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 12203151 Mr A J Ball Ms A Barsby Mr M D Neale Mr S E Smith Ms D Xerxes-Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12203151 2023-12-31 12203151 2024-12-31 12203151 2024-01-01 2024-12-31 12203151 frs-core:CurrentFinancialInstruments 2024-12-31 12203151 frs-core:ComputerEquipment 2024-12-31 12203151 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12203151 frs-core:ComputerEquipment 2023-12-31 12203151 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 12203151 frs-core:FurnitureFittings 2024-12-31 12203151 frs-core:FurnitureFittings 2024-01-01 2024-12-31 12203151 frs-core:FurnitureFittings 2023-12-31 12203151 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 12203151 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 12203151 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 12203151 frs-core:OtherResidualIntangibleAssets 2024-12-31 12203151 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 12203151 frs-core:OtherResidualIntangibleAssets 2023-12-31 12203151 frs-core:SharePremium 2024-12-31 12203151 frs-core:ShareCapital 2024-12-31 12203151 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12203151 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12203151 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12203151 frs-bus:SmallEntities 2024-01-01 2024-12-31 12203151 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12203151 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12203151 frs-bus:Director1 2024-01-01 2024-12-31 12203151 frs-bus:Director2 2024-01-01 2024-12-31 12203151 frs-bus:Director3 2024-01-01 2024-12-31 12203151 frs-bus:Director4 2024-01-01 2024-12-31 12203151 frs-bus:Director5 2024-01-01 2024-12-31 12203151 frs-countries:EnglandWales 2024-01-01 2024-12-31 12203151 2022-12-31 12203151 2023-12-31 12203151 2023-01-01 2023-12-31 12203151 frs-core:CurrentFinancialInstruments 2023-12-31 12203151 frs-core:SharePremium 2023-12-31 12203151 frs-core:ShareCapital 2023-12-31 12203151 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12203151
Tessiant Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Grenfell James Associates Limited
13 The Courtyard Timothy's Bridge Road
Stratford Upon Avon
Warwickshire
CV37 9NP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12203151
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,184 -
Tangible Assets 5 18,536 16,672
21,720 16,672
CURRENT ASSETS
Debtors 6 1,063,020 1,023,428
Cash at bank and in hand 188,813 302,545
1,251,833 1,325,973
Creditors: Amounts Falling Due Within One Year 7 (763,334 ) (971,508 )
NET CURRENT ASSETS (LIABILITIES) 488,499 354,465
TOTAL ASSETS LESS CURRENT LIABILITIES 510,219 371,137
NET ASSETS 510,219 371,137
CAPITAL AND RESERVES
Called up share capital 36 36
Share premium account 149,995 149,995
Profit and Loss Account 360,188 221,106
SHAREHOLDERS' FUNDS 510,219 371,137
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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 M D Neale
Director
16/09/2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Tessiant Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12203151 . The registered office is Second Floor Offices, 7 & 8, Euston Place, Leamington Spa, CV32 4LN.
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 director of the company has confirmed that sufficient financial support will be provided to enable this company to continue its operations for a period of not less than 12 months from the date the balance sheet is signed and accordingly the financial statements are prepared 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 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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Computer Software. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.5. 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 20% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 33% on cost
2.6. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. 
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2.7. 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.
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.
2.8. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 21 (2023: 23)
21 23
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 -
Additions 3,746
As at 31 December 2024 3,746
...CONTINUED
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Amortisation
As at 1 January 2024 -
Provided during the period 562
As at 31 December 2024 562
Net Book Value
As at 31 December 2024 3,184
As at 1 January 2024 -
5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 13,402 11,220 9,062 33,684
Additions - 2,175 8,840 11,015
Disposals - (2,311 ) - (2,311 )
As at 31 December 2024 13,402 11,084 17,902 42,388
Depreciation
As at 1 January 2024 5,684 4,261 7,067 17,012
Provided during the period 2,680 2,003 3,139 7,822
Disposals - (982 ) - (982 )
As at 31 December 2024 8,364 5,282 10,206 23,852
Net Book Value
As at 31 December 2024 5,038 5,802 7,696 18,536
As at 1 January 2024 7,718 6,959 1,995 16,672
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 937,742 925,599
Other debtors 125,278 97,829
1,063,020 1,023,428
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 141,074 87,321
Other creditors 220,527 375,665
Taxation and social security 401,733 508,522
763,334 971,508
8. Directors Advances, Credits and Guarantees
As at 31st December 2024 there was a loan balance of £9,548 (2023 - £31,029) owing from Ms A Barsby to the company. The loan is repayable on demand and interest rate of 2.25% has been charged.
As at 31st December 2024 there was a loan balance of £22,728 (2023 - £Nil) owing from Ms D Xerxes-Wilson to the company. The loan is repayable on demand and interest rate of 2.25% has been charged.
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