Acorah Software Products - Accounts Production 15.0.600 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 09989100 Mr Richard Hill Mr Fraser Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09989100 2023-09-30 09989100 2024-09-30 09989100 2023-10-01 2024-09-30 09989100 frs-core:CurrentFinancialInstruments 2024-09-30 09989100 frs-core:Non-currentFinancialInstruments 2024-09-30 09989100 frs-core:BetweenOneFiveYears 2024-09-30 09989100 frs-core:NetGoodwill 2024-09-30 09989100 frs-core:NetGoodwill 2023-10-01 2024-09-30 09989100 frs-core:NetGoodwill 2023-09-30 09989100 frs-core:MotorVehicles 2024-09-30 09989100 frs-core:MotorVehicles 2023-10-01 2024-09-30 09989100 frs-core:MotorVehicles 2023-09-30 09989100 frs-core:PlantMachinery 2024-09-30 09989100 frs-core:PlantMachinery 2023-10-01 2024-09-30 09989100 frs-core:PlantMachinery 2023-09-30 09989100 frs-core:WithinOneYear 2024-09-30 09989100 frs-core:SharePremium 2024-09-30 09989100 frs-core:ShareCapital 2024-09-30 09989100 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 09989100 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09989100 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 09989100 frs-bus:SmallEntities 2023-10-01 2024-09-30 09989100 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09989100 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09989100 frs-bus:Director1 2023-10-01 2024-09-30 09989100 frs-bus:Director2 2023-10-01 2024-09-30 09989100 frs-countries:EnglandWales 2023-10-01 2024-09-30 09989100 2022-09-30 09989100 2023-09-30 09989100 2022-10-01 2023-09-30 09989100 frs-core:CurrentFinancialInstruments 2023-09-30 09989100 frs-core:Non-currentFinancialInstruments 2023-09-30 09989100 frs-core:BetweenOneFiveYears 2023-09-30 09989100 frs-core:WithinOneYear 2023-09-30 09989100 frs-core:SharePremium 2023-09-30 09989100 frs-core:ShareCapital 2023-09-30 09989100 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 09989100
Rhrc Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09989100
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 34,295 26,225
34,295 26,225
CURRENT ASSETS
Stocks 6 59,413 -
Debtors 7 693,449 625,600
Cash at bank and in hand 911,389 270,732
1,664,251 896,332
Creditors: Amounts Falling Due Within One Year 8 (655,981 ) (258,415 )
NET CURRENT ASSETS (LIABILITIES) 1,008,270 637,917
TOTAL ASSETS LESS CURRENT LIABILITIES 1,042,565 664,142
Creditors: Amounts Falling Due After More Than One Year 9 (29,350 ) (46,722 )
NET ASSETS 1,013,215 617,420
CAPITAL AND RESERVES
Called up share capital 11 19 19
Share premium account (19,999 ) (19,999 )
Profit and Loss Account 1,033,195 637,400
SHAREHOLDERS' FUNDS 1,013,215 617,420
Page 1
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For the year ending 30 September 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 Richard Hill
Director
21/10/2024
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Rhrc Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09989100 . The registered office is Gallagher House, 8-10 Market Street, Birkenhead, Merseyside, CH41 5ER.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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:
Plant & Machinery 15% Reducing balance basis
Motor Vehicles 25% Reducing balance basis
2.5. 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.
2.6. 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.
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2.7. 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: 4)
4 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2023 80,000
As at 30 September 2024 80,000
Amortisation
As at 1 October 2023 80,000
As at 30 September 2024 80,000
Net Book Value
As at 30 September 2024 -
As at 1 October 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 October 2023 5,767 57,917 63,684
Additions - 19,245 19,245
As at 30 September 2024 5,767 77,162 82,929
...CONTINUED
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Depreciation
As at 1 October 2023 3,976 33,483 37,459
Provided during the period 255 10,920 11,175
As at 30 September 2024 4,231 44,403 48,634
Net Book Value
As at 30 September 2024 1,536 32,759 34,295
As at 1 October 2023 1,791 24,434 26,225
6. Stocks
2024 2023
£ £
Work in progress 59,413 -
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 299,434 328,441
Amounts owed by participating interests - 75,776
Other debtors 394,015 221,383
693,449 625,600
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 9,466 9,466
Trade creditors 304,078 133,178
Other creditors 16,483 21,189
Taxation and social security 325,954 94,582
655,981 258,415
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 21,008 19,950
Bank loans 8,342 26,772
29,350 46,722
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10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,466 9,466
Later than one year and not later than five years 21,008 19,950
30,474 29,416
30,474 29,416
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 19 19
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