Acorah Software Products - Accounts Production 16.4.675 false true 31 July 2024 1 January 2024 false 1 August 2024 31 July 2025 31 July 2025 07449097 Mr Charles Dall'Omo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07449097 2024-07-31 07449097 2025-07-31 07449097 2024-08-01 2025-07-31 07449097 frs-core:CurrentFinancialInstruments 2025-07-31 07449097 frs-core:Non-currentFinancialInstruments 2025-07-31 07449097 frs-core:ComputerEquipment 2024-08-01 2025-07-31 07449097 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-01 2025-07-31 07449097 frs-core:FurnitureFittings 2025-07-31 07449097 frs-core:FurnitureFittings 2024-08-01 2025-07-31 07449097 frs-core:FurnitureFittings 2024-07-31 07449097 frs-core:OtherResidualIntangibleAssets 2025-07-31 07449097 frs-core:OtherResidualIntangibleAssets 2024-08-01 2025-07-31 07449097 frs-core:OtherResidualIntangibleAssets 2024-07-31 07449097 frs-core:ShareCapital 2025-07-31 07449097 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 07449097 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 07449097 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 07449097 frs-bus:SmallEntities 2024-08-01 2025-07-31 07449097 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 07449097 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 07449097 frs-bus:Director1 2024-08-01 2025-07-31 07449097 frs-countries:EnglandWales 2024-08-01 2025-07-31 07449097 2023-12-31 07449097 2024-07-31 07449097 2024-01-01 2024-07-31 07449097 frs-core:CurrentFinancialInstruments 2024-07-31 07449097 frs-core:Non-currentFinancialInstruments 2024-07-31 07449097 frs-core:ShareCapital 2024-07-31 07449097 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 07449097
Train Together Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07449097
31 July 2025 31 July 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,064 53,020
Tangible Assets 5 999 6,864
6,063 59,884
CURRENT ASSETS
Debtors 6 653,143 586,467
Cash at bank and in hand 1,619 1,758
654,762 588,225
Creditors: Amounts Falling Due Within One Year 7 (393,903 ) (364,880 )
NET CURRENT ASSETS (LIABILITIES) 260,859 223,345
TOTAL ASSETS LESS CURRENT LIABILITIES 266,922 283,229
Creditors: Amounts Falling Due After More Than One Year 8 (132,484 ) (168,622 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,418 ) (1,418 )
NET ASSETS 133,020 113,189
CAPITAL AND RESERVES
Called up share capital 9 182 182
Profit and Loss Account 132,838 113,007
SHAREHOLDERS' FUNDS 133,020 113,189
Page 1
Page 2
For the year ending 31 July 2025 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 Profit and Loss Account.
On behalf of the board
Mr Charles Dall'Omo
Director
26/09/2025
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
Train Together Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07449097 . The registered office is 3 Gilmour Close, Leicester, England, LE4 1EZ.
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 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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
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:
Fixtures & Fittings 25% straight line
Computer Equipment 33% straight line
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.
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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 9)
9 9
4. Intangible Assets
Other
£
Cost
As at 1 August 2024 388,234
As at 31 July 2025 388,234
Amortisation
As at 1 August 2024 335,214
Provided during the period 47,956
As at 31 July 2025 383,170
Net Book Value
As at 31 July 2025 5,064
As at 1 August 2024 53,020
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 August 2024 74,032
As at 31 July 2025 74,032
Depreciation
As at 1 August 2024 67,168
Provided during the period 5,865
As at 31 July 2025 73,033
Net Book Value
As at 31 July 2025 999
As at 1 August 2024 6,864
6. Debtors
31 July 2025 31 July 2024
£ £
Due within one year
Trade debtors (3,391 ) 16,363
Prepayments and accrued income 385,802 303,155
Amounts owed by group undertakings 270,732 266,949
653,143 586,467
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
31 July 2025 31 July 2024
£ £
Trade creditors 165,257 168,799
Bank loans and overdrafts 67,662 38,147
Other loans 40,489 46,998
Corporation tax 32,269 16,176
Other taxes and social security 16,810 42,169
VAT 7,184 1,697
Accruals and deferred income 54,232 50,894
Director's loan account 10,000 -
393,903 364,880
8. Creditors: Amounts Falling Due After More Than One Year
31 July 2025 31 July 2024
£ £
Bank loans 132,484 168,622
9. Share Capital
31 July 2025 31 July 2024
£ £
Allotted, Called up and fully paid 182 182
Page 5