Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07148440 Robert Jeffries Brian Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07148440 2023-03-31 07148440 2024-03-31 07148440 2023-04-01 2024-03-31 07148440 frs-core:CurrentFinancialInstruments 2024-03-31 07148440 frs-core:ComputerEquipment 2024-03-31 07148440 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07148440 frs-core:ComputerEquipment 2023-03-31 07148440 frs-core:MotorVehicles 2024-03-31 07148440 frs-core:MotorVehicles 2023-04-01 2024-03-31 07148440 frs-core:MotorVehicles 2023-03-31 07148440 frs-core:ShareCapital 2024-03-31 07148440 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07148440 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07148440 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07148440 frs-bus:SmallEntities 2023-04-01 2024-03-31 07148440 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07148440 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07148440 frs-bus:Director1 2023-04-01 2024-03-31 07148440 frs-bus:Director2 2023-04-01 2024-03-31 07148440 frs-countries:EnglandWales 2023-04-01 2024-03-31 07148440 2022-03-31 07148440 2023-03-31 07148440 2022-04-01 2023-03-31 07148440 frs-core:CurrentFinancialInstruments 2023-03-31 07148440 frs-core:ShareCapital 2023-03-31 07148440 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07148440
R & B Caravans Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Dickinsons Accountants (Kent) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07148440
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,925 3,657
2,925 3,657
CURRENT ASSETS
Stocks 5 4,217 9,873
Cash at bank and in hand 100 100
4,317 9,973
Creditors: Amounts Falling Due Within One Year 6 (20,565 ) (18,019 )
NET CURRENT ASSETS (LIABILITIES) (16,248 ) (8,046 )
TOTAL ASSETS LESS CURRENT LIABILITIES (13,323 ) (4,389 )
NET LIABILITIES (13,323 ) (4,389 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (13,325 ) (4,391 )
SHAREHOLDERS' FUNDS (13,323) (4,389)
Page 1
Page 2
For the year ending 31 March 2024 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
Brian Smith
Director
15/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R & B Caravans Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07148440 . The registered office is 175b Reculver Road, Herne Bay, Kent, CT6 6PY.
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. 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:
Motor Vehicles 20% RB
Computer Equipment 20% RB
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 8,000 2,408 10,408
As at 31 March 2024 8,000 2,408 10,408
Depreciation
As at 1 April 2023 4,961 1,790 6,751
Provided during the period 608 124 732
As at 31 March 2024 5,569 1,914 7,483
...CONTINUED
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Net Book Value
As at 31 March 2024 2,431 494 2,925
As at 1 April 2023 3,039 618 3,657
5. Stocks
2024 2023
£ £
Stock 4,217 9,873
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 200 -
Bank loans and overdrafts 8,884 3,864
Corporation tax 70 70
Other taxes and social security - 95
VAT 2,534 376
Other creditors 8,443 12,868
Directors' loan accounts 434 746
20,565 18,019
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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