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 10387130 Mr Ronald Downey Mr Joseph Cohen Mr Timothy Meanock Mr Johan Signer Mr Matthew Wise iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10387130 2023-12-31 10387130 2024-12-31 10387130 2024-01-01 2024-12-31 10387130 frs-core:CurrentFinancialInstruments 2024-12-31 10387130 frs-core:Non-currentFinancialInstruments 2024-12-31 10387130 frs-core:ComputerEquipment 2024-12-31 10387130 frs-core:ComputerEquipment 2024-01-01 2024-12-31 10387130 frs-core:ComputerEquipment 2023-12-31 10387130 frs-core:SharePremium 2024-12-31 10387130 frs-core:ShareCapital 2024-12-31 10387130 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10387130 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10387130 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10387130 frs-bus:SmallEntities 2024-01-01 2024-12-31 10387130 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 10387130 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10387130 frs-core:UnlistedNon-exchangeTraded 2024-12-31 10387130 frs-core:UnlistedNon-exchangeTraded 2023-12-31 10387130 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 10387130 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 10387130 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 10387130 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 10387130 frs-bus:Director1 2024-01-01 2024-12-31 10387130 frs-bus:Director2 2024-01-01 2024-12-31 10387130 frs-bus:Director3 2024-01-01 2024-12-31 10387130 frs-bus:Director4 2024-01-01 2024-12-31 10387130 frs-bus:Director5 2024-01-01 2024-12-31 10387130 frs-core:CurrentFinancialInstruments 4 2024-12-31 10387130 frs-countries:EnglandWales 2024-01-01 2024-12-31 10387130 2022-12-31 10387130 2023-12-31 10387130 2023-01-01 2023-12-31 10387130 frs-core:CurrentFinancialInstruments 2023-12-31 10387130 frs-core:Non-currentFinancialInstruments 2023-12-31 10387130 frs-core:SharePremium 2023-12-31 10387130 frs-core:ShareCapital 2023-12-31 10387130 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10387130 frs-core:Non-currentFinancialInstruments 2 2023-12-31 10387130 frs-core:CurrentFinancialInstruments 4 2023-12-31
Registered number: 10387130
Tallarna Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Certius Professional Services Limited
Chartered Tax Advisers - Certified Practising Accountants
Bayside Business Centre
48 Willis Way
Poole
Dorset
BH15 3TB
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountants' Report
In accordance with the engagement letter dated 01 November 2017, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 December 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
21st August 2025
Certius Professional Services Limited
Chartered Tax Advisers - Certified Practising Accountants
Bayside Business Centre
48 Willis Way
Poole
Dorset
BH15 3TB
Page 1
Page 2
Balance Sheet
Registered number: 10387130
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,030 5,391
Investments 5 451,179 451,179
455,209 456,570
CURRENT ASSETS
Debtors 6 209,677 435,274
Cash at bank and in hand 272,835 568,135
482,512 1,003,409
Creditors: Amounts Falling Due Within One Year 7 (511,410 ) (199,423 )
NET CURRENT ASSETS (LIABILITIES) (28,898 ) 803,986
TOTAL ASSETS LESS CURRENT LIABILITIES 426,311 1,260,556
Creditors: Amounts Falling Due After More Than One Year 8 (1,035,848 ) (180,184 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,008 ) (1,025 )
NET (LIABILITIES)/ASSETS (610,545 ) 1,079,347
CAPITAL AND RESERVES
Called up share capital 318 318
Share premium account 5,642,673 5,642,673
Profit and Loss Account (6,253,536 ) (4,563,644 )
SHAREHOLDERS' FUNDS (610,545) 1,079,347
Page 2
Page 3
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 Timothy Meanock
Director
29th September 2025
The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Tallarna Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10387130 . The registered office is C/O Certius Professional Services , Bayside Business Centre, Willis Way, Poole, Dorset, BH15 3TB.
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, using the reducing balance method on the following bases:
Computer Equipment 25% reducing balance
A full years depreciation is recorded in the year of acquistion and no depreciation is recorded in the year of disposal.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange prevailing at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate prevailing on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.6. 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.
2.7. Individual and separate financial statements
The company has decided to adopt the policy of accounting for its investments in subsidiaries, associates and jointly controlled entities at cost less impairement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 10)
9 10
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 12,575
As at 31 December 2024 12,575
...CONTINUED
Page 5
Page 6
Depreciation
As at 1 January 2024 7,184
Provided during the period 1,361
As at 31 December 2024 8,545
Net Book Value
As at 31 December 2024 4,030
As at 1 January 2024 5,391
5. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2024 451,179
As at 31 December 2024 451,179
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 451,179
As at 1 January 2024 451,179
The company has decided to take advantage of the exemption from consolidating their Financial Statements contained in section 9.3 of the Financial Reporting Standards 102. This is due to the immediate parent ownership exceeding 90%, and the exemption approval being made by all shareholders.

The company therefore has prepared its separate Financial Statements where the investments of subsidiaries are accounted for at cost less impairment.

6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 41,512 121,121
Prepayments and accrued income 11,871 15,672
Rent deposits 11,966 9,641
VAT 2,095 24,228
Amounts owed by subsidiaries 142,233 264,612
209,677 435,274
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Page 7
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 286,987 89,995
Bank loans and overdrafts 4,367 5,934
Other taxes and social security 17,500 17,805
Employee and Employer Contributions due to defined contribution pension scheme. 75,787 588
Accruals and deferred income 126,769 85,101
511,410 199,423
Creditors Falling Due Within One Year include amounts payable as at the balance sheet date in respect of employer and employee contributions to a statutory defined contribution pension scheme.
The amounts payable represent contributions due for the final month of the accounting period which become payable in the first month of the subsequent accounting period.
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
ABB Loan 926,296 -
Long term loans - US Dollars (USD) 68,988 66,928
Long term loans - Swedish Krona (SEK) - 72,858
Directors loan account 40,564 40,398
1,035,848 180,184
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