Acorah Software Products - Accounts Production 16.1.200 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 07279200 Mr Martin Lewis Mrs Georgina Russell Mr Robert Russell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07279200 2023-06-30 07279200 2024-06-30 07279200 2023-07-01 2024-06-30 07279200 frs-core:CurrentFinancialInstruments 2024-06-30 07279200 frs-core:Non-currentFinancialInstruments 2024-06-30 07279200 frs-core:ComputerEquipment 2024-06-30 07279200 frs-core:ComputerEquipment 2023-07-01 2024-06-30 07279200 frs-core:ComputerEquipment 2023-06-30 07279200 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-06-30 07279200 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 07279200 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-30 07279200 frs-core:FurnitureFittings 2024-06-30 07279200 frs-core:FurnitureFittings 2023-07-01 2024-06-30 07279200 frs-core:FurnitureFittings 2023-06-30 07279200 frs-core:NetGoodwill 2024-06-30 07279200 frs-core:NetGoodwill 2023-07-01 2024-06-30 07279200 frs-core:NetGoodwill 2023-06-30 07279200 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 07279200 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 07279200 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 07279200 frs-core:MotorVehicles 2024-06-30 07279200 frs-core:MotorVehicles 2023-07-01 2024-06-30 07279200 frs-core:MotorVehicles 2023-06-30 07279200 frs-core:OtherResidualIntangibleAssets 2024-06-30 07279200 frs-core:OtherResidualIntangibleAssets 2023-07-01 2024-06-30 07279200 frs-core:OtherResidualIntangibleAssets 2023-06-30 07279200 frs-core:PlantMachinery 2024-06-30 07279200 frs-core:PlantMachinery 2023-07-01 2024-06-30 07279200 frs-core:PlantMachinery 2023-06-30 07279200 frs-core:ShareCapital 2024-06-30 07279200 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 07279200 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07279200 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 07279200 frs-bus:SmallEntities 2023-07-01 2024-06-30 07279200 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07279200 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07279200 frs-bus:Director1 2023-07-01 2024-06-30 07279200 frs-bus:Director2 2023-07-01 2024-06-30 07279200 frs-bus:Director3 2023-07-01 2024-06-30 07279200 frs-countries:EnglandWales 2023-07-01 2024-06-30 07279200 2022-06-30 07279200 2023-06-30 07279200 2022-07-01 2023-06-30 07279200 frs-core:CurrentFinancialInstruments 2023-06-30 07279200 frs-core:Non-currentFinancialInstruments 2023-06-30 07279200 frs-core:ShareCapital 2023-06-30 07279200 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 07279200
Rodtech Uk Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
NSBA Ltd
ACMA
17d Back Lane Wymondham
Norwich
NR18 0QB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07279200
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 690 1,380
Tangible Assets 5 64,884 67,925
65,574 69,305
CURRENT ASSETS
Stocks 6 72,006 79,221
Debtors 7 47,703 17,847
Cash at bank and in hand 3,851 1,800
123,560 98,868
Creditors: Amounts Falling Due Within One Year 8 (133,945 ) (108,926 )
NET CURRENT ASSETS (LIABILITIES) (10,385 ) (10,058 )
TOTAL ASSETS LESS CURRENT LIABILITIES 55,189 59,247
Creditors: Amounts Falling Due After More Than One Year 9 - (22,222 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,354 ) (4,354 )
NET ASSETS 50,835 32,671
CAPITAL AND RESERVES
Called up share capital 10 804 804
Profit and Loss Account 50,031 31,867
SHAREHOLDERS' FUNDS 50,835 32,671
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 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 Robert Russell
Director
30/11/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rodtech Uk Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07279200 . The registered office is Unit 11 Ironside Way, Hingham, Norwich, Norfolk, NR9 4LF.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.5. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.6. 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:
Leasehold SL 10%
Plant & Machinery RB 20%
Motor Vehicles RB 25%
Fixtures & Fittings RB 20%
Computer Equipment RB 25%
2.7. 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.
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2.8. 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: )
7 -
4. Intangible Assets
Goodwill Other Development Costs Total
£ £ £ £
Cost
As at 1 July 2023 100,000 6,901 25,328 132,229
As at 30 June 2024 100,000 6,901 25,328 132,229
Amortisation
As at 1 July 2023 100,000 5,521 25,328 130,849
Provided during the period - 690 - 690
As at 30 June 2024 100,000 6,211 25,328 131,539
Net Book Value
As at 30 June 2024 - 690 - 690
As at 1 July 2023 - 1,380 - 1,380
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 July 2023 4,366 33,503 102,633 7,107
Additions - 9,722 - 1,129
As at 30 June 2024 4,366 43,225 102,633 8,236
Depreciation
As at 1 July 2023 4,366 30,001 46,705 6,137
Provided during the period - 2,645 12,164 420
As at 30 June 2024 4,366 32,646 58,869 6,557
Net Book Value
As at 30 June 2024 - 10,579 43,764 1,679
As at 1 July 2023 - 3,502 55,928 970
Computer Equipment Total
£ £
Cost
As at 1 July 2023 31,745 179,354
Additions 4,292 15,143
As at 30 June 2024 36,037 194,497
Depreciation
As at 1 July 2023 24,220 111,429
Provided during the period 2,955 18,184
As at 30 June 2024 27,175 129,613
Net Book Value
As at 30 June 2024 8,862 64,884
As at 1 July 2023 7,525 67,925
6. Stocks
2024 2023
£ £
Stock 72,006 79,221
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 23,730 4,253
Other debtors 23,973 13,594
47,703 17,847
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 11,278 9,603
Bank loans and overdrafts 45,153 18,271
Other creditors 60,886 70,998
Taxation and social security 16,628 10,054
133,945 108,926
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 22,222
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 804 804
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