Acorah Software Products - Accounts Production 16.0.110 false true true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 08914787 Mr John Mather iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08914787 2023-02-28 08914787 2024-02-29 08914787 2023-03-01 2024-02-29 08914787 frs-core:CurrentFinancialInstruments 2024-02-29 08914787 frs-core:Non-currentFinancialInstruments 2024-02-29 08914787 frs-core:PlantMachinery 2024-02-29 08914787 frs-core:PlantMachinery 2023-03-01 2024-02-29 08914787 frs-core:PlantMachinery 2023-02-28 08914787 frs-core:SharePremium 2024-02-29 08914787 frs-core:ShareCapital 2024-02-29 08914787 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 08914787 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 08914787 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 08914787 frs-bus:SmallEntities 2023-03-01 2024-02-29 08914787 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 08914787 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 08914787 frs-bus:Director1 2023-03-01 2024-02-29 08914787 frs-countries:EnglandWales 2023-03-01 2024-02-29 08914787 2022-02-28 08914787 2023-02-28 08914787 2022-03-01 2023-02-28 08914787 frs-core:CurrentFinancialInstruments 2023-02-28 08914787 frs-core:Non-currentFinancialInstruments 2023-02-28 08914787 frs-core:SharePremium 2023-02-28 08914787 frs-core:ShareCapital 2023-02-28 08914787 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 08914787
Resource Solutions Via Projects Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 08914787
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 515 773
515 773
CURRENT ASSETS
Debtors 5 11,376 10,976
Cash at bank and in hand 839 111
12,215 11,087
Creditors: Amounts Falling Due Within One Year 6 (611 ) (39,938 )
NET CURRENT ASSETS (LIABILITIES) 11,604 (28,851 )
TOTAL ASSETS LESS CURRENT LIABILITIES 12,119 (28,078 )
Creditors: Amounts Falling Due After More Than One Year 7 (71,062 ) (48,885 )
NET LIABILITIES (58,943 ) (76,963 )
CAPITAL AND RESERVES
Called up share capital 8 90 90
Share premium account 144,149 144,149
Income Statement (203,182 ) (221,202 )
SHAREHOLDERS' FUNDS (58,943) (76,963)
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For the year ending 29 February 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 Income Statement.
On behalf of the board
Mr John Mather
Director
13/11/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Resource Solutions Via Projects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08914787 . The registered office is 85 Great Portland Street, London, W1W 7LT.
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. The main creditor being the directors loan to the company together with accrued and unpaid interest.
2.3. Turnover
Turnover is measured at the fair value of commissions received or receivable in the normal course of business.

Revenue from commissions is only recognised in the accounts once the resulting contracts have been signed. No income is recognised in relation to speculative work.
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 Four years straight line
2.5. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the conctractual provisions of the instrument.

Financial assets and liabiliities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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2.6. 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 year 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 asset reflects 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.
2.7. Government Grant
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 March 2023 3,638
As at 29 February 2024 3,638
Depreciation
As at 1 March 2023 2,865
Provided during the period 258
As at 29 February 2024 3,123
Net Book Value
As at 29 February 2024 515
As at 1 March 2023 773
5. Debtors
2024 2023
£ £
Due after more than one year
Other debtors 11,376 10,976
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Accruals and deferred income 610 39,938
611 39,938
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors - 992
Directors loan account 71,062 47,893
71,062 48,885
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 90 90
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