Acorah Software Products - Accounts Production 14.5.501 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 13130898 Miss Maleeha Alyas Mr Khalid Mahmood Ahmed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13130898 2023-01-31 13130898 2024-01-31 13130898 2023-02-01 2024-01-31 13130898 frs-core:PlantMachinery 2024-01-31 13130898 frs-core:PlantMachinery 2023-02-01 2024-01-31 13130898 frs-core:PlantMachinery 2023-01-31 13130898 frs-core:ShareCapital 2024-01-31 13130898 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13130898 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13130898 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13130898 frs-bus:SmallEntities 2023-02-01 2024-01-31 13130898 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13130898 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13130898 frs-bus:Director1 2023-02-01 2024-01-31 13130898 frs-bus:Director2 2023-02-01 2024-01-31 13130898 frs-countries:EnglandWales 2023-02-01 2024-01-31 13130898 2022-01-31 13130898 2023-01-31 13130898 2022-02-01 2023-01-31 13130898 frs-core:ShareCapital 2023-01-31 13130898 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13130898
RAMSAY EVANS LIMITED
Financial Statements
For The Year Ended 31 January 2024
Balance Sheet
Registered number: 13130898
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 330,602 55,732
330,602 55,732
CURRENT ASSETS
Cash at bank and in hand 71,312 1,077
71,312 1,077
NET CURRENT ASSETS (LIABILITIES) 71,312 1,077
TOTAL ASSETS LESS CURRENT LIABILITIES 401,914 56,809
NET ASSETS 401,914 56,809
CAPITAL AND RESERVES
Called up share capital 4 200,000 100
Profit and Loss Account 201,914 56,709
SHAREHOLDERS' FUNDS 401,914 56,809
For the year ending 31 January 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
03/04/2024
The notes on page 1 form part of these financial statements.
Page 1
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
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.
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.
1.3. 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:
Plant & Machinery 10%
2. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 2)
13 2
3. Tangible Assets
Plant & Machinery
£
Cost
As at 1 February 2023 64,141
Additions 316,222
As at 31 January 2024 380,363
Depreciation
As at 1 February 2023 8,409
Provided during the period 41,352
As at 31 January 2024 49,761
Net Book Value
As at 31 January 2024 330,602
As at 1 February 2023 55,732
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200,000 100