Acorah Software Products - Accounts Production 14.6.300 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 05607372 Mr Andrew Bryan Yerrell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05607372 2023-01-31 05607372 2024-01-31 05607372 2023-02-01 2024-01-31 05607372 frs-core:Non-currentFinancialInstruments 2024-01-31 05607372 frs-core:FurnitureFittings 2023-02-01 2024-01-31 05607372 frs-core:ShareCapital 2024-01-31 05607372 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 05607372 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05607372 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 05607372 frs-bus:SmallEntities 2023-02-01 2024-01-31 05607372 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 05607372 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 05607372 frs-bus:Director1 2023-02-01 2024-01-31 05607372 frs-countries:EnglandWales 2023-02-01 2024-01-31 05607372 2022-01-31 05607372 2023-01-31 05607372 2022-02-01 2023-01-31 05607372 frs-core:Non-currentFinancialInstruments 2023-01-31 05607372 frs-core:ShareCapital 2023-01-31 05607372 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 05607372
Real Rewards Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2024
VIBAS Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 05607372
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 306 542
306 542
CURRENT ASSETS
Stocks 420 1,640
Debtors 513 -
Cash at bank and in hand 8,806 15,326
9,739 16,966
Creditors: Amounts Falling Due Within One Year (4,228 ) (10,116 )
NET CURRENT ASSETS (LIABILITIES) 5,511 6,850
TOTAL ASSETS LESS CURRENT LIABILITIES 5,817 7,392
Creditors: Amounts Falling Due After More Than One Year (4,667 ) (6,667 )
NET ASSETS 1,150 725
CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Profit and Loss Account 150 (275 )
SHAREHOLDERS' FUNDS 1,150 725
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.
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 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Andrew Bryan Yerrell
Director
16/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Real Rewards Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05607372 . The registered office is 9 Cromwell Place, East Grinstead, West Sussex, RH19 4SD.
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:
Fixtures & Fittings 20% Straight Line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: )
1 -
4. Tangible Assets
Total
£
Cost
As at 1 February 2023 1,268
As at 31 January 2024 1,268
Depreciation
As at 1 February 2023 726
Provided during the period 236
As at 31 January 2024 962
Net Book Value
As at 31 January 2024 306
As at 1 February 2023 542
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5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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