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 12408727 Mrs C Broughton Mr G Broughton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12408727 2023-01-31 12408727 2024-01-31 12408727 2023-02-01 2024-01-31 12408727 frs-core:CurrentFinancialInstruments 2024-01-31 12408727 frs-core:Non-currentFinancialInstruments 2024-01-31 12408727 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-02-01 2024-01-31 12408727 frs-core:OtherResidualIntangibleAssets 2024-01-31 12408727 frs-core:OtherResidualIntangibleAssets 2023-02-01 2024-01-31 12408727 frs-core:OtherResidualIntangibleAssets 2023-01-31 12408727 frs-core:ShareCapital 2024-01-31 12408727 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 12408727 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12408727 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 12408727 frs-bus:SmallEntities 2023-02-01 2024-01-31 12408727 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 12408727 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12408727 frs-bus:Director1 2023-02-01 2024-01-31 12408727 frs-bus:Director2 2023-02-01 2024-01-31 12408727 frs-countries:EnglandWales 2023-02-01 2024-01-31 12408727 2022-01-31 12408727 2023-01-31 12408727 2022-02-01 2023-01-31 12408727 frs-core:CurrentFinancialInstruments 2023-01-31 12408727 frs-core:Non-currentFinancialInstruments 2023-01-31 12408727 frs-core:ShareCapital 2023-01-31 12408727 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 12408727
ROSAH Ltd
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: 12408727
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 7,200 14,400
7,200 14,400
CURRENT ASSETS
Stocks 5 33,600 50,500
Cash at bank and in hand 4,098 6,385
37,698 56,885
Creditors: Amounts Falling Due Within One Year 6 (9,885 ) (24,457 )
NET CURRENT ASSETS (LIABILITIES) 27,813 32,428
TOTAL ASSETS LESS CURRENT LIABILITIES 35,013 46,828
Creditors: Amounts Falling Due After More Than One Year 7 (34,415 ) (39,551 )
NET ASSETS 598 7,277
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 498 7,177
SHAREHOLDERS' FUNDS 598 7,277
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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 G Broughton
Director
11 October 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
ROSAH Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12408727 . The registered office is Suite 5, The Willows, Ransom Wood Business Park, Southwell Road West, Rainworth, Mansfield, Nottinghamshire, NG21 0HJ.
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 - Other Intangible
Other intangible assets are licenses. It is amortised to profit and loss account over its estimated economic life of five years.
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.
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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Intangible Assets
Other
£
Cost
As at 1 February 2023 36,000
As at 31 January 2024 36,000
Amortisation
As at 1 February 2023 21,600
Provided during the period 7,200
As at 31 January 2024 28,800
Net Book Value
As at 31 January 2024 7,200
As at 1 February 2023 14,400
5. Stocks
2024 2023
£ £
Finished goods 33,600 50,500
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 5,136 4,935
Other creditors 4,749 19,298
Taxation and social security - 224
9,885 24,457
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 34,415 39,551
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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