Acorah Software Products - Accounts Production 15.0.600 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 13839495 Ross Owen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13839495 2023-01-31 13839495 2024-01-31 13839495 2023-02-01 2024-01-31 13839495 frs-core:CurrentFinancialInstruments 2024-01-31 13839495 frs-core:Non-currentFinancialInstruments 2024-01-31 13839495 frs-core:BetweenOneFiveYears 2024-01-31 13839495 frs-core:ComputerEquipment 2024-01-31 13839495 frs-core:ComputerEquipment 2023-02-01 2024-01-31 13839495 frs-core:ComputerEquipment 2023-01-31 13839495 frs-core:FurnitureFittings 2023-02-01 2024-01-31 13839495 frs-core:MotorVehicles 2024-01-31 13839495 frs-core:MotorVehicles 2023-02-01 2024-01-31 13839495 frs-core:MotorVehicles 2023-01-31 13839495 frs-core:PlantMachinery 2024-01-31 13839495 frs-core:PlantMachinery 2023-02-01 2024-01-31 13839495 frs-core:PlantMachinery 2023-01-31 13839495 frs-core:ShareCapital 2024-01-31 13839495 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13839495 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13839495 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13839495 frs-bus:SmallEntities 2023-02-01 2024-01-31 13839495 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13839495 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13839495 frs-bus:Director1 2023-02-01 2024-01-31 13839495 frs-countries:EnglandWales 2023-02-01 2024-01-31 13839495 2022-01-31 13839495 2023-01-31 13839495 2022-02-01 2023-01-31 13839495 frs-core:CurrentFinancialInstruments 2023-01-31 13839495 frs-core:Non-currentFinancialInstruments 2023-01-31 13839495 frs-core:BetweenOneFiveYears 2023-01-31 13839495 frs-core:ShareCapital 2023-01-31 13839495 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13839495
R1 Building & Maintenance Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Tax Data Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13839495
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,158 21,547
16,158 21,547
CURRENT ASSETS
Stocks 5 2,000 2,000
Debtors 6 7,936 11,710
Cash at bank and in hand 3,289 10,540
13,225 24,250
Creditors: Amounts Falling Due Within One Year 7 (23,970 ) (21,968 )
NET CURRENT ASSETS (LIABILITIES) (10,745 ) 2,282
TOTAL ASSETS LESS CURRENT LIABILITIES 5,413 23,829
Creditors: Amounts Falling Due After More Than One Year 8 (19,490 ) (23,723 )
NET (LIABILITIES)/ASSETS (14,077 ) 106
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account (14,078 ) 105
SHAREHOLDERS' FUNDS (14,077) 106
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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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Ross Owen
Director
22/10/2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
R1 Building & Maintenance Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13839495 . The registered office is Flat 13 Peake Court 2 Cavalier Close , Wallington , Surrey , SM6 8DL .
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 1,569 26,875 286 28,730
As at 31 January 2024 1,569 26,875 286 28,730
Depreciation
As at 1 February 2023 392 6,719 72 7,183
Provided during the period 294 5,040 55 5,389
As at 31 January 2024 686 11,759 127 12,572
Net Book Value
As at 31 January 2024 883 15,116 159 16,158
As at 1 February 2023 1,177 20,156 214 21,547
5. Stocks
2024 2023
£ £
Stock 1,000 2,000
Work in progress 1,000 -
2,000 2,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,076 829
Other debtors 6,860 10,881
7,936 11,710
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) 1
Other creditors 23,971 21,967
23,970 21,968
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 19,490 23,723
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9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 19,490 23,723
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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