Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11817793 Mr THASEELAN MAHENDRANATHAN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11817793 2024-03-31 11817793 2025-03-31 11817793 2024-04-01 2025-03-31 11817793 frs-core:CurrentFinancialInstruments 2025-03-31 11817793 frs-core:Non-currentFinancialInstruments 2025-03-31 11817793 frs-core:FurnitureFittings 2025-03-31 11817793 frs-core:FurnitureFittings 2024-04-01 2025-03-31 11817793 frs-core:FurnitureFittings 2024-03-31 11817793 frs-core:NetGoodwill 2025-03-31 11817793 frs-core:NetGoodwill 2024-04-01 2025-03-31 11817793 frs-core:NetGoodwill 2024-03-31 11817793 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 11817793 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 11817793 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 11817793 frs-core:ShareCapital 2025-03-31 11817793 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11817793 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11817793 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11817793 frs-bus:SmallEntities 2024-04-01 2025-03-31 11817793 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11817793 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11817793 frs-bus:Director1 2024-04-01 2025-03-31 11817793 frs-countries:EnglandWales 2024-04-01 2025-03-31 11817793 2023-03-31 11817793 2024-03-31 11817793 2023-04-01 2024-03-31 11817793 frs-core:CurrentFinancialInstruments 2024-03-31 11817793 frs-core:Non-currentFinancialInstruments 2024-03-31 11817793 frs-core:ShareCapital 2024-03-31 11817793 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11817793
T Sbo Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
3 Honington Camp PO
Green Lane
Honington
Suffolk
IP31 1EG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11817793
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 135,000 135,000
Tangible Assets 5 111,854 112,261
246,854 247,261
CURRENT ASSETS
Stocks 6 14,500 13,250
Debtors 7 - 1,500
Cash at bank and in hand 3,005 3,888
17,505 18,638
Creditors: Amounts Falling Due Within One Year 8 (32,050 ) (16,793 )
NET CURRENT ASSETS (LIABILITIES) (14,545 ) 1,845
TOTAL ASSETS LESS CURRENT LIABILITIES 232,309 249,106
Creditors: Amounts Falling Due After More Than One Year 9 (188,359 ) (208,473 )
NET ASSETS 43,950 40,633
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 43,850 40,533
SHAREHOLDERS' FUNDS 43,950 40,633
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 THASEELAN MAHENDRANATHAN
Director
31 December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
T Sbo Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11817793 . The registered office is 381 Middlemarch Road, Coventry, West Midlands, CV6 3GQ.
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, 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
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:
Freehold -
Fixtures & Fittings 18% WDV
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 4)
5 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 135,000
As at 31 March 2025 135,000
Net Book Value
As at 31 March 2025 135,000
As at 1 April 2024 135,000
5. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 110,000 5,000 115,000
As at 31 March 2025 110,000 5,000 115,000
Depreciation
As at 1 April 2024 - 2,739 2,739
Provided during the period - 407 407
As at 31 March 2025 - 3,146 3,146
Net Book Value
As at 31 March 2025 110,000 1,854 111,854
As at 1 April 2024 110,000 2,261 112,261
6. Stocks
2025 2024
£ £
Finished goods 14,500 13,250
7. Debtors
2025 2024
£ £
Due within one year
Other debtors - 1,500
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 7,282 6,353
Bank loans and overdrafts 4,929 -
Other loans 15,222 -
Corporation tax 779 9,730
Other taxes and social security 3,417 134
VAT 421 576
32,050 16,793
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 66,680 89,755
Directors loan account 121,679 118,718
188,359 208,473
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5