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 09537917 Mr David Davies Mr Haydn Troshin-Darke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09537917 2023-12-31 09537917 2024-12-31 09537917 2024-01-01 2024-12-31 09537917 frs-core:CurrentFinancialInstruments 2024-12-31 09537917 frs-core:Non-currentFinancialInstruments 2024-12-31 09537917 frs-core:ComputerEquipment 2024-12-31 09537917 frs-core:ComputerEquipment 2024-01-01 2024-12-31 09537917 frs-core:ComputerEquipment 2023-12-31 09537917 frs-core:PlantMachinery 2024-12-31 09537917 frs-core:PlantMachinery 2024-01-01 2024-12-31 09537917 frs-core:PlantMachinery 2023-12-31 09537917 frs-core:SharePremium 2024-12-31 09537917 frs-core:ShareCapital 2024-12-31 09537917 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09537917 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09537917 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09537917 frs-bus:SmallEntities 2024-01-01 2024-12-31 09537917 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09537917 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09537917 frs-core:ListedExchangeTraded 2024-12-31 09537917 frs-core:ListedExchangeTraded 2023-12-31 09537917 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 09537917 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 09537917 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 09537917 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 09537917 frs-bus:Director1 2024-01-01 2024-12-31 09537917 frs-bus:Director2 2024-01-01 2024-12-31 09537917 frs-countries:EnglandWales 2024-01-01 2024-12-31 09537917 2022-12-31 09537917 2023-12-31 09537917 2023-01-01 2023-12-31 09537917 frs-core:CurrentFinancialInstruments 2023-12-31 09537917 frs-core:Non-currentFinancialInstruments 2023-12-31 09537917 frs-core:SharePremium 2023-12-31 09537917 frs-core:ShareCapital 2023-12-31 09537917 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09537917
Two Fat Men 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: 09537917
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,239 5,929
Investments 5 54 54
2,293 5,983
CURRENT ASSETS
Debtors 6 660,218 636,288
660,218 636,288
Creditors: Amounts Falling Due Within One Year 7 (647,693 ) (654,793 )
NET CURRENT ASSETS (LIABILITIES) 12,525 (18,505 )
TOTAL ASSETS LESS CURRENT LIABILITIES 14,818 (12,522 )
Creditors: Amounts Falling Due After More Than One Year 8 (97,020 ) (109,520 )
NET LIABILITIES (82,202 ) (122,042 )
CAPITAL AND RESERVES
Called up share capital 9 2,372 1,300
Share premium account 38,700 38,700
Profit and Loss Account (123,274 ) (162,042 )
SHAREHOLDERS' FUNDS (82,202) (122,042)
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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 Haydn Troshin-Darke
Director
20/08/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Two Fat Men Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09537917 . The registered office is 1 Capital Quarter, Tyndall Street, Cardiff, Wales, CF10 4BZ.
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:
Plant & Machinery 25% Straight Line
Computer Equipment 33% Straight Line
2.5. Charges
Barclays Security Trustee Limited holds fixed and floating charge and a negative pledge dated 21 January 2021 over Two Fat Men Limited on all monies, obligations and liabilities which may be due to Barclays Security Trustee Limited now and in the future. (Charge code 0953 7917 0002)
The Finance Wales Investments (8) LTD holds fixed and floating charge and a negative pledge dated 17 November 2015 over Two Fat Men Limited on all monies, obligations and liabilities which may be due to Finance Wales Investments (8) LTD now and in the future. (Charge code 0953 7917 0001)
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 22,481 4,846 27,327
Disposals (5,349 ) (950 ) (6,299 )
As at 31 December 2024 17,132 3,896 21,028
Depreciation
As at 1 January 2024 16,552 4,846 21,398
Provided during the period 3,690 - 3,690
Disposals (5,349 ) (950 ) (6,299 )
As at 31 December 2024 14,893 3,896 18,789
Net Book Value
As at 31 December 2024 2,239 - 2,239
As at 1 January 2024 5,929 - 5,929
5. Investments
Listed
£
Cost
As at 1 January 2024 54
As at 31 December 2024 54
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 54
As at 1 January 2024 54
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,000 -
Prepayments and accrued income 135,126 151,862
Other debtors 10,072 20,769
Amounts owed by group undertakings 511,020 463,657
660,218 636,288
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,685 10,972
Bank loans and overdrafts 30,849 21,355
Other taxes and social security 13,342 14,401
VAT 10,150 33,063
Other creditors 62,440 70,883
Accruals and deferred income - 1,841
Directors' loan accounts 200,809 224,329
Amounts owed to group undertakings 322,418 277,949
647,693 654,793
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 97,020 109,520
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2,372 1,300
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