Acorah Software Products - Accounts Production 16.4.675 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09899518 Mr Robert Staegemann Mrs Jimina Staegemann Robert Stageman true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09899518 2023-12-31 09899518 2024-12-31 09899518 2024-01-01 2024-12-31 09899518 frs-core:CurrentFinancialInstruments 2024-12-31 09899518 frs-core:Non-currentFinancialInstruments 2024-12-31 09899518 frs-core:ComputerEquipment 2024-12-31 09899518 frs-core:ComputerEquipment 2024-01-01 2024-12-31 09899518 frs-core:ComputerEquipment 2023-12-31 09899518 frs-core:FurnitureFittings 2024-12-31 09899518 frs-core:FurnitureFittings 2024-01-01 2024-12-31 09899518 frs-core:FurnitureFittings 2023-12-31 09899518 frs-core:InvestmentPropertyIncludedWithinPPE 2024-12-31 09899518 frs-core:InvestmentPropertyIncludedWithinPPE 2024-01-01 2024-12-31 09899518 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-31 09899518 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 09899518 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 09899518 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09899518 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 09899518 frs-core:PlantMachinery 2024-12-31 09899518 frs-core:PlantMachinery 2024-01-01 2024-12-31 09899518 frs-core:PlantMachinery 2023-12-31 09899518 frs-core:ShareCapital 2024-12-31 09899518 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09899518 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09899518 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09899518 frs-bus:SmallEntities 2024-01-01 2024-12-31 09899518 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09899518 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09899518 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 09899518 frs-bus:OrdinaryShareClass1 2024-12-31 09899518 1 2024-01-01 2024-12-31 09899518 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-12-31 09899518 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 09899518 frs-core:UnlistedNon-exchangeTraded 2024-12-31 09899518 frs-core:UnlistedNon-exchangeTraded 2023-12-31 09899518 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 09899518 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 09899518 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 09899518 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 09899518 frs-bus:Director1 2024-01-01 2024-12-31 09899518 frs-bus:Director2 2024-01-01 2024-12-31 09899518 frs-core:CurrentFinancialInstruments 1 2024-12-31 09899518 frs-core:CurrentFinancialInstruments 2 2024-12-31 09899518 frs-core:CurrentFinancialInstruments 3 2024-12-31 09899518 frs-countries:EnglandWales 2024-01-01 2024-12-31 09899518 2022-12-31 09899518 2023-12-31 09899518 2023-01-01 2023-12-31 09899518 frs-core:CurrentFinancialInstruments 2023-12-31 09899518 frs-core:Non-currentFinancialInstruments 2023-12-31 09899518 frs-core:ShareCapital 2023-12-31 09899518 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09899518 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 09899518 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-12-31 09899518 frs-core:CurrentFinancialInstruments 1 2023-12-31 09899518 frs-core:CurrentFinancialInstruments 2 2023-12-31 09899518 frs-core:CurrentFinancialInstruments 3 2023-12-31
Registered number: 09899518
Tin Properties Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Optimise Accountants Ltd
Office 15 Bramley House, 2a Bramley Road
Long Eaton
Nottinghamshire
NG10 3SX
Tin Properties Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Tin Properties Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 09899518

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 3,401,388 |  | 3,396,458
Investments | 5 |  | 135 |  | 135
|  |  | 3,401,523 |  | 3,396,593
CURRENT ASSETS
Debtors | 6 | 25,723 |  | 25,288 |
Cash at bank and in hand |  | 6,692 |  | 11,218 |
|  | 32,415 |  | 36,506 |
Creditors: Amounts Falling Due Within One Year | 7 | (410,648 ) |  | (447,851 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (378,233 ) |  | (411,345 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,023,290 |  | 2,985,248
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (2,550,992 ) |  | (2,510,954 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (70,911 ) |  | (70,911 )
NET ASSETS |  |  | 401,387 |  | 403,383
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Fair value reserve | 11 |  | 397,947 |  | 397,947
Profit and Loss Account |  |  | 3,340 |  | 5,336
SHAREHOLDERS' FUNDS |  |  | 401,387 |  | 403,383

