Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 15 December 2025 1 April 2024 31 March 2025 31 March 2025 07846722 Mr D S Barrie Mrs A J Clack Mr M B Harris Mr D J Hemming Mr S J Nixon Mr S M Roberts Mr M Wilkinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07846722 2024-03-31 07846722 2025-03-31 07846722 2024-04-01 2025-03-31 07846722 frs-core:CurrentFinancialInstruments 2025-03-31 07846722 frs-core:Non-currentFinancialInstruments 2025-03-31 07846722 frs-core:ComputerEquipment 2025-03-31 07846722 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07846722 frs-core:ComputerEquipment 2024-03-31 07846722 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07846722 frs-bus:CompanyLimitedByGuarantee 2024-04-01 2025-03-31 07846722 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07846722 frs-bus:SmallEntities 2024-04-01 2025-03-31 07846722 frs-bus:Audited 2024-04-01 2025-03-31 07846722 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07846722 frs-bus:Director1 2024-04-01 2025-03-31 07846722 frs-bus:Director2 2024-04-01 2025-03-31 07846722 frs-bus:Director3 2024-04-01 2025-03-31 07846722 frs-bus:Director4 2024-04-01 2025-03-31 07846722 frs-bus:Director5 2024-04-01 2025-03-31 07846722 frs-bus:Director6 2024-04-01 2025-03-31 07846722 frs-bus:Director7 2024-04-01 2025-03-31 07846722 frs-core:CurrentFinancialInstruments 1 2025-03-31 07846722 frs-countries:EnglandWales 2024-04-01 2025-03-31 07846722 2023-03-31 07846722 2024-03-31 07846722 2023-04-01 2024-03-31 07846722 frs-core:CurrentFinancialInstruments 2024-03-31 07846722 frs-core:Non-currentFinancialInstruments 2024-03-31 07846722 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07846722 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 07846722
Sutton Coldfield Town Centre BID Limited
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 07846722
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 282 911
282 911
CURRENT ASSETS
Debtors 5 19,125 32,275
Cash at bank and in hand 83,685 142,883
102,810 175,158
Creditors: Amounts Falling Due Within One Year 6 (41,205 ) (31,085 )
NET CURRENT ASSETS (LIABILITIES) 61,605 144,073
TOTAL ASSETS LESS CURRENT LIABILITIES 61,887 144,984
Creditors: Amounts Falling Due After More Than One Year 7 (3,000 ) (6,000 )
NET ASSETS 58,887 138,984
Income and Expenditure Account 58,887 138,984
MEMBERS' FUNDS 58,887 138,984
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 Income and Expenditure Account.
On behalf of the board
Mr M Wilkinson
Director
15th December 2025
The notes on pages 2 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sutton Coldfield Town Centre BID Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 07846722 . The registered office is 1 Trinity Place, Midland Drive, Sutton Coldfield, West Midlands, B72 1TX.
The presentation currency of the financial statements is the Pound Sterling (£). 
The financial statements are rounded to the nearest £.
The place of business is 2nd Floor, United Reformed Church, 1 Brassington Avenue, Sutton Coldfield, West Midlands, B73 6AA.
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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
Other income
Income from sponsorship and pitch hire is recognised at the point the the service is rendered to the customer.
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:
Computer Equipment 33% Straight Line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years 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 surplus. 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 surplus 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 surplus 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 assets reflect 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 and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 1,128
As at 31 March 2025 1,128
Depreciation
As at 1 April 2024 217
Provided during the period 629
As at 31 March 2025 846
Net Book Value
As at 31 March 2025 282
As at 1 April 2024 911
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,297 2,514
Prepayments and accrued income 12,710 22,994
Other debtors 479 479
Other taxes and scocial security 2,639 6,288
19,125 32,275
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,823 1,651
Other loans 6,000 3,000
Corporation tax 100 91
Other taxes and social security - 1,455
Accruals and deferred income 24,282 24,888
41,205 31,085
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 3,000 6,000
8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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9. Audit Information
The auditor's report on the accounts of Sutton Coldfield Town Centre BID Limited for the year ended 31 March 2025 was unqualified.
The auditor's report was signed by Adam Bexon MChem FCA (Senior Statutory Auditor) for and on behalf of Harwoods , Statutory Auditor.
Harwoods
1 Trinity Place
Midland Drive
Sutton Coldfield
B72 1TX
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