Acorah Software Products - Accounts Production 16.0.110 false true false 24 June 2023 30 June 2024 30 June 2024 14959142 T Maples P R Nyamweya iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14959142 2023-06-23 14959142 2024-06-30 14959142 2023-06-24 2024-06-30 14959142 frs-core:CurrentFinancialInstruments 2024-06-30 14959142 frs-core:ComputerEquipment 2024-06-30 14959142 frs-core:ComputerEquipment 2023-06-24 2024-06-30 14959142 frs-core:ComputerEquipment 2023-06-23 14959142 frs-core:FurnitureFittings 2024-06-30 14959142 frs-core:FurnitureFittings 2023-06-24 2024-06-30 14959142 frs-core:FurnitureFittings 2023-06-23 14959142 frs-core:ShareCapital 2024-06-30 14959142 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14959142 frs-bus:PrivateLimitedCompanyLtd 2023-06-24 2024-06-30 14959142 frs-bus:FilletedAccounts 2023-06-24 2024-06-30 14959142 frs-bus:SmallEntities 2023-06-24 2024-06-30 14959142 frs-bus:AuditExempt-NoAccountantsReport 2023-06-24 2024-06-30 14959142 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-24 2024-06-30 14959142 frs-bus:OrdinaryShareClass1 2023-06-24 2024-06-30 14959142 frs-bus:OrdinaryShareClass1 2024-06-30 14959142 frs-bus:Director1 2023-06-24 2024-06-30 14959142 frs-bus:Director2 2023-06-24 2024-06-30 14959142 frs-countries:EnglandWales 2023-06-24 2024-06-30
Registered number: 14959142
Revenue Catalyst Ltd
Unaudited Financial Statements
For the Period 24 June 2023 to 30 June 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14959142
30 June 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,141
1,141
CURRENT ASSETS
Debtors 5 3,074
Cash at bank and in hand 6,540
9,614
Creditors: Amounts Falling Due Within One Year 6 (141,771 )
NET CURRENT ASSETS (LIABILITIES) (132,157 )
TOTAL ASSETS LESS CURRENT LIABILITIES (131,016 )
NET LIABILITIES (131,016 )
CAPITAL AND RESERVES
Called up share capital 7 2
Profit and Loss Account (131,018 )
SHAREHOLDERS' FUNDS (131,016)
For the period ending 30 June 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
T Maples
Director
27/11/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Revenue Catalyst Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14959142 . The registered office is Unit 2 Green Farm Business Park, Folly Road, Latteridge, Bristol, BS37 9TZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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% SLM
Computer Equipment 33% SLM
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 24 June 2023 - - -
Additions 531 921 1,452
As at 30 June 2024 531 921 1,452
Depreciation
As at 24 June 2023 - - -
Provided during the period 77 234 311
As at 30 June 2024 77 234 311
Net Book Value
As at 30 June 2024 454 687 1,141
As at 24 June 2023 - - -
Page 2
Page 3
5. Debtors
30 June 2024
£
Due within one year
Trade debtors 450
Other debtors 2,624
3,074
6. Creditors: Amounts Falling Due Within One Year
30 June 2024
£
Trade creditors 22,211
Other creditors 119,560
141,771
7. Share Capital
30 June 2024
Allotted, called up and fully paid £
2 Ordinary Shares of £ 1.00 each 2
Shares issued during the period: £
2 Ordinary Shares of £ 1.00 each 2
Page 3