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 13245877 Mr James Lyon-Shaw iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13245877 2024-03-31 13245877 2025-03-31 13245877 2024-04-01 2025-03-31 13245877 frs-core:CurrentFinancialInstruments 2025-03-31 13245877 frs-core:Non-currentFinancialInstruments 2025-03-31 13245877 frs-core:ComputerEquipment 2025-03-31 13245877 frs-core:ComputerEquipment 2024-04-01 2025-03-31 13245877 frs-core:ComputerEquipment 2024-03-31 13245877 frs-core:FurnitureFittings 2025-03-31 13245877 frs-core:FurnitureFittings 2024-04-01 2025-03-31 13245877 frs-core:FurnitureFittings 2024-03-31 13245877 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 13245877 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 13245877 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 13245877 frs-core:PlantMachinery 2025-03-31 13245877 frs-core:PlantMachinery 2024-04-01 2025-03-31 13245877 frs-core:PlantMachinery 2024-03-31 13245877 frs-core:ShareCapital 2025-03-31 13245877 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13245877 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13245877 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13245877 frs-bus:SmallEntities 2024-04-01 2025-03-31 13245877 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13245877 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13245877 frs-bus:Director1 2024-04-01 2025-03-31 13245877 frs-core:CurrentFinancialInstruments 1 2025-03-31 13245877 frs-countries:EnglandWales 2024-04-01 2025-03-31 13245877 2023-03-31 13245877 2024-03-31 13245877 2023-04-01 2024-03-31 13245877 frs-core:CurrentFinancialInstruments 2024-03-31 13245877 frs-core:Non-currentFinancialInstruments 2024-03-31 13245877 frs-core:ShareCapital 2024-03-31 13245877 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13245877 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 13245877
Tgh Finchampstead Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Rodliffe Accounting Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13245877
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,303 51,850
1,303 51,850
CURRENT ASSETS
Stocks 5 24,174 26,424
Debtors 6 104,722 60,659
Cash at bank and in hand 117,223 134,673
246,119 221,756
Creditors: Amounts Falling Due Within One Year 7 (231,341 ) (261,677 )
NET CURRENT ASSETS (LIABILITIES) 14,778 (39,921 )
TOTAL ASSETS LESS CURRENT LIABILITIES 16,081 11,929
Creditors: Amounts Falling Due After More Than One Year 8 (100,000 ) (100,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (6,747 )
NET LIABILITIES (83,919 ) (94,818 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (83,920 ) (94,819 )
SHAREHOLDERS' FUNDS (83,919) (94,818)
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 James Lyon-Shaw
Director
15/09/2025
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
Tgh Finchampstead Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13245877 . The registered office is C/O Rodliffe Accounting Ltd, 1 Canada Square, 37th Floor, Canary Wharf, London, E14 5AA.
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. 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:
Leasehold 25% Straightline
Plant & Machinery 25% Straightline
Fixtures & Fittings 25% Straightline
Computer Equipment 25% Straightline
2.4. 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.
2.5. 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 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 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 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 profit or loss 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 26 (2024: 27)
26 27
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 99,443 84,764 3,050 20,145 207,402
Additions - 1,691 - - 1,691
As at 31 March 2025 99,443 86,455 3,050 20,145 209,093
Depreciation
As at 1 April 2024 74,583 63,573 2,287 15,109 155,552
Provided during the period 24,860 21,578 763 5,037 52,238
As at 31 March 2025 99,443 85,151 3,050 20,146 207,790
Net Book Value
As at 31 March 2025 - 1,304 - (1 ) 1,303
As at 1 April 2024 24,860 21,191 763 5,036 51,850
5. Stocks
2025 2024
£ £
Stock 24,174 26,424
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 95,995 17,760
Prepayments and accrued income - 8,332
Other debtors - 28,566
Rent Deposit 6,000 6,000
Deferred tax current asset 2,714 -
Director's loan account 13 1
104,722 60,659
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 45,769 58,335
Other taxes and social security 5,682 4,962
VAT 58,375 54,958
Net wages 8,479 14,693
Other creditors 35,120 39,103
Pension Payable 1,148 689
Accruals and deferred income 11,078 23,247
Amounts owed to group undertakings 65,690 65,690
231,341 261,677
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Directors loan account 100,000 100,000
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5