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 11495819 Mr Craig Richards iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11495819 2023-08-31 11495819 2024-08-31 11495819 2023-09-01 2024-08-31 11495819 frs-core:Non-currentFinancialInstruments 2024-08-31 11495819 frs-core:ComputerEquipment 2024-08-31 11495819 frs-core:ComputerEquipment 2023-09-01 2024-08-31 11495819 frs-core:ComputerEquipment 2023-08-31 11495819 frs-core:FurnitureFittings 2024-08-31 11495819 frs-core:FurnitureFittings 2023-09-01 2024-08-31 11495819 frs-core:FurnitureFittings 2023-08-31 11495819 frs-core:MotorVehicles 2024-08-31 11495819 frs-core:MotorVehicles 2023-09-01 2024-08-31 11495819 frs-core:MotorVehicles 2023-08-31 11495819 frs-core:OtherResidualIntangibleAssets 2024-08-31 11495819 frs-core:OtherResidualIntangibleAssets 2023-08-31 11495819 frs-core:PlantMachinery 2024-08-31 11495819 frs-core:PlantMachinery 2023-09-01 2024-08-31 11495819 frs-core:PlantMachinery 2023-08-31 11495819 frs-core:ShareCapital 2024-08-31 11495819 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11495819 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11495819 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11495819 frs-bus:SmallEntities 2023-09-01 2024-08-31 11495819 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11495819 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11495819 frs-bus:Director1 2023-09-01 2024-08-31 11495819 frs-countries:EnglandWales 2023-09-01 2024-08-31 11495819 2022-08-31 11495819 2023-08-31 11495819 2022-09-01 2023-08-31 11495819 frs-core:Non-currentFinancialInstruments 2023-08-31 11495819 frs-core:ShareCapital 2023-08-31 11495819 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 11495819
C L Richards Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
James Khan
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11495819
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 24,753 29,504
24,753 29,504
CURRENT ASSETS
Debtors 24,223 24,704
Cash at bank and in hand 64,959 68,022
89,182 92,726
Creditors: Amounts Falling Due Within One Year (41,145 ) (30,269 )
NET CURRENT ASSETS (LIABILITIES) 48,037 62,457
TOTAL ASSETS LESS CURRENT LIABILITIES 72,790 91,961
Creditors: Amounts Falling Due After More Than One Year (23,184 ) (27,374 )
NET ASSETS 49,606 64,587
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 49,605 64,586
SHAREHOLDERS' FUNDS 49,606 64,587
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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.
On behalf of the board
Mr Craig Richards
Director
20/09/2024
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
C L Richards Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11495819 . The registered office is 130 Redlands Road, Penarth, CF64 2WN.
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 25% Reducing balance
Motor Vehicles 15 % Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Intangible Assets
Other
£
Cost
As at 1 September 2023 12,000
As at 31 August 2024 12,000
Amortisation
As at 1 September 2023 12,000
As at 31 August 2024 12,000
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2023 3,409 28,991 154 748 33,302
As at 31 August 2024 3,409 28,991 154 748 33,302
Depreciation
As at 1 September 2023 2,899 635 92 172 3,798
Provided during the period 128 4,253 16 354 4,751
As at 31 August 2024 3,027 4,888 108 526 8,549
Net Book Value
As at 31 August 2024 382 24,103 46 222 24,753
As at 1 September 2023 510 28,356 62 576 29,504
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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