Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 09403997 Mr R Crowley Mr R Crowley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09403997 2023-02-28 09403997 2024-02-28 09403997 2023-03-01 2024-02-28 09403997 frs-core:CurrentFinancialInstruments 2024-02-28 09403997 frs-core:Non-currentFinancialInstruments 2024-02-28 09403997 frs-core:BetweenOneFiveYears 2024-02-28 09403997 frs-core:ComputerEquipment 2024-02-28 09403997 frs-core:ComputerEquipment 2023-03-01 2024-02-28 09403997 frs-core:ComputerEquipment 2023-02-28 09403997 frs-core:FurnitureFittings 2024-02-28 09403997 frs-core:FurnitureFittings 2023-03-01 2024-02-28 09403997 frs-core:FurnitureFittings 2023-02-28 09403997 frs-core:MotorVehicles 2024-02-28 09403997 frs-core:MotorVehicles 2023-03-01 2024-02-28 09403997 frs-core:MotorVehicles 2023-02-28 09403997 frs-core:PlantMachinery 2024-02-28 09403997 frs-core:PlantMachinery 2023-03-01 2024-02-28 09403997 frs-core:PlantMachinery 2023-02-28 09403997 frs-core:WithinOneYear 2024-02-28 09403997 frs-core:ShareCapital 2024-02-28 09403997 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 09403997 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 09403997 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 09403997 frs-bus:SmallEntities 2023-03-01 2024-02-28 09403997 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 09403997 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 09403997 frs-bus:Director1 2023-03-01 2024-02-28 09403997 frs-bus:CompanySecretary1 2023-03-01 2024-02-28 09403997 frs-core:CurrentFinancialInstruments 1 2024-02-28 09403997 frs-countries:EnglandWales 2023-03-01 2024-02-28 09403997 2022-02-28 09403997 2023-02-28 09403997 2022-03-01 2023-02-28 09403997 frs-core:CurrentFinancialInstruments 2023-02-28 09403997 frs-core:Non-currentFinancialInstruments 2023-02-28 09403997 frs-core:BetweenOneFiveYears 2023-02-28 09403997 frs-core:WithinOneYear 2023-02-28 09403997 frs-core:ShareCapital 2023-02-28 09403997 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 09403997 frs-core:CurrentFinancialInstruments 1 2023-02-28
Registered number: 09403997
Ryan Crowley Limited
Financial Statements
For The Year Ended 28 February 2024
Oakensen (Bristol)
Chartered Accountants
Westbury Court Church Road
Westbury-on-Trym
Bristol
BS9 3EF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09403997
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,737 25,026
19,737 25,026
CURRENT ASSETS
Stocks 5 37,660 35,123
Debtors 6 11,179 1,464
Cash at bank and in hand 16,758 27,508
65,597 64,095
Creditors: Amounts Falling Due Within One Year 7 (64,317 ) (53,384 )
NET CURRENT ASSETS (LIABILITIES) 1,280 10,711
TOTAL ASSETS LESS CURRENT LIABILITIES 21,017 35,737
Creditors: Amounts Falling Due After More Than One Year 8 (20,663 ) (34,508 )
NET ASSETS 354 1,229
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 352 1,227
SHAREHOLDERS' FUNDS 354 1,229
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Page 2
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 R Crowley
Director
21 November 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Ryan Crowley Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09403997 . The registered office is 25 Riverside Park Severn Beach, Bristol, Bristol, BS35 4PN.
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 15% reducing balance
Motor Vehicles 4 years
Fixtures & Fittings 15% reducing balance
Computer Equipment 15% reducing balance
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 are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2023 13,707 14,046 17,428 1,577 46,758
As at 28 February 2024 13,707 14,046 17,428 1,577 46,758
Depreciation
As at 1 March 2023 9,084 878 10,939 831 21,732
Provided during the period 693 3,511 973 112 5,289
As at 28 February 2024 9,777 4,389 11,912 943 27,021
Net Book Value
As at 28 February 2024 3,930 9,657 5,516 634 19,737
As at 1 March 2023 4,623 13,168 6,489 746 25,026
5. Stocks
2024 2023
£ £
Stock 37,660 35,123
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,881 -
Other debtors 8,298 1,464
11,179 1,464
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,680 3,506
Trade creditors 7,087 10,333
Bank loans and overdrafts 18,539 9,915
Other taxes and social security 9,884 5,664
Other creditors less than 1 year 4,465 3,821
Member's balances 20,662 20,145
64,317 53,384
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 6,882 10,562
Bank loans 13,781 23,946
20,663 34,508
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,680 3,506
Later than one year and not later than five years 6,882 10,562
10,562 14,068
10,562 14,068
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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