Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 SC194373 Mr Glen McIntosh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC194373 2023-03-31 SC194373 2024-03-31 SC194373 2023-04-01 2024-03-31 SC194373 frs-core:CurrentFinancialInstruments 2024-03-31 SC194373 frs-core:PlantMachinery 2024-03-31 SC194373 frs-core:PlantMachinery 2023-04-01 2024-03-31 SC194373 frs-core:PlantMachinery 2023-03-31 SC194373 frs-core:ShareCapital 2024-03-31 SC194373 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC194373 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC194373 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC194373 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC194373 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC194373 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC194373 frs-bus:Director1 2023-04-01 2024-03-31 SC194373 frs-countries:Scotland 2023-04-01 2024-03-31 SC194373 2022-03-31 SC194373 2023-03-31 SC194373 2022-04-01 2023-03-31 SC194373 frs-core:CurrentFinancialInstruments 2023-03-31 SC194373 frs-core:ShareCapital 2023-03-31 SC194373 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC194373
ROMANNOBRIDGE INFORMATION SYSTEMS LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2024
Menzies Accountants Ltd
18 Campbell Road
Edinburgh
EH12 6DT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC194373
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,416 5,887
4,416 5,887
CURRENT ASSETS
Stocks 5 2,924 2,924
Debtors 6 76,941 67,660
Cash at bank and in hand 144,530 138,825
224,395 209,409
Creditors: Amounts Falling Due Within One Year 7 (14,342 ) (11,785 )
NET CURRENT ASSETS (LIABILITIES) 210,053 197,624
TOTAL ASSETS LESS CURRENT LIABILITIES 214,469 203,511
NET ASSETS 214,469 203,511
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 213,469 202,511
SHAREHOLDERS' FUNDS 214,469 203,511
Page 1
Page 2
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 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 Glen McIntosh
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
ROMANNOBRIDGE INFORMATION SYSTEMS LIMITED is a private company, limited by shares, incorporated in Scotland, registered number SC194373 . The registered office is 18 Campbell Road, Edinburgh, EH12 6DT.
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% reducing balance
2.4. 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
Plant & Machinery
£
Cost
As at 1 April 2023 75,584
As at 31 March 2024 75,584
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 69,697
Provided during the period 1,471
As at 31 March 2024 71,168
Net Book Value
As at 31 March 2024 4,416
As at 1 April 2023 5,887
5. Stocks
2024 2023
£ £
Materials 2,924 2,924
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 74,711 65,430
Other debtors 2,230 2,230
76,941 67,660
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,232 2,163
Other taxes and social security 12,360 8,922
Accruals and deferred income 750 700
14,342 11,785
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4