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 08370812 Mr Andrew Freeth Mrs Sarah Freeth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08370812 2023-01-31 08370812 2024-01-31 08370812 2023-02-01 2024-01-31 08370812 frs-core:CurrentFinancialInstruments 2024-01-31 08370812 frs-core:ComputerEquipment 2024-01-31 08370812 frs-core:ComputerEquipment 2023-02-01 2024-01-31 08370812 frs-core:ComputerEquipment 2023-01-31 08370812 frs-core:FurnitureFittings 2024-01-31 08370812 frs-core:FurnitureFittings 2023-02-01 2024-01-31 08370812 frs-core:FurnitureFittings 2023-01-31 08370812 frs-core:PlantMachinery 2024-01-31 08370812 frs-core:PlantMachinery 2023-02-01 2024-01-31 08370812 frs-core:PlantMachinery 2023-01-31 08370812 frs-core:ShareCapital 2024-01-31 08370812 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 08370812 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08370812 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 08370812 frs-bus:SmallEntities 2023-02-01 2024-01-31 08370812 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08370812 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08370812 frs-core:CostValuation 2023-01-31 08370812 frs-core:AdditionsToInvestments 2024-01-31 08370812 frs-core:DisposalsRepaymentsInvestments 2024-01-31 08370812 frs-core:CostValuation 2024-01-31 08370812 frs-core:ListedExchangeTraded 2024-01-31 08370812 frs-core:ListedExchangeTraded 2023-01-31 08370812 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-01-31 08370812 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-01-31 08370812 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-01-31 08370812 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-01-31 08370812 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-01-31 08370812 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-01-31 08370812 frs-core:UnlistedNon-exchangeTraded 2024-01-31 08370812 frs-core:UnlistedNon-exchangeTraded 2023-01-31 08370812 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-01-31 08370812 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-01-31 08370812 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-01-31 08370812 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-01-31 08370812 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-01-31 08370812 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-01-31 08370812 frs-bus:Director1 2023-02-01 2024-01-31 08370812 frs-bus:Director2 2023-02-01 2024-01-31 08370812 frs-countries:EnglandWales 2023-02-01 2024-01-31 08370812 2022-01-31 08370812 2023-01-31 08370812 2022-02-01 2023-01-31 08370812 frs-core:CurrentFinancialInstruments 2023-01-31 08370812 frs-core:ShareCapital 2023-01-31 08370812 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 08370812
Renewable Energy Projects Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08370812
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 5 750,223 832,066
750,223 832,066
CURRENT ASSETS
Debtors 6 80,605 80,731
Cash at bank and in hand 2,935 2,626
83,540 83,357
Creditors: Amounts Falling Due Within One Year 7 (2,276 ) (1,862 )
NET CURRENT ASSETS (LIABILITIES) 81,264 81,495
TOTAL ASSETS LESS CURRENT LIABILITIES 831,487 913,561
NET ASSETS 831,487 913,561
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 831,287 913,361
SHAREHOLDERS' FUNDS 831,487 913,561
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 Andrew Freeth
Director
29 October 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
Renewable Energy Projects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08370812 . The registered office is 7 St Petersgate, Stockport, Cheshire, SK1 1EB.
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:
Plant & Machinery 20% straight line
Fixtures & Fittings 33% straight line
Computer Equipment 33% straight line
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 Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 5,232 5,903 2,359 13,494
As at 31 January 2024 5,232 5,903 2,359 13,494
Depreciation
As at 1 February 2023 5,232 5,903 2,359 13,494
As at 31 January 2024 5,232 5,903 2,359 13,494
Net Book Value
As at 31 January 2024 - - - -
As at 1 February 2023 - - - -
Page 3
Page 4
5. Investments
Listed Unlisted Total
£ £ £
Cost
As at 1 February 2023 817,015 15,051 832,066
Additions 10,657 - 10,657
Disposals (92,500 ) - (92,500 )
As at 31 January 2024 735,172 15,051 750,223
Provision
As at 1 February 2023 - - -
As at 31 January 2024 - - -
Net Book Value
As at 31 January 2024 735,172 15,051 750,223
As at 1 February 2023 817,015 15,051 832,066
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 298 318
Other debtors 80,307 80,413
80,605 80,731
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 2,149 1,862
Taxation and social security 127 -
2,276 1,862
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 4