Acorah Software Products - Accounts Production 14.6.300 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 08415823 Mr Stuart Johnson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08415823 2023-02-28 08415823 2024-02-28 08415823 2023-03-01 2024-02-28 08415823 frs-core:CurrentFinancialInstruments 2024-02-28 08415823 frs-core:Non-currentFinancialInstruments 2024-02-28 08415823 frs-core:PlantMachinery 2024-02-28 08415823 frs-core:PlantMachinery 2023-03-01 2024-02-28 08415823 frs-core:PlantMachinery 2023-02-28 08415823 frs-core:ShareCapital 2024-02-28 08415823 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 08415823 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 08415823 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 08415823 frs-bus:SmallEntities 2023-03-01 2024-02-28 08415823 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 08415823 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 08415823 frs-bus:Director1 2023-03-01 2024-02-28 08415823 frs-bus:Director1 2023-02-28 08415823 frs-bus:Director1 2024-02-28 08415823 frs-core:CurrentFinancialInstruments 1 2024-02-28 08415823 frs-countries:EnglandWales 2023-03-01 2024-02-28 08415823 2022-02-28 08415823 2023-02-28 08415823 2022-03-01 2023-02-28 08415823 frs-core:CurrentFinancialInstruments 2023-02-28 08415823 frs-core:Non-currentFinancialInstruments 2023-02-28 08415823 frs-core:ShareCapital 2023-02-28 08415823 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 08415823 frs-core:CurrentFinancialInstruments 1 2023-02-28
Registered number: 08415823
Rupik Ltd
Financial Statements
For The Year Ended 28 February 2024
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08415823
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 214 299
214 299
CURRENT ASSETS
Debtors 4 52,988 47,002
Cash at bank and in hand 2 2
52,990 47,004
Creditors: Amounts Falling Due Within One Year 5 (40,758 ) (42,218 )
NET CURRENT ASSETS (LIABILITIES) 12,232 4,786
TOTAL ASSETS LESS CURRENT LIABILITIES 12,446 5,085
Creditors: Amounts Falling Due After More Than One Year 6 (12,090 ) (13,064 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (40 ) (57 )
NET ASSETS/(LIABILITIES) 316 (8,036 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 216 (8,136 )
SHAREHOLDERS' FUNDS 316 (8,036)
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For the year ending 28 February 2024 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 Profit and Loss Account.
On behalf of the board
Mr Stuart Johnson
Director
31 July 2024
The notes on pages 3 to 5 form part of these financial statements.
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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 receivable. Turnover includes revenue earned from the rendering of services.


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 25% Reducing Balance
1.4. 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 year 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 asset reflects 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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3. Tangible Assets
Plant & Machinery
£
Cost
As at 1 March 2023 1,463
As at 28 February 2024 1,463
Depreciation
As at 1 March 2023 1,164
Provided during the period 85
As at 28 February 2024 1,249
Net Book Value
As at 28 February 2024 214
As at 1 March 2023 299
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 31,543 32,868
Prepayments and accrued income - 328
Other debtors 1,911 1,911
Director's loan account 12,740 5,644
46,194 40,751
Due after more than one year
Corporation tax recoverable assets 6,794 6,251
6,794 6,251
52,988 47,002
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 584 112
Bank loans and overdrafts 3,780 3,627
Corporation tax 6,432 9,828
VAT 22,507 22,507
...CONTINUED
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Lloyds Credit Card Account 3,391 3,366
American Express 782 920
Accruals and deferred income 3,282 1,858
40,758 42,218
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 12,090 13,064
12,090 13,064
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 March 2023 Amounts advanced Amounts repaid Amounts written off As at 28 February 2024
£ £ £ £ £
Mr Stuart Johnson 5,644 7,096 - - 12,740
The above loan is unsecured and repayable on demand.
9. General Information
Rupik Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08415823 . The registered office is Suite 1, Sigma House, Hadley Park East, Telford, Shropshire, TF1 6QJ.
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