Acorah Software Products - Accounts Production 16.4.660 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13356817 PRASANTH NALAVATNON RITESH PUNJABI iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13356817 2023-12-31 13356817 2024-12-31 13356817 2024-01-01 2024-12-31 13356817 frs-core:CurrentFinancialInstruments 2024-12-31 13356817 frs-core:Non-currentFinancialInstruments 2024-12-31 13356817 frs-core:ComputerEquipment 2024-12-31 13356817 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13356817 frs-core:ComputerEquipment 2023-12-31 13356817 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 13356817 frs-core:FurnitureFittings 2024-12-31 13356817 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13356817 frs-core:FurnitureFittings 2023-12-31 13356817 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 13356817 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 13356817 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 13356817 frs-core:OtherResidualIntangibleAssets 2024-12-31 13356817 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 13356817 frs-core:OtherResidualIntangibleAssets 2023-12-31 13356817 frs-core:PlantMachinery 2024-01-01 2024-12-31 13356817 frs-core:ShareCapital 2024-12-31 13356817 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13356817 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13356817 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13356817 frs-bus:SmallEntities 2024-01-01 2024-12-31 13356817 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13356817 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13356817 frs-core:CostValuation 2023-12-31 13356817 frs-core:CostValuation 2024-12-31 13356817 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 13356817 frs-core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-12-31 13356817 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 13356817 frs-bus:Director1 2024-01-01 2024-12-31 13356817 frs-bus:Director2 2024-01-01 2024-12-31 13356817 frs-countries:EnglandWales 2024-01-01 2024-12-31 13356817 2022-12-31 13356817 2023-12-31 13356817 2023-01-01 2023-12-31 13356817 frs-core:CurrentFinancialInstruments 2023-12-31 13356817 frs-core:Non-currentFinancialInstruments 2023-12-31 13356817 frs-core:ShareCapital 2023-12-31 13356817 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13356817
TMLL LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13356817
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 143,309 -
Tangible Assets 5 722,016 233,247
Investments 6 1,336 2,338
866,661 235,585
CURRENT ASSETS
Stocks 7 1,540,538 1,157,077
Debtors 8 1,009,392 259,722
Investments 9 225,070 -
Cash at bank and in hand 75,205 108,494
2,850,205 1,525,293
Creditors: Amounts Falling Due Within One Year 10 (3,026,425 ) (944,869 )
NET CURRENT ASSETS (LIABILITIES) (176,220 ) 580,424
TOTAL ASSETS LESS CURRENT LIABILITIES 690,441 816,009
Creditors: Amounts Falling Due After More Than One Year 11 (11,157,973 ) (7,589,953 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (197,715 ) -
NET LIABILITIES (10,665,247 ) (6,773,944 )
CAPITAL AND RESERVES
Called up share capital 12 1 1
Profit and Loss Account (10,665,248 ) (6,773,945 )
SHAREHOLDERS' FUNDS (10,665,247) (6,773,944)
Page 1
Page 2
For the year ending 31 December 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
PRASANTH NALAVATNON
Director
6 August 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
TMLL LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13356817 . The registered office is 1 Cornhill, Ilminster, TA19 0AD.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Software 33% straight line
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:
Leasehold 20% straight line
Plant & Machinery 20% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 33% straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 32 (2023: 26)
32 26
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 -
Additions 143,309
As at 31 December 2024 143,309
Net Book Value
As at 31 December 2024 143,309
As at 1 January 2024 -
5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 - 26,194 253,560 279,754
Additions 358,711 172,922 93,829 625,462
As at 31 December 2024 358,711 199,116 347,389 905,216
Depreciation
As at 1 January 2024 - 10,974 35,533 46,507
Provided during the period 19,383 13,920 103,390 136,693
As at 31 December 2024 19,383 24,894 138,923 183,200
Net Book Value
As at 31 December 2024 339,328 174,222 208,466 722,016
As at 1 January 2024 - 15,220 218,027 233,247
6. Investments
Associates
£
Cost
As at 1 January 2024 5,009
As at 31 December 2024 5,009
Provision
As at 1 January 2024 2,671
Added in period 1,002
As at 31 December 2024 3,673
Net Book Value
As at 31 December 2024 1,336
As at 1 January 2024 2,338
Page 4
Page 5
7. Stocks
2024 2023
£ £
Materials 90,435 59
Finished goods 1,450,103 920,749
Work in progress - 236,269
1,540,538 1,157,077
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 134,375 27,879
Other debtors 622,596 99,557
756,971 127,436
Due after more than one year
Amounts owed by participating interests 252,421 132,286
1,009,392 259,722
9. Current Asset Investments
2024 2023
£ £
Short term deposits 225,070 -
10. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 597,617 201,942
Bank loans and overdrafts 35,833 -
Other taxes and social security 207,481 570,018
Other creditors 67,556 13,389
Accruals and Provisions 622,384 92,532
Debtors Payments on account 1,495,554 66,988
3,026,425 944,869
11. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to parent undertaking 11,157,973 7,589,953
12. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5