Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 03952814 Mr Stephen Lightfoot Mr Paul Hucker Mrs Carole Fry Mrs Carole Fry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03952814 2023-05-31 03952814 2024-05-31 03952814 2023-06-01 2024-05-31 03952814 frs-core:CurrentFinancialInstruments 2024-05-31 03952814 frs-core:Non-currentFinancialInstruments 2024-05-31 03952814 frs-core:BetweenOneFiveYears 2024-05-31 03952814 frs-core:FurnitureFittings 2024-05-31 03952814 frs-core:FurnitureFittings 2023-06-01 2024-05-31 03952814 frs-core:FurnitureFittings 2023-05-31 03952814 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 03952814 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 03952814 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 03952814 frs-core:PlantMachinery 2024-05-31 03952814 frs-core:PlantMachinery 2023-06-01 2024-05-31 03952814 frs-core:PlantMachinery 2023-05-31 03952814 frs-core:WithinOneYear 2024-05-31 03952814 frs-core:CapitalRedemptionReserve 2024-05-31 03952814 frs-core:ShareCapital 2024-05-31 03952814 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 03952814 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 03952814 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 03952814 frs-bus:SmallEntities 2023-06-01 2024-05-31 03952814 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 03952814 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 03952814 frs-bus:Director1 2023-06-01 2024-05-31 03952814 frs-bus:Director2 2023-06-01 2024-05-31 03952814 frs-bus:Director3 2023-06-01 2024-05-31 03952814 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 03952814 frs-countries:EnglandWales 2023-06-01 2024-05-31 03952814 2022-05-31 03952814 2023-05-31 03952814 2022-06-01 2023-05-31 03952814 frs-core:CurrentFinancialInstruments 2023-05-31 03952814 frs-core:Non-currentFinancialInstruments 2023-05-31 03952814 frs-core:BetweenOneFiveYears 2023-05-31 03952814 frs-core:WithinOneYear 2023-05-31 03952814 frs-core:CapitalRedemptionReserve 2023-05-31 03952814 frs-core:ShareCapital 2023-05-31 03952814 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 03952814
Redvision CCTV Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Jupp Castle Limited
ACCA
5 Taplins Court
Taplins Farm Lane
Hartley Wintney
RG27 8XU
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03952814
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 102,930 24,199
102,930 24,199
CURRENT ASSETS
Stocks 5 907,890 726,005
Debtors 6 1,179,663 926,316
Cash at bank and in hand 535,323 373,765
2,622,876 2,026,086
Creditors: Amounts Falling Due Within One Year 7 (353,319 ) (182,735 )
NET CURRENT ASSETS (LIABILITIES) 2,269,557 1,843,351
TOTAL ASSETS LESS CURRENT LIABILITIES 2,372,487 1,867,550
Creditors: Amounts Falling Due After More Than One Year 8 (66,954 ) -
NET ASSETS 2,305,533 1,867,550
CAPITAL AND RESERVES
Called up share capital 10 1,100,000 1,100,000
Capital redemption reserve (5 ) -
Profit and Loss Account 1,205,538 767,550
SHAREHOLDERS' FUNDS 2,305,533 1,867,550
Page 1
Page 2
For the year ending 31 May 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
Mr Paul Hucker
Director
Mrs Carole Fry
Director
12 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Redvision CCTV Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03952814 . The registered office is 5 Taplins Court, Taplins Farm Lane Hartley Wintney, Hook, Hampshire, RG27 8XU.
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.
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:
Leasehold 25% straight line
Plant & Machinery 25% straight line
Fixtures & Fittings 25% straight line
2.4. 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.
2.5. Stocks and Work in Progress
Stocks and goods-in-transit 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. Goods- in -transit are recorded as they are ordered and valued at cost. 
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2023: 19)
20 19
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 June 2023 48,595 27,075 38,484 114,154
Additions - 96,305 3,570 99,875
As at 31 May 2024 48,595 123,380 42,054 214,029
Depreciation
As at 1 June 2023 43,999 11,397 34,559 89,955
Provided during the period 599 18,445 2,100 21,144
As at 31 May 2024 44,598 29,842 36,659 111,099
Net Book Value
As at 31 May 2024 3,997 93,538 5,395 102,930
As at 1 June 2023 4,596 15,678 3,925 24,199
5. Stocks
2024 2023
£ £
Stock 907,890 726,005
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 716,254 492,283
Amounts owed by group undertakings 447,420 410,732
Other debtors 15,989 23,301
1,179,663 926,316
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 12,035 1,568
Trade creditors 194,634 96,080
Other creditors 3,965 6,923
Taxation and social security 142,685 78,164
353,319 182,735
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 66,954 -
66,954 -
Page 4
Page 5
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 12,035 1,568
Later than one year and not later than five years 66,954 -
78,989 1,568
78,989 1,568
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,100,000 1,100,000
Page 5