Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 13503439 Miss A E Edwards Mr A Guinchard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13503439 2023-07-31 13503439 2024-07-31 13503439 2023-08-01 2024-07-31 13503439 frs-core:CurrentFinancialInstruments 2024-07-31 13503439 frs-core:ComputerEquipment 2024-07-31 13503439 frs-core:ComputerEquipment 2023-08-01 2024-07-31 13503439 frs-core:ComputerEquipment 2023-07-31 13503439 frs-core:PlantMachinery 2024-07-31 13503439 frs-core:PlantMachinery 2023-08-01 2024-07-31 13503439 frs-core:PlantMachinery 2023-07-31 13503439 frs-core:ShareCapital 2024-07-31 13503439 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 13503439 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 13503439 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 13503439 frs-bus:SmallEntities 2023-08-01 2024-07-31 13503439 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 13503439 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 13503439 frs-bus:Director1 2023-08-01 2024-07-31 13503439 frs-bus:Director2 2023-08-01 2024-07-31 13503439 frs-countries:EnglandWales 2023-08-01 2024-07-31 13503439 2022-07-31 13503439 2023-07-31 13503439 2022-08-01 2023-07-31 13503439 frs-core:CurrentFinancialInstruments 2023-07-31 13503439 frs-core:ShareCapital 2023-07-31 13503439 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 13503439
Recut Collective Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13503439
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,441 6,662
4,441 6,662
CURRENT ASSETS
Debtors 5 7,000 10,337
Cash at bank and in hand 33,515 17,253
40,515 27,590
Creditors: Amounts Falling Due Within One Year 6 (19,590 ) (5,664 )
NET CURRENT ASSETS (LIABILITIES) 20,925 21,926
TOTAL ASSETS LESS CURRENT LIABILITIES 25,366 28,588
NET ASSETS 25,366 28,588
CAPITAL AND RESERVES
Called up share capital 7 200 100
Profit and Loss Account 25,166 28,488
SHAREHOLDERS' FUNDS 25,366 28,588
Page 1
Page 2
For the year ending 31 July 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 A Guinchard
Director
21/09/2024
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
Recut Collective Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13503439 . The registered office is 19-21 Manor Road, Caddington, Bedfordshire, LU1 4EE.
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, excluding discounts, rebates, value added tax and other sales taxes.
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 33% on reducing balance
Computer Equipment 33% on cost
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2.5. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 3,543 6,064 9,607
Additions 1,096 - 1,096
As at 31 July 2024 4,639 6,064 10,703
Depreciation
As at 1 August 2023 996 1,949 2,945
Provided during the period 1,296 2,021 3,317
As at 31 July 2024 2,292 3,970 6,262
Net Book Value
As at 31 July 2024 2,347 2,094 4,441
As at 1 August 2023 2,547 4,115 6,662
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5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 7,000 10,237
Called up share capital not paid - 100
7,000 10,337
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 7
Corporation tax 8,376 2,447
VAT 9,574 1,730
Accruals and deferred income 1,576 1,480
Directors' loan accounts 64 -
19,590 5,664
7. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid - 100
Called Up Share Capital has been paid up 200 -
Amount of Allotted, Called Up Share Capital 200 100
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