Acorah Software Products - Accounts Production 16.3.350 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 10272544 Mr Paul Humpherson Ms Amy Taylor Miss Hannah Taylor Mr Matthew Elliott Mr Paul Humpherson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10272544 2023-07-31 10272544 2024-07-31 10272544 2023-08-01 2024-07-31 10272544 frs-core:CurrentFinancialInstruments 2024-07-31 10272544 frs-core:Non-currentFinancialInstruments 2024-07-31 10272544 frs-core:BetweenOneFiveYears 2024-07-31 10272544 frs-core:FurnitureFittings 2024-07-31 10272544 frs-core:FurnitureFittings 2023-08-01 2024-07-31 10272544 frs-core:FurnitureFittings 2023-07-31 10272544 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 10272544 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 10272544 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-31 10272544 frs-core:MoreThanFiveYears 2024-07-31 10272544 frs-core:MotorVehicles 2024-07-31 10272544 frs-core:MotorVehicles 2023-08-01 2024-07-31 10272544 frs-core:MotorVehicles 2023-07-31 10272544 frs-core:PlantMachinery 2024-07-31 10272544 frs-core:PlantMachinery 2023-08-01 2024-07-31 10272544 frs-core:PlantMachinery 2023-07-31 10272544 frs-core:WithinOneYear 2024-07-31 10272544 frs-core:SharePremium 2024-07-31 10272544 frs-core:ShareCapital 2024-07-31 10272544 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10272544 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10272544 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10272544 frs-bus:SmallEntities 2023-08-01 2024-07-31 10272544 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10272544 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10272544 frs-core:CostValuation 2023-07-31 10272544 frs-core:CostValuation 2024-07-31 10272544 frs-core:ProvisionsForImpairmentInvestments 2023-07-31 10272544 frs-core:ProvisionsForImpairmentInvestments 2024-07-31 10272544 frs-bus:Director1 2023-08-01 2024-07-31 10272544 frs-bus:Director2 2023-08-01 2024-07-31 10272544 frs-bus:Director3 2023-08-01 2024-07-31 10272544 frs-bus:Director4 2023-08-01 2024-07-31 10272544 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 10272544 frs-countries:EnglandWales 2023-08-01 2024-07-31 10272544 2022-07-31 10272544 2023-07-31 10272544 2022-08-01 2023-07-31 10272544 frs-core:CurrentFinancialInstruments 2023-07-31 10272544 frs-core:Non-currentFinancialInstruments 2023-07-31 10272544 frs-core:BetweenOneFiveYears 2023-07-31 10272544 frs-core:MoreThanFiveYears 2023-07-31 10272544 frs-core:WithinOneYear 2023-07-31 10272544 frs-core:SharePremium 2023-07-31 10272544 frs-core:ShareCapital 2023-07-31 10272544 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 10272544
Tap Social Movement Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10272544
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 493,940 628,766
Investments 5 14,510 14,510
508,450 643,276
CURRENT ASSETS
Stocks 6 72,848 64,683
Debtors 7 139,067 169,860
Cash at bank and in hand 164,314 170,655
376,229 405,198
Creditors: Amounts Falling Due Within One Year 8 (598,906 ) (626,902 )
NET CURRENT ASSETS (LIABILITIES) (222,677 ) (221,704 )
TOTAL ASSETS LESS CURRENT LIABILITIES 285,773 421,572
Creditors: Amounts Falling Due After More Than One Year 9 (422,284 ) (424,052 )
NET LIABILITIES (136,511 ) (2,480 )
CAPITAL AND RESERVES
Called up share capital 12 246 246
Share premium account 309,863 309,863
Profit and Loss Account (446,620 ) (312,589 )
SHAREHOLDERS' FUNDS (136,511) (2,480)
Page 1
Page 2
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 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 Paul Humpherson
Director
13 June 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Tap Social Movement Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10272544 . The registered office is 27 Curtis Industrial Estate, North Hinksey Lane, Oxford, Oxfordshire, OX2 0LX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
These financial statements are presented in pound sterling which is the functional currency of the company.
2.2. Going Concern Disclosure
The directors have confirmed that the company is a going concern and have agreed to support the company for a further 12 months following approval of the accounts. 
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.
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.
2.4. 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:
Leasehold 2% SL
Plant & Machinery 20%SL
Motor Vehicles 20%SL
Fixtures & Fittings 20%SL
2.5. 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.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 54 (2023: 35)
54 35
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 August 2023 321,624 337,489 5,782 196,586 861,481
Additions - 9,904 - 6,134 16,038
Disposals (52,054 ) (36,569 ) - (24,661 ) (113,284 )
As at 31 July 2024 269,570 310,824 5,782 178,059 764,235
Depreciation
As at 1 August 2023 55,810 116,274 3,285 57,346 232,715
Provided during the period 5,391 43,741 1,157 38,974 89,263
Disposals (15,863 ) (23,434 ) - (12,386 ) (51,683 )
As at 31 July 2024 45,338 136,581 4,442 83,934 270,295
Net Book Value
As at 31 July 2024 224,232 174,243 1,340 94,125 493,940
As at 1 August 2023 265,814 221,215 2,497 139,240 628,766
5. Investments
Subsidiaries
£
Cost
As at 1 August 2023 14,510
As at 31 July 2024 14,510
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 14,510
As at 1 August 2023 14,510
6. Stocks
2024 2023
£ £
Stock 72,848 64,683
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 39,370 44,784
Amounts owed by group undertakings 4,632 7,132
Other debtors 95,065 117,944
139,067 169,860
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 552
Trade creditors 152,587 260,551
Bank loans and overdrafts 79,636 91,257
Amounts owed to group undertakings 5,000 -
Other creditors 183,895 145,122
Taxation and social security 177,788 129,420
598,906 626,902
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 422,284 424,052
10. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 552
Bank loans and overdrafts 252,317 251,146
11. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 552
12. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 246 246
Page 5
Page 6
13. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 60,920 60,920
Later than one year and not later than five years 234,964 243,680
Later than five years 103,333 155,537
399,217 460,137
Page 6