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Registered number: 14853789
TJB Accountants Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14853789
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 276,469 216,000
Tangible Assets 5 2,896 2,702
279,365 218,702
CURRENT ASSETS
Debtors 6 55,098 4,868
Cash at bank and in hand 33,026 21,318
88,124 26,186
Creditors: Amounts Falling Due Within One Year 7 (63,864 ) (26,353 )
NET CURRENT ASSETS (LIABILITIES) 24,260 (167 )
TOTAL ASSETS LESS CURRENT LIABILITIES 303,625 218,535
NET ASSETS 303,625 218,535
CAPITAL AND RESERVES
Called up share capital 8 100 100
Other reserves 324,469 240,000
Profit and Loss Account (20,944 ) (21,565 )
SHAREHOLDERS' FUNDS 303,625 218,535
Page 1
Page 2
For the year ending 31 May 2026 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 her 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
Ms Tyler Boston
Director
01/07/2026
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
TJB Accountants Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14853789 . The registered office is Office 16 Egerton House, 2 Tower Road, Birkenhead, Wirral, United Kingdom, CH41 1FN.
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. 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 10 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:
Fixtures & Fittings 25% SL
Computer Equipment 25% SL
2.5. 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
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 1)
2 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 June 2025 240,000
Additions 84,469
As at 31 May 2026 324,469
Amortisation
As at 1 June 2025 24,000
Provided during the period 24,000
As at 31 May 2026 48,000
Net Book Value
As at 31 May 2026 276,469
As at 1 June 2025 216,000
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 June 2025 2,304 1,721 4,025
Additions 974 462 1,436
As at 31 May 2026 3,278 2,183 5,461
Depreciation
As at 1 June 2025 876 447 1,323
Provided during the period 735 507 1,242
As at 31 May 2026 1,611 954 2,565
Net Book Value
As at 31 May 2026 1,667 1,229 2,896
As at 1 June 2025 1,428 1,274 2,702
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 53,780 4,038
Other debtors 1,318 830
55,098 4,868
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 305 655
Bank loans and overdrafts 14,594 2,653
Other creditors 11,910 16,757
Taxation and social security 37,055 6,288
63,864 26,353
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
Page 5