Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 8 March 2022 false 1 April 2023 31 March 2024 31 March 2024 13962488 Miss Sarah Lock Mr Richard Lock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13962488 2023-03-31 13962488 2024-03-31 13962488 2023-04-01 2024-03-31 13962488 frs-core:CurrentFinancialInstruments 2024-03-31 13962488 frs-core:PlantMachinery 2023-04-01 2024-03-31 13962488 frs-core:ShareCapital 2024-03-31 13962488 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13962488 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13962488 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13962488 frs-bus:SmallEntities 2023-04-01 2024-03-31 13962488 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13962488 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13962488 frs-bus:Director1 2023-04-01 2024-03-31 13962488 frs-bus:Director2 2023-04-01 2024-03-31 13962488 frs-countries:EnglandWales 2023-04-01 2024-03-31 13962488 2022-03-07 13962488 2023-03-31 13962488 2022-03-08 2023-03-31 13962488 frs-core:CurrentFinancialInstruments 2023-03-31 13962488 frs-core:ShareCapital 2023-03-31 13962488 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13962488
RS Lock Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 13962488
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Creditors: Amounts Falling Due Within One Year 4 (15,867 ) (15,493 )
NET CURRENT ASSETS (LIABILITIES) (15,867 ) (15,493 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,867 ) (15,493 )
NET LIABILITIES (15,867 ) (15,493 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (15,967 ) (15,593 )
SHAREHOLDERS' FUNDS (15,867) (15,493)
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
Miss Sarah Lock
Director
26/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
RS Lock Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13962488 . The registered office is 3 Buckland House, William Prance Road, Plymouth, PL6 5WR.
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% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 3)
- 3
4. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Bank loans and overdrafts 34 -
Amounts owed to group undertakings 14,581 14,601
Other creditors 1,252 892
15,867 15,493
5. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 100 100
Page 2