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 12163109 Mr Laughton James Ross iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12163109 2023-08-31 12163109 2024-08-31 12163109 2023-09-01 2024-08-31 12163109 frs-core:CurrentFinancialInstruments 2024-08-31 12163109 frs-core:Non-currentFinancialInstruments 2024-08-31 12163109 frs-core:ComputerEquipment 2024-08-31 12163109 frs-core:ComputerEquipment 2023-09-01 2024-08-31 12163109 frs-core:ComputerEquipment 2023-08-31 12163109 frs-core:FurnitureFittings 2024-08-31 12163109 frs-core:FurnitureFittings 2023-09-01 2024-08-31 12163109 frs-core:FurnitureFittings 2023-08-31 12163109 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 12163109 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 12163109 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 12163109 frs-core:ShareCapital 2024-08-31 12163109 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12163109 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12163109 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12163109 frs-bus:SmallEntities 2023-09-01 2024-08-31 12163109 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12163109 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12163109 frs-bus:Director1 2023-09-01 2024-08-31 12163109 frs-countries:EnglandWales 2023-09-01 2024-08-31 12163109 2022-08-31 12163109 2023-08-31 12163109 2022-09-01 2023-08-31 12163109 frs-core:CurrentFinancialInstruments 2023-08-31 12163109 frs-core:Non-currentFinancialInstruments 2023-08-31 12163109 frs-core:ShareCapital 2023-08-31 12163109 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12163109
Tonbridge Accountants Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Tonbridge Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12163109
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,022 22,360
20,022 22,360
CURRENT ASSETS
Debtors 5 10,599 7,277
Cash at bank and in hand 28,667 32,335
39,266 39,612
Creditors: Amounts Falling Due Within One Year 6 (52,898 ) (35,944 )
NET CURRENT ASSETS (LIABILITIES) (13,632 ) 3,668
TOTAL ASSETS LESS CURRENT LIABILITIES 6,390 26,028
Creditors: Amounts Falling Due After More Than One Year 7 (439 ) (1,034 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,111 ) (1,473 )
NET ASSETS 4,840 23,521
CAPITAL AND RESERVES
Called up share capital 8 100 2
Profit and Loss Account 4,740 23,519
SHAREHOLDERS' FUNDS 4,840 23,521
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 Laughton James Ross
Director
31/05/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Tonbridge Accountants Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12163109 . The registered office is 27 Old Gloucester Street, London, WC1N 3AX.
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 rendering of services is recognised by reference to the stage of completion of the contract, which occurs as follows for the company's various contract types:
  1. Fixed-fee contracts are recognised over time based on the actual service provided to the end of the reporting period as a proportion of the total services to be provided. This is determined based on the actual inputs of time and expenses relative to total expected inputs.
  2. Time-and-materials contracts are recognised over time as services are provided at the fee rate agreed with the client where there is an enforceable right to payment for performance completed to date.
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:
Freehold 6.67% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 33.3% on written down value
2.4. Financial Instruments
The company has chosen to adopt sections 11 and 12 of FRS 102 in respect of financial instruments. Basic financial assets, including trade and other receivables, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. Basic financial liabilities, including trade and other payables, and bank loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
2.5. 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 years 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Cash & cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 21,607 2,197 4,654 28,458
Additions - 176 429 605
As at 31 August 2024 21,607 2,373 5,083 29,063
Depreciation
As at 1 September 2023 2,706 1,073 2,319 6,098
Provided during the period 1,484 586 873 2,943
As at 31 August 2024 4,190 1,659 3,192 9,041
Net Book Value
As at 31 August 2024 17,417 714 1,891 20,022
As at 1 September 2023 18,901 1,124 2,335 22,360
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,958 4,860
Other debtors 1,641 2,417
10,599 7,277
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 847 700
Bank loans and overdrafts 618 633
Other creditors 42,956 31,766
Taxation and social security 8,477 2,845
52,898 35,944
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 439 1,034
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 2
Page 5