Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11735381 Mr Jason Awatar Mr Leigh Hussain Mr Richard Blackwell Tarsain Holdings Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11735381 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-12-31 11735381 2023-12-31 11735381 2024-12-31 11735381 2024-01-01 2024-12-31 11735381 frs-core:CurrentFinancialInstruments 2024-12-31 11735381 frs-core:Non-currentFinancialInstruments 2024-12-31 11735381 frs-core:BetweenOneFiveYears 2024-12-31 11735381 frs-core:ComputerEquipment 2024-12-31 11735381 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11735381 frs-core:ComputerEquipment 2023-12-31 11735381 frs-core:FurnitureFittings 2024-12-31 11735381 frs-core:FurnitureFittings 2024-01-01 2024-12-31 11735381 frs-core:FurnitureFittings 2023-12-31 11735381 frs-core:PlantMachinery 2024-12-31 11735381 frs-core:PlantMachinery 2024-01-01 2024-12-31 11735381 frs-core:PlantMachinery 2023-12-31 11735381 frs-core:WithinOneYear 2024-12-31 11735381 frs-core:ShareCapital 2024-12-31 11735381 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11735381 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11735381 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11735381 frs-bus:SmallEntities 2024-01-01 2024-12-31 11735381 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11735381 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11735381 1 2024-01-01 2024-12-31 11735381 frs-bus:Director1 2024-01-01 2024-12-31 11735381 frs-bus:Director2 2024-01-01 2024-12-31 11735381 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 11735381 frs-countries:EnglandWales 2024-01-01 2024-12-31 11735381 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-12-31 11735381 2022-12-31 11735381 2023-12-31 11735381 2023-01-01 2023-12-31 11735381 frs-core:CurrentFinancialInstruments 2023-12-31 11735381 frs-core:Non-currentFinancialInstruments 2023-12-31 11735381 frs-core:BetweenOneFiveYears 2023-12-31 11735381 frs-core:WithinOneYear 2023-12-31 11735381 frs-core:ShareCapital 2023-12-31 11735381 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11735381
Tarsain Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11735381
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 61,149 62,937
Investment Properties 5 2,051,815 2,051,815
2,112,964 2,114,752
CURRENT ASSETS
Debtors 6 5,439 1,963
Cash at bank and in hand 3,105 10,433
8,544 12,396
Creditors: Amounts Falling Due Within One Year 7 (1,537,741 ) (1,432,894 )
NET CURRENT ASSETS (LIABILITIES) (1,529,197 ) (1,420,498 )
TOTAL ASSETS LESS CURRENT LIABILITIES 583,767 694,254
Creditors: Amounts Falling Due After More Than One Year 8 (722,846 ) (764,951 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (44,027 ) (36,615 )
NET LIABILITIES (183,106 ) (107,312 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account (183,206 ) (107,412 )
SHAREHOLDERS' FUNDS (183,106) (107,312)
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For the year ending 31 December 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 Jason Awatar
Director
Mr Leigh Hussain
Director
18 May 2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Tarsain Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11735381 . The registered office is Kingshill House, Stow Hill, Newport, NP20 4EA.
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 Directors acknowledge the loss incurred in 2024 and continue to implement measures to reduce the Company's overheads in 2025.  Whilst the company was technically insolvent as at 31 December 2024, a significant proportion of its liabilities relate to its subsidiary, Inspired Business Media Ltd, for which no repayments are due within the next 12 months.  
The Directors remain confident that, with the continued support of the Tarsain Holdings Group and it's Directors, the Company will be able to meets its obligations as they fall due and therefore consider the business to be a going concern.
The Directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the Company's ability to continue as a going concern.
2.3. 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.

2.4. 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% straight line
Fixtures & Fittings 10% straight line
Office Equipment 25% reducing balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. 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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2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Office Equipment Total
£ £ £ £
Cost
As at 1 January 2024 6,806 38,305 56,894 102,005
Additions - 10,682 - 10,682
As at 31 December 2024 6,806 48,987 56,894 112,687
Depreciation
As at 1 January 2024 1,446 8,943 28,679 39,068
Provided during the period 1,362 4,054 7,054 12,470
As at 31 December 2024 2,808 12,997 35,733 51,538
Net Book Value
As at 31 December 2024 3,998 35,990 21,161 61,149
As at 1 January 2024 5,360 29,362 28,215 62,937
5. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 2,051,815
Additions -
As at 31 December 2024 2,051,815
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,400 1,560
Other debtors 3,039 403
5,439 1,963
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 9,974 9,974
Trade creditors 8,154 5,758
Bank loans and overdrafts 32,669 29,961
Amounts owed to group undertakings 1,454,318 1,376,130
Other creditors 20,742 6,638
Taxation and social security 11,884 4,433
1,537,741 1,432,894
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,987 14,961
Bank loans 717,859 749,990
722,846 764,951
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans 555,729 601,300
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 750,527 779,951
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,974 9,974
Later than one year and not later than five years 4,987 14,961
14,961 24,935
14,961 24,935
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11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
12. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Tarsain Holdings Ltd . Tarsain Holdings Ltd was incorporated in Wales on 8 June 2022. The ultimate controlling party is Tarsain Holdings Ltd who controls 100% of the shares of Tarsain Limited .
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