Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 30 April 2025 30 April 2025 07058025 S Andre iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07058025 2023-10-31 07058025 2025-04-30 07058025 2023-11-01 2025-04-30 07058025 frs-core:ComputerEquipment 2025-04-30 07058025 frs-core:ComputerEquipment 2023-11-01 2025-04-30 07058025 frs-core:ComputerEquipment 2023-10-31 07058025 frs-core:ShareCapital 2025-04-30 07058025 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 07058025 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2025-04-30 07058025 frs-bus:FilletedAccounts 2023-11-01 2025-04-30 07058025 frs-bus:SmallEntities 2023-11-01 2025-04-30 07058025 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2025-04-30 07058025 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2025-04-30 07058025 frs-bus:Director1 2023-11-01 2025-04-30 07058025 frs-countries:EnglandWales 2023-11-01 2025-04-30 07058025 2022-10-31 07058025 2023-10-31 07058025 2022-11-01 2023-10-31 07058025 frs-core:CurrentFinancialInstruments 2023-10-31 07058025 frs-core:ShareCapital 2023-10-31 07058025 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 07058025
Targetloc Ltd
Unaudited Financial Statements
For the Period 1 November 2023 to 30 April 2025
Merranti Accounting Ltd
10 Scandia Hus Business Park Felcourt Road
Felcourt
East Grinstead
Surrey
RH19 2LP
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Company Information
Director S Andre
Company Number 07058025
Registered Office 10 Scandia Hus Business Park Felcourt Road
Felcourt
East Grinstead
RH19 2LP
Accountants Merranti Accounting Ltd
10 Scandia Hus Business Park Felcourt Road
Felcourt
East Grinstead
Surrey
RH19 2LP
Page 1
Page 2
Balance Sheet
Registered number: 07058025
30 April 2025 31 October 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 418
- 418
CURRENT ASSETS
Debtors 5 1 8,813
Cash at bank and in hand - 35,237
1 44,050
Creditors: Amounts Falling Due Within One Year 6 - (31,054 )
NET CURRENT ASSETS (LIABILITIES) 1 12,996
TOTAL ASSETS LESS CURRENT LIABILITIES 1 13,414
NET ASSETS 1 13,414
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account - 13,413
SHAREHOLDERS' FUNDS 1 13,414
For the period ending 30 April 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 her 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
S Andre
Director
17 June 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Targetloc Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07058025 . The registered office is 10 Scandia Hus Business Park Felcourt Road, Felcourt, East Grinstead, RH19 2LP.
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.
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 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:
Computer Equipment 33% Reducing balance method
2.4. 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.
2.5. 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.

3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2023: 1)
1 1
Page 3
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2023 2,073
Disposals (2,073 )
As at 30 April 2025 -
Depreciation
As at 1 November 2023 1,655
Disposals (1,655 )
As at 30 April 2025 -
Net Book Value
As at 30 April 2025 -
As at 1 November 2023 418
5. Debtors
30 April 2025 31 October 2023
£ £
Due within one year
Trade debtors - 8,813
Other debtors 1 -
1 8,813
6. Creditors: Amounts Falling Due Within One Year
30 April 2025 31 October 2023
£ £
Other creditors - 29,878
Taxation and social security - 1,176
- 31,054
Page 4