Acorah Software Products - Accounts Production 14.5.601 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 04251713 Mr Noel Reilly Mrs Mary Reilly Mr Noel Reilly iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04251713 2022-11-30 04251713 2023-11-30 04251713 2022-12-01 2023-11-30 04251713 frs-core:CurrentFinancialInstruments 2023-11-30 04251713 frs-core:Non-currentFinancialInstruments 2023-11-30 04251713 frs-core:ComputerEquipment 2023-11-30 04251713 frs-core:ComputerEquipment 2022-12-01 2023-11-30 04251713 frs-core:ComputerEquipment 2022-11-30 04251713 frs-core:FurnitureFittings 2023-11-30 04251713 frs-core:FurnitureFittings 2022-12-01 2023-11-30 04251713 frs-core:FurnitureFittings 2022-11-30 04251713 frs-core:NetGoodwill 2023-11-30 04251713 frs-core:NetGoodwill 2022-12-01 2023-11-30 04251713 frs-core:NetGoodwill 2022-11-30 04251713 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 04251713 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 04251713 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 04251713 frs-core:MotorVehicles 2023-11-30 04251713 frs-core:MotorVehicles 2022-12-01 2023-11-30 04251713 frs-core:MotorVehicles 2022-11-30 04251713 frs-core:PlantMachinery 2023-11-30 04251713 frs-core:PlantMachinery 2022-12-01 2023-11-30 04251713 frs-core:PlantMachinery 2022-11-30 04251713 frs-core:ShareCapital 2023-11-30 04251713 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 04251713 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 04251713 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 04251713 frs-bus:SmallEntities 2022-12-01 2023-11-30 04251713 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 04251713 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 04251713 frs-bus:Director1 2022-12-01 2023-11-30 04251713 frs-bus:Director2 2022-12-01 2023-11-30 04251713 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 04251713 frs-core:Non-currentFinancialInstruments 1 2023-11-30 04251713 frs-countries:EnglandWales 2022-12-01 2023-11-30 04251713 2021-11-30 04251713 2022-11-30 04251713 2021-12-01 2022-11-30 04251713 frs-core:CurrentFinancialInstruments 2022-11-30 04251713 frs-core:Non-currentFinancialInstruments 2022-11-30 04251713 frs-core:ShareCapital 2022-11-30 04251713 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 04251713 frs-core:Non-currentFinancialInstruments 1 2022-11-30
Registered number: 04251713
Response Technical Services Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
TaxAssist Accountants
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04251713
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 9,809 13,024
9,809 13,024
CURRENT ASSETS
Stocks 6 224,970 224,970
Debtors 7 272,701 224,476
Cash at bank and in hand 178,049 200,405
675,720 649,851
Creditors: Amounts Falling Due Within One Year 8 (104,182 ) (85,534 )
NET CURRENT ASSETS (LIABILITIES) 571,538 564,317
TOTAL ASSETS LESS CURRENT LIABILITIES 581,347 577,341
Creditors: Amounts Falling Due After More Than One Year 9 (267,470 ) (279,217 )
NET ASSETS 313,877 298,124
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 313,777 298,024
SHAREHOLDERS' FUNDS 313,877 298,124
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For the year ending 30 November 2023 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 Noel Reilly
Director
19th April 2024
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
Response Technical Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04251713 . The registered office is Pool House, Bancroft Road, Reigate, Surrey, RH2 7RP.
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 profit and loss account over its estimated economic life of .... 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:
Freehold n/a
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
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 includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. 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.
2.7. 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 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: 10 (2022: 10)
10 10
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2022 280,164
As at 30 November 2023 280,164
Amortisation
As at 1 December 2022 280,164
As at 30 November 2023 280,164
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5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 December 2022 693 79,342 14,081 56,431
As at 30 November 2023 693 79,342 14,081 56,431
Depreciation
As at 1 December 2022 - 78,234 12,975 46,491
Provided during the period - 277 276 2,485
As at 30 November 2023 - 78,511 13,251 48,976
Net Book Value
As at 30 November 2023 693 831 830 7,455
As at 1 December 2022 693 1,108 1,106 9,940
Computer Equipment Total
£ £
Cost
As at 1 December 2022 33,932 184,479
As at 30 November 2023 33,932 184,479
Depreciation
As at 1 December 2022 33,755 171,455
Provided during the period 177 3,215
As at 30 November 2023 33,932 174,670
Net Book Value
As at 30 November 2023 - 9,809
As at 1 December 2022 177 13,024
6. Stocks
2023 2022
£ £
Stock 224,970 224,970
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7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 223,926 194,116
Prepayments and accrued income 3,484 3,484
Other debtors 26,026 26,026
253,436 223,626
Due after more than one year
Other debtors Staff Loans 19,265 850
19,265 850
272,701 224,476
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 2 3
Bank loans and overdrafts 22 22
Corporation tax 28,239 23,598
VAT 45,403 32,284
Net wages 1,883 1,079
Accruals and deferred income (3,116 ) (3,201 )
Directors' loan accounts 31,749 31,749
104,182 85,534
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Trade creditors 70,762 85,778
Other creditors 196,708 193,439
267,470 279,217
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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