Acorah Software Products - Accounts Production 14.5.601 false true 30 June 2022 1 July 2021 false 1 July 2022 30 June 2023 30 June 2023 06783371 Mr David Salveson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06783371 2022-06-30 06783371 2023-06-30 06783371 2022-07-01 2023-06-30 06783371 frs-core:CurrentFinancialInstruments 2023-06-30 06783371 frs-core:Non-currentFinancialInstruments 2023-06-30 06783371 frs-core:ShareCapital 2023-06-30 06783371 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 06783371 frs-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 06783371 frs-bus:FilletedAccounts 2022-07-01 2023-06-30 06783371 frs-bus:SmallEntities 2022-07-01 2023-06-30 06783371 frs-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 06783371 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 06783371 frs-bus:Director1 2022-07-01 2023-06-30 06783371 frs-countries:EnglandWales 2022-07-01 2023-06-30 06783371 2021-06-30 06783371 2022-06-30 06783371 2021-07-01 2022-06-30 06783371 frs-core:CurrentFinancialInstruments 2022-06-30 06783371 frs-core:Non-currentFinancialInstruments 2022-06-30 06783371 frs-core:ShareCapital 2022-06-30 06783371 frs-core:RetainedEarningsAccumulatedLosses 2022-06-30
Registered number: 06783371
ROJO DISTRIBUTION (EUROPE) LIMITED
Unaudited Financial Statements
For The Year Ended 30 June 2023
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 06783371
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks 3 - 59,041
Debtors 4 23,404 30,675
Cash at bank and in hand 739 6,291
24,143 96,007
Creditors: Amounts Falling Due Within One Year 5 (19,060 ) (58,784 )
NET CURRENT ASSETS (LIABILITIES) 5,083 37,223
TOTAL ASSETS LESS CURRENT LIABILITIES 5,083 37,223
Creditors: Amounts Falling Due After More Than One Year 6 (103,104 ) (134,278 )
NET LIABILITIES (98,021 ) (97,055 )
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Income Statement (99,021 ) (98,055 )
SHAREHOLDERS' FUNDS (98,021) (97,055)
Page 1
Page 2
For the year ending 30 June 2023 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 his 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 Income Statement.
On behalf of the board
Mr David Salveson
Director
22 March 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the forseeable future.
The validity of this assumption depends on the continued financial support from the director's related company, Rojo Australia Pty Ltd, where at the balance sheet date, was owed £103,104 (2022 - £134,278) by the company.
As this support is likley to be maintained the director believes it is appropriate for the financial statements to be prepared on the going concern basis.
1.2. 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.
1.3. 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
3. Stocks
2023 2022
£ £
Stock - 59,041
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 22,756 30,319
Other debtors 648 356
23,404 30,675
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 19,060 58,784
19,060 58,784
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 103,104 134,278
103,104 134,278
Page 3
Page 4
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4