Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09373505 Mr Raymond Walters iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09373505 2023-01-31 09373505 2024-01-31 09373505 2023-02-01 2024-01-31 09373505 frs-core:CurrentFinancialInstruments 2024-01-31 09373505 frs-core:ComputerEquipment 2024-01-31 09373505 frs-core:ComputerEquipment 2023-02-01 2024-01-31 09373505 frs-core:ComputerEquipment 2023-01-31 09373505 frs-core:RevaluationReserve 2023-01-31 09373505 frs-core:RevaluationReserve 2024-01-31 09373505 frs-core:ShareCapital 2024-01-31 09373505 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09373505 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09373505 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09373505 frs-bus:SmallEntities 2023-02-01 2024-01-31 09373505 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09373505 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09373505 frs-bus:Director1 2023-02-01 2024-01-31 09373505 frs-countries:EnglandWales 2023-02-01 2024-01-31 09373505 2022-01-31 09373505 2023-01-31 09373505 2022-02-01 2023-01-31 09373505 frs-core:CurrentFinancialInstruments 2023-01-31 09373505 frs-core:RevaluationReserve 2023-01-31 09373505 frs-core:ShareCapital 2023-01-31 09373505 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09373505
Raw Business Development Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Amber Consultancy
11 Ragged Hall Lane
Chiswell Green
St Albans
Herts
AL2 3LB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09373505
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 198 264
198 264
CURRENT ASSETS
Stocks 5 33,160 30,239
Debtors 6 361 1,138
Cash at bank and in hand 5,321 3,015
38,842 34,392
Creditors: Amounts Falling Due Within One Year 7 (82,323 ) (84,797 )
NET CURRENT ASSETS (LIABILITIES) (43,481 ) (50,405 )
TOTAL ASSETS LESS CURRENT LIABILITIES (43,283 ) (50,141 )
NET LIABILITIES (43,283 ) (50,141 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Revaluation reserve 9 5,163 5,163
Profit and Loss Account (48,447 ) (55,305 )
SHAREHOLDERS' FUNDS (43,283) (50,141)
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 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
Mr Raymond Walters
Director
08/11/2024
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
Raw Business Development Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09373505 . The registered office is Nightingale Corner, Nightingale Road, Bushey, Herts, WD23 3NJ.
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:
Computer Equipment 20%
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: 2 (2023: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2023 916
As at 31 January 2024 916
Depreciation
As at 1 February 2023 652
Provided during the period 66
As at 31 January 2024 718
Net Book Value
As at 31 January 2024 198
As at 1 February 2023 264
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5. Stocks
2024 2023
£ £
Stock 33,160 30,239
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 361 1,138
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 149
Accruals and deferred income 456 437
Director's loan account 81,867 84,211
82,323 84,797
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Reserves
Revaluation Reserve
£
As at 1 February 2023 5,163
As at 31 January 2024 5,163
Page 4