Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 02959426 Mr Michael Fox iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02959426 2023-08-31 02959426 2024-08-31 02959426 2023-09-01 2024-08-31 02959426 frs-core:Non-currentFinancialInstruments 2024-08-31 02959426 frs-core:ComputerEquipment 2023-09-01 2024-08-31 02959426 frs-core:FurnitureFittings 2023-09-01 2024-08-31 02959426 frs-core:MotorVehicles 2023-09-01 2024-08-31 02959426 frs-core:PlantMachinery 2023-09-01 2024-08-31 02959426 frs-core:CapitalRedemptionReserve 2024-08-31 02959426 frs-core:ShareCapital 2024-08-31 02959426 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 02959426 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 02959426 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 02959426 frs-bus:SmallEntities 2023-09-01 2024-08-31 02959426 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 02959426 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 02959426 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 02959426 frs-bus:OrdinaryShareClass1 2024-08-31 02959426 frs-core:AdditionsToInvestments 2024-08-31 02959426 frs-core:CostValuation 2024-08-31 02959426 frs-bus:Director1 2023-09-01 2024-08-31 02959426 frs-countries:EnglandWales 2023-09-01 2024-08-31 02959426 2022-08-31 02959426 2023-08-31 02959426 2022-09-01 2023-08-31 02959426 frs-core:Non-currentFinancialInstruments 2023-08-31 02959426 frs-core:CapitalRedemptionReserve 2023-08-31 02959426 frs-core:ShareCapital 2023-08-31 02959426 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 02959426 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31
Registered number: 02959426
T And M Cable Services Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—6
Page 1
Abridged Balance Sheet
Registered number: 02959426
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 413,421 472,735
Investments 5 100,000 -
513,421 472,735
CURRENT ASSETS
Debtors 199,613 217,258
Cash at bank and in hand 244,069 417,111
443,682 634,369
Creditors: Amounts Falling Due Within One Year (193,558 ) (203,808 )
NET CURRENT ASSETS (LIABILITIES) 250,124 430,561
TOTAL ASSETS LESS CURRENT LIABILITIES 763,545 903,296
Creditors: Amounts Falling Due After More Than One Year (4,997 ) (45,464 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (99,992 ) (110,473 )
NET ASSETS 658,556 747,359
CAPITAL AND RESERVES
Called up share capital 6 2 2
Capital redemption reserve 2 2
Profit and Loss Account 658,552 747,355
SHAREHOLDERS' FUNDS 658,556 747,359
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Michael Fox
Director
03/04/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
T And M Cable Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02959426 . The registered office is 14 Shepherds Purse Close, Locks Heath, Southampton, Hampshire, SO31 6DF.
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 is revenue earned from the rendering of services.
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 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 10% straight line
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

Future cash flows from hire purchase contracts that have been entered into under interest rates regarded as favourable for current market conditions have been discounted to present value using appropriate rates for the type of agreement. This provides a measurement of the finance expense saved over the course of the contract which is credited to the profit and loss account in full in the year the contractual obligation to the future cash flows arises.
Page 3
Page 4
2.5. Financial Instruments
Fixed-term deposits
Fixed-term savings deposits are recognised when the company enters into the contract for the deposit. Initial measurement is at fair value, which is typically the amount of cash deposited.
Fixed-term savings deposits are classified as financial assets and are measured at amortised cost using the effective interest method. This method allocates interest income over the term of the deposit, reflecting the yield on the investment.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
The average number of persons employed under contracts of service during the year was:  12 (2023: 14)
12 14
Page 4
Page 5
4. Tangible Assets
Total
£
Cost
As at 1 September 2023 1,150,874
Additions 79,290
Disposals (25,245 )
As at 31 August 2024 1,204,919
Depreciation
As at 1 September 2023 678,139
Provided during the period 137,538
Disposals (24,179 )
As at 31 August 2024 791,498
Net Book Value
As at 31 August 2024 413,421
As at 1 September 2023 472,735
Included in motor vehicles are assets held under finance leases or hire purchase contracts with a net book value £151,033 (2023: £201,377).
5. Investments
Total
£
Cost
As at 1 September 2023 -
Additions 100,000
As at 31 August 2024 100,000
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 100,000
As at 1 September 2023 -
All investments represents fixed-term cash deposits accruing interest at a rate of 5.08% pa.  
Page 5
Page 6
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.00 each 2 2
7. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £2,400 (2023: £2,500) were due to the fund. They are included in other taxes and social security.
Page 6