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Registered number: 06727729
The Theatre Tent Company Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
JOHN BIRD
Chartered Accountants
26 Brookfield Street
Syston
LEICESTER
LE7 2AD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06727729
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 121,584 165,565
121,584 165,565
CURRENT ASSETS
Debtors 5 64,092 24,573
Cash at bank and in hand - 15,860
64,092 40,433
Creditors: Amounts Falling Due Within One Year 6 (221,593 ) (194,768 )
NET CURRENT ASSETS (LIABILITIES) (157,501 ) (154,335 )
TOTAL ASSETS LESS CURRENT LIABILITIES (35,917 ) 11,230
Creditors: Amounts Falling Due After More Than One Year 7 (18,015 ) (42,057 )
NET LIABILITIES (53,932 ) (30,827 )
CAPITAL AND RESERVES
Called up share capital 9 57,003 57,003
Profit and Loss Account (110,935 ) (87,830 )
SHAREHOLDERS' FUNDS (53,932) (30,827)
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For the year ending 31 October 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
Mrs S D Moore
Director
31/07/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Theatre Tent Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06727729 . The registered office is Unit 21, 4, Grimes Close, Birstall, Leicester, LE4 3EN. The accounts are presented in Sterling which is the functional currency of the company.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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 goods are delivered and legal title title has transferred to the buyer. Turnover from the hire of tents and equipment is accounted for on a straight line basis over the hire period.
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.
2.4. 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:
Tents, seats, tools, vehicles, trailers, fixtures & computers 10% reducing balance
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.
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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:
2025 2024
Office and administration 4 4
4 4
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4. Tangible Assets
Tents, seats, tools, vehicles, trailers, fixtures & computers
£
Cost
As at 1 November 2024 307,897
Disposals (58,591 )
As at 31 October 2025 249,306
Depreciation
As at 1 November 2024 142,332
Provided during the period 13,509
Disposals (28,119 )
As at 31 October 2025 127,722
Net Book Value
As at 31 October 2025 121,584
As at 1 November 2024 165,565
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 28,330 7,181
Prepayments and accrued income 7,196 4,691
Loans 10,699 -
Corporation tax recoverable 39 39
Deferred tax current asset 17,828 12,662
64,092 24,573
Other debtors include an amount of £NIL (2024 - £89) falling due after more than one year.
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 18,818 15,132
Bank loans and overdrafts 28,684 24,000
Other loans 67,176 54,175
Other taxes and social security 1,674 12,598
Other creditors (2) 97,139 77,397
Accruals and deferred income 8,102 11,466
221,593 194,768
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 18,015 42,057
Bank loans and other obligations outstanding at the reporting date include instalments due after more than five years of £Nil (2024 - £Nil). The Coronavirus Business Interruption Loan from Barclays Bank Plc is secured by a fixed and floating charge over the company's assets.
8. Deferred Taxation
The provision for deferred taxation is made up of accelerated capital allowances less trading losses.
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 57,003 57,003
10. Related Party Transactions
At the balance sheet date a sum of £18,589 (2024 - £27,159) was owed to companies in which the directors have a controlling interest. This amount is unsecured, interest-free and repayable upon demand.
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