Acorah Software Products - Accounts Production 16.3.350 false true true false 8 March 2024 31 March 2025 31 March 2025 15548074 Mr Sean Johnston Mr James Carragher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15548074 2024-03-07 15548074 2025-03-31 15548074 2024-03-08 2025-03-31 15548074 frs-core:CurrentFinancialInstruments 2025-03-31 15548074 frs-core:ShareCapital 2025-03-31 15548074 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15548074 frs-bus:PrivateLimitedCompanyLtd 2024-03-08 2025-03-31 15548074 frs-bus:FilletedAccounts 2024-03-08 2025-03-31 15548074 frs-bus:SmallEntities 2024-03-08 2025-03-31 15548074 frs-bus:AuditExempt-NoAccountantsReport 2024-03-08 2025-03-31 15548074 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-08 2025-03-31 15548074 frs-bus:Director1 2024-03-08 2025-03-31 15548074 frs-bus:Director2 2024-03-08 2025-03-31 15548074 frs-countries:EnglandWales 2024-03-08 2025-03-31
Registered number: 15548074
Trace Management Limited
Financial Statements
For the Period 8 March 2024 to 31 March 2025
MSE Business Management LLP
Association of Chartered Certified Accountants
1st Floor
104 Oxford Street
London
Greater London
W1D 1LP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15548074
31 March 2025
Notes £ £
CURRENT ASSETS
Debtors 4 643
Cash at bank and in hand 193
836
Creditors: Amounts Falling Due Within One Year 5 (2,529 )
NET CURRENT ASSETS (LIABILITIES) (1,693 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,693 )
NET LIABILITIES (1,693 )
CAPITAL AND RESERVES
Called up share capital 6 2
Profit and Loss Account (1,695 )
SHAREHOLDERS' FUNDS (1,693)
For the period 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 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 Sean Johnston
Director
Mr James Carragher
Director
17/07/2025
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
Trace Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15548074 . The registered office is First Floor 104 Oxford Street, London, W1D 1LP.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis which assumes the continuing financial support of the directors and related entities.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable and net of discounts. Turnover includes revenue earned 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.
2.4. Financial Instruments
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities
Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transactions.
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: 2
2
4. Debtors
31 March 2025
£
Due within one year
Prepayments and accrued income 643
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Trade creditors 1,200
Accruals and deferred income 41
Directors' loan accounts 1,288
2,529
6. Share Capital
31 March 2025
£
Allotted, Called up and fully paid 2
Page 3