Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 12400239 Mr Thomas Rodwell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12400239 2022-12-31 12400239 2023-12-31 12400239 2023-01-01 2023-12-31 12400239 frs-core:CurrentFinancialInstruments 2023-12-31 12400239 frs-core:Non-currentFinancialInstruments 2023-12-31 12400239 frs-core:ComputerEquipment 2023-12-31 12400239 frs-core:ComputerEquipment 2023-01-01 2023-12-31 12400239 frs-core:ComputerEquipment 2022-12-31 12400239 frs-core:FurnitureFittings 2023-12-31 12400239 frs-core:FurnitureFittings 2023-01-01 2023-12-31 12400239 frs-core:FurnitureFittings 2022-12-31 12400239 frs-core:MotorVehicles 2023-12-31 12400239 frs-core:MotorVehicles 2023-01-01 2023-12-31 12400239 frs-core:MotorVehicles 2022-12-31 12400239 frs-core:ShareCapital 2023-12-31 12400239 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12400239 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12400239 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12400239 frs-bus:SmallEntities 2023-01-01 2023-12-31 12400239 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12400239 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12400239 frs-bus:Director1 2023-01-01 2023-12-31 12400239 frs-core:CurrentFinancialInstruments 2 2023-12-31 12400239 frs-countries:EnglandWales 2023-01-01 2023-12-31 12400239 2021-12-31 12400239 2022-12-31 12400239 2022-01-01 2022-12-31 12400239 frs-core:CurrentFinancialInstruments 2022-12-31 12400239 frs-core:Non-currentFinancialInstruments 2022-12-31 12400239 frs-core:BetweenOneFiveYears 2022-12-31 12400239 frs-core:ShareCapital 2022-12-31 12400239 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 12400239 frs-core:CurrentFinancialInstruments 2 2022-12-31
Registered number: 12400239
Rodwell Disputes Advisory Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
D S Burge & Co Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12400239
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,698 75,993
18,698 75,993
CURRENT ASSETS
Debtors 5 945,551 286,761
Cash at bank and in hand 137,756 35,667
1,083,307 322,428
Creditors: Amounts Falling Due Within One Year 6 (270,530 ) (131,759 )
NET CURRENT ASSETS (LIABILITIES) 812,777 190,669
TOTAL ASSETS LESS CURRENT LIABILITIES 831,475 266,662
Creditors: Amounts Falling Due After More Than One Year 7 (25,833 ) (99,531 )
NET ASSETS 805,642 167,131
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 805,542 167,031
SHAREHOLDERS' FUNDS 805,642 167,131
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 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 Thomas Rodwell
Director
14/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rodwell Disputes Advisory Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12400239 . The registered office is 23 Chiltern Drive, Surbiton, Surrey, KT5 8LP.
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:
Motor Vehicles 10 years
Fixtures & Fittings 4 years
Computer Equipment 4 years
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 78,849 7,842 18,217 104,908
Additions - 5,852 10,548 16,400
Disposals (78,849 ) - - (78,849 )
As at 31 December 2023 - 13,694 28,765 42,459
Depreciation
As at 1 January 2023 15,770 2,735 10,410 28,915
Provided during the period 7,885 3,424 7,192 18,501
Disposals (23,655 ) - - (23,655 )
As at 31 December 2023 - 6,159 17,602 23,761
Net Book Value
As at 31 December 2023 - 7,535 11,163 18,698
As at 1 January 2023 63,079 5,107 7,807 75,993
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 320,834 157,364
Loans receivable - 129,397
Other debtors (2) 624,717 -
945,551 286,761
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 80 30
Corporation tax - 62,503
Other taxes and social security - 4,212
VAT - 38,929
Net wages - 1,988
Tax and other creditors 270,450 1,093
Director's loan account - 23,004
270,530 131,759
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts - 63,698
Bank loans 25,833 35,833
25,833 99,531
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years - 63,698
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5