Acorah Software Products - Accounts Production 16.1.200 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12856015 Mr Ryan Croskell Mrs Donna Croskell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12856015 2023-09-30 12856015 2024-09-30 12856015 2023-10-01 2024-09-30 12856015 frs-core:CurrentFinancialInstruments 2024-09-30 12856015 frs-core:ComputerEquipment 2024-09-30 12856015 frs-core:ComputerEquipment 2023-10-01 2024-09-30 12856015 frs-core:ComputerEquipment 2023-09-30 12856015 frs-core:MotorVehicles 2024-09-30 12856015 frs-core:MotorVehicles 2023-10-01 2024-09-30 12856015 frs-core:MotorVehicles 2023-09-30 12856015 frs-core:PlantMachinery 2024-09-30 12856015 frs-core:PlantMachinery 2023-10-01 2024-09-30 12856015 frs-core:PlantMachinery 2023-09-30 12856015 frs-core:ShareCapital 2024-09-30 12856015 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12856015 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12856015 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12856015 frs-bus:SmallEntities 2023-10-01 2024-09-30 12856015 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12856015 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12856015 frs-bus:Director1 2023-10-01 2024-09-30 12856015 frs-bus:Director2 2023-10-01 2024-09-30 12856015 frs-countries:EnglandWales 2023-10-01 2024-09-30 12856015 2022-09-30 12856015 2023-09-30 12856015 2022-10-01 2023-09-30 12856015 frs-core:CurrentFinancialInstruments 2023-09-30 12856015 frs-core:ShareCapital 2023-09-30 12856015 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12856015
R D Diesels Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Accountants for Small Business
Chartered Certified Accountants
2 Low House Business Centre
Matson Ground
Windermere
Cumbria
LA23 3NA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12856015
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,701 22,126
17,701 22,126
CURRENT ASSETS
Stocks 5 408,173 388,106
Debtors 6 58,295 70,612
Cash at bank and in hand 685,610 687,850
1,152,078 1,146,568
Creditors: Amounts Falling Due Within One Year 7 (198,865 ) (372,256 )
NET CURRENT ASSETS (LIABILITIES) 953,213 774,312
TOTAL ASSETS LESS CURRENT LIABILITIES 970,914 796,438
NET ASSETS 970,914 796,438
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 970,814 796,338
SHAREHOLDERS' FUNDS 970,914 796,438
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Page 2
For the year ending 30 September 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
Mrs Donna Croskell
Director
10/01/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R D Diesels Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12856015 . The registered office is Unit 26 Hall House Industrial Est, Beehive Lane, New Hutton, Kendal, Cumbria, LA8 0AH.
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 20% reducing balance
Motor Vehicles 20% reducing balance
Office Equipment 20% 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Plant & Machinery Motor Vehicles Office Equipment Total
£ £ £ £
Cost
As at 1 October 2023 4,521 26,724 3,875 35,120
As at 30 September 2024 4,521 26,724 3,875 35,120
Depreciation
As at 1 October 2023 1,842 9,906 1,246 12,994
Provided during the period 536 3,363 526 4,425
As at 30 September 2024 2,378 13,269 1,772 17,419
Net Book Value
As at 30 September 2024 2,143 13,455 2,103 17,701
As at 1 October 2023 2,679 16,818 2,629 22,126
5. Stocks
2024 2023
£ £
Stock - inventory 379,963 361,996
Stock - parts 28,210 26,110
408,173 388,106
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 39,095 65,892
EBay and PayPal debtor 3,707 4,512
VAT 15,493 -
Net wages - 208
58,295 70,612
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 79,562 251,627
Corporation tax 116,605 106,567
VAT - 2,398
Net wages 697 -
Accruals and deferred income 725 700
Directors' loan accounts 1,276 10,964
198,865 372,256
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5