Acorah Software Products - Accounts Production 16.3.350 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 11210347 E Barker A Clifton N Romaniw true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11210347 2024-02-29 11210347 2025-02-28 11210347 2024-03-01 2025-02-28 11210347 frs-core:CurrentFinancialInstruments 2025-02-28 11210347 frs-core:ComputerEquipment 2025-02-28 11210347 frs-core:ComputerEquipment 2024-03-01 2025-02-28 11210347 frs-core:ComputerEquipment 2024-02-29 11210347 frs-core:FurnitureFittings 2025-02-28 11210347 frs-core:FurnitureFittings 2024-03-01 2025-02-28 11210347 frs-core:FurnitureFittings 2024-02-29 11210347 frs-core:PlantMachinery 2025-02-28 11210347 frs-core:PlantMachinery 2024-03-01 2025-02-28 11210347 frs-core:PlantMachinery 2024-02-29 11210347 frs-core:ShareCapital 2025-02-28 11210347 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 11210347 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11210347 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 11210347 frs-bus:SmallEntities 2024-03-01 2025-02-28 11210347 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 11210347 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 11210347 1 2024-03-01 2025-02-28 11210347 frs-core:UnlistedNon-exchangeTraded 2025-02-28 11210347 frs-core:UnlistedNon-exchangeTraded 2024-02-29 11210347 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-02-29 11210347 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-02-28 11210347 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-29 11210347 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-02-28 11210347 frs-bus:Director1 2024-03-01 2025-02-28 11210347 frs-bus:Director2 2024-03-01 2025-02-28 11210347 frs-bus:Director3 2024-03-01 2025-02-28 11210347 frs-countries:EnglandWales 2024-03-01 2025-02-28 11210347 2023-02-28 11210347 2024-02-29 11210347 2023-03-01 2024-02-29 11210347 frs-core:CurrentFinancialInstruments 2024-02-29 11210347 frs-core:ShareCapital 2024-02-29 11210347 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 11210347
Tower Geomatics Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11210347
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,086 145
Investments 5 1,500 1,500
4,586 1,645
CURRENT ASSETS
Debtors 6 27,441 60,663
Cash at bank and in hand 42,406 65,629
69,847 126,292
Creditors: Amounts Falling Due Within One Year 7 (33,173 ) (56,145 )
NET CURRENT ASSETS (LIABILITIES) 36,674 70,147
TOTAL ASSETS LESS CURRENT LIABILITIES 41,260 71,792
NET ASSETS 41,260 71,792
CAPITAL AND RESERVES
Called up share capital 3 3
Profit and Loss Account 41,257 71,789
SHAREHOLDERS' FUNDS 41,260 71,792
For the year ending 28 February 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
E Barker
Director
28th May 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
Tower Geomatics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11210347 . The registered office is 18-20 The Ropewalk, Nottingham, NG1 5DT.
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.
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:
Plant & Machinery 20% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 33% on cost
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2024 12,725 533 5,344 18,602
Additions 1,500 - 2,860 4,360
As at 28 February 2025 14,225 533 8,204 22,962
Depreciation
As at 1 March 2024 12,725 533 5,199 18,457
Provided during the period 150 - 1,269 1,419
As at 28 February 2025 12,875 533 6,468 19,876
Net Book Value
As at 28 February 2025 1,350 - 1,736 3,086
As at 1 March 2024 - - 145 145
Page 2
Page 3
5. Investments
Unlisted
£
Cost
As at 1 March 2024 1,500
As at 28 February 2025 1,500
Provision
As at 1 March 2024 -
As at 28 February 2025 -
Net Book Value
As at 28 February 2025 1,500
As at 1 March 2024 1,500
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 27,438 60,660
Other debtors 3 3
27,441 60,663
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 3,817 11,839
Corporation tax 16,989 -
Taxation and social security 9,224 41,850
Other creditors 3,143 2,456
33,173 56,145
8. Ultimate Controlling Party
The company is controlled by the directors.
Page 3