Acorah Software Products - Accounts Production 19.2.350 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 05954516 C Robinson R Robinson R Robinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05954516 2024-12-31 05954516 2025-12-31 05954516 2025-01-01 2025-12-31 05954516 frs-core:CurrentFinancialInstruments 2025-12-31 05954516 frs-core:Non-currentFinancialInstruments 2025-12-31 05954516 frs-core:BetweenOneFiveYears 2025-12-31 05954516 frs-core:ComputerEquipment 2025-12-31 05954516 frs-core:ComputerEquipment 2025-01-01 2025-12-31 05954516 frs-core:ComputerEquipment 2024-12-31 05954516 frs-core:FurnitureFittings 2025-12-31 05954516 frs-core:FurnitureFittings 2025-01-01 2025-12-31 05954516 frs-core:FurnitureFittings 2024-12-31 05954516 frs-core:MotorVehicles 2025-12-31 05954516 frs-core:MotorVehicles 2025-01-01 2025-12-31 05954516 frs-core:MotorVehicles 2024-12-31 05954516 frs-core:PlantMachinery 2025-12-31 05954516 frs-core:PlantMachinery 2025-01-01 2025-12-31 05954516 frs-core:PlantMachinery 2024-12-31 05954516 frs-core:WithinOneYear 2025-12-31 05954516 frs-core:ShareCapital 2025-12-31 05954516 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 05954516 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05954516 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 05954516 frs-bus:SmallEntities 2025-01-01 2025-12-31 05954516 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 05954516 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05954516 frs-bus:Director1 2025-01-01 2025-12-31 05954516 frs-bus:Director2 2025-01-01 2025-12-31 05954516 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 05954516 frs-countries:EnglandWales 2025-01-01 2025-12-31 05954516 2023-12-31 05954516 2024-12-31 05954516 2024-01-01 2024-12-31 05954516 frs-core:CurrentFinancialInstruments 2024-12-31 05954516 frs-core:Non-currentFinancialInstruments 2024-12-31 05954516 frs-core:BetweenOneFiveYears 2024-12-31 05954516 frs-core:WithinOneYear 2024-12-31 05954516 frs-core:ShareCapital 2024-12-31 05954516 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 05954516
Tofly Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05954516
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 61,574 60,793
61,574 60,793
CURRENT ASSETS
Stocks 5 23,750 21,720
Debtors 6 42,774 45,442
Cash at bank and in hand 47,280 50,603
113,804 117,765
Creditors: Amounts Falling Due Within One Year 7 (144,978 ) (155,559 )
NET CURRENT ASSETS (LIABILITIES) (31,174 ) (37,794 )
TOTAL ASSETS LESS CURRENT LIABILITIES 30,400 22,999
Creditors: Amounts Falling Due After More Than One Year 8 (17,464 ) (13,055 )
NET ASSETS 12,936 9,944
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 12,934 9,942
SHAREHOLDERS' FUNDS 12,936 9,944
Page 1
Page 2
For the year ending 31 December 2025 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
C Robinson
Director
8 May 2026
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
Tofly Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05954516 . The registered office is 16 Gatwick Metro Centre, Balcombe Road, Horley, Surrey, RH6 9GA.
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:
Plant & Machinery 10% Straight Line
Motor Vehicles 25% Straight Line
Fixtures & Fittings 15% Straight Line
Computer Equipment 33.33% Straight Line
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 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.
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 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: 36 (2024: 38)
36 38
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2025 165,237 24,990 47,828 29,733 267,788
Additions - - 32,055 - 32,055
As at 31 December 2025 165,237 24,990 79,883 29,733 299,843
Depreciation
As at 1 January 2025 118,761 19,994 41,149 27,091 206,995
Provided during the period 17,330 4,996 8,075 873 31,274
As at 31 December 2025 136,091 24,990 49,224 27,964 238,269
Net Book Value
As at 31 December 2025 29,146 - 30,659 1,769 61,574
As at 1 January 2025 46,476 4,996 6,679 2,642 60,793
5. Stocks
2025 2024
£ £
Stock 23,750 21,720
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 42,774 44,987
Prepayments and accrued income - 455
42,774 45,442
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 18,642 11,429
Trade creditors 31,124 40,008
Bank loans and overdrafts 639 4,187
Corporation tax 1,167 5,657
Other taxes and social security 14,095 10,123
VAT 3,970 5,420
Other creditors 1,797 -
Accruals and deferred income 3,207 4,347
Directors' loan accounts 70,337 74,388
144,978 155,559
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 17,464 12,422
Bank loans - 633
17,464 13,055
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 18,642 11,429
Later than one year and not later than five years 17,464 12,422
36,106 23,851
36,106 23,851
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 54,750 47,250
Later than one year and not later than five years 145,000 62,417
199,750 109,667
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