Acorah Software Products - Accounts Production 16.7.461 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 06871852 Mr G A Jagger Mr A Brownridge true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06871852 2024-04-30 06871852 2025-04-30 06871852 2024-05-01 2025-04-30 06871852 frs-core:CurrentFinancialInstruments 2025-04-30 06871852 frs-core:Non-currentFinancialInstruments 2025-04-30 06871852 frs-core:FurnitureFittings 2025-04-30 06871852 frs-core:FurnitureFittings 2024-05-01 2025-04-30 06871852 frs-core:FurnitureFittings 2024-04-30 06871852 frs-core:MotorVehicles 2025-04-30 06871852 frs-core:MotorVehicles 2024-05-01 2025-04-30 06871852 frs-core:MotorVehicles 2024-04-30 06871852 frs-core:PlantMachinery 2025-04-30 06871852 frs-core:PlantMachinery 2024-05-01 2025-04-30 06871852 frs-core:PlantMachinery 2024-04-30 06871852 frs-core:CapitalRedemptionReserve 2025-04-30 06871852 frs-core:ShareCapital 2025-04-30 06871852 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 06871852 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 06871852 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 06871852 frs-bus:SmallEntities 2024-05-01 2025-04-30 06871852 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 06871852 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 06871852 1 2024-05-01 2025-04-30 06871852 frs-bus:Director1 2024-05-01 2025-04-30 06871852 frs-bus:Director2 2024-05-01 2025-04-30 06871852 frs-countries:EnglandWales 2024-05-01 2025-04-30 06871852 2023-04-30 06871852 2024-04-30 06871852 2023-05-01 2024-04-30 06871852 frs-core:CurrentFinancialInstruments 2024-04-30 06871852 frs-core:Non-currentFinancialInstruments 2024-04-30 06871852 frs-core:CapitalRedemptionReserve 2024-04-30 06871852 frs-core:ShareCapital 2024-04-30 06871852 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 06871852
Tag Tool Hire Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06871852
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 345,924 401,048
345,924 401,048
CURRENT ASSETS
Stocks 5 46,500 48,000
Debtors 6 523,939 480,495
Cash at bank and in hand 105,608 83,576
676,047 612,071
Creditors: Amounts Falling Due Within One Year 7 (245,666 ) (251,985 )
NET CURRENT ASSETS (LIABILITIES) 430,381 360,086
TOTAL ASSETS LESS CURRENT LIABILITIES 776,305 761,134
Creditors: Amounts Falling Due After More Than One Year 8 (81,934 ) (30,593 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (51,652 ) (77,039 )
NET ASSETS 642,719 653,502
CAPITAL AND RESERVES
Called up share capital 9 100 100
Capital redemption reserve 100 100
Profit and Loss Account 642,519 653,302
SHAREHOLDERS' FUNDS 642,719 653,502
Page 1
Page 2
For the year ending 30 April 2025 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 A Brownridge
Director
10th November 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Tag Tool Hire Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06871852 . The registered office is Units 2-3 Victoria Business Park, Lightowler Road, Halifax, West Yorkshire, HX1 5ND.
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 for goods supplied and hire of equipment, net of discounts and Value Added Tax.
2.3. 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:
Plant & Machinery 15%-25% On Cost
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.
Page 3
Page 4
2.6. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 10)
10 10
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 May 2024 773,047 28,971 7,073 809,091
Additions 119,205 - - 119,205
Disposals (77,348 ) - - (77,348 )
As at 30 April 2025 814,904 28,971 7,073 850,948
Depreciation
As at 1 May 2024 378,419 23,109 6,515 408,043
Provided during the period 132,039 1,466 112 133,617
Disposals (36,636 ) - - (36,636 )
As at 30 April 2025 473,822 24,575 6,627 505,024
Net Book Value
As at 30 April 2025 341,082 4,396 446 345,924
As at 1 May 2024 394,628 5,862 558 401,048
5. Stocks
2025 2024
£ £
Stock 46,500 48,000
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 153,398 201,645
Amounts owed by group undertakings 324,664 275,111
Other debtors 45,877 3,739
523,939 480,495
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 39,685 64,553
Trade creditors 87,681 79,805
Bank loans and overdrafts 13,375 -
Other creditors 11,883 5,943
Taxation and social security 93,042 101,684
245,666 251,985
Bank borrowings are secured against the assets of the company.
Net obligations under finance lease and hire purchase contracts are secured on the assets to which they relate.
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 18,403 30,593
Bank loans 63,531 -
81,934 30,593
Bank borrowings are secured against the assets of the company.
Net obligations under finance lease and hire purchase contracts are secured on the assets to which they relate.
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
During the year, Tag Tool Hire Ltd made arms length transactions with its holding company, Tag Tool Hire Holdings Ltd. At the 30 April 2025 the balance owed by this company was £324,664 
Page 5
Page 6
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Tag Tool Hire Holdings Ltd
The ultimate controlling party are the directors by virtue of their 100% ownership of Tag Tool Hire Holdings Ltd .
Page 6