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 03182839 Mr Fadi Hallak Mr Stephen Lowden Mr Ihab Yassine iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03182839 2023-12-31 03182839 2024-12-31 03182839 2024-01-01 2024-12-31 03182839 frs-core:CurrentFinancialInstruments 2024-12-31 03182839 frs-core:ComputerEquipment 2024-12-31 03182839 frs-core:ComputerEquipment 2024-01-01 2024-12-31 03182839 frs-core:ComputerEquipment 2023-12-31 03182839 frs-core:ShareCapital 2024-12-31 03182839 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03182839 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03182839 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03182839 frs-bus:SmallEntities 2024-01-01 2024-12-31 03182839 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03182839 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03182839 frs-bus:Director1 2024-01-01 2024-12-31 03182839 frs-bus:Director2 2024-01-01 2024-12-31 03182839 frs-bus:Director3 2024-01-01 2024-12-31 03182839 frs-countries:EnglandWales 2024-01-01 2024-12-31 03182839 2022-12-31 03182839 2023-12-31 03182839 2023-01-01 2023-12-31 03182839 frs-core:CurrentFinancialInstruments 2023-12-31 03182839 frs-core:ShareCapital 2023-12-31 03182839 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 03182839 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 03182839
Taylor-Dejongh Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 03182839
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 62,516 60,721
Cash at bank and in hand 12,618 2,051
75,134 62,772
Creditors: Amounts Falling Due Within One Year 6 (49,329 ) (335,542 )
NET CURRENT ASSETS (LIABILITIES) 25,805 (272,770 )
TOTAL ASSETS LESS CURRENT LIABILITIES 25,805 (272,770 )
NET ASSETS/(LIABILITIES) 25,805 (272,770 )
CAPITAL AND RESERVES
Called up share capital 7 299,892 500
Profit and Loss Account (274,087 ) (273,270 )
SHAREHOLDERS' FUNDS 25,805 (272,770)
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 Stephen Lowden
Director
28th January 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Taylor-Dejongh Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03182839 . The registered office is 82 Wandsworth Bridge Road, London, SW6 2TF.
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.
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:
Computer Equipment 25% straight line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
Page 2
Page 3
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 3 3
3 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 19,073
As at 31 December 2024 19,073
Depreciation
As at 1 January 2024 19,073
As at 31 December 2024 19,073
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 25,466 -
Prepayments and accrued income 31,481 55,258
Other debtors 140 -
VAT 5,429 5,463
62,516 60,721
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 36,507 23,054
Other creditors 3,522 134,499
Loan from holding company - 174,089
Accruals and deferred income 9,300 3,900
49,329 335,542
Page 3
Page 4
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 299,892 500
Page 4