Page 1
Page 2
Tin Properties Limited
Balance Sheet (continued)
As At 31 December 2024
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

Mr Robert Staegemann Director
30/06/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Tin Properties Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Tin Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09899518 . The registered office is 27 Hollyhedge Road, Hollyhouse, Cobham, Surrey, KT11 3DQ.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:

Freehold | Not depreciated
Leasehold | Not depreciated
Plant & Machinery | 20% on a reducing balance basis
Fixtures & Fittings | 25% on a reducing balance basis
Computer Equipment | 25% on a reducing balance basis

2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. 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 year 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
Tin Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:

| 2024 |  | 2023
--- | --- | --- | ---
Office and administration | 2 |  | 2
| 2 |  | 2

4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Investment Properties | Plant & Machinery | Fixtures & Fittings
| £ | £ | £ | £
Cost
As at 1 January 2024 | 46,833 | 3,340,400 | 3,347 | 22,951
Additions | - | - | - | 7,826
As at 31 December 2024 | 46,833 | 3,340,400 | 3,347 | 30,777
Depreciation
As at 1 January 2024 | - | - | 2,033 | 16,742
Provided during the period | - | - | 264 | 2,811
As at 31 December 2024 | - | - | 2,297 | 19,553
Net Book Value
As at 31 December 2024 | 46,833 | 3,340,400 | 1,050 | 11,224
As at 1 January 2024 | 46,833 | 3,340,400 | 1,314 | 6,209

| Computer Equipment | Total
--- | --- | ---
| £ | £
Cost
As at 1 January 2024 | 3,707 | 3,417,238
Additions | 649 | 8,475
As at 31 December 2024 | 4,356 | 3,425,713
Depreciation
As at 1 January 2024 | 2,005 | 20,780
Provided during the period | 470 | 3,545
As at 31 December 2024 | 2,475 | 24,325
Net Book Value
As at 31 December 2024 | 1,881 | 3,401,388
As at 1 January 2024 | 1,702 | 3,396,458

Page 4
Page 5
Tin Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
5. Investments

| Unlisted
--- | ---
| £
Cost
As at 1 January 2024 | 135
As at 31 December 2024 | 135
Provision
As at 1 January 2024 | -
As at 31 December 2024 | -
Net Book Value
As at 31 December 2024 | 135
As at 1 January 2024 | 135

6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,125 |  | -
Prepayments and accrued income | 642 |  | 476
Other debtors | 21,852 |  | 23,708
Corporation tax recoverable assets | 1,104 |  | 1,104
| 25,723 |  | 25,288

7. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Corporation tax | 939 |  | 3,810
Other taxes and social security | 337 |  | 292
Tenant deposits | 11,125 |  | 11,125
Other creditors (1) | 95,550 |  | 97,550
Other creditors (2) | 10,000 |  | 10,000
Other creditors (3) | 5,500 |  | 5,500
Directors' loan accounts | 287,197 |  | 319,574
| 410,648 |  | 447,851

8. Creditors: Amounts Falling Due After More Than One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 2,550,992 |  | 2,490,954
Other creditors | - |  | 20,000
| 2,550,992 |  | 2,510,954

Page 5
Page 6
Tin Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
9. Secured Creditors
Of the creditors the following amounts are secured.

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 2,533,667 |  | 2,464,287

10. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100 Ordinary Shares of £ 1.000 each | 100 |  | 100

11. Reserves

| Fair Value Reserve
--- | ---
| £
As at 1 January 2024 | 397,947
As at 31 December 2024 | 397,947

12. Related Party Transactions
Within other creditors due within 1 year is an amount of £7,500 (2023: £12,500) owed to Cyceco Limited. Robert Staegemann is a director in both companies.
13. Ultimate Controlling Party
The company's ultimate controlling party is Robert Stageman by virtue of his ownership of 55% of the issued share capital in the company.
Page 6