Acorah Software Products - Accounts Production 16.3.350 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10765373 Dr M Kalairajah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10765373 2023-05-31 10765373 2024-05-31 10765373 2023-06-01 2024-05-31 10765373 frs-core:CurrentFinancialInstruments 2024-05-31 10765373 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 10765373 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 10765373 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 10765373 frs-core:ShareCapital 2024-05-31 10765373 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10765373 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10765373 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10765373 frs-bus:SmallEntities 2023-06-01 2024-05-31 10765373 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10765373 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10765373 frs-bus:OrdinaryShareClass1 2023-06-01 2024-05-31 10765373 frs-bus:OrdinaryShareClass1 2024-05-31 10765373 frs-bus:Director1 2023-06-01 2024-05-31 10765373 frs-core:CurrentFinancialInstruments 1 2024-05-31 10765373 frs-core:CurrentFinancialInstruments 3 2024-05-31 10765373 frs-core:CurrentFinancialInstruments 4 2024-05-31 10765373 frs-core:CurrentFinancialInstruments 5 2024-05-31 10765373 frs-core:CurrentFinancialInstruments 7 2024-05-31 10765373 frs-countries:EnglandWales 2023-06-01 2024-05-31 10765373 2022-05-31 10765373 2023-05-31 10765373 2022-06-01 2023-05-31 10765373 frs-core:CurrentFinancialInstruments 2023-05-31 10765373 frs-core:ShareCapital 2023-05-31 10765373 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 10765373 frs-bus:OrdinaryShareClass1 2022-06-01 2023-05-31 10765373 frs-core:CurrentFinancialInstruments 1 2023-05-31 10765373 frs-core:CurrentFinancialInstruments 2 2023-05-31 10765373 frs-core:CurrentFinancialInstruments 3 2023-05-31 10765373 frs-core:CurrentFinancialInstruments 4 2023-05-31 10765373 frs-core:CurrentFinancialInstruments 5 2023-05-31 10765373 frs-core:CurrentFinancialInstruments 6 2023-05-31 10765373 frs-core:CurrentFinancialInstruments 7 2023-05-31
Registered number: 10765373
Top Tier Management Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Jerry Singh & Co, Chartered Certified Accountants
Ground Floor, Unit 1, Mulgrave Chambers
26-28 Mulgrave Road
Sutton
Surrey
SM2 6LE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10765373
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,360,333 3,360,333
3,360,333 3,360,333
CURRENT ASSETS
Debtors 5 2,855 43,100
Cash at bank and in hand 29 -
2,884 43,100
Creditors: Amounts Falling Due Within One Year 6 (3,362,972 ) (3,402,831 )
NET CURRENT ASSETS (LIABILITIES) (3,360,088 ) (3,359,731 )
TOTAL ASSETS LESS CURRENT LIABILITIES 245 602
NET ASSETS 245 602
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 145 502
SHAREHOLDERS' FUNDS 245 602
For the year ending 31 May 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
Dr M Kalairajah
Director
28/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Top Tier Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10765373 . The registered office is Ground Floor, Unit 1, Mulgrave Chambers, 26-28 Mulgrave Road, Sutton, Surrey, SM2 6LE.
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. 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: Not depreciated
Leasehold Leasehold Properties
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 June 2023 3,360,333
As at 31 May 2024 3,360,333
Net Book Value
As at 31 May 2024 3,360,333
As at 1 June 2023 3,360,333
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - Fairview Range Ltd - 26,000
Other debtors - Evolution Trading - 17,000
Other debtors - Quantatative Limited 2,755 -
Called up share capital not paid 100 100
2,855 43,100
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 251 (349 )
Other Loans - Secured - Investec 1,013,881 1,013,881
Other creditors - Acorn Accumulation Ltd 45,780 45,780
Other creditors - Martin Tolhurst 14,847 15,447
Other creditors - Evolution Trading 2,219,411 2,221,474
Other creditors Jem Mgt (G/R) 66,332 69,232
Other creditors - Quantatative Ltd - 35,446
Other creditors - Kaymore Enterprise Limited 550 -
Accrual - Accountancy Fees 720 1,920
Director's loan account 1,200 -
3,362,972 3,402,831
7. Share Capital
2024 2023
Allotted, called up but not fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
Page 3