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 10658349 Mr E Trotti iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10658349 2023-03-31 10658349 2024-03-31 10658349 2023-04-01 2024-03-31 10658349 frs-core:CurrentFinancialInstruments 2024-03-31 10658349 frs-core:Non-currentFinancialInstruments 2024-03-31 10658349 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 10658349 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10658349 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 10658349 frs-core:ShareCapital 2024-03-31 10658349 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10658349 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10658349 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10658349 frs-bus:SmallEntities 2023-04-01 2024-03-31 10658349 frs-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 10658349 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10658349 frs-bus:Director1 2023-04-01 2024-03-31 10658349 frs-countries:EnglandWales 2023-04-01 2024-03-31 10658349 2022-03-31 10658349 2023-03-31 10658349 2022-04-01 2023-03-31 10658349 frs-core:CurrentFinancialInstruments 2023-03-31 10658349 frs-core:Non-currentFinancialInstruments 2023-03-31 10658349 frs-core:ShareCapital 2023-03-31 10658349 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10658349
ET Rock Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Chartered Accountant's report to the director on the preparation of the unaudited statutory accounts of ET Rock Ltd for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of ET Rock Ltd for the year ended 31 March 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of ET Rock Ltd , as a body, in accordance with the terms of our engagement letter dated 12 January 2024. Our work has been undertaken solely to prepare for your approval the accounts of ET Rock Ltd and state those matters that we have agreed to state to the director of ET Rock Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ET Rock Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that ET Rock Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of ET Rock Ltd . You consider that ET Rock Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of ET Rock Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
ERC Accountants and Business Advisers Ltd
15 July 2024
ERC Accountants & Business Advisers Limited
Chartered Accountants
23 Cedar Green
Hoddesdon
Hertfordshire
EN11 8BZ
Page 1
Page 2
Balance Sheet
Registered number: 10658349
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 - 520,000
- 520,000
CURRENT ASSETS
Debtors 6 9,895 -
Cash at bank and in hand - 4,333
9,895 4,333
Creditors: Amounts Falling Due Within One Year 7 (6,977 ) (163,756 )
NET CURRENT ASSETS (LIABILITIES) 2,918 (159,423 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,918 360,577
Creditors: Amounts Falling Due After More Than One Year 8 - (285,502 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (122,236 )
NET ASSETS/(LIABILITIES) 2,918 (47,161 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 2,818 (47,261 )
SHAREHOLDERS' FUNDS 2,918 (47,161)
Page 2
Page 3
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 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 E Trotti
Director
15 July 2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
ET Rock Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10658349 . The registered office is 13 Lower Park Road, Manchester, M14 5RQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
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.
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 assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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:
Freehold Nil
2.4. Investment Properties
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Prior Period Adjustment
Prior period error have been identified in respect of earlier periods concerning tangible fixed assets, bank loans and the directors loan account. The result of this presents a net effect of £546,677 in decreased profit brought forward. The comparatives have been restated accordingly.
Page 4
Page 5
5. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 1 April 2023 520,000
Disposals (520,000 )
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 520,000
6. Debtors
2024 2023
as restated
£ £
Due within one year
Director's loan account 9,895 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Corporation tax 4,889 32,195
Other creditors - 825
Accruals and deferred income 2,088 3,161
Director's loan account - 127,575
6,977 163,756
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Bank loans - 285,502
9. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
A director received advances of £9,895 during the current accounting period. The advance is interest fee and repayable on demand.
Page 5
Page 6
11. Related Party Transactions
The following related party transactions were undertaken during the year:
A director withdrew amounts totalling £151,969 (2023: £188,501) and introduced amounts totalling £14,500 (2023: £312). At the balance sheet date the amount payable from the director was £9,895 (2023: payable to the director was £127,575).
No dividends were paid to the directors in respect of their shareholdings in the current or previous periods.
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
12. Going Concern
The company is able to meet its day to day working capital requirements through the support of its director. Therefore the director considers it appropriate to prepare the financial statements on the going concern basis.
Page 6