Acorah Software Products - Accounts Production 15.0.400 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 SC572509 Mr Donald Campbell Miss Wendy MacNaughton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC572509 2023-07-31 SC572509 2024-07-31 SC572509 2023-08-01 2024-07-31 SC572509 frs-core:CurrentFinancialInstruments 2024-07-31 SC572509 frs-core:ComputerEquipment 2024-07-31 SC572509 frs-core:ComputerEquipment 2023-08-01 2024-07-31 SC572509 frs-core:ComputerEquipment 2023-07-31 SC572509 frs-core:FurnitureFittings 2024-07-31 SC572509 frs-core:FurnitureFittings 2023-08-01 2024-07-31 SC572509 frs-core:FurnitureFittings 2023-07-31 SC572509 frs-core:MotorVehicles 2024-07-31 SC572509 frs-core:MotorVehicles 2023-08-01 2024-07-31 SC572509 frs-core:MotorVehicles 2023-07-31 SC572509 frs-core:PlantMachinery 2024-07-31 SC572509 frs-core:PlantMachinery 2023-08-01 2024-07-31 SC572509 frs-core:PlantMachinery 2023-07-31 SC572509 frs-core:ShareCapital 2024-07-31 SC572509 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC572509 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC572509 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 SC572509 frs-bus:SmallEntities 2023-08-01 2024-07-31 SC572509 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC572509 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 SC572509 frs-bus:Director1 2023-08-01 2024-07-31 SC572509 frs-bus:Director2 2023-08-01 2024-07-31 SC572509 frs-countries:Scotland 2023-08-01 2024-07-31 SC572509 2022-07-31 SC572509 2023-07-31 SC572509 2022-08-01 2023-07-31 SC572509 frs-core:CurrentFinancialInstruments 2023-07-31 SC572509 frs-core:ShareCapital 2023-07-31 SC572509 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: SC572509
Red Kite Campers Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Almond Valley Accounting Limited
CIMA
C/O Av Accounting, Suite 14 Ellismuir House
Ellismuir Way
Tannochside
G71 5PW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC572509
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 40,032
- 40,032
CURRENT ASSETS
Debtors 5 - 613
Cash at bank and in hand 85,052 44,032
85,052 44,645
Creditors: Amounts Falling Due Within One Year 6 (114,150 ) (111,522 )
NET CURRENT ASSETS (LIABILITIES) (29,098 ) (66,877 )
TOTAL ASSETS LESS CURRENT LIABILITIES (29,098 ) (26,845 )
NET LIABILITIES (29,098 ) (26,845 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (29,100 ) (26,847 )
SHAREHOLDERS' FUNDS (29,098) (26,845)
Page 1
Page 2
For the year ending 31 July 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
Miss Wendy MacNaughton
Director
13/07/2024
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
Red Kite Campers Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC572509 . The registered office is 93 Campsie Road, Milton Of Campsie, Glasgow, G66 8EF.
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 20% reducing balance
Motor Vehicles 10% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 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. Taxation
Income tax expense represents the sum of the tax currently payable.
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 years 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.
Current 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 tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 2,938 46,692 737 2,026 52,393
Disposals (2,938 ) (46,692 ) (737 ) (2,026 ) (52,393 )
Depreciation
As at 1 August 2023 1,936 8,871 434 1,120 12,361
Disposals (1,936 ) (8,871 ) (434 ) (1,120 ) (12,361 )
As at 31 July 2024 - - - - -
Net Book Value
As at 31 July 2024 - - - - -
As at 1 August 2023 1,002 37,821 303 906 40,032
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 1
Corporation tax recoverable - 612
- 613
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Corporation tax 4,839 -
Directors' loan accounts 109,310 111,522
114,150 111,522
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4