Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08186991 MR Tao Zhang iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08186991 2023-08-31 08186991 2024-08-31 08186991 2023-09-01 2024-08-31 08186991 frs-core:CurrentFinancialInstruments 2024-08-31 08186991 frs-core:ComputerEquipment 2024-08-31 08186991 frs-core:ComputerEquipment 2023-09-01 2024-08-31 08186991 frs-core:ComputerEquipment 2023-08-31 08186991 frs-core:FurnitureFittings 2024-08-31 08186991 frs-core:FurnitureFittings 2023-09-01 2024-08-31 08186991 frs-core:FurnitureFittings 2023-08-31 08186991 frs-core:ShareCapital 2024-08-31 08186991 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08186991 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08186991 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08186991 frs-bus:SmallEntities 2023-09-01 2024-08-31 08186991 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08186991 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08186991 frs-bus:Director1 2023-09-01 2024-08-31 08186991 frs-countries:EnglandWales 2023-09-01 2024-08-31 08186991 2022-08-31 08186991 2023-08-31 08186991 2022-09-01 2023-08-31 08186991 frs-core:CurrentFinancialInstruments 2023-08-31 08186991 frs-core:ShareCapital 2023-08-31 08186991 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08186991
T & M Estate Agents Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08186991
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,602 3,200
1,602 3,200
CURRENT ASSETS
Debtors 5 (8,390 ) (6,155 )
Investments 6 (54,537 ) (66,140 )
Cash at bank and in hand 250,353 133,892
187,426 61,597
Creditors: Amounts Falling Due Within One Year 7 (119,571 ) (117,180 )
NET CURRENT ASSETS (LIABILITIES) 67,855 (55,583 )
TOTAL ASSETS LESS CURRENT LIABILITIES 69,457 (52,383 )
NET ASSETS/(LIABILITIES) 69,457 (52,383 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 69,357 (52,483 )
SHAREHOLDERS' FUNDS 69,457 (52,383)
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.
On behalf of the board
MR Tao Zhang
Director
19/05/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
T & M Estate Agents Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08186991 . The registered office is Kemp House, 152 City Road, London, EC1V 2NX.
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:
Fixtures & Fittings 25% at RBM
Computer Equipment 33% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 8,193 1,236 9,429
As at 31 August 2024 8,193 1,236 9,429
Depreciation
As at 1 September 2023 4,993 1,236 6,229
Provided during the period 1,598 - 1,598
As at 31 August 2024 6,591 1,236 7,827
Net Book Value
As at 31 August 2024 1,602 - 1,602
As at 1 September 2023 3,200 - 3,200
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income (10,329 ) (10,329 )
VAT 1,553 1,532
Net wages 386 2,642
(8,390 ) (6,155 )
6. Current Asset Investments
2024 2023
£ £
Short term deposits (54,537 ) (66,140 )
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 913 -
Bank loans and overdrafts 44,676 44,676
Corporation tax 7,238 7,238
Other taxes and social security 2,693 1,215
Accruals and deferred income 1,953 1,953
Director's loan account 62,098 62,098
119,571 117,180
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4