Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 08147154 Mr Lee Bowerbank Mrs Lisa Bowerbank iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08147154 2023-07-31 08147154 2024-07-31 08147154 2023-08-01 2024-07-31 08147154 frs-core:CurrentFinancialInstruments 2024-07-31 08147154 frs-core:Non-currentFinancialInstruments 2024-07-31 08147154 frs-core:BetweenOneFiveYears 2024-07-31 08147154 frs-core:ComputerEquipment 2024-07-31 08147154 frs-core:ComputerEquipment 2023-08-01 2024-07-31 08147154 frs-core:ComputerEquipment 2023-07-31 08147154 frs-core:FurnitureFittings 2024-07-31 08147154 frs-core:FurnitureFittings 2023-08-01 2024-07-31 08147154 frs-core:FurnitureFittings 2023-07-31 08147154 frs-core:MotorVehicles 2024-07-31 08147154 frs-core:MotorVehicles 2023-08-01 2024-07-31 08147154 frs-core:MotorVehicles 2023-07-31 08147154 frs-core:PlantMachinery 2024-07-31 08147154 frs-core:PlantMachinery 2023-08-01 2024-07-31 08147154 frs-core:PlantMachinery 2023-07-31 08147154 frs-core:WithinOneYear 2024-07-31 08147154 frs-core:ShareCapital 2024-07-31 08147154 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 08147154 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08147154 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 08147154 frs-bus:SmallEntities 2023-08-01 2024-07-31 08147154 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 08147154 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 08147154 frs-bus:Director1 2023-08-01 2024-07-31 08147154 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 08147154 frs-countries:EnglandWales 2023-08-01 2024-07-31 08147154 2022-07-31 08147154 2023-07-31 08147154 2022-08-01 2023-07-31 08147154 frs-core:CurrentFinancialInstruments 2023-07-31 08147154 frs-core:Non-currentFinancialInstruments 2023-07-31 08147154 frs-core:BetweenOneFiveYears 2023-07-31 08147154 frs-core:WithinOneYear 2023-07-31 08147154 frs-core:ShareCapital 2023-07-31 08147154 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 08147154
Tech AV Ltd
Financial Statements
For The Year Ended 31 July 2024
Hill Wooldridge Accountants Ltd
Chartered Certified Accountants
55 Crown Street
Brentwood
Essex
CM14 4BD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08147154
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 348,492 185,727
348,492 185,727
CURRENT ASSETS
Debtors 5 94,747 51,189
Cash at bank and in hand 145,837 82,169
240,584 133,358
Creditors: Amounts Falling Due Within One Year 6 (185,533 ) (173,784 )
NET CURRENT ASSETS (LIABILITIES) 55,051 (40,426 )
TOTAL ASSETS LESS CURRENT LIABILITIES 403,543 145,301
Creditors: Amounts Falling Due After More Than One Year 7 (69,572 ) (41,561 )
NET ASSETS 333,971 103,740
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 333,969 103,738
SHAREHOLDERS' FUNDS 333,971 103,740
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For the year ending 31 July 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 Lee Bowerbank
Director
10th June 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
Tech AV Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08147154 . The registered office is Unit 2 Garryowen Farm, Laindon Road, Horndon On The Hill, Essex, SS17 8QB.
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:
Plant & Machinery - 20% of cost per year
Motor Vehicles - 25% of net book value per year
Fixtures & Fittings - 20% of cost per year
Computer Equipment - 33% of cost per year
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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 year 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: 5 (2023: 5)
5 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 406,748 84,815 5,376 103,221 600,160
Additions 248,259 20,000 1,544 3,823 273,626
As at 31 July 2024 655,007 104,815 6,920 107,044 873,786
Depreciation
As at 1 August 2023 297,557 21,203 1,075 94,598 414,433
Provided during the period 80,849 20,903 1,385 7,724 110,861
As at 31 July 2024 378,406 42,106 2,460 102,322 525,294
Net Book Value
As at 31 July 2024 276,601 62,709 4,460 4,722 348,492
As at 1 August 2023 109,191 63,612 4,301 8,623 185,727
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 92,542 38,348
Prepayments and accrued income 2,205 2,205
VAT - 10,636
94,747 51,189
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 31,322 12,521
Trade creditors 101,524 112,614
Bank loans and overdrafts 6,000 6,000
Corporation tax 18,881 -
Other taxes and social security 713 71
VAT 4,406 -
Accruals and deferred income 1,763 6,665
Director's loan account 20,924 35,913
185,533 173,784
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 64,572 30,561
Bank loans 5,000 11,000
69,572 41,561
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 31,322 12,521
Later than one year and not later than five years 64,572 30,561
95,894 43,082
95,894 43,082
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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