Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 13304525 Mrs Suganthy Sundaramoorthy Mr Niroj Nalliah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13304525 2023-03-31 13304525 2024-03-31 13304525 2023-04-01 2024-03-31 13304525 frs-core:CurrentFinancialInstruments 2024-03-31 13304525 frs-core:Non-currentFinancialInstruments 2024-03-31 13304525 frs-core:ComputerEquipment 2024-03-31 13304525 frs-core:ComputerEquipment 2023-04-01 2024-03-31 13304525 frs-core:ComputerEquipment 2023-03-31 13304525 frs-core:FurnitureFittings 2024-03-31 13304525 frs-core:FurnitureFittings 2023-04-01 2024-03-31 13304525 frs-core:FurnitureFittings 2023-03-31 13304525 frs-core:ShareCapital 2024-03-31 13304525 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13304525 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13304525 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13304525 frs-bus:SmallEntities 2023-04-01 2024-03-31 13304525 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13304525 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13304525 frs-bus:Director1 2023-04-01 2024-03-31 13304525 frs-bus:Director2 2023-04-01 2024-03-31 13304525 frs-core:CurrentFinancialInstruments 1 2024-03-31 13304525 frs-core:Non-currentFinancialInstruments 1 2024-03-31 13304525 frs-core:Non-currentFinancialInstruments 2 2024-03-31 13304525 frs-countries:EnglandWales 2023-04-01 2024-03-31 13304525 2022-03-31 13304525 2023-03-31 13304525 2022-04-01 2023-03-31 13304525 frs-core:CurrentFinancialInstruments 2023-03-31 13304525 frs-core:Non-currentFinancialInstruments 2023-03-31 13304525 frs-core:ShareCapital 2023-03-31 13304525 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 13304525 frs-core:CurrentFinancialInstruments 1 2023-03-31 13304525 frs-core:Non-currentFinancialInstruments 1 2023-03-31 13304525 frs-core:Non-currentFinancialInstruments 2 2023-03-31
Registered number: 13304525
Rocky's Express (Studfall Avenue) Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13304525
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 26,186 32,732
26,186 32,732
CURRENT ASSETS
Stocks 5 38,750 27,250
Cash at bank and in hand 6,621 6,525
45,371 33,775
Creditors: Amounts Falling Due Within One Year 7 (38,254 ) (17,303 )
NET CURRENT ASSETS (LIABILITIES) 7,117 16,472
TOTAL ASSETS LESS CURRENT LIABILITIES 33,303 49,204
Creditors: Amounts Falling Due After More Than One Year 8 (52,167 ) (64,967 )
NET LIABILITIES (18,864 ) (15,763 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (18,866 ) (15,765 )
SHAREHOLDERS' FUNDS (18,864) (15,763)
Page 1
Page 2
For the year ending 31 March 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
Mrs Suganthy Sundaramoorthy
Director
28/08/2024
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
Rocky's Express (Studfall Avenue) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13304525 . The registered office is 64 Newmarket Close, Corby, Northamptonshire, NN18 8QH.
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:
Fixtures & Fittings 20%
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: 1 (2023: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 40,000 915 40,915
As at 31 March 2024 40,000 915 40,915
Depreciation
As at 1 April 2023 8,000 183 8,183
Provided during the period 6,400 146 6,546
As at 31 March 2024 14,400 329 14,729
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 25,600 586 26,186
As at 1 April 2023 32,000 732 32,732
5. Stocks
2024 2023
£ £
Finished goods 38,750 27,250
6. Debtors
2024 2023
£ £
Due within one year
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,464 3,942
Other taxes and social security 385 92
VAT 499 469
Other creditors (F&F Finance) 12,800 12,800
Directors' loan accounts 22,106 -
38,254 17,303
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 35,100 35,100
Other creditors (Propel Finance) 12,400 17,200
Other creditors (Armada Asset Finance) 4,667 12,667
52,167 64,967
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4