Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10920538 Catherine Beech David Beech Catherine Western Caedmon Mullin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10920538 2024-03-31 10920538 2025-03-31 10920538 2024-04-01 2025-03-31 10920538 frs-core:CurrentFinancialInstruments 2025-03-31 10920538 frs-core:Non-currentFinancialInstruments 2025-03-31 10920538 frs-core:ComputerEquipment 2025-03-31 10920538 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10920538 frs-core:ComputerEquipment 2024-03-31 10920538 frs-core:ShareCapital 2025-03-31 10920538 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10920538 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10920538 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10920538 frs-bus:SmallEntities 2024-04-01 2025-03-31 10920538 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10920538 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10920538 frs-bus:Director1 2024-04-01 2025-03-31 10920538 frs-bus:Director2 2024-04-01 2025-03-31 10920538 frs-bus:Director3 2024-04-01 2025-03-31 10920538 frs-bus:Director4 2024-04-01 2025-03-31 10920538 frs-countries:EnglandWales 2024-04-01 2025-03-31 10920538 2023-03-31 10920538 2024-03-31 10920538 2023-04-01 2024-03-31 10920538 frs-core:CurrentFinancialInstruments 2024-03-31 10920538 frs-core:Non-currentFinancialInstruments 2024-03-31 10920538 frs-core:ShareCapital 2024-03-31 10920538 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10920538
Truthbrush Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Swift Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10920538
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 303 496
303 496
CURRENT ASSETS
Stocks 5 22,781 31,279
Debtors 6 51,664 38,199
Cash at bank and in hand 12,192 47,384
86,637 116,862
Creditors: Amounts Falling Due Within One Year 7 (16,321 ) (27,183 )
NET CURRENT ASSETS (LIABILITIES) 70,316 89,679
TOTAL ASSETS LESS CURRENT LIABILITIES 70,619 90,175
Creditors: Amounts Falling Due After More Than One Year 8 (3,180 ) (13,212 )
NET ASSETS 67,439 76,963
CAPITAL AND RESERVES
Called up share capital 9 4 4
Profit and Loss Account 67,435 76,959
SHAREHOLDERS' FUNDS 67,439 76,963
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For the year ending 31 March 2025 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
Catherine Beech
Director
07/05/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Truthbrush Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10920538 . The registered office is 50 East Street, Ashburton, Newton Abbot, Devon, TQ13 7AX.
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, excluding discounts, rebates, value added tax and other sales taxes.  Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Computer Equipment 33% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Financial Instruments
Classification
The company holds the following financial instruments:
- Short term trade and other debtors and creditors 
- Cash and bank balances
Recognition and Measurement
The company has chosen to apply the recognition and measurement principles in FRS102.
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the asset expire or substantially all the risk and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undercounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 2,096
As at 31 March 2025 2,096
Depreciation
As at 1 April 2024 1,600
Provided during the period 193
As at 31 March 2025 1,793
Net Book Value
As at 31 March 2025 303
As at 1 April 2024 496
5. Stocks
2025 2024
£ £
Finished goods 22,781 31,279
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,696 1,974
Prepayments and accrued income 915 2,008
Other debtors 1,587 -
Corporation tax recoverable assets 1,694 -
VAT - 1,634
Other taxes and social security - 191
Amounts owed by group undertakings 44,772 32,392
51,664 38,199
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,899 8,491
Bank loans and overdrafts 10,000 11,032
Corporation tax - 2,112
VAT 294 -
Accruals and deferred income 1,545 1,681
Directors' loan accounts 2,583 3,867
16,321 27,183
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 3,180 13,212
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4 4
10. Related Party Transactions
The company loaned funds to Truthbrush LLC, a US company in which Truthbrush Limited is a member. At 31 March 2025 Truthbrush LLC owes Truthbrush Limited £44,772 (2024 - £32,392)
During the year the company received loans from the directors.   At 31 March 2025 the amounts owed by the company to the directors was:
Catherine Beech - £1,236 (2024 - £2,675) 
Catherine Western - £1,347 (2024 - £1,192)
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