Acorah Software Products - Accounts Production 19.4.300 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 03877939 Philip Hamill Christopher Schumann iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03877939 2024-12-31 03877939 2025-12-31 03877939 2025-01-01 2025-12-31 03877939 frs-core:CurrentFinancialInstruments 2025-12-31 03877939 frs-core:ComputerEquipment 2025-12-31 03877939 frs-core:ComputerEquipment 2025-01-01 2025-12-31 03877939 frs-core:ComputerEquipment 2024-12-31 03877939 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-01 2025-12-31 03877939 frs-core:FurnitureFittings 2025-12-31 03877939 frs-core:FurnitureFittings 2025-01-01 2025-12-31 03877939 frs-core:FurnitureFittings 2024-12-31 03877939 frs-core:OtherResidualIntangibleAssets 2025-12-31 03877939 frs-core:OtherResidualIntangibleAssets 2025-01-01 2025-12-31 03877939 frs-core:OtherResidualIntangibleAssets 2024-12-31 03877939 frs-core:PlantMachinery 2025-12-31 03877939 frs-core:PlantMachinery 2025-01-01 2025-12-31 03877939 frs-core:PlantMachinery 2024-12-31 03877939 frs-core:RevaluationReserve 2025-12-31 03877939 frs-core:ShareCapital 2025-12-31 03877939 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 03877939 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 03877939 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 03877939 frs-bus:SmallEntities 2025-01-01 2025-12-31 03877939 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 03877939 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 03877939 frs-bus:OrdinaryShareClass1 2025-01-01 2025-12-31 03877939 frs-bus:OrdinaryShareClass1 2025-12-31 03877939 frs-bus:Director1 2025-01-01 2025-12-31 03877939 frs-bus:Director1 2024-12-31 03877939 frs-bus:Director1 2025-12-31 03877939 frs-bus:Director2 2025-01-01 2025-12-31 03877939 frs-bus:Director2 2024-12-31 03877939 frs-bus:Director2 2025-12-31 03877939 frs-countries:EnglandWales 2025-01-01 2025-12-31 03877939 2023-12-31 03877939 2024-12-31 03877939 2024-01-01 2024-12-31 03877939 frs-core:CurrentFinancialInstruments 2024-12-31 03877939 frs-core:RevaluationReserve 2024-12-31 03877939 frs-core:ShareCapital 2024-12-31 03877939 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03877939 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31
Registered number: 03877939
T101 Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03877939
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 64,956 102,048
Tangible Assets 5 32,340 31,783
97,296 133,831
CURRENT ASSETS
Debtors 6 463,398 470,630
Cash at bank and in hand 120,269 189,321
583,667 659,951
Creditors: Amounts Falling Due Within One Year 7 (373,508 ) (375,150 )
NET CURRENT ASSETS (LIABILITIES) 210,159 284,801
TOTAL ASSETS LESS CURRENT LIABILITIES 307,455 418,632
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,085 ) (7,946 )
NET ASSETS 299,370 410,686
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 21,208 582
Profit and Loss Account 278,062 410,004
SHAREHOLDERS' FUNDS 299,370 410,686
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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
Christopher Schumann
Director
25 September 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
T101 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03877939 . The registered office is Avaland House, 110 London Road, Apsley Hemel Hempstead, Herts, HP3 9SD.
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 rendering of services. 
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are represented by holdings in crypto-currency. After initial recognition, intangible assets are measured using the revaluation model. At the end of each financial period the assets are revalued using the active market rates. The assets are deemed to have an indefinite useful life so are not amortised.
If the carrying amount is increased as a result of a revaluation, the increase shall be recognised in profit or loss to the extent that it
reverses an impairment of the same asset previously recognised in profit or loss, otherwise the increase shall be recognised in other comprehensive income and accumulated in equity.
The decrease of an asset’s carrying amount as a result of a revaluation shall be recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity. If a revaluation decrease exceeds the accumulated revaluation gains recognised in equity in respect of that asset, the excess shall be recognised in profit or loss.
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:
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2024: 21)
20 21
4. Intangible Assets
Other Intangible Assets
£
Cost or Valuation
As at 1 January 2025 102,048
Revaluations 20,626
Disposals (57,718 )
As at 31 December 2025 64,956
Net Book Value
As at 31 December 2025 64,956
As at 1 January 2025 102,048
If the intangible assets had been accounted for under the historical cost accounting rules the amounts would be:
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Historical cost
£43,747
Accumulated amortisation
£Nil
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 10,541 20,701 60,412 91,654
Additions - 2,578 7,556 10,134
As at 31 December 2025 10,541 23,279 67,968 101,788
Depreciation
As at 1 January 2025 4,521 15,777 39,573 59,871
Provided during the period 1,505 1,785 6,287 9,577
As at 31 December 2025 6,026 17,562 45,860 69,448
Net Book Value
As at 31 December 2025 4,515 5,717 22,108 32,340
As at 1 January 2025 6,020 4,924 20,839 31,783
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 293,805 318,734
Prepayments and accrued income 16,777 13,458
Other debtors 16,061 17,787
Directors' loan accounts 136,755 120,651
463,398 470,630
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 27,770 28,530
Corporation tax 19,478 6,283
Other taxes and social security 38,064 36,020
VAT 4,685 9,762
Other creditors 5,872 4,167
Accruals and deferred income 277,639 290,388
373,508 375,150
8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Philip Hamill 80,801 236,404 219,750 - 97,455
Mr Christopher Schumann 39,850 - 550 - 39,300
The above loans are unsecured and repayable on demand. 
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