Acorah Software Products - Accounts Production 16.1.200 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 05525829 Mr Nicholas Jenkins Mr Nicholas Jenkins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05525829 2023-08-31 05525829 2024-08-31 05525829 2023-09-01 2024-08-31 05525829 frs-core:CurrentFinancialInstruments 2024-08-31 05525829 frs-core:Non-currentFinancialInstruments 2024-08-31 05525829 frs-core:BetweenOneFiveYears 2024-08-31 05525829 frs-core:ComputerEquipment 2024-08-31 05525829 frs-core:ComputerEquipment 2023-09-01 2024-08-31 05525829 frs-core:ComputerEquipment 2023-08-31 05525829 frs-core:MotorVehicles 2024-08-31 05525829 frs-core:MotorVehicles 2023-09-01 2024-08-31 05525829 frs-core:MotorVehicles 2023-08-31 05525829 frs-core:WithinOneYear 2024-08-31 05525829 frs-core:ShareCapital 2024-08-31 05525829 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 05525829 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 05525829 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 05525829 frs-bus:SmallEntities 2023-09-01 2024-08-31 05525829 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 05525829 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 05525829 frs-bus:Director1 2023-09-01 2024-08-31 05525829 frs-bus:Director1 2023-08-31 05525829 frs-bus:Director1 2024-08-31 05525829 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 05525829 frs-countries:EnglandWales 2023-09-01 2024-08-31 05525829 2022-08-31 05525829 2023-08-31 05525829 2022-09-01 2023-08-31 05525829 frs-core:CurrentFinancialInstruments 2023-08-31 05525829 frs-core:Non-currentFinancialInstruments 2023-08-31 05525829 frs-core:BetweenOneFiveYears 2023-08-31 05525829 frs-core:MotorVehicles 2022-09-01 2023-08-31 05525829 frs-core:WithinOneYear 2023-08-31 05525829 frs-core:ShareCapital 2023-08-31 05525829 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 05525829
Total Project Services Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director Mr Nicholas Jenkins
Secretary Mr Nicholas Jenkins
Company Number 05525829
Registered Office Flat 2
108 Southbourne Road
Bournemouth
BH6 3QQ
Accountants Town & Forest
Chartered Accountants & Statutory Auditors
First Floor, New Barnes Mill
Cottonmill Lane
St Albans
AL1 2HA
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Balance Sheet
Registered number: 05525829
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,248 184
19,248 184
CURRENT ASSETS
Debtors 5 59,762 61,801
Cash at bank and in hand 7,747 5,909
67,509 67,710
Creditors: Amounts Falling Due Within One Year 6 (47,555 ) (30,365 )
NET CURRENT ASSETS (LIABILITIES) 19,954 37,345
TOTAL ASSETS LESS CURRENT LIABILITIES 39,202 37,529
Creditors: Amounts Falling Due After More Than One Year 7 (39,028 ) (37,404 )
NET ASSETS 174 125
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 74 25
SHAREHOLDERS' FUNDS 174 125
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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.
On behalf of the board
Mr Nicholas Jenkins
Director
11 April 2025
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Total Project Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05525829 . The registered office is Flat 2, 108 Southbourne Road, Bournemouth, BH6 3QQ.

2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The presentation currency of the financial statements is the Pound Sterling (£).

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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:
Motor Vehicles 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. 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.
2.5. Taxation
Taxation expense represents the sum of the tax currently payable and deferred tax.
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 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 is recognised in respect of all timing difference that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in the tax assessments in periods different from those in which they are recognised in the 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.
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2.6. Trade debtors
Trade debtors are carried at original net invoice amount less an estimate for doubtful debtors. Bad debts are written off when identified. Specific provisions are made against debts whose recovery is considered doubtful.
2.7. Provisions and accruals
Provisions are recognised when there is a present legal or constructive obligation as a result of past events and the amount can be reliably estimated. Provisions are not recognised for future operating losses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 - 333 333
Additions 36,273 - 36,273
Disposals (13,900 ) - (13,900 )
As at 31 August 2024 22,373 333 22,706
Depreciation
As at 1 September 2023 - 149 149
Provided during the period 4,132 46 4,178
Disposals (869 ) - (869 )
As at 31 August 2024 3,263 195 3,458
Net Book Value
As at 31 August 2024 19,110 138 19,248
As at 1 September 2023 - 184 184
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 19,110 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,674 2,184
Prepayments and accrued income 201 5,287
Corporation tax recoverable assets 12,904 8,367
Director's loan account 38,983 25,541
Amounts owed by associates - 20,422
59,762 61,801
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,324 -
Trade creditors 96 -
Bank loans and overdrafts 6,363 6,322
Corporation tax 18,334 18,035
VAT 6,831 4,524
Accruals and deferred income 1,607 1,484
Amounts owed to associates 9,000 -
47,555 30,365
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 7,986 -
Bank loans 31,042 37,404
39,028 37,404
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,324 -
Later than one year and not later than five years 7,986 -
13,310 -
13,310 -
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Nicholas Jenkins 25,541 109,223 (95,781 ) - 38,983
The above loan is unsecured, interest bearing and repayable on demand.
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