Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 09556299 Mr Rimankumar Vekariya Mr Rikeshkumar Patel Mr Rimankumar Vekariya true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09556299 2023-04-30 09556299 2024-04-30 09556299 2023-05-01 2024-04-30 09556299 frs-core:Non-currentFinancialInstruments 2024-04-30 09556299 frs-core:ShareCapital 2024-04-30 09556299 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 09556299 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09556299 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 09556299 frs-bus:SmallEntities 2023-05-01 2024-04-30 09556299 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09556299 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09556299 1 2023-05-01 2024-04-30 09556299 frs-bus:Director1 2023-05-01 2024-04-30 09556299 frs-bus:Director2 2023-05-01 2024-04-30 09556299 frs-countries:EnglandWales 2023-05-01 2024-04-30 09556299 2022-04-30 09556299 2023-04-30 09556299 2022-05-01 2023-04-30 09556299 frs-core:Non-currentFinancialInstruments 2023-04-30 09556299 frs-core:ShareCapital 2023-04-30 09556299 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 09556299
RK ASSOCIATES LTD
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 09556299
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 103,882 116,015
Debtors 86,505 7,500
Cash at bank and in hand 2,893 24,116
193,280 147,631
Creditors: Amounts Falling Due Within One Year (100,316 ) (50,894 )
NET CURRENT ASSETS (LIABILITIES) 92,964 96,737
TOTAL ASSETS LESS CURRENT LIABILITIES 92,964 96,737
Creditors: Amounts Falling Due After More Than One Year (39,464 ) (44,532 )
NET ASSETS 53,500 52,205
CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and Loss Account 53,498 52,203
SHAREHOLDERS' FUNDS 53,500 52,205
Page 1
Page 2
For the year ending 30 April 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
Mr Rimankumar Vekariya
Director
20th December 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RK ASSOCIATES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09556299 . The registered office is 17 Station Road, Harrow , Middlesex, HA1 2UF.
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.
2.3. 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.
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 5 5
6 6
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
5. Ultimate Controlling Party
The company is controlled by the directors, with no individual director having overall control.
Page 3