Torchbearer Interactive Ltd Accounts






Torchbearer Interactive Ltd

	Company No. 10437501
		Information for Filing with The Registrar
		30 April 2026

The Directors present their report and the accounts for the period ended 30 April 2026.

Principal activities
The principal activity of the company during the period under review was Business and domestic software development and Ready-made interactive leisure and entertainment soft.




Directors

The Directors who served at any time during the period were as follows:

B. Adams			(Resigned 27 January 2025)
M. Cowan			(Resigned 27 January 2025)
J.H. Langley
P. Waugh






































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

P. Waugh
Director
09 September 2026

at	30 April 2026
Company No.		10437501	Notes	2026	2024
				£	£
Fixed assets
	Intangible assets		5	172	172
	Tangible assets		6	10,122	13,210


				10,294	13,382
Current assets

	Debtors		7	6,074	25,174

	Cash at bank and in hand			681	36,424
				6,755	61,598
Creditors: Amount falling due within one year			8	(1,529)	(15,532)
Net current assets				5,226	46,066
Total assets less current liabilities				15,520	59,448
Creditors: Amounts falling due after more than one year			9	(15,250)	(20,163)



Net assets				270	39,285

Capital and reserves
	Called up share capital			5	5
	Share premium account		11	19,998	19,998


	Profit and loss account		11	(19,733)	19,282

Total equity				270	39,285



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the period ended 30 April 2026 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 09 September 2026 and signed on its behalf by:
P. Waugh
Director
09 September 2026

for the period ended 30 April 2026

General information

Torchbearer Interactive Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 10437501

Its registered office is:

7 St. Georges Square

Huddersfield

HD1 1LA

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

The directors have considered the company’s financial position and cash flow forecasts and are satisfied
that the company has adequate resources to continue in operational existence for the foreseeable
future. Accordingly, the financial statements have been prepared on a going concern basis.

Accounting policies

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable, net of discounts, rebates and VAT.

Revenue is recognised when the company satisfies its performance obligations under contracts with customers and control of goods or services transfers to the customer.

Revenue from printing services is recognised in the accounting period in which the services are provided.

Revenue from the sale of printed goods is recognised when goods are delivered to the customer and legal title passes.

Payment is generally due under agreed credit terms.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

20% Reducing balance

Furniture, fittings and equipment

20% Reducing balance

Leased assets

The company did not have any leased assets or right-of-use assets during the year.

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

Income tax expense represents the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2024
			Number	Number
		The average monthly number of employees (including directors) during the period:	1	3

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2024
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	-	3,000

		Total corporation tax	-	3,000





		Tax on profit on ordinary activities	-	3,000

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2026	2024
		5289	£	£
		Profit on ordinary activities before tax	(21,154)	33,347

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	(5,289)	8,337
		Other tax adjustments and allowances	5,289	(5,337)




		Tax on profit on ordinary activities	-	3,000

5	Intangible fixed assets
			Goodwill	Total
			£	£
		Cost
		At 1 November 2024	172	172


		At 30 April 2026	172	172
		Amortisation and impairment





		Net book values
		At 30 April 2026	172	172
		At 31 October 2024	172	172

6	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 November 2024	38,948	38,948
		Additions	1,250	1,250



		At 30 April 2026	40,198	40,198
		Depreciation
		At 1 November 2024	25,738	25,738
		Charge for the year	4,338	4,338



		At 30 April 2026	30,076	30,076
		Net book values
		At 30 April 2026	10,122	10,122
		At 31 October 2024	13,210	13,210

7	Debtors
			2026	2024
			£	£
		Trade debtors	5,074	24,066






		Prepayments and accrued income	1,000	1,108
			6,074	25,174

8	Creditors:
		amounts falling due within one year
			2026	2024
			£	£






		Taxes and social security	592	14,907
		Loans from directors	936	624

		Accruals and deferred income	1	1
			1,529	15,532

9	Creditors:
		amounts falling due after more than one year
			2026	2024
			£	£

		Bank loans and overdrafts	15,250	20,163






			15,250	20,163

Share Capital

5000 Ordinary Shares of £0.01 each were called up and fully paid.

Reserves

Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.

Profit and loss account - includes all current and prior period retained profits and losses.

12	Dividends
			2026	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	17,861	27,555

			17,861	27,555

		Dividends by type:

		Equity dividends	17,861	27,555
			17,861	27,555