Acorah Software Products - Accounts Production 16.2.850 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 08735599 Mr Clive Bayley Mr Luka Halozan Bayley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08735599 2023-09-30 08735599 2024-09-30 08735599 2023-10-01 2024-09-30 08735599 frs-core:CurrentFinancialInstruments 2024-09-30 08735599 frs-core:ComputerEquipment 2023-10-01 2024-09-30 08735599 frs-core:FurnitureFittings 2023-10-01 2024-09-30 08735599 frs-core:ShareCapital 2024-09-30 08735599 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 08735599 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08735599 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 08735599 frs-bus:SmallEntities 2023-10-01 2024-09-30 08735599 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08735599 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08735599 frs-bus:Director1 2023-10-01 2024-09-30 08735599 frs-bus:Director2 2023-10-01 2024-09-30 08735599 frs-countries:EnglandWales 2023-10-01 2024-09-30 08735599 2022-09-30 08735599 2023-09-30 08735599 2022-10-01 2023-09-30 08735599 frs-core:CurrentFinancialInstruments 2023-09-30 08735599 frs-core:ShareCapital 2023-09-30 08735599 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 08735599
Techhouse Accessories Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
TaxAssist Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08735599
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 20,436 25,754
Cash at bank and in hand 1,129 1,231
21,565 26,985
Creditors: Amounts Falling Due Within One Year 5 (30,128 ) (16,528 )
NET CURRENT ASSETS (LIABILITIES) (8,563 ) 10,457
TOTAL ASSETS LESS CURRENT LIABILITIES (8,563 ) 10,457
PROVISIONS FOR LIABILITIES
Provisions For Charges - (18,079 )
NET LIABILITIES (8,563 ) (7,622 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (8,663 ) (7,722 )
SHAREHOLDERS' FUNDS (8,563) (7,622)
For the year ending 30 September 2024 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
Mr Clive Bayley
Director
12/06/2025
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
Techhouse Accessories Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08735599 . The registered office is Unit 92a Thurrock Lakeside Shopping Centre, West Thurrock, Grays, RM20 2ZG.
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. Going Concern Disclosure
The company is a member of the Techhouse Communications Group Limited group and meets its day to day working capital requirements through funding facilities provided by its parent and fellow subsidiary undertakings when required.
The directors expect that there will be adequate working capital for the company's requirements for the foreseeable future. The directors therefore consider it appropriate to prepare the financial statements on a going concern basis.
Techhouse Communications Group Limited has confirmed that it will continue to provide such financial support as is necessary to meet the company’s financial commitments for the foreseeable future and specifically for at least twelve months from the signing of these financial statements.
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 20% Straight Line
Computer Equipment 33% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the statement of income.
2.4. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12
‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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.
Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including trade and other payables and loans from fellow group companies, 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. 
Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors (1,000 ) 4,716
Amounts owed by group undertakings 21,436 21,038
20,436 25,754
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 28,878 16,528
Other creditors 1,250 -
30,128 16,528
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
The company has taken advantage of the exemption available in accordance with Section 33.1A of Financial Reporting Standard 102 whereby it has not disclosed transactions entered into between two or more members of a group, as the company is a wholly owned subsidiary undertaking of the group to which it is party to the transactions.
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