Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 SC398089 Mr John Mallon Mrs Elaine Mallon Mr Anthony Marsh Mr Claire Marsh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC398089 2023-04-30 SC398089 2024-04-30 SC398089 2023-05-01 2024-04-30 SC398089 frs-core:CurrentFinancialInstruments 2024-04-30 SC398089 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-30 SC398089 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 SC398089 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-30 SC398089 frs-core:FurnitureFittings 2024-04-30 SC398089 frs-core:FurnitureFittings 2023-05-01 2024-04-30 SC398089 frs-core:FurnitureFittings 2023-04-30 SC398089 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 SC398089 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 SC398089 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 SC398089 frs-core:MotorVehicles 2024-04-30 SC398089 frs-core:MotorVehicles 2023-05-01 2024-04-30 SC398089 frs-core:MotorVehicles 2023-04-30 SC398089 frs-core:PlantMachinery 2024-04-30 SC398089 frs-core:PlantMachinery 2023-05-01 2024-04-30 SC398089 frs-core:PlantMachinery 2023-04-30 SC398089 frs-core:ShareCapital 2024-04-30 SC398089 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC398089 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC398089 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC398089 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC398089 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC398089 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC398089 frs-bus:Director1 2023-05-01 2024-04-30 SC398089 frs-bus:Director2 2023-05-01 2024-04-30 SC398089 frs-bus:Director3 2023-05-01 2024-04-30 SC398089 frs-bus:Director4 2023-05-01 2024-04-30 SC398089 frs-core:CurrentFinancialInstruments 1 2024-04-30 SC398089 frs-countries:Scotland 2023-05-01 2024-04-30 SC398089 2022-04-30 SC398089 2023-04-30 SC398089 2022-05-01 2023-04-30 SC398089 frs-core:CurrentFinancialInstruments 2023-04-30 SC398089 frs-core:ShareCapital 2023-04-30 SC398089 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 SC398089 frs-core:CurrentFinancialInstruments 1 2023-04-30
Registered number: SC398089
RJ Facade Systems Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Newton and Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC398089
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 132,660 64,964
Tangible Assets 5 48,500 75,275
181,160 140,239
CURRENT ASSETS
Debtors 6 1,116,555 965,768
Cash at bank and in hand 512,670 599,828
1,629,225 1,565,596
Creditors: Amounts Falling Due Within One Year 7 (616,423 ) (566,715 )
NET CURRENT ASSETS (LIABILITIES) 1,012,802 998,881
TOTAL ASSETS LESS CURRENT LIABILITIES 1,193,962 1,139,120
NET ASSETS 1,193,962 1,139,120
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,193,862 1,139,020
SHAREHOLDERS' FUNDS 1,193,962 1,139,120
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 John Mallon
Director
20/01/2025
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
RJ Facade Systems Limited is a private company, limited by shares, incