Acorah Software Products - Accounts Production 19.1.200 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 11798710 Mr Andrew Hooper Miss Rachael Hooper iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11798710 2025-01-31 11798710 2026-01-31 11798710 2025-02-01 2026-01-31 11798710 frs-core:CurrentFinancialInstruments 2026-01-31 11798710 frs-core:ComputerEquipment 2025-02-01 2026-01-31 11798710 frs-core:FurnitureFittings 2025-02-01 2026-01-31 11798710 frs-core:MotorVehicles 2026-01-31 11798710 frs-core:MotorVehicles 2025-02-01 2026-01-31 11798710 frs-core:MotorVehicles 2025-01-31 11798710 frs-core:PlantMachinery 2026-01-31 11798710 frs-core:PlantMachinery 2025-02-01 2026-01-31 11798710 frs-core:PlantMachinery 2025-01-31 11798710 frs-core:WithinOneYear 2026-01-31 11798710 frs-core:ShareCapital 2026-01-31 11798710 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 11798710 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 11798710 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 11798710 frs-bus:SmallEntities 2025-02-01 2026-01-31 11798710 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 11798710 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 11798710 frs-bus:Director1 2025-02-01 2026-01-31 11798710 frs-bus:Director2 2025-02-01 2026-01-31 11798710 frs-countries:EnglandWales 2025-02-01 2026-01-31 11798710 2024-01-31 11798710 2025-01-31 11798710 2024-02-01 2025-01-31 11798710 frs-core:CurrentFinancialInstruments 2025-01-31 11798710 frs-core:WithinOneYear 2025-01-31 11798710 frs-core:ShareCapital 2025-01-31 11798710 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 11798710
Tap And Can Ltd
Financial Statements
For The Year Ended 31 January 2026
Aspire Accountancy and Bookkeeping Services Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11798710
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 60,673 23,061
60,673 23,061
CURRENT ASSETS
Stocks 5 6,050 5,800
Debtors 6 5,783 3,642
Cash at bank and in hand 11,580 35,948
23,413 45,390
Creditors: Amounts Falling Due Within One Year 7 (36,752 ) (23,603 )
NET CURRENT ASSETS (LIABILITIES) (13,339 ) 21,787
TOTAL ASSETS LESS CURRENT LIABILITIES 47,334 44,848
NET ASSETS 47,334 44,848
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 47,332 44,846
SHAREHOLDERS' FUNDS 47,334 44,848
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For the year ending 31 January 2026 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 Andrew Hooper
Director
23/04/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Tap And Can Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11798710 . The registered office is 65 Penson Way, Shrewsbury, Shropshire, SY1 2BF.
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:
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings N/A
Computer Equipment 25% Reducing balance
2.4. 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.
2.5. 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.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2025: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 February 2025 41,511 - 41,511
Additions 2,392 55,444 57,836
As at 31 January 2026 43,903 55,444 99,347
Depreciation
As at 1 February 2025 18,450 - 18,450
Provided during the period 6,363 13,861 20,224
As at 31 January 2026 24,813 13,861 38,674
Net Book Value
As at 31 January 2026 19,090 41,583 60,673
As at 1 February 2025 23,061 - 23,061
5. Stocks
2026 2025
£ £
Stock 6,050 5,800
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6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 4,470 1,796
Prepayments and accrued income 1,311 1,844
Called up share capital not paid 2 2
5,783 3,642
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 24,786 -
Trade creditors 8,486 6,513
Bank loans and overdrafts (28,306 ) (13,190 )
Corporation tax 26,664 16,182
Other taxes and social security - 9,442
VAT 3,369 2,664
Net pension 331 325
Accruals and deferred income 1,331 1,452
Directors' loan accounts 91 215
36,752 23,603
8. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 24,786 -
9. Share Capital
2026 2025
£ £
Called Up Share Capital not Paid 2 2
Amount of Allotted, Called Up Share Capital 2 2
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