Acorah Software Products - Accounts Production 16.0.110 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09619768 Rumen Bashalov Roska Hristovska iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09619768 2023-06-30 09619768 2024-06-30 09619768 2023-07-01 2024-06-30 09619768 frs-core:ComputerEquipment 2024-06-30 09619768 frs-core:ComputerEquipment 2023-07-01 2024-06-30 09619768 frs-core:ComputerEquipment 2023-06-30 09619768 frs-core:ShareCapital 2024-06-30 09619768 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09619768 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09619768 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09619768 frs-bus:SmallEntities 2023-07-01 2024-06-30 09619768 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09619768 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09619768 frs-bus:Director1 2023-07-01 2024-06-30 09619768 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 09619768 frs-countries:EnglandWales 2023-07-01 2024-06-30 09619768 2022-06-30 09619768 2023-06-30 09619768 2022-07-01 2023-06-30 09619768 frs-core:ShareCapital 2023-06-30 09619768 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 09619768
Ralex Sports Limited
Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 09619768
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 199
- 199
CURRENT ASSETS
Stocks 5 14,800 11,200
Cash at bank and in hand 12,343 1,504
27,143 12,704
Creditors: Amounts Falling Due Within One Year 6 (28,833 ) (27,483 )
NET CURRENT ASSETS (LIABILITIES) (1,690 ) (14,779 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,690 ) (14,580 )
NET LIABILITIES (1,690 ) (14,580 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement (1,790 ) (14,680 )
SHAREHOLDERS' FUNDS (1,690) (14,580)
Page 1
Page 2
For the year 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 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 Income Statement.
On behalf of the board
Rumen Bashalov
Director
02/12/2024
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
Ralex Sports Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09619768 . The registered office is 7 Fenton Road, Mickleover, Derby, Derbyshire, DE3 0EN.
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. Going Concern Disclosure
The director considers that the company will continue to operate based on the current financial information and continued support of the director. On this basis the director considers it appropriate to prepare the accounts on a going concern basis.
2.3. 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.
2.4. 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:
Computer Equipment 33% on cost
2.5. Stocks and Work in Progress
Stocks and work in progress 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2023 1,057
As at 30 June 2024 1,057
Depreciation
As at 1 July 2023 858
Provided during the period 199
As at 30 June 2024 1,057
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 199
Page 3
Page 4
5. Stocks
2024 2023
£ £
Stock 14,800 11,200
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 28,833 27,483
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4