Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 14319749 Mr J P Donnellan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14319749 2024-03-31 14319749 2025-03-31 14319749 2024-04-01 2025-03-31 14319749 frs-core:CurrentFinancialInstruments 2025-03-31 14319749 frs-core:ComputerEquipment 2025-03-31 14319749 frs-core:ComputerEquipment 2024-04-01 2025-03-31 14319749 frs-core:ComputerEquipment 2024-03-31 14319749 frs-core:ShareCapital 2025-03-31 14319749 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 14319749 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14319749 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 14319749 frs-bus:SmallEntities 2024-04-01 2025-03-31 14319749 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14319749 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14319749 frs-bus:Director1 2024-04-01 2025-03-31 14319749 frs-countries:EnglandWales 2024-04-01 2025-03-31 14319749 2023-03-31 14319749 2024-03-31 14319749 2023-04-01 2024-03-31 14319749 frs-core:CurrentFinancialInstruments 2024-03-31 14319749 frs-core:ShareCapital 2024-03-31 14319749 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 14319749
Taurus Financial Planning Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14319749
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,495 1,625
2,495 1,625
CURRENT ASSETS
Cash at bank and in hand 27,974 18,974
27,974 18,974
Creditors: Amounts Falling Due Within One Year 5 (20,802 ) (12,109 )
NET CURRENT ASSETS (LIABILITIES) 7,172 6,865
TOTAL ASSETS LESS CURRENT LIABILITIES 9,667 8,490
PROVISIONS FOR LIABILITIES
Deferred Taxation (624 ) (406 )
NET ASSETS 9,043 8,084
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 8,943 7,984
SHAREHOLDERS' FUNDS 9,043 8,084
For the year ending 31 March 2025 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 J P Donnellan
Director
22 May 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
Taurus Financial Planning Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14319749 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
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.
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 assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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:
Computer equipment 25% Straight Line
2.4. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Computer equipment
£
Cost
As at 1 April 2024 3,250
Additions 3,244
Disposals (3,000 )
As at 31 March 2025 3,494
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 April 2024 1,625
Provided during the period 874
Disposals (1,500 )
As at 31 March 2025 999
Net Book Value
As at 31 March 2025 2,495
As at 1 April 2024 1,625
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 16,100 8,822
Other creditors 2,157 1,042
Accruals and deferred income 2,221 1,855
Director's loan account 324 390
20,802 12,109
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
7. Directors Advances, Credits and Guarantees
No director received advances, credits or guarantees during the current or previous accounting periods.
8. Related Party Transactions
The following related party transactions were undertaken during the year:
A director withdrew amounts totalling £29,836 (2024: £48,754), introduced amounts totalling £29,770 (2024: £48,600). The amount payable by the company at the balance sheet date was £324 (2024: £390).
A shareholder withdrew amounts totalling £29,255 (2024: £15,974), introduced amounts totalling £30,370 (2024: £16,210). The amount payable by the company at the balance sheet date was £2,157 (2024: £1,042).
Dividends were paid in respect shareholdings totalling £58,500 (2024:£39,500).
The aggregate remuneration paid to key management personnel for the year was £25,140 (2024:£25,140).
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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