Acorah Software Products - Accounts Production 15.0.500 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06981153 Mr S S Bajwa Mrs M K Bajwa RANR Holdings Limited 246 Green Lane, Walsall true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06981153 2023-03-31 06981153 2024-03-31 06981153 2023-04-01 2024-03-31 06981153 frs-core:CurrentFinancialInstruments 2024-03-31 06981153 frs-core:Non-currentFinancialInstruments 2024-03-31 06981153 frs-core:PlantMachinery 2024-03-31 06981153 frs-core:PlantMachinery 2023-04-01 2024-03-31 06981153 frs-core:PlantMachinery 2023-03-31 06981153 frs-core:ShareCapital 2024-03-31 06981153 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06981153 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06981153 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06981153 frs-bus:SmallEntities 2023-04-01 2024-03-31 06981153 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06981153 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06981153 1 2023-04-01 2024-03-31 06981153 frs-bus:Director1 2023-04-01 2024-03-31 06981153 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06981153 frs-countries:EnglandWales 2023-04-01 2024-03-31 06981153 2022-03-31 06981153 2023-03-31 06981153 2022-04-01 2023-03-31 06981153 frs-core:CurrentFinancialInstruments 2023-03-31 06981153 frs-core:Non-currentFinancialInstruments 2023-03-31 06981153 frs-core:ShareCapital 2023-03-31 06981153 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06981153
R&R Aerosol Systems Limited
Financial Statements
For The Year Ended 31 March 2024
Wynniatt-Husey Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06981153
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 187,820 220,960
187,820 220,960
CURRENT ASSETS
Stocks 5 82,227 131,191
Debtors 6 33,644 9,706
Cash at bank and in hand 213,499 217,542
329,370 358,439
Creditors: Amounts Falling Due Within One Year 7 (265,937 ) (332,811 )
NET CURRENT ASSETS (LIABILITIES) 63,433 25,628
TOTAL ASSETS LESS CURRENT LIABILITIES 251,253 246,588
Creditors: Amounts Falling Due After More Than One Year 8 (103,150 ) (144,452 )
NET ASSETS 148,103 102,136
CAPITAL AND RESERVES
Called up share capital 10 114,100 114,100
Profit and Loss Account 34,003 (11,964 )
SHAREHOLDERS' FUNDS 148,103 102,136
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 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 S S Bajwa
Director
24 June 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R&R Aerosol Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06981153 . The registered office is 246 Green Lane, Walsall, WS2 8HS.
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% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
2.6. Financial Instruments
There are no financial instruments that need reporting here.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Page 3
Page 4
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 11)
11 11
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 268,000
As at 31 March 2024 268,000
Depreciation
As at 1 April 2023 47,040
Provided during the period 33,140
As at 31 March 2024 80,180
Net Book Value
As at 31 March 2024 187,820
As at 1 April 2023 220,960
5. Stocks
2024 2023
£ £
Stock 82,227 131,191
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 33,644 9,706
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,693 92,019
Bank loans and overdrafts 8,333 8,333
Other taxes and social security 1,828 3,331
VAT 17,482 18,667
Other creditors 33,415 33,415
Accruals and deferred income 27,313 29,905
Director's loan account - 5,706
Amounts owed to subsidiaries 59,873 -
Amounts owed to parent undertaking 110,000 141,435
265,937 332,811
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 18,553 25,833
Other loans 84,597 118,619
103,150 144,452
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 123,935 152,034
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 114,100 114,100
11. Financial Instruments
There are no financial instruments that need to be reported here.
12. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is RANR Holdings Limited . RANR Holdings Limited was incorporated in England and Wales. . The ultimate controlling party is RANR Holdings Limited who controls 100% of the shares of R&R Aerosol Systems Limited .
Page 5