:CurrentFinancialInstruments 2023-09-30 07027408 frs-core:BetweenOneFiveYears 2023-09-30 07027408 frs-core:WithinOneYear 2023-09-30 07027408 frs-core:ShareCapital 2023-09-30 07027408 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 07027408
Tooth Fairies Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07027408
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,271 15,807
12,271 15,807
CURRENT ASSETS
Debtors 5 45,617 48,909
Cash at bank and in hand 1,725 70,590
47,342 119,499
Creditors: Amounts Falling Due Within One Year 6 (54,759 ) (84,274 )
NET CURRENT ASSETS (LIABILITIES) (7,417 ) 35,225
TOTAL ASSETS LESS CURRENT LIABILITIES 4,854 51,032
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,444 ) (2,477 )
NET ASSETS 2,410 48,555
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account 1,410 47,555
SHAREHOLDERS' FUNDS 2,410 48,555
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Page 2
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Debbie Faulkner
Director
3 April 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Tooth Fairies Limited Registered number 07027408 is a limited by shares company incorporated in England & Wales. The Registered Office is 20 Capital Business Park, Wentloog, Cardiff, South Glamorgan, CF3 2PY.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 10% reducing balance
Computer Equipment 25% reducing balance
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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 year 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 11 8
11 8
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4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 4,630 30,496 35,126
As at 30 September 2024 4,630 30,496 35,126
Depreciation
As at 1 October 2023 1,860 17,459 19,319
Provided during the period 277 3,259 3,536
As at 30 September 2024 2,137 20,718 22,855
Net Book Value
As at 30 September 2024 2,493 9,778 12,271
As at 1 October 2023 2,770 13,037 15,807
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 41,884 44,377
Other debtors 3,733 4,532
45,617 48,909
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 6,873
Other creditors 13,608 3,206
Taxation and social security 41,151 74,195
54,759 84,274
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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8. Other Commitments
At the end of the period the company had annual commitments under non-cancellable operating leases as follows:
2024 2023
£ £
Not later than one year 17,834 12,528
Later than one year and not later than five years 12,589 11,296
30,423 23,824
9. Ultimate Controlling Party
The company's ultimate controlling party is Mrs D Hill by virtue of her ownership of 98% of the issued share capital in the company.
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