Acorah Software Products - Accounts Production 15.0.600 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07327398 Mr D J Redpath Mr D J Redpath iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07327398 2023-07-31 07327398 2024-07-31 07327398 2023-08-01 2024-07-31 07327398 frs-core:CurrentFinancialInstruments 2024-07-31 07327398 frs-core:ComputerEquipment 2024-07-31 07327398 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07327398 frs-core:ComputerEquipment 2023-07-31 07327398 frs-core:FurnitureFittings 2024-07-31 07327398 frs-core:FurnitureFittings 2023-08-01 2024-07-31 07327398 frs-core:FurnitureFittings 2023-07-31 07327398 frs-core:ShareCapital 2024-07-31 07327398 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07327398 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07327398 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07327398 frs-bus:SmallEntities 2023-08-01 2024-07-31 07327398 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07327398 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07327398 frs-bus:Director1 2023-08-01 2024-07-31 07327398 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 07327398 frs-countries:EnglandWales 2023-08-01 2024-07-31 07327398 2022-07-31 07327398 2023-07-31 07327398 2022-08-01 2023-07-31 07327398 frs-core:CurrentFinancialInstruments 2023-07-31 07327398 frs-core:ShareCapital 2023-07-31 07327398 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07327398
Duncan Redpath Limited
Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07327398
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,341 8,781
8,341 8,781
CURRENT ASSETS
Debtors 5 1,450 1,450
Cash at bank and in hand 1,166 368
2,616 1,818
Creditors: Amounts Falling Due Within One Year 6 (18,063 ) (14,659 )
NET CURRENT ASSETS (LIABILITIES) (15,447 ) (12,841 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,106 ) (4,060 )
NET LIABILITIES (7,106 ) (4,060 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (7,206 ) (4,160 )
SHAREHOLDERS' FUNDS (7,106) (4,060)
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 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 D J Redpath
Director
5 September 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
Duncan Redpath Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07327398 . The registered office is 27 Bridge Street, Tutbury, Burton-On-Trent, Staffordshire, DE13 9LZ.
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. Going Concern Disclosure
At the 31st July 2024, the company had net liabilities of £7,106. The company is reliant on the continued support of the director. The director has confirmed his intention to support the company for at least twelve monhts from the date of signing the accounts.
On the above basis, the director considers that the accounts should be prepared on a going concern basis.
2.3. 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.
2.4. 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:
Fixtures & Fittings 25% Reducing Balance
Office Equipment 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Office Equipment Total
£ £ £
Cost
As at 1 August 2023 3,500 14,984 18,484
Additions - 2,341 2,341
As at 31 July 2024 3,500 17,325 20,825
Depreciation
As at 1 August 2023 2,187 7,516 9,703
Provided during the period 328 2,453 2,781
As at 31 July 2024 2,515 9,969 12,484
...CONTINUED
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Net Book Value
As at 31 July 2024 985 7,356 8,341
As at 1 August 2023 1,313 7,468 8,781
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,450 1,450
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 435 435
Director's loan account 17,628 14,224
18,063 14,659
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
At the balance sheet date, the company owed the director £17,628 (2023:£14,224). This amount is unsecured, interest free, with no fixed repayment date.
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