TACP Architects Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07611325

TACP Architects Ltd

Filleted Unaudited Financial Statements

31 March 2025

TACP Architects Ltd

Officers and Professional Advisers

The Board of Directors	Mr G Morris
	Mr J F Barker
	Mr A J Clarke
	Mrs A K Jones

Registered Office	Suite 3B
	Rossett Business Village
	Rossett
	Wrexham
	LL12 0AY

Accountants	Haswell Brothers LLP
	Chartered Accountants
	Suite 3B
	Rossett Business Village
	Rossett
	Wrexham
	LL12 0AY

TACP Architects Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed Assets

Tangible assets	6		11,521	16,782

Current Assets

Debtors	7	236,154	314,002
Cash at bank and in hand		1,209,267	934,564
		------------	------------
		1,445,421	1,248,566

Creditors: amounts falling due within one year	8	973,768		801,412
		------------		------------
Net Current Assets			471,653	447,154
			---------	---------
Total Assets Less Current Liabilities			483,174	463,936

Creditors: amounts falling due after more than one year	9		5,363	26,549

Provisions

Taxation including deferred tax	10	2,188	3,188
		---------	---------
Net Assets		475,623	434,199
		---------	---------

Capital and Reserves

Called up share capital	11	75	75
Capital redemption reserve		25	25
Profit and loss account		475,523	434,099
		---------	---------
Shareholders Funds		475,623	434,199
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

TACP Architects Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 3 December 2025 , and are signed on behalf of the board by:

Mr G Morris	Mr J F Barker
Director	Director

Mr A J Clarke	Mrs A K Jones
Director	Director

Company registration number: 07611325

TACP Architects Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 3B, Rossett Business Village, Rossett, Wrexham, LL12 0AY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue Recognition

Turnover is measured at fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax. In respect of long-term contracts for on-going services, turnover represents the vaue of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Income Tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign Currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Operating Leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	50% reducing balance

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible Assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold Property	-	20% straight line
Fixtures & Fittings	-	20% straight line
Office Equipment	-	25 % straight line

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial Instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined Contribution Plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 20 (2024: 20 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	124,141
	---------
Amortisation
At 1 April 2024 and 31 March 2025	124,141
	---------
Carrying amount
At 31 March 2025	–
	---------
At 31 March 2024	–
	---------

6. Tangible assets

	Land and buildings	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 April 2024	16,425	21,163	153,271	190,859
Additions	–	–	4,157	4,157
	--------	--------	---------	---------
At 31 March 2025	16,425	21,163	157,428	195,016
	--------	--------	---------	---------
Depreciation
At 1 April 2024	16,425	20,159	137,493	174,077
Charge for the year	–	251	9,167	9,418
	--------	--------	---------	---------
At 31 March 2025	16,425	20,410	146,660	183,495
	--------	--------	---------	---------
Carrying amount
At 31 March 2025	–	753	10,768	11,521
	--------	--------	---------	---------
At 31 March 2024	–	1,004	15,778	16,782
	--------	--------	---------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	109,986	200,938
Amounts owed by group undertakings	7,690	6,010
Prepayments and accrued income	91,337	61,705
Amounts receivable on contracts	27,141	45,349
	---------	---------
	236,154	314,002
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	21,186	20,767
Trade creditors	207,709	124,587
Corporation tax	88,586	138,906
Social security and other taxes	130,622	116,485
Other creditors	525,665	400,667
	---------	---------
	973,768	801,412
	---------	---------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	5,363	26,549
	-------	--------

10. Provisions

	Deferred tax
	£
At 1 April 2024	3,188
Charge against provision	( 1,000)
	-------
At 31 March 2025	2,188
	-------

11. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
A Ordinary shares of £ 1 each	75	75	75	75
	----	----	----	----

12. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	22,109	29,767
Later than 1 year and not later than 5 years	30,833	52,943
	--------	--------
	52,942	82,710
	--------	--------

13. Related party transactions

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102.

14. Controlling party

The company's immediate and ultimate controlling party is TACP Holdings Limited which holds 100% of the share capital of the company. The registered office of TACP Holdings Limited is Suite 3B, Rossett Business Village, Rossett, Wrexham, LL12 0AY.