Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07699414 Mr Adam Bromley Mr Rex Brough Ms Jill Winter Mr Ivan Whittingham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07699414 2023-07-31 07699414 2024-07-31 07699414 2023-08-01 2024-07-31 07699414 frs-core:CurrentFinancialInstruments 2024-07-31 07699414 frs-core:Non-currentFinancialInstruments 2024-07-31 07699414 frs-core:ComputerEquipment 2024-07-31 07699414 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07699414 frs-core:ComputerEquipment 2023-07-31 07699414 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 07699414 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 07699414 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-31 07699414 frs-core:PlantMachinery 2024-07-31 07699414 frs-core:PlantMachinery 2023-08-01 2024-07-31 07699414 frs-core:PlantMachinery 2023-07-31 07699414 frs-core:ShareCapital 2024-07-31 07699414 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07699414 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07699414 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07699414 frs-bus:SmallEntities 2023-08-01 2024-07-31 07699414 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07699414 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07699414 frs-bus:Director1 2023-08-01 2024-07-31 07699414 frs-bus:Director2 2023-08-01 2024-07-31 07699414 frs-bus:Director3 2023-08-01 2024-07-31 07699414 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 07699414 frs-countries:EnglandWales 2023-08-01 2024-07-31 07699414 2022-07-31 07699414 2023-07-31 07699414 2022-08-01 2023-07-31 07699414 frs-core:CurrentFinancialInstruments 2023-07-31 07699414 frs-core:Non-currentFinancialInstruments 2023-07-31 07699414 frs-core:ShareCapital 2023-07-31 07699414 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07699414
Rushforth Media Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Tenelibris Finance Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07699414
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,619 7,353
5,619 7,353
CURRENT ASSETS
Debtors 5 92,503 62,832
Cash at bank and in hand 2,885 2,054
95,388 64,886
Creditors: Amounts Falling Due Within One Year 6 (118,817 ) (125,979 )
NET CURRENT ASSETS (LIABILITIES) (23,429 ) (61,093 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,810 ) (53,740 )
Creditors: Amounts Falling Due After More Than One Year 7 (66,100 ) (61,506 )
NET LIABILITIES (83,910 ) (115,246 )
CAPITAL AND RESERVES
Called up share capital 8 165,002 165,002
Profit and Loss Account (248,912 ) (280,248 )
SHAREHOLDERS' FUNDS (83,910) (115,246)
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
Mr Adam Bromley
Director
21/08/2024
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
Rushforth Media Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07699414 . The registered office is 78 Carlton Mansions, 201 Randolph Avenue, London , W9 1NS.
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 accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold over the lease term
Plant & Machinery 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 3)
1 3
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 74,383 18,184 520 93,087
Additions 204 - - 204
As at 31 July 2024 74,587 18,184 520 93,291
...CONTINUED
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Page 4
Depreciation
As at 1 August 2023 74,383 11,307 44 85,734
Provided during the period 37 1,783 118 1,938
As at 31 July 2024 74,420 13,090 162 87,672
Net Book Value
As at 31 July 2024 167 5,094 358 5,619
As at 1 August 2023 - 6,877 476 7,353
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 58,813 36,305
Other debtors 33,690 26,527
92,503 62,832
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 46,678 66,719
Other creditors 45,342 45,617
Taxation and social security 26,797 13,643
118,817 125,979
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 47,713 38,699
Other creditors 18,387 22,807
66,100 61,506
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 165,002 165,002
Page 4