Acorah Software Products - Accounts Production 18.1.170 false true 31 December 2024 1 January 2024 false 16 April 2026 1 January 2025 31 December 2025 31 December 2025 02932351 Mr L A P Soares Mr J L T Pina Torre Sociedade De Confeccoess true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02932351 2024-12-31 02932351 2025-12-31 02932351 2025-01-01 2025-12-31 02932351 frs-core:CurrentFinancialInstruments 2025-12-31 02932351 frs-core:ComputerEquipment 2025-12-31 02932351 frs-core:ComputerEquipment 2025-01-01 2025-12-31 02932351 frs-core:ComputerEquipment 2024-12-31 02932351 frs-core:FurnitureFittings 2025-12-31 02932351 frs-core:FurnitureFittings 2025-01-01 2025-12-31 02932351 frs-core:FurnitureFittings 2024-12-31 02932351 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 02932351 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 02932351 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 02932351 frs-core:MotorVehicles 2025-12-31 02932351 frs-core:MotorVehicles 2025-01-01 2025-12-31 02932351 frs-core:MotorVehicles 2024-12-31 02932351 frs-core:PlantMachinery 2025-12-31 02932351 frs-core:PlantMachinery 2025-01-01 2025-12-31 02932351 frs-core:PlantMachinery 2024-12-31 02932351 frs-core:ShareCapital 2025-12-31 02932351 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 02932351 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02932351 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 02932351 frs-bus:SmallEntities 2025-01-01 2025-12-31 02932351 frs-bus:Audited 2025-01-01 2025-12-31 02932351 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02932351 1 2025-01-01 2025-12-31 02932351 frs-bus:Director1 2025-01-01 2025-12-31 02932351 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 02932351 frs-countries:EnglandWales 2025-01-01 2025-12-31 02932351 2023-12-31 02932351 2024-12-31 02932351 2024-01-01 2024-12-31 02932351 frs-core:CurrentFinancialInstruments 2024-12-31 02932351 frs-core:ShareCapital 2024-12-31 02932351 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 02932351
Torre (UK) Limited
Financial Statements
For The Year Ended 31 December 2025
Ashdown Price Chartered Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 02932351
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 515,366 527,552
Investments 13 13
515,379 527,565
CURRENT ASSETS
Stocks 1,287,462 1,530,318
Debtors 5 539,606 661,551
Cash at bank and in hand 28,283 350,814
1,855,351 2,542,683
Creditors: Amounts Falling Due Within One Year 6 (229,469 ) (159,887 )
NET CURRENT ASSETS (LIABILITIES) 1,625,882 2,382,796
TOTAL ASSETS LESS CURRENT LIABILITIES 2,141,261 2,910,361
NET ASSETS 2,141,261 2,910,361
CAPITAL AND RESERVES
Called up share capital 7 1,000,000 1,000,000
Profit and Loss Account 1,141,261 1,910,361
SHAREHOLDERS' FUNDS 2,141,261 2,910,361
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 L A P Soares
Director
10/04/2026
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Torre (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02932351 . The registered office is Unit 12, Fleet Business Park, Sandy Lane, Church Crookham, Fleet, Hampshire, GU52 8BF.
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.
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:
Freehold 2% on Cost
Plant & Machinery 15% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on reducing balance
2.4. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stock.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
...CONTINUED
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2.6. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 8)
8 8
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2025 746,898 94,281 12,048 6,495
Additions - - - -
As at 31 December 2025 746,898 94,281 12,048 6,495
Depreciation
As at 1 January 2025 233,542 87,030 10,507 6,319
Provided during the period 9,938 1,087 385 26
As at 31 December 2025 243,480 88,117 10,892 6,345
Net Book Value
As at 31 December 2025 503,418 6,164 1,156 150
As at 1 January 2025 513,356 7,251 1,541 176
Computer Equipment Total
£ £
Cost
As at 1 January 2025 33,961 893,683
Additions 1,410 1,410
As at 31 December 2025 35,371 895,093
Depreciation
As at 1 January 2025 28,733 366,131
Provided during the period 2,160 13,596
As at 31 December 2025 30,893 379,727
Net Book Value
As at 31 December 2025 4,478 515,366
As at 1 January 2025 5,228 527,552
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Page 4
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 510,583 426,163
Amounts owed by group undertakings - 207,313
Other debtors 29,023 28,075
539,606 661,551
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 16,257 15,472
Corporation tax 13,682 55,415
Social security snd other tax 31,383 48,966
Other creditors 50,679 40,034
Amounts owed to group undertakings 117,468 -
229,469 159,887
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000,000 1,000,000
8. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
9. Ultimate Controlling Party
The company's ultimate controlling party is Torre Sociedade De Confeccoess by virtue of his ownership of 100% of the issued share capital in the company.
10. Audit Information
The auditor's report on the accounts of Torre (UK) Limited for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by Frank Edge (Senior Statutory Auditor) for and on behalf of Accountsource Limited , Statutory Auditor.
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