Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 08684189 Mr Colin Agnew Mr Christopher Duffy Mr Michael Stokes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08684189 2023-01-31 08684189 2024-01-31 08684189 2023-02-01 2024-01-31 08684189 frs-core:CurrentFinancialInstruments 2024-01-31 08684189 frs-core:Non-currentFinancialInstruments 2024-01-31 08684189 frs-core:BetweenOneFiveYears 2024-01-31 08684189 frs-core:ComputerEquipment 2024-01-31 08684189 frs-core:ComputerEquipment 2023-02-01 2024-01-31 08684189 frs-core:ComputerEquipment 2023-01-31 08684189 frs-core:FurnitureFittings 2024-01-31 08684189 frs-core:FurnitureFittings 2023-02-01 2024-01-31 08684189 frs-core:FurnitureFittings 2023-01-31 08684189 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 08684189 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 08684189 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-31 08684189 frs-core:MotorVehicles 2024-01-31 08684189 frs-core:MotorVehicles 2023-02-01 2024-01-31 08684189 frs-core:MotorVehicles 2023-01-31 08684189 frs-core:PlantMachinery 2024-01-31 08684189 frs-core:PlantMachinery 2023-02-01 2024-01-31 08684189 frs-core:PlantMachinery 2023-01-31 08684189 frs-core:WithinOneYear 2024-01-31 08684189 frs-core:ShareCapital 2024-01-31 08684189 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 08684189 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08684189 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 08684189 frs-bus:SmallEntities 2023-02-01 2024-01-31 08684189 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08684189 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08684189 frs-bus:Director1 2023-02-01 2024-01-31 08684189 frs-bus:Director2 2023-02-01 2024-01-31 08684189 frs-bus:Director3 2023-02-01 2024-01-31 08684189 frs-countries:EnglandWales 2023-02-01 2024-01-31 08684189 2022-01-31 08684189 2023-01-31 08684189 2022-02-01 2023-01-31 08684189 frs-core:CurrentFinancialInstruments 2023-01-31 08684189 frs-core:Non-currentFinancialInstruments 2023-01-31 08684189 frs-core:BetweenOneFiveYears 2023-01-31 08684189 frs-core:WithinOneYear 2023-01-31 08684189 frs-core:ShareCapital 2023-01-31 08684189 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 08684189
RLH Construction Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Jon Davies Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08684189
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 325,378 347,981
325,378 347,981
CURRENT ASSETS
Debtors 5 441,954 510,418
Cash at bank and in hand 222,224 69,928
664,178 580,346
Creditors: Amounts Falling Due Within One Year 6 (180,657 ) (187,620 )
NET CURRENT ASSETS (LIABILITIES) 483,521 392,726
TOTAL ASSETS LESS CURRENT LIABILITIES 808,899 740,707
Creditors: Amounts Falling Due After More Than One Year 7 (244,938 ) (238,439 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (61,822 ) (48,753 )
NET ASSETS 502,139 453,515
CAPITAL AND RESERVES
Called up share capital 9 1,111 1,111
Profit and Loss Account 501,028 452,404
SHAREHOLDERS' FUNDS 502,139 453,515
Page 1
Page 2
For the year ending 31 January 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 Profit and Loss Account.
On behalf of the board
Mr Colin Agnew
Director
7 October 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RLH Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08684189 . The registered office is C/O Jon Davies Accountants Limited, 23 Goodlass Road, Liverpool, Merseyside, L24 9HJ.
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:
Leasehold 20% Straight Line
Plant & Machinery 20% Straight Line
Motor Vehicles 20% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
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: 18 (2023: 20)
18 20
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 February 2023 13,861 242,880 430,710 10,237
Additions - 7,495 128,403 -
Disposals - - (134,309 ) -
As at 31 January 2024 13,861 250,375 424,804 10,237
Depreciation
As at 1 February 2023 13,861 148,634 180,012 10,237
Provided during the period - 28,369 121,069 -
Disposals - - (116,479 ) -
As at 31 January 2024 13,861 177,003 184,602 10,237
Net Book Value
As at 31 January 2024 - 73,372 240,202 -
As at 1 February 2023 - 94,246 250,698 -
Computer Equipment Total
£ £
Cost
As at 1 February 2023 26,213 723,901
Additions 13,390 149,288
Disposals - (134,309 )
As at 31 January 2024 39,603 738,880
Depreciation
As at 1 February 2023 23,176 375,920
Provided during the period 4,623 154,061
Disposals - (116,479 )
As at 31 January 2024 27,799 413,502
Net Book Value
As at 31 January 2024 11,804 325,378
As at 1 February 2023 3,037 347,981
Page 4
Page 5
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 241,871 408,353
Amounts owed by participating interests 167,074 13,501
Other debtors 33,009 88,564
441,954 510,418
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 38,591 40,529
Trade creditors 106,084 85,140
Bank loans and overdrafts 19,816 12,044
Other creditors 3,273 6,000
Taxation and social security 12,893 43,907
180,657 187,620
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 232,894 207,522
Bank loans 12,044 30,917
244,938 238,439
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 38,591 40,529
Later than one year and not later than five years 232,894 207,522
271,485 248,051
271,485 248,051
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,111 1,111
Page 5
Page 6
10. Related Party Transactions
Meck Homes Ltd
Director Colin Agnew, is also Director and 100% shareholder of Meck Homes Ltd. At the balance sheet date, there was a balance within Debtors of £150,000 (2023: £0) due from Meck Homes Ltd.
RLH Holdings Ltd
Director Colin Agnew, is also Director and 100% shareholder of RLH Holdings Ltd. At the balance sheet date, there was a balance within Debtors of £17,074 (2023: £13,501) due from RLH Holdings Ltd.
Page 6