Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 SC698408 Mr Sean Rollo Mr John Ross true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC698408 2023-01-31 SC698408 2024-01-31 SC698408 2023-02-01 2024-01-31 SC698408 frs-core:CurrentFinancialInstruments 2024-01-31 SC698408 frs-core:Non-currentFinancialInstruments 2024-01-31 SC698408 frs-core:FurnitureFittings 2023-02-01 2024-01-31 SC698408 frs-core:InvestmentPropertyIncludedWithinPPE 2024-01-31 SC698408 frs-core:InvestmentPropertyIncludedWithinPPE 2023-01-31 SC698408 frs-core:PlantMachinery 2024-01-31 SC698408 frs-core:PlantMachinery 2023-02-01 2024-01-31 SC698408 frs-core:PlantMachinery 2023-01-31 SC698408 frs-core:ShareCapital 2024-01-31 SC698408 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 SC698408 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC698408 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 SC698408 frs-bus:SmallEntities 2023-02-01 2024-01-31 SC698408 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC698408 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 SC698408 1 2023-02-01 2024-01-31 SC698408 frs-bus:Director1 2023-02-01 2024-01-31 SC698408 frs-bus:Director2 2023-02-01 2024-01-31 SC698408 frs-countries:Scotland 2023-02-01 2024-01-31 SC698408 2022-01-31 SC698408 2023-01-31 SC698408 2022-02-01 2023-01-31 SC698408 frs-core:CurrentFinancialInstruments 2023-01-31 SC698408 frs-core:Non-currentFinancialInstruments 2023-01-31 SC698408 frs-core:ShareCapital 2023-01-31 SC698408 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: SC698408
R&R Co Estates Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Rosslyn Associates Ltd
Chartered Tax Advisers & Accountants
The Walled Garden
South Building
Bush Estate
Midlothian
EH26 0SD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC698408
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 616,120 585,978
616,120 585,978
CURRENT ASSETS
Cash at bank and in hand 6,009 6,211
6,009 6,211
Creditors: Amounts Falling Due Within One Year 5 (89,119 ) (218,928 )
NET CURRENT ASSETS (LIABILITIES) (83,110 ) (212,717 )
TOTAL ASSETS LESS CURRENT LIABILITIES 533,010 373,261
Creditors: Amounts Falling Due After More Than One Year 6 (342,648 ) (219,544 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (36,120 ) (30,799 )
NET ASSETS 154,242 122,918
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 154,142 122,818
SHAREHOLDERS' FUNDS 154,242 122,918
Page 1
Page 2
For the year ending 31 January 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 Sean Rollo
Director
27/08/2024
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&R Co Estates Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC698408 . The registered office is The Stables, Grannies Park Industrial Estate, Dalkeith, Scotland, EH22 1JR.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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:
Fixtures & Fittings No depreciation
2.4. Investment Properties
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 charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Investment Properties Plant & Machinery etc. Total
£ £ £
Cost or Valuation
As at 1 February 2023 585,438 540 585,978
Additions - 2,137 2,137
Revaluation 28,005 - 28,005
As at 31 January 2024 613,443 2,677 616,120
Net Book Value
As at 31 January 2024 613,443 2,677 616,120
As at 1 February 2023 585,438 540 585,978
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 2,628
Other creditors 89,050 216,300
Taxation and social security 69 -
89,119 218,928
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 342,648 219,544
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.
9. Ultimate Controlling Party
The company has no ultimate controlling party. 
10. Outstanding Charges
Shawbrook Bank Limited holds a standard security charge over 7 of the investment properties in the company and Charter Court Financial Services Limited holds a standard security charge over 1 of the investment property in the company.
Page 4