Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 00577868 J R Mestitz R Mestitz A K Mestitz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00577868 2023-09-30 00577868 2024-09-30 00577868 2023-10-01 2024-09-30 00577868 frs-core:CurrentFinancialInstruments 2024-09-30 00577868 frs-core:Non-currentFinancialInstruments 2024-09-30 00577868 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 00577868 frs-core:FurnitureFittings 2023-10-01 2024-09-30 00577868 frs-core:LandBuildings 2024-09-30 00577868 frs-core:LandBuildings 2023-10-01 2024-09-30 00577868 frs-core:LandBuildings 2023-09-30 00577868 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 00577868 frs-core:MotorVehicles 2023-10-01 2024-09-30 00577868 frs-core:OtherResidualIntangibleAssets 2024-09-30 00577868 frs-core:OtherResidualIntangibleAssets 2023-09-30 00577868 frs-core:PlantMachinery 2024-09-30 00577868 frs-core:PlantMachinery 2023-10-01 2024-09-30 00577868 frs-core:PlantMachinery 2023-09-30 00577868 frs-core:OtherReservesSubtotal 2024-09-30 00577868 frs-core:ShareCapital 2024-09-30 00577868 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 00577868 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 00577868 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 00577868 frs-bus:SmallEntities 2023-10-01 2024-09-30 00577868 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 00577868 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 00577868 frs-core:CostValuation 2023-09-30 00577868 frs-core:CostValuation 2024-09-30 00577868 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 00577868 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 00577868 frs-bus:Director1 2023-10-01 2024-09-30 00577868 frs-bus:Director2 2023-10-01 2024-09-30 00577868 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 00577868 frs-countries:EnglandWales 2023-10-01 2024-09-30 00577868 2022-09-30 00577868 2023-09-30 00577868 2022-10-01 2023-09-30 00577868 frs-core:CurrentFinancialInstruments 2023-09-30 00577868 frs-core:Non-currentFinancialInstruments 2023-09-30 00577868 frs-core:OtherReservesSubtotal 2023-09-30 00577868 frs-core:ShareCapital 2023-09-30 00577868 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 00577868
Techna International Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00577868
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,399,606 2,454,968
Investments 6 40 40
2,399,646 2,455,008
CURRENT ASSETS
Stocks 848,148 740,245
Debtors 7 545,213 605,597
Cash at bank and in hand 358,534 460,825
1,751,895 1,806,667
Creditors: Amounts Falling Due Within One Year 8 (600,487 ) (991,341 )
NET CURRENT ASSETS (LIABILITIES) 1,151,408 815,326
TOTAL ASSETS LESS CURRENT LIABILITIES 3,551,054 3,270,334
Creditors: Amounts Falling Due After More Than One Year 9 (349,969 ) -
NET ASSETS 3,201,085 3,270,334
CAPITAL AND RESERVES
Called up share capital 10 50,000 50,000
Other reserves 552 552
Profit and Loss Account 3,150,533 3,219,782
SHAREHOLDERS' FUNDS 3,201,085 3,270,334
Page 1
Page 2
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
J R Mestitz
Director
5 June 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Techna International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00577868 . The registered office is 1 Metro Centre, Dwight Road, Watford, Hertfordshire, WD18 9HG.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website development. It was amortised to profit and loss account over its estimated economic life
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:
Freehold 1% straight line basis
Plant & Machinery 20% straight line basis
Motor Vehicles 25% straight line basis
Fixtures & Fittings 10% straight line basis
2.5. 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.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Corporation 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.
...CONTINUED
Page 3
Page 4
2.7. Taxation - continued
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Research and development expenditure
Research and development expenditure is written off in the profit and loss account in the year in which it is incurred except for development expenditure incurred on individual projects. Where the recoverability of this development expenditure can be foreseen with reasonable assurance it is capitalised and amortised in line with sales from the relevant projects.
2.9. Consolidation
The company and its subsidiary comprise a small group. The company has therefore taken advantage of the exemption provided by section 398 of the Companies Act 2006 not to prepare group financial statements.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 24 (2023: 19)
24 19
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 11,700
As at 30 September 2024 11,700
Amortisation
As at 1 October 2023 11,700
As at 30 September 2024 11,700
Net Book Value
As at 30 September 2024 -
As at 1 October 2023 -
5. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 October 2023 2,119,577 1,065,203 3,184,780
Additions - 45,234 45,234
As at 30 September 2024 2,119,577 1,110,437 3,230,014
Depreciation
As at 1 October 2023 131,487 598,325 729,812
Provided during the period 21,195 79,401 100,596
As at 30 September 2024 152,682 677,726 830,408
...CONTINUED
Page 4
Page 5
Net Book Value
As at 30 September 2024 1,966,895 432,711 2,399,606
As at 1 October 2023 1,988,090 466,878 2,454,968
6. Investments
Subsidiaries
£
Cost
As at 1 October 2023 40
As at 30 September 2024 40
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 40
As at 1 October 2023 40
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 380,228 463,363
Other debtors 164,985 142,234
545,213 605,597
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 424,749 372,513
Amounts owed to group undertakings 1,800 1,800
Amounts owed to participating interests - 359,754
Other creditors 40,273 122,705
Taxation and social security 133,665 134,569
600,487 991,341
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to participating interests 349,969 -
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 50,000 50,000
Page 5