Acorah Software Products - Accounts Production 14.6.300 false true false 1 January 2023 28 December 2023 28 December 2023 04980237 Miss Jane Dunn Mr Mark Fairweather Mr Aidan Kirwan Mr Aidan Kirwan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04980237 2022-12-31 04980237 2023-12-28 04980237 2023-01-01 2023-12-28 04980237 frs-core:CurrentFinancialInstruments 2023-12-28 04980237 frs-core:Non-currentFinancialInstruments 2023-12-28 04980237 frs-core:FurnitureFittings 2023-12-28 04980237 frs-core:FurnitureFittings 2023-01-01 2023-12-28 04980237 frs-core:FurnitureFittings 2022-12-31 04980237 frs-core:PlantMachinery 2023-12-28 04980237 frs-core:PlantMachinery 2023-01-01 2023-12-28 04980237 frs-core:PlantMachinery 2022-12-31 04980237 frs-core:OtherReservesSubtotal 2023-12-28 04980237 frs-core:SharePremium 2023-12-28 04980237 frs-core:ShareCapital 2023-12-28 04980237 frs-core:RetainedEarningsAccumulatedLosses 2023-12-28 04980237 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-28 04980237 frs-bus:FilletedAccounts 2023-01-01 2023-12-28 04980237 frs-bus:SmallEntities 2023-01-01 2023-12-28 04980237 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-28 04980237 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-28 04980237 frs-bus:Director1 2023-01-01 2023-12-28 04980237 frs-bus:Director2 2023-01-01 2023-12-28 04980237 frs-bus:Director3 2023-01-01 2023-12-28 04980237 frs-bus:CompanySecretary1 2023-01-01 2023-12-28 04980237 frs-countries:EnglandWales 2023-01-01 2023-12-28
Registered number: 04980237
Rogue Leisure Ltd
Unaudited Financial Statements
For The Year Ended 28 December 2023
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04980237
2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 143,442
143,442
CURRENT ASSETS
Debtors 5 67,423
Cash at bank and in hand 52,770
120,193
Creditors: Amounts Falling Due Within One Year 6 (246,568 )
NET CURRENT ASSETS (LIABILITIES) (126,375 )
TOTAL ASSETS LESS CURRENT LIABILITIES 17,067
Creditors: Amounts Falling Due After More Than One Year 7 (256,939 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (21,300 )
NET LIABILITIES (261,172 )
CAPITAL AND RESERVES
Called up share capital 8 152
Share premium account 42,960
Other reserves 24,985
Profit and Loss Account (329,269 )
SHAREHOLDERS' FUNDS (261,172)
Page 1
Page 2
For the year ending 28 December 2023 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 Aidan Kirwan
Director
19/11/2024
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
Rogue Leisure Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04980237 . The registered office is 2a Cope Road, Banbury, OX16 2EH.
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:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 10% straigt line
2.4. 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 years 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 assets reflect 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
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Page 3
Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 393,595 966,997 1,360,592
As at 28 December 2023 393,595 966,997 1,360,592
Depreciation
As at 1 January 2023 373,662 741,805 1,115,467
Provided during the period 4,983 96,700 101,683
As at 28 December 2023 378,645 838,505 1,217,150
Net Book Value
As at 28 December 2023 14,950 128,492 143,442
As at 1 January 2023 19,933 225,192 245,125
5. Debtors
2023
£
Due within one year
Other debtors 67,423
6. Creditors: Amounts Falling Due Within One Year
2023
£
Trade creditors 119,197
Bank loans and overdrafts 115,168
Other creditors 1,750
Taxation and social security 10,453
246,568
7. Creditors: Amounts Falling Due After More Than One Year
2023
£
Bank loans 94,405
Other creditors 162,534
256,939
8. Share Capital
2023
£
Allotted, Called up and fully paid 152
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