Acorah Software Products - Accounts Production 16.8.310 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 05393237 Mr J N Julyan Mrs E J Julyan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05393237 2024-04-30 05393237 2025-04-30 05393237 2024-05-01 2025-04-30 05393237 frs-core:Non-currentFinancialInstruments 2025-04-30 05393237 frs-core:BetweenOneFiveYears 2025-04-30 05393237 frs-core:NetGoodwill 2024-05-01 2025-04-30 05393237 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 05393237 frs-core:PlantMachinery 2024-05-01 2025-04-30 05393237 frs-core:WithinOneYear 2025-04-30 05393237 frs-core:RevaluationReserve 2024-04-30 05393237 frs-core:RevaluationReserve 2025-04-30 05393237 frs-core:ShareCapital 2025-04-30 05393237 frs-core:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 05393237 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-04-30 05393237 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 05393237 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 05393237 frs-bus:AbridgedAccounts 2024-05-01 2025-04-30 05393237 frs-bus:SmallEntities 2024-05-01 2025-04-30 05393237 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 05393237 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 05393237 frs-core:DeferredTaxation 2024-04-30 05393237 frs-core:DeferredTaxation 2025-04-30 05393237 frs-bus:Director1 2024-05-01 2025-04-30 05393237 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 05393237 2 2024-05-01 2025-04-30 05393237 frs-countries:EnglandWales 2024-05-01 2025-04-30 05393237 2023-04-30 05393237 2024-04-30 05393237 2023-05-01 2024-04-30 05393237 frs-core:Non-currentFinancialInstruments 2024-04-30 05393237 frs-core:BetweenOneFiveYears 2024-04-30 05393237 frs-core:PlantMachinery 2023-05-01 2024-04-30 05393237 frs-core:WithinOneYear 2024-04-30 05393237 frs-core:RevaluationReserve 2024-04-30 05393237 frs-core:ShareCapital 2024-04-30 05393237 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 05393237
Team Maintenance Services Limited
ABRIDGED Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 05393237
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1 1
Tangible Assets 5 337,451 304,851
337,452 304,852
CURRENT ASSETS
Debtors 292,440 198,412
Cash at bank and in hand 80 7,576
292,520 205,988
Creditors: Amounts Falling Due Within One Year (243,843 ) (144,405 )
NET CURRENT ASSETS (LIABILITIES) 48,677 61,583
TOTAL ASSETS LESS CURRENT LIABILITIES 386,129 366,435
Creditors: Amounts Falling Due After More Than One Year (153,511 ) (80,801 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (78,487 ) (68,180 )
NET ASSETS 154,131 217,454
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 95,165 95,165
Profit and Loss Account 58,866 122,189
SHAREHOLDERS' FUNDS 154,131 217,454
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 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 April 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr J N Julyan
Director
14th January 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Team Maintenance Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05393237 . The registered office is Tregerles Farm, Mitchell, Newquay, Cornwall, TR8 4PW.
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.  
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 fifteen 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 4% on cost
Plant & Machinery 20% on reducing balance
2.5. 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.
2.6. 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 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: 19 (2024: 22)
19 22
4. Intangible Assets
Total
£
Cost
As at 1 May 2024 35,000
As at 30 April 2025 35,000
Amortisation
As at 1 May 2024 34,999
As at 30 April 2025 34,999
Net Book Value
As at 30 April 2025 1
As at 1 May 2024 1
5. Tangible Assets
Total
£
Cost
As at 1 May 2024 646,660
Additions 226,496
Disposals (188,706 )
As at 30 April 2025 684,450
Depreciation
As at 1 May 2024 341,809
Provided during the period 83,215
Disposals (78,025 )
As at 30 April 2025 346,999
Net Book Value
As at 30 April 2025 337,451
As at 1 May 2024 304,851
The Director reviewed and revalued the fair value of the company's plant and machinery, based on the estimated market value, at 30th April 2016.
The significant fair value of such assets have been arrived at based on the likely replacement cost being the estimated market value.
No such revaluation is thought to be necessary at 30th April 2025 as the net book value of the company's assets are not deemed to be materially different from the estimated market value.
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Plant & Machinery 173,741 119,883
Page 4
Page 5
6. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 218,554 76,179
7. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 92,821 29,046
Later than one year and not later than five years 125,733 47,133
218,554 76,179
218,554 76,179
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 May 2024 68,180 68,180
Accelerated capital allowances 10,307 10,307
Balance at 30 April 2025 78,487 78,487
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 May 2024 95,165 122,189
Loss for the year and total comprehensive income - (62,573 )
Dividends paid - (750)
As at 30 April 2025 95,165 58,866
Page 5