Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 12949182 Mr Vincent Coote Mr Lee Appleton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12949182 2022-10-31 12949182 2023-10-31 12949182 2022-11-01 2023-10-31 12949182 frs-core:CurrentFinancialInstruments 2023-10-31 12949182 frs-core:Non-currentFinancialInstruments 2023-10-31 12949182 frs-core:FurnitureFittings 2023-10-31 12949182 frs-core:FurnitureFittings 2022-11-01 2023-10-31 12949182 frs-core:FurnitureFittings 2022-10-31 12949182 frs-core:MotorVehicles 2023-10-31 12949182 frs-core:MotorVehicles 2022-11-01 2023-10-31 12949182 frs-core:MotorVehicles 2022-10-31 12949182 frs-core:PlantMachinery 2023-10-31 12949182 frs-core:PlantMachinery 2022-11-01 2023-10-31 12949182 frs-core:PlantMachinery 2022-10-31 12949182 frs-core:ShareCapital 2023-10-31 12949182 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12949182 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12949182 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 12949182 frs-bus:SmallEntities 2022-11-01 2023-10-31 12949182 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12949182 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12949182 frs-bus:Director1 2022-11-01 2023-10-31 12949182 frs-bus:Director2 2022-11-01 2023-10-31 12949182 frs-countries:EnglandWales 2022-11-01 2023-10-31 12949182 2021-10-31 12949182 2022-10-31 12949182 2021-11-01 2022-10-31 12949182 frs-core:CurrentFinancialInstruments 2022-10-31 12949182 frs-core:Non-currentFinancialInstruments 2022-10-31 12949182 frs-core:ShareCapital 2022-10-31 12949182 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 12949182
Rendercore Limited
Financial Statements
For The Year Ended 31 October 2023
Trek Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12949182
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,593 27,552
22,593 27,552
CURRENT ASSETS
Debtors 5 38,528 21,494
Cash at bank and in hand 22 3,509
38,550 25,003
Creditors: Amounts Falling Due Within One Year 6 (30,690 ) (51,741 )
NET CURRENT ASSETS (LIABILITIES) 7,860 (26,738 )
TOTAL ASSETS LESS CURRENT LIABILITIES 30,453 814
Creditors: Amounts Falling Due After More Than One Year 7 (17,363 ) -
NET ASSETS 13,090 814
CAPITAL AND RESERVES
Called up share capital 8 1,500 1,500
Profit and Loss Account 11,590 (686 )
SHAREHOLDERS' FUNDS 13,090 814
Page 1
Page 2
For the year ending 31 October 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 Profit and Loss Account.
On behalf of the board
Mr Vincent Coote
Director
23rd 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
Rendercore Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12949182 . The registered office is Suite 2 Lustleigh Close, Marsh Barton Trading Estate, Exeter, EX2 8PW.
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 18% Reducing balance
Motor Vehicles 18% Reducing balance
Fixtures & Fittings 18% 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
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2022 20,000 12,000 1,600 33,600
As at 31 October 2023 20,000 12,000 1,600 33,600
Depreciation
As at 1 November 2022 3,600 2,160 288 6,048
Provided during the period 2,952 1,771 236 4,959
As at 31 October 2023 6,552 3,931 524 11,007
Net Book Value
As at 31 October 2023 13,448 8,069 1,076 22,593
As at 1 November 2022 16,400 9,840 1,312 27,552
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 3,587 1,690
Due after more than one year
Other debtors 34,941 19,804
38,528 21,494
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 20,755 41,806
Taxation and social security 9,935 9,935
30,690 51,741
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 17,363 -
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,500 1,500
Page 4