Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09122123 Mrs Anne-Marie Murphy Mrs Hannah Read Mr Jamie Read Mr Matthew Craig Simpson Mrs Hannah Read, Mrs Anne-Marie Murphy, Mr Jamie Read and Mr Matthew Simpson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09122123 2023-07-31 09122123 2024-07-31 09122123 2023-08-01 2024-07-31 09122123 frs-core:CurrentFinancialInstruments 2024-07-31 09122123 frs-core:Non-currentFinancialInstruments 2024-07-31 09122123 frs-core:BetweenOneFiveYears 2024-07-31 09122123 frs-core:ComputerEquipment 2024-07-31 09122123 frs-core:ComputerEquipment 2023-08-01 2024-07-31 09122123 frs-core:ComputerEquipment 2023-07-31 09122123 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-01 2024-07-31 09122123 frs-core:FurnitureFittings 2024-07-31 09122123 frs-core:FurnitureFittings 2023-08-01 2024-07-31 09122123 frs-core:FurnitureFittings 2023-07-31 09122123 frs-core:MotorVehicles 2024-07-31 09122123 frs-core:MotorVehicles 2023-08-01 2024-07-31 09122123 frs-core:MotorVehicles 2023-07-31 09122123 frs-core:OtherResidualIntangibleAssets 2024-07-31 09122123 frs-core:OtherResidualIntangibleAssets 2023-08-01 2024-07-31 09122123 frs-core:OtherResidualIntangibleAssets 2023-07-31 09122123 frs-core:WithinOneYear 2024-07-31 09122123 frs-core:CapitalRedemptionReserve 2024-07-31 09122123 frs-core:SharePremium 2024-07-31 09122123 frs-core:ShareCapital 2024-07-31 09122123 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09122123 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09122123 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09122123 frs-bus:SmallEntities 2023-08-01 2024-07-31 09122123 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09122123 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09122123 frs-bus:OrdinaryShareClass2 2023-08-01 2024-07-31 09122123 frs-bus:OrdinaryShareClass2 2024-07-31 09122123 1 2023-08-01 2024-07-31 09122123 frs-bus:Director1 2023-08-01 2024-07-31 09122123 frs-bus:Director2 2023-08-01 2024-07-31 09122123 frs-bus:Director3 2023-08-01 2024-07-31 09122123 frs-bus:Director4 2023-08-01 2024-07-31 09122123 frs-countries:EnglandWales 2023-08-01 2024-07-31 09122123 2022-07-31 09122123 2023-07-31 09122123 2022-08-01 2023-07-31 09122123 frs-core:CurrentFinancialInstruments 2023-07-31 09122123 frs-core:Non-currentFinancialInstruments 2023-07-31 09122123 frs-core:BetweenOneFiveYears 2023-07-31 09122123 frs-core:WithinOneYear 2023-07-31 09122123 frs-core:CapitalRedemptionReserve 2023-07-31 09122123 frs-core:SharePremium 2023-07-31 09122123 frs-core:ShareCapital 2023-07-31 09122123 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 09122123 frs-bus:OrdinaryShareClass2 2022-08-01 2023-07-31
Registered number: 09122123
Tavistock Bow Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Ten Forward Accounting Ltd
Chartered Certified Accountants
Suite 2A, 7th Floor
City Reach, 5 Greenwich View Place
London
E14 9NN
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 09122123
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 13,422 16,458
Tangible Assets 5 42,070 62,425
55,492 78,883
CURRENT ASSETS
Debtors 6 257,907 162,509
Cash at bank and in hand 24,836 121,523
282,743 284,032
Creditors: Amounts Falling Due Within One Year 7 (276,453 ) (273,835 )
NET CURRENT ASSETS (LIABILITIES) 6,290 10,197
TOTAL ASSETS LESS CURRENT LIABILITIES 61,782 89,080
Creditors: Amounts Falling Due After More Than One Year 8 (19,167 ) (42,167 )
NET ASSETS 42,615 46,913
CAPITAL AND RESERVES
Called up share capital 9 9 9
Share premium account 39,525 39,525
Capital redemption reserve 3 3
Income Statement 3,078 7,376
SHAREHOLDERS' FUNDS 42,615 46,913
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Page 2
For the year ending 31 July 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 Income Statement.
On behalf of the board
Mrs Hannah Read
Director
28 April 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Tavistock Bow Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09122123 . The registered office is 1st Floor 21 New Row, Covent Garden, London, WC2N 4LE.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website develpment costs. They are amortised to the  income statement over their estimated economic life of four years.
2.4. 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 20% Straight Line Basis
Fixtures & Fittings 20% Straight Line Basis
Computer Equipment 25% Straight Line Basis
2.5. Leasing and Hire Purchase Contracts
Assets obtained under 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 income statement 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 income statement as incurred.
2.6. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
With respect to client monies held by the Company and the associated liabilities owed either to the clients or third parties, the relevant assets and liabilities are not recognised on the Balance Sheet, due to the company not controlling or benefiting from the cash.
2.7. 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.

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2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
4. Intangible Assets
Other
£
Cost
As at 1 August 2023 25,718
Additions 7,375
As at 31 July 2024 33,093
Amortisation
As at 1 August 2023 9,260
Provided during the period 10,411
As at 31 July 2024 19,671
Net Book Value
As at 31 July 2024 13,422
As at 1 August 2023 16,458
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 29,131 34,052 48,438 111,621
Additions - - 2,385 2,385
As at 31 July 2024 29,131 34,052 50,823 114,006
Depreciation
As at 1 August 2023 11,652 13,621 23,923 49,196
Provided during the period 5,826 6,810 10,104 22,740
As at 31 July 2024 17,478 20,431 34,027 71,936
Net Book Value
As at 31 July 2024 11,653 13,621 16,796 42,070
As at 1 August 2023 17,479 20,431 24,515 62,425
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 149,919 122,807
Prepayments and accrued income 17,617 16,028
Other debtors 13,566 13,938
Directors' loan accounts 76,805 9,736
257,907 162,509
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 60,083 33,135
Corporation tax 110,110 101,171
Other taxes and social security 5,882 4,808
VAT 37,108 57,805
Other creditors 63,270 76,916
276,453 273,835
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 19,167 42,167
On 28 May 2020, the company obtained an unsecured CBILS from Lloyds bank plc  in the sum of £115,000. The loan is repayable over 72 months on a fixed interest rate of 2.5% from the date of the drawdown.
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
888 Ordinary A shares of £ 0.010 each 9 9
The above share capital consists of the following:
Ordinary Class A £0.01 - 888 shares
Ordinary Class C £0.01 - 3 shares
Ordinary Class D £0.01 - 3 shares
Ordinary Class E £0.01 - 3 shares
Ordinary Class F £0.01 - 3 shares
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 14,605 37,763
Later than one year and not later than five years 21,428 36,033
36,033 73,796
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11. Directors Advances, Credits and Guarantees
During the year the directors were advanced £69,505 and repaid £2,436. The balance at the year end is £76,805. This was fully repaid on 25 April 2025.
12. Ultimate Controlling Party
The company's ultimate controlling party are Mrs Hannah Read, Mrs Anne-Marie Murphy, Mr Jamie Read and Mr Matthew Simpson by virtue of each of their ownership of 25% of the issued voting right share capital in the company.
13. Fixed and Floating Charge
On the 13th day of July 2020, Lloyds Bank Plc, registered a fixed and floating charge on the company's assets.
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