Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 00465697 Mr Roger Horwood Mr Anthony Horwood Mr Anthony Horwood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00465697 2023-10-31 00465697 2024-10-31 00465697 2023-11-01 2024-10-31 00465697 frs-core:CurrentFinancialInstruments 2024-10-31 00465697 frs-core:Non-currentFinancialInstruments 2024-10-31 00465697 frs-core:ComputerEquipment 2024-10-31 00465697 frs-core:ComputerEquipment 2023-11-01 2024-10-31 00465697 frs-core:ComputerEquipment 2023-10-31 00465697 frs-core:FurnitureFittings 2024-10-31 00465697 frs-core:FurnitureFittings 2023-11-01 2024-10-31 00465697 frs-core:FurnitureFittings 2023-10-31 00465697 frs-core:PlantMachinery 2024-10-31 00465697 frs-core:PlantMachinery 2023-11-01 2024-10-31 00465697 frs-core:PlantMachinery 2023-10-31 00465697 frs-core:ShareCapital 2024-10-31 00465697 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 00465697 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 00465697 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 00465697 frs-bus:SmallEntities 2023-11-01 2024-10-31 00465697 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 00465697 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 00465697 frs-core:ListedExchangeTraded 2024-10-31 00465697 frs-core:ListedExchangeTraded 2023-10-31 00465697 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-10-31 00465697 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-10-31 00465697 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-10-31 00465697 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-10-31 00465697 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-10-31 00465697 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-10-31 00465697 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-10-31 00465697 frs-bus:Director1 2023-11-01 2024-10-31 00465697 frs-bus:Director2 2023-11-01 2024-10-31 00465697 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 00465697 frs-countries:EnglandWales 2023-11-01 2024-10-31 00465697 2022-10-31 00465697 2023-10-31 00465697 2022-11-01 2023-10-31 00465697 frs-core:CurrentFinancialInstruments 2023-10-31 00465697 frs-core:Non-currentFinancialInstruments 2023-10-31 00465697 frs-core:ShareCapital 2023-10-31 00465697 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 00465697
Tacon & Horwood Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Edmonds Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00465697
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,115 1,370
Investment Properties 5 650,000 640,000
Investments 6 330,687 320,562
981,802 961,932
CURRENT ASSETS
Debtors 7 2,182 2,117
Cash at bank and in hand 47,391 56,799
49,573 58,916
Creditors: Amounts Falling Due Within One Year 8 (13,756 ) (10,756 )
NET CURRENT ASSETS (LIABILITIES) 35,817 48,160
TOTAL ASSETS LESS CURRENT LIABILITIES 1,017,619 1,010,092
Creditors: Amounts Falling Due After More Than One Year 9 (82,738 ) (93,801 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (41,266 ) (71,959 )
NET ASSETS 893,615 844,332
CAPITAL AND RESERVES
Called up share capital 11 3,100 3,100
Profit and Loss Account 890,515 841,232
SHAREHOLDERS' FUNDS 893,615 844,332
Page 1
Page 2
For the year ending 31 October 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 Anthony Horwood
Director
07/07/2025
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
Tacon & Horwood Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00465697 . The registered office is Unit 11 Diddenham Court, Grazeley, Reading, Berkshire, RG7 1JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small
Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention as modified by the revaluation of certain assets.
2.2. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 20% on cost
2.3. Investment Properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair
value is recognised in profit or loss.
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 November 2023 454 1,147 1,549 3,150
As at 31 October 2024 454 1,147 1,549 3,150
Depreciation
As at 1 November 2023 19 1,147 614 1,780
Provided during the period 109 - 146 255
As at 31 October 2024 128 1,147 760 2,035
Net Book Value
As at 31 October 2024 326 - 789 1,115
As at 1 November 2023 435 - 935 1,370
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 November 2023 640,000
Revaluations 10,000
As at 31 October 2024 650,000
6. Investments
Listed
£
Cost
As at 1 November 2023 320,562
Additions 32,999
Disposals (22,794 )
Revaluations (80 )
As at 31 October 2024 330,687
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 330,687
As at 1 November 2023 320,562
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 2,182 2,117
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 9,536 7,840
Taxation and social security 4,220 2,916
13,756 10,756
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 82,738 93,801
Page 4
Page 5
10. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will
be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2024 2023
£ £
Other timing differences 41,266 71,959
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3,100 3,100
Page 5