Acorah Software Products - Accounts Production 16.3.350 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 08763883 Mr J A Owens iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08763883 2023-11-30 08763883 2024-11-30 08763883 2023-12-01 2024-11-30 08763883 frs-core:CurrentFinancialInstruments 2024-11-30 08763883 frs-core:Non-currentFinancialInstruments 2024-11-30 08763883 frs-core:ComputerEquipment 2024-11-30 08763883 frs-core:ComputerEquipment 2023-12-01 2024-11-30 08763883 frs-core:ComputerEquipment 2023-11-30 08763883 frs-core:FurnitureFittings 2024-11-30 08763883 frs-core:FurnitureFittings 2023-12-01 2024-11-30 08763883 frs-core:FurnitureFittings 2023-11-30 08763883 frs-core:MotorVehicles 2024-11-30 08763883 frs-core:MotorVehicles 2023-12-01 2024-11-30 08763883 frs-core:MotorVehicles 2023-11-30 08763883 frs-core:PlantMachinery 2024-11-30 08763883 frs-core:PlantMachinery 2023-12-01 2024-11-30 08763883 frs-core:PlantMachinery 2023-11-30 08763883 frs-core:ShareCapital 2024-11-30 08763883 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 08763883 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08763883 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 08763883 frs-bus:SmallEntities 2023-12-01 2024-11-30 08763883 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08763883 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 08763883 frs-bus:Director1 2023-12-01 2024-11-30 08763883 frs-countries:EnglandWales 2023-12-01 2024-11-30 08763883 2022-11-30 08763883 2023-11-30 08763883 2022-12-01 2023-11-30 08763883 frs-core:CurrentFinancialInstruments 2023-11-30 08763883 frs-core:Non-currentFinancialInstruments 2023-11-30 08763883 frs-core:ShareCapital 2023-11-30 08763883 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 08763883
TSO Trading Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
MAR Kilshaw Limited
99 Stanley Road
Bootle
Liverpool
Merseyside
L20 7DA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08763883
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 52,301 64,544
52,301 64,544
CURRENT ASSETS
Stocks 5 150,000 162,279
Cash at bank and in hand 54,679 51,904
204,679 214,183
Creditors: Amounts Falling Due Within One Year 6 (185,316 ) (171,794 )
NET CURRENT ASSETS (LIABILITIES) 19,363 42,389
TOTAL ASSETS LESS CURRENT LIABILITIES 71,664 106,933
Creditors: Amounts Falling Due After More Than One Year 7 (2,661 ) (6,661 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,075 ) (12,263 )
NET ASSETS 55,928 88,009
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 55,926 88,007
SHAREHOLDERS' FUNDS 55,928 88,009
Page 1
Page 2
For the year ending 30 November 2024 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 A Owens
Director
18 June 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
TSO Trading Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08763883 . The registered office is 99 Stanley Road, Bootle, Liverpool, L20 7DA.
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.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 33% Straight line
2.4. 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.
2.5. 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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 9)
9 9
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 9,856 95,461 8,776 992 115,085
Additions - 5,217 - - 5,217
As at 30 November 2024 9,856 100,678 8,776 992 120,302
Depreciation
As at 1 December 2023 4,271 40,581 5,237 452 50,541
Provided during the period 1,397 15,024 708 331 17,460
As at 30 November 2024 5,668 55,605 5,945 783 68,001
Net Book Value
As at 30 November 2024 4,188 45,073 2,831 209 52,301
As at 1 December 2023 5,585 54,880 3,539 540 64,544
5. Stocks
2024 2023
£ £
Stock 150,000 162,279
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 4,000 4,000
Other creditors 103,060 100,975
Taxation and social security 78,256 66,819
185,316 171,794
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,661 6,661
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4