Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10486853 Mr Adam Lewis true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10486853 2023-12-31 10486853 2024-12-31 10486853 2024-01-01 2024-12-31 10486853 frs-core:CurrentFinancialInstruments 2024-12-31 10486853 frs-core:Non-currentFinancialInstruments 2024-12-31 10486853 frs-core:BetweenOneFiveYears 2024-12-31 10486853 frs-core:FurnitureFittings 2024-12-31 10486853 frs-core:FurnitureFittings 2024-01-01 2024-12-31 10486853 frs-core:FurnitureFittings 2023-12-31 10486853 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 10486853 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10486853 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 10486853 frs-core:WithinOneYear 2024-12-31 10486853 frs-core:ShareCapital 2024-12-31 10486853 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10486853 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10486853 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10486853 frs-bus:SmallEntities 2024-01-01 2024-12-31 10486853 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10486853 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10486853 1 2024-01-01 2024-12-31 10486853 frs-bus:Director1 2024-01-01 2024-12-31 10486853 frs-countries:EnglandWales 2024-01-01 2024-12-31 10486853 2022-12-31 10486853 2023-12-31 10486853 2023-01-01 2023-12-31 10486853 frs-core:CurrentFinancialInstruments 2023-12-31 10486853 frs-core:Non-currentFinancialInstruments 2023-12-31 10486853 frs-core:BetweenOneFiveYears 2023-12-31 10486853 frs-core:WithinOneYear 2023-12-31 10486853 frs-core:ShareCapital 2023-12-31 10486853 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10486853
Twisted Bars (Ilkley) Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Twisted Bars (Ilkley) Ltd
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Twisted Bars (Ilkley) Ltd
Statement of Financial Position
As At 31 December 2024
Statement of Financial Position
Registered number: 10486853

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 83,660 |  | 238,915
|  |  | 83,660 |  | 238,915
CURRENT ASSETS
Stocks |  | 25,027 |  | 20,913 |
Debtors | 5 | 87,390 |  | 8,233 |
Cash at bank and in hand |  | 53,794 |  | 41,723 |
|  | 166,211 |  | 70,869 |
Creditors: Amounts Falling Due Within One Year | 6 | (144,570 ) |  | (78,499 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 21,641 |  | (7,630 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 105,301 |  | 231,285
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (82,482 ) |  | (259,223 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (230 ) |  | (13,623 )
NET ASSETS/(LIABILITIES) |  |  | 22,589 |  | (41,561 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 95 |  | 95
Income Statement |  |  | 22,494 |  | (41,656 )
SHAREHOLDERS' FUNDS |  |  | 22,589 |  | (41,561)

Page 1
Page 2
Twisted Bars (Ilkley) Ltd
Statement of Financial Position (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 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 Income Statement.
On behalf of the board

Mr Adam Lewis Director
4 August 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Twisted Bars (Ilkley) Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Twisted Bars (Ilkley) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10486853 . The registered office is The Octagon, Wells Road, Ilkley, West Yorkshire, LS29 9JB.
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
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern asumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue. The board is committed to the success of the company in the following twelve months, and where necessary will endeavour to support the company with all means at their disposal to ensure its continuity. Therefore the directors still believe it is appropriate to prepare the accounts on a going concern basis.
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.
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 | Straight line over 15 year
Fixtures & Fittings | 15% on reducing balance

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 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.
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: 10 (2023: 10)
10 10
Page 3
Page 4
Twisted Bars (Ilkley) Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Fixtures & Fittings | Total
| £ | £ | £
Cost
As at 1 January 2024 | 249,536 | 210,797 | 460,333
Additions | 60,545 | 10,826 | 71,371
Disposals | (310,081 ) | - | (310,081 )
As at 31 December 2024 | - | 221,623 | 221,623
Depreciation
As at 1 January 2024 | 98,578 | 122,840 | 221,418
Provided during the period | 16,943 | 15,123 | 32,066
Disposals | (115,521 ) | - | (115,521 )
As at 31 December 2024 | - | 137,963 | 137,963
Net Book Value
As at 31 December 2024 | - | 83,660 | 83,660
As at 1 January 2024 | 150,958 | 87,957 | 238,915

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 104 |  | 1,028
Other debtors | 11,017 |  | 7,205
| 11,121 |  | 8,233
Due after more than one year
Amounts owed by group undertakings | 76,269 |  | -
| 87,390 |  | 8,233

6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 77,994 |  | 40,444
Bank loans and overdrafts | 7,780 |  | 7,291
Other creditors | 13,377 |  | 14,463
Taxation and social security | 45,419 |  | 16,301
| 144,570 |  | 78,499

Page 4
Page 5
Twisted Bars (Ilkley) Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
7. Creditors: Amounts Falling Due After More Than One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 33,696 |  | 38,965
Amounts owed to group undertakings | - |  | 172,321
Other creditors | 48,786 |  | 47,937
| 82,482 |  | 259,223

8. Secured Creditors
Included in creditors falling due within and after more than one year are the following:

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Other Creditors | - |  | 50,833

9. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 95 |  | 95

10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Not later than one year | 45,000 |  | 45,000
Later than one year and not later than five years | 67,500 |  | 112,000
| 112,500 |  | 157,000

11. Ultimate Controlling Party
The company's ultimate controlling party is Twisted Bars Holdings Ltd by virtue of its ownership of 100% of the issued share capital in the company.
Page 5