Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 10343967 Mr Robert Allan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10343967 2023-08-31 10343967 2024-08-31 10343967 2023-09-01 2024-08-31 10343967 frs-core:Non-currentFinancialInstruments 2024-08-31 10343967 frs-core:ComputerEquipment 2023-09-01 2024-08-31 10343967 frs-core:FurnitureFittings 2023-09-01 2024-08-31 10343967 frs-core:NetGoodwill 2023-09-01 2024-08-31 10343967 frs-core:ShareCapital 2024-08-31 10343967 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10343967 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10343967 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 10343967 frs-bus:SmallEntities 2023-09-01 2024-08-31 10343967 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10343967 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10343967 frs-bus:Director1 2023-09-01 2024-08-31 10343967 frs-bus:Director1 2023-08-31 10343967 frs-bus:Director1 2024-08-31 10343967 frs-countries:EnglandWales 2023-09-01 2024-08-31 10343967 2022-08-31 10343967 2023-08-31 10343967 2022-09-01 2023-08-31 10343967 frs-core:Non-currentFinancialInstruments 2023-08-31 10343967 frs-core:ShareCapital 2023-08-31 10343967 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 10343967
RPA Finance Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2024
James Khan
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 10343967
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,381 1,170
1,381 1,170
CURRENT ASSETS
Debtors 73,288 91,789
Cash at bank and in hand 5,571 5,394
78,859 97,183
Creditors: Amounts Falling Due Within One Year (20,225 ) (19,337 )
NET CURRENT ASSETS (LIABILITIES) 58,634 77,846
TOTAL ASSETS LESS CURRENT LIABILITIES 60,015 79,016
Creditors: Amounts Falling Due After More Than One Year (27,124 ) (34,217 )
NET ASSETS 32,891 44,799
CAPITAL AND RESERVES
Called up share capital 6 101 101
Profit and Loss Account 32,790 44,698
SHAREHOLDERS' FUNDS 32,891 44,799
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For the year ending 31 August 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Robert Allan
Director
17/09/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
RPA Finance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10343967 . The registered office is The Embassy, 389 Newport Road, Cardiff, CF24 1TP.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
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 15% reducing balance
Computer Equipment 25% on cost
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 year 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Total
£
Cost
As at 1 September 2023 11,000
As at 31 August 2024 11,000
Amortisation
As at 1 September 2023 11,000
As at 31 August 2024 11,000
...CONTINUED
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Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
5. Tangible Assets
Total
£
Cost
As at 1 September 2023 7,978
Additions 1,607
As at 31 August 2024 9,585
Depreciation
As at 1 September 2023 6,808
Provided during the period 1,396
As at 31 August 2024 8,204
Net Book Value
As at 31 August 2024 1,381
As at 1 September 2023 1,170
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 101 101
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Robert Allan 64,856 30,238 (55,310 ) - 39,784
The above loan is unsecured, interest free and repayable on demand.
The director has committed to repay this loan as soon as practically possible. 
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