Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10848764 Mr A B Greatrex Mr T S Follows Mr J G Paris Mrs S J Roper Mrs C F Greatrex Mrs S V Paris Mr G J Paris Ms L J Paris Miss E J Greatrex Mr M R Smith Miss E J Greatrex iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10848764 2024-03-31 10848764 2025-03-31 10848764 2024-04-01 2025-03-31 10848764 frs-core:CurrentFinancialInstruments 2025-03-31 10848764 frs-core:ShareCapital 2025-03-31 10848764 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10848764 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10848764 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10848764 frs-bus:SmallEntities 2024-04-01 2025-03-31 10848764 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10848764 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10848764 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 10848764 frs-bus:OrdinaryShareClass1 2025-03-31 10848764 frs-bus:Director1 2024-04-01 2025-03-31 10848764 frs-bus:Director2 2024-04-01 2025-03-31 10848764 frs-bus:Director3 2024-04-01 2025-03-31 10848764 frs-bus:Director4 2024-04-01 2025-03-31 10848764 frs-bus:Director5 2024-04-01 2025-03-31 10848764 frs-bus:Director6 2024-04-01 2025-03-31 10848764 frs-bus:Director7 2024-04-01 2025-03-31 10848764 frs-bus:Director8 2024-04-01 2025-03-31 10848764 frs-bus:Director9 2024-04-01 2025-03-31 10848764 frs-bus:Director10 2024-04-01 2025-03-31 10848764 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 10848764 frs-countries:EnglandWales 2024-04-01 2025-03-31 10848764 2023-03-31 10848764 2024-03-31 10848764 2023-04-01 2024-03-31 10848764 frs-core:CurrentFinancialInstruments 2024-03-31 10848764 frs-core:ShareCapital 2024-03-31 10848764 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10848764 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31
Registered number: 10848764
TIIC Developments Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10848764
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,642,657 1,642,657
1,642,657 1,642,657
CURRENT ASSETS
Debtors 5 3,327 3,985
Cash at bank and in hand 28,406 30,074
31,733 34,059
Creditors: Amounts Falling Due Within One Year 6 (1,453,772 ) (1,505,324 )
NET CURRENT ASSETS (LIABILITIES) (1,422,039 ) (1,471,265 )
TOTAL ASSETS LESS CURRENT LIABILITIES 220,618 171,392
NET ASSETS 220,618 171,392
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 220,518 171,292
SHAREHOLDERS' FUNDS 220,618 171,392
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.
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 M R Smith
Director
12 December 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
TIIC Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10848764 . The registered office is Gibson House Hurricane Court, Hurricane Close, Stafford, ST16 1GZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006.  The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.  The policies adopted for the recognition of turnover are as follows:
Rental income
Rental income from operating leases, net of any incentives given to the lessees, is recognised on a straight-line basis over the lease term.
Interest receivable
Interest income is recognised using the effective interest method is recognised as the company's right to receive payment is established.
2.3. Investment Properties
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.
The investment properties are shown at fair value based on a valuation by the directors.
2.4. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.  
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements.  Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.5.
Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 10)
10 10
Page 2
Page 3
4. Investment Property
2025
£
Fair Value
As at 1 April 2024 and 31 March 2025 1,642,657
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,327 3,985
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,021 516
Corporation tax 15,170 15,163
Other creditors 972 972
Accruals and deferred income 7,341 6,565
Amounts owed to group undertakings 1,429,268 1,482,108
1,453,772 1,505,324
7. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
Page 3