Acorah Software Products - Accounts Production 14.5.601 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 04794407 Mr Terry Funnell Mr Dean Kent iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04794407 2022-12-31 04794407 2023-12-31 04794407 2023-01-01 2023-12-31 04794407 frs-core:CurrentFinancialInstruments 2023-12-31 04794407 frs-core:PlantMachinery 2023-12-31 04794407 frs-core:PlantMachinery 2023-01-01 2023-12-31 04794407 frs-core:PlantMachinery 2022-12-31 04794407 frs-core:ShareCapital 2023-12-31 04794407 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04794407 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04794407 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04794407 frs-bus:SmallEntities 2023-01-01 2023-12-31 04794407 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04794407 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04794407 frs-bus:Director1 2023-01-01 2023-12-31 04794407 frs-bus:Director2 2023-01-01 2023-12-31 04794407 frs-countries:EnglandWales 2023-01-01 2023-12-31 04794407 2021-12-31 04794407 2022-12-31 04794407 2022-01-01 2022-12-31 04794407 frs-core:CurrentFinancialInstruments 2022-12-31 04794407 frs-core:ShareCapital 2022-12-31 04794407 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 04794407
Reebo Scaffolding Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Tasker Osman & Co
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04794407
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 123,434 26,812
123,434 26,812
CURRENT ASSETS
Stocks 5 12,440 9,880
Debtors 6 52,944 24,356
Cash at bank and in hand 73,508 51,542
138,892 85,778
Creditors: Amounts Falling Due Within One Year 7 (207,028 ) (106,022 )
NET CURRENT ASSETS (LIABILITIES) (68,136 ) (20,244 )
TOTAL ASSETS LESS CURRENT LIABILITIES 55,298 6,568
NET ASSETS 55,298 6,568
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 55,198 6,468
SHAREHOLDERS' FUNDS 55,298 6,568
Page 1
Page 2
For the year ending 31 December 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 Terry Funnell
Director
Mr Dean Kent
Director
09/04/2024
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
Reebo Scaffolding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04794407 . The registered office is 10 South Way, Newhaven, East Sussex, BN9 9LL.
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:
Plant & Machinery 25%
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: 1 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2023 115,139
Additions 110,833
Disposals (54,777 )
As at 31 December 2023 171,195
Depreciation
As at 1 January 2023 88,327
Provided during the period 14,211
Disposals (54,777 )
As at 31 December 2023 47,761
...CONTINUED
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Net Book Value
As at 31 December 2023 123,434
As at 1 January 2023 26,812
5. Stocks
2023 2022
£ £
Closing Valuation 12,440 9,880
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 52,944 24,356
52,944 24,356
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,818 1,319
Bank loans and overdrafts 733 -
Other taxes and social security 6,556 2,701
VAT 18,347 11,371
Accruals and deferred income 2,000 2,000
Directors' loan accounts 174,574 88,631
207,028 106,022
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4