Acorah Software Products - Accounts Production 15.0.600 false true false 1 September 2022 31 August 2023 31 August 2023 SC638014 Mr Robert Kerr iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC638014 2022-08-31 SC638014 2023-08-31 SC638014 2022-09-01 2023-08-31 SC638014 frs-core:Non-currentFinancialInstruments 2023-08-31 SC638014 frs-core:PlantMachinery 2023-08-31 SC638014 frs-core:PlantMachinery 2022-09-01 2023-08-31 SC638014 frs-core:PlantMachinery 2022-08-31 SC638014 frs-core:ShareCapital 2023-08-31 SC638014 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 SC638014 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 SC638014 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 SC638014 frs-bus:SmallEntities 2022-09-01 2023-08-31 SC638014 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 SC638014 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 SC638014 frs-bus:Director1 2022-09-01 2023-08-31 SC638014 frs-countries:Scotland 2022-09-01 2023-08-31
Registered number: SC638014
R&k Laser Hut Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2023
Tax Link
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC638014
2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 2,827
2,827
CURRENT ASSETS
Cash at bank and in hand (18 )
(18 )
Creditors: Amounts Falling Due Within One Year 5 (40 )
NET CURRENT ASSETS (LIABILITIES) (58 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,769
Creditors: Amounts Falling Due After More Than One Year 6 (9,905 )
NET LIABILITIES (7,136 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (7,137 )
SHAREHOLDERS' FUNDS (7,136)
Page 1
Page 2
For the year ending 31 August 2023 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 Robert Kerr
Director
30/08/2024
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
R&k Laser Hut Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC638014 . The registered office is 7 Abbots Way, Lesmahagow, Lanark, ML11 0AH.
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
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 September 2022 3,769
As at 31 August 2023 3,769
Depreciation
As at 1 September 2022 -
Provided during the period 942
As at 31 August 2023 942
Net Book Value
As at 31 August 2023 2,827
As at 1 September 2022 3,769
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2023
£
Other creditors 40
6. Creditors: Amounts Falling Due After More Than One Year
2023
£
Trade creditors 9,905
7. Share Capital
2023
£
Allotted, Called up and fully paid 1
Page 4