Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 05279857 Mrs Amanda Roberts Mr Euan Roberts Mrs Amanda Roberts iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05279857 2023-12-31 05279857 2024-12-31 05279857 2024-01-01 2024-12-31 05279857 frs-core:CurrentFinancialInstruments 2024-12-31 05279857 frs-core:Non-currentFinancialInstruments 2024-12-31 05279857 frs-core:ComputerEquipment 2024-12-31 05279857 frs-core:ComputerEquipment 2024-01-01 2024-12-31 05279857 frs-core:ComputerEquipment 2023-12-31 05279857 frs-core:FurnitureFittings 2024-12-31 05279857 frs-core:FurnitureFittings 2024-01-01 2024-12-31 05279857 frs-core:FurnitureFittings 2023-12-31 05279857 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 05279857 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 05279857 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 05279857 frs-core:MotorVehicles 2024-12-31 05279857 frs-core:MotorVehicles 2024-01-01 2024-12-31 05279857 frs-core:MotorVehicles 2023-12-31 05279857 frs-core:PlantMachinery 2024-12-31 05279857 frs-core:PlantMachinery 2024-01-01 2024-12-31 05279857 frs-core:PlantMachinery 2023-12-31 05279857 frs-core:CapitalRedemptionReserve 2024-12-31 05279857 frs-core:ShareCapital 2024-12-31 05279857 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05279857 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05279857 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05279857 frs-bus:SmallEntities 2024-01-01 2024-12-31 05279857 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05279857 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05279857 frs-bus:Director1 2024-01-01 2024-12-31 05279857 frs-bus:Director2 2024-01-01 2024-12-31 05279857 frs-bus:Director2 2023-12-31 05279857 frs-bus:Director2 2024-12-31 05279857 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 05279857 1 2024-01-01 2024-12-31 05279857 frs-countries:EnglandWales 2024-01-01 2024-12-31 05279857 2022-12-31 05279857 2023-12-31 05279857 2023-01-01 2023-12-31 05279857 frs-core:CurrentFinancialInstruments 2023-12-31 05279857 frs-core:Non-currentFinancialInstruments 2023-12-31 05279857 frs-core:CapitalRedemptionReserve 2023-12-31 05279857 frs-core:ShareCapital 2023-12-31 05279857 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05279857 1 2023-01-01 2023-12-31 05279857 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 05279857
ARC Taunton 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: 05279857
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 27,624 34,159
27,624 34,159
CURRENT ASSETS
Stocks 450 850
Debtors 5 47,213 78,401
Cash at bank and in hand 36,770 51,352
84,433 130,603
Creditors: Amounts Falling Due Within One Year 6 (9,315 ) (24,484 )
NET CURRENT ASSETS (LIABILITIES) 75,118 106,119
TOTAL ASSETS LESS CURRENT LIABILITIES 102,742 140,278
Creditors: Amounts Falling Due After More Than One Year 7 (1,037 ) (4,342 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,249 ) (5,075 )
NET ASSETS 96,456 130,861
CAPITAL AND RESERVES
Called up share capital 2 2
Capital redemption reserve 1 1
Profit and Loss Account 96,453 130,858
SHAREHOLDERS' FUNDS 96,456 130,861
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
Mrs Amanda Roberts
Director
Mr Euan Roberts
Director
24 September 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
ARC Taunton Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05279857 . The registered office is Suite 106 Viney Court, Viney Street, Taunton, Somerset, TA1 3FB.
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 form 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. 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 5% straight line
Plant & Machinery 20% reducing balance
Motor Vehicles 25% straight line
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. 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.
2.5. 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.
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 assets reflect 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.
...CONTINUED
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2.5. Taxation - continued
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
2024 2023
Average number of employees including directors 2 3
2 3
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2024 12,452 14,003 64,045 13,621
Additions - 1,289 - -
Disposals - - (22,806 ) -
As at 31 December 2024 12,452 15,292 41,239 13,621
Depreciation
As at 1 January 2024 4,687 8,235 45,166 11,913
Provided during the period 623 1,100 7,811 428
Disposals - - (22,806 ) -
As at 31 December 2024 5,310 9,335 30,171 12,341
Net Book Value
As at 31 December 2024 7,142 5,957 11,068 1,280
As at 1 January 2024 7,765 5,768 18,879 1,708
Computer Equipment Total
£ £
Cost
As at 1 January 2024 725 104,846
Additions 2,377 3,666
Disposals - (22,806 )
As at 31 December 2024 3,102 85,706
Depreciation
As at 1 January 2024 686 70,687
Provided during the period 239 10,201
Disposals - (22,806 )
As at 31 December 2024 925 58,082
Net Book Value
As at 31 December 2024 2,177 27,624
As at 1 January 2024 39 34,159
Page 4
Page 5
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,383 28,257
Prepayments and accrued income 1,246 2,226
Directors' loan accounts - 931
Amounts owed by connected companies 35,584 46,987
47,213 78,401
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 997 1,657
Bank loans and overdrafts 3,082 3,181
Corporation tax 282 6,142
Other taxes and social security 47 825
VAT 1,686 7,940
Other creditors 1,285 2,527
Pension creditor - 218
Accruals and deferred income 1,664 1,994
Directors' loan accounts 272 -
9,315 24,484
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,037 4,342
8. Directors Advances, Credits and Guarantees
Included within Debtors is the following loan to a director:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Euan Roberts 931 - 931 - -
The above loan is unsecured, interest free and repayable on demand.
9. Related Party Transactions
The company paid rent of £6,600 (2023 - £6,600) to a company owned by the directors. The company also maintained a loan account with the related party. The loan is interest free and repayed on demand. At the balance sheet date the amount due to the company was £35,584 (2023 - £46,987).
The directors maintained a loan account with the company. The loan is interest free and repayable on demand. At the balance sheet date the amount due to the directors was £272 (2023: (£931)).
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