Acorah Software Products - Accounts Production 15.0.500 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 13082015 Mrs Katie Caradonna Mr Riccardo Caradonna iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13082015 2022-12-31 13082015 2023-12-31 13082015 2023-01-01 2023-12-31 13082015 frs-core:CurrentFinancialInstruments 2023-12-31 13082015 frs-core:ComputerEquipment 2023-12-31 13082015 frs-core:ComputerEquipment 2023-01-01 2023-12-31 13082015 frs-core:ComputerEquipment 2022-12-31 13082015 frs-core:ShareCapital 2023-12-31 13082015 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13082015 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13082015 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13082015 frs-bus:SmallEntities 2023-01-01 2023-12-31 13082015 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13082015 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13082015 frs-bus:Director1 2023-01-01 2023-12-31 13082015 frs-bus:Director2 2023-01-01 2023-12-31 13082015 frs-countries:EnglandWales 2023-01-01 2023-12-31 13082015 2021-12-31 13082015 2022-12-31 13082015 2022-01-01 2022-12-31 13082015 frs-core:CurrentFinancialInstruments 2022-12-31 13082015 frs-core:ShareCapital 2022-12-31 13082015 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13082015
RKC Property Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Smith & Co Accountants Limited
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 13082015
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 188 250
188 250
CURRENT ASSETS
Debtors 5 - 2,800
Cash at bank and in hand 690 690
690 3,490
Creditors: Amounts Falling Due Within One Year 6 (10,279 ) (2,487 )
NET CURRENT ASSETS (LIABILITIES) (9,589 ) 1,003
TOTAL ASSETS LESS CURRENT LIABILITIES (9,401 ) 1,253
NET (LIABILITIES)/ASSETS (9,401 ) 1,253
CAPITAL AND RESERVES
Called up share capital 7 2 2
Income Statement (9,403 ) 1,251
SHAREHOLDERS' FUNDS (9,401) 1,253
Page 1
Page 2
For the year ending 31 December 2023 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 Income Statement.
On behalf of the board
Mr Riccardo Caradonna
Director
08/08/2024
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
RKC Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13082015 . The registered office is 36 Pickering Drive, Blaydon-On-Tyne, NE21 5GB.
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:
Computer Equipment 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 364
As at 31 December 2023 364
Depreciation
As at 1 January 2023 114
Provided during the period 62
As at 31 December 2023 176
Net Book Value
As at 31 December 2023 188
As at 1 January 2023 250
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 2,800
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1 1
Bank loans and overdrafts 16 1,244
Corporation tax (1 ) (1 )
PAYE Control 2,602 272
Accruals and deferred income 480 480
Directors' loan accounts 7,181 491
10,279 2,487
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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