Acorah Software Products - Accounts Production 15.0.600 false true true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 10612483 Mr Denis Ilin Mr Craig Benton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10612483 2023-02-28 10612483 2024-02-29 10612483 2023-03-01 2024-02-29 10612483 frs-core:CurrentFinancialInstruments 2024-02-29 10612483 frs-core:Non-currentFinancialInstruments 2024-02-29 10612483 frs-core:ComputerEquipment 2024-02-29 10612483 frs-core:ComputerEquipment 2023-03-01 2024-02-29 10612483 frs-core:ComputerEquipment 2023-02-28 10612483 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 10612483 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 10612483 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 10612483 frs-core:PlantMachinery 2024-02-29 10612483 frs-core:PlantMachinery 2023-03-01 2024-02-29 10612483 frs-core:PlantMachinery 2023-02-28 10612483 frs-core:ShareCapital 2024-02-29 10612483 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 10612483 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 10612483 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 10612483 frs-bus:SmallEntities 2023-03-01 2024-02-29 10612483 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 10612483 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 10612483 frs-bus:Director1 2023-03-01 2024-02-29 10612483 frs-bus:Director2 2023-03-01 2024-02-29 10612483 frs-countries:EnglandWales 2023-03-01 2024-02-29 10612483 2022-02-28 10612483 2023-02-28 10612483 2022-03-01 2023-02-28 10612483 frs-core:CurrentFinancialInstruments 2023-02-28 10612483 frs-core:Non-currentFinancialInstruments 2023-02-28 10612483 frs-core:ShareCapital 2023-02-28 10612483 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 10612483
Equestrian R Infinity Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 10612483
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,129,203 797,232
1,129,203 797,232
CURRENT ASSETS
Debtors 5 151,593 13,302
Cash at bank and in hand 16,780 21,551
168,373 34,853
Creditors: Amounts Falling Due Within One Year 6 (400,447 ) (3,376 )
NET CURRENT ASSETS (LIABILITIES) (232,074 ) 31,477
TOTAL ASSETS LESS CURRENT LIABILITIES 897,129 828,709
Creditors: Amounts Falling Due After More Than One Year 7 (1,167,958 ) (1,007,646 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (28,123 )
NET LIABILITIES (270,829 ) (207,060 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement (270,929 ) (207,160 )
SHAREHOLDERS' FUNDS (270,829) (207,060)
Page 1
Page 2
For the year ending 29 February 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 Income Statement.
On behalf of the board
Mr Craig Benton
Director
26 September 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Equestrian R Infinity Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10612483 . The registered office is The Limes, Shephards Walk, Ashtead, Surrey, KT18 6DF.

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. Going Concern Disclosure
When preparing the financial statey to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whethments, the directors have made an assessment of the company's abiliter the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue. The board is committed to the success of the company in the following twelve months, and where necessary will endeavour to support the company with all means at their disposal to ensure its continuity.  Therefore the directors still believe it is appropriate to prepare the accounts on a going concern basis.
2.3. 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.
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:
Freehold No depreciation
Plant & Machinery 25% on cost
Computer Equipment 20% 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 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.
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: 4 (2023: 1)
4 1
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2023 768,830 35,619 949 805,398
Additions 254,585 94,041 - 348,626
As at 29 February 2024 1,023,415 129,660 949 1,154,024
Depreciation
As at 1 March 2023 - 8,126 40 8,166
Provided during the period - 16,418 237 16,655
As at 29 February 2024 - 24,544 277 24,821
Net Book Value
As at 29 February 2024 1,023,415 105,116 672 1,129,203
As at 1 March 2023 768,830 27,493 909 797,232
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,434 6,064
Other debtors 139,159 7,238
151,593 13,302
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 393,492 576
Other creditors 3,684 841
Taxation and social security 3,271 1,959
400,447 3,376
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 1,167,958 1,007,646
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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