Acorah Software Products - Accounts Production 18.1.170 false true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 08559908 Mr Andrew Tomlinson Mr Jeremy Tanner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08559908 2024-09-30 08559908 2025-09-30 08559908 2024-10-01 2025-09-30 08559908 frs-core:CurrentFinancialInstruments 2025-09-30 08559908 frs-core:Non-currentFinancialInstruments 2025-09-30 08559908 frs-core:BetweenOneFiveYears 2025-09-30 08559908 frs-core:FurnitureFittings 2025-09-30 08559908 frs-core:FurnitureFittings 2024-10-01 2025-09-30 08559908 frs-core:FurnitureFittings 2024-09-30 08559908 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-09-30 08559908 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-10-01 2025-09-30 08559908 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 08559908 frs-core:MotorVehicles 2025-09-30 08559908 frs-core:MotorVehicles 2024-10-01 2025-09-30 08559908 frs-core:MotorVehicles 2024-09-30 08559908 frs-core:PlantMachinery 2025-09-30 08559908 frs-core:PlantMachinery 2024-10-01 2025-09-30 08559908 frs-core:PlantMachinery 2024-09-30 08559908 frs-core:WithinOneYear 2025-09-30 08559908 frs-core:ShareCapital 2025-09-30 08559908 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 08559908 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 08559908 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 08559908 frs-bus:SmallEntities 2024-10-01 2025-09-30 08559908 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 08559908 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 08559908 frs-bus:Director1 2024-10-01 2025-09-30 08559908 frs-bus:Director2 2024-10-01 2025-09-30 08559908 frs-countries:EnglandWales 2024-10-01 2025-09-30 08559908 2023-09-30 08559908 2024-09-30 08559908 2023-10-01 2024-09-30 08559908 frs-core:CurrentFinancialInstruments 2024-09-30 08559908 frs-core:Non-currentFinancialInstruments 2024-09-30 08559908 frs-core:BetweenOneFiveYears 2024-09-30 08559908 frs-core:WithinOneYear 2024-09-30 08559908 frs-core:ShareCapital 2024-09-30 08559908 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: 08559908
Total Precision Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08559908
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 352,628 375,921
352,628 375,921
CURRENT ASSETS
Stocks 5 383,082 291,944
Debtors 6 522,958 432,382
Cash at bank and in hand 128,518 192,514
1,034,558 916,840
Creditors: Amounts Falling Due Within One Year 7 (487,007 ) (595,220 )
NET CURRENT ASSETS (LIABILITIES) 547,551 321,620
TOTAL ASSETS LESS CURRENT LIABILITIES 900,179 697,541
Creditors: Amounts Falling Due After More Than One Year 8 (9,359 ) (24,137 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (84,531 ) (84,531 )
NET ASSETS 806,289 588,873
CAPITAL AND RESERVES
Called up share capital 10 102 102
Profit and Loss Account 806,187 588,771
SHAREHOLDERS' FUNDS 806,289 588,873
Page 1
Page 2
For the year ending 30 September 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
Mr Andrew Tomlinson
Director
4th March 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
Total Precision Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08559908 . The registered office is Brittanic House, Compton Road Industrial Estate, Ilkeston, DE7 5BG.
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. 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 20% straight line basis
Plant & Machinery 20% and 10% reducing balance basis
Motor Vehicles 20% straight line basis
Fixtures & Fittings 20% straight line basis
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 is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks stocks to their present location and condition.
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
Page 3
Page 4
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  was: 36 (2024: 34)
36 34
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 October 2024 93,247 808,073 6,921 86,414 994,655
Additions 1,741 54,298 - 8,341 64,380
As at 30 September 2025 94,988 862,371 6,921 94,755 1,059,035
Depreciation
As at 1 October 2024 46,173 498,777 2,860 70,924 618,734
Provided during the period 18,649 65,138 1,384 2,502 87,673
As at 30 September 2025 64,822 563,915 4,244 73,426 706,407
Net Book Value
As at 30 September 2025 30,166 298,456 2,677 21,329 352,628
As at 1 October 2024 47,074 309,296 4,061 15,490 375,921
5. Stocks
2025 2024
£ £
Stock 362,543 260,269
Work in progress 20,539 31,675
383,082 291,944
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 463,921 315,462
Other debtors 59,037 116,920
522,958 432,382
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 14,778 13,181
Trade creditors 145,669 125,793
Other creditors 237,995 377,094
Taxation and social security 88,565 79,152
487,007 595,220
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,359 24,137
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 14,778 13,181
Later than one year and not later than five years 9,359 24,137
24,137 37,318
24,137 37,318
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 102 102
Page 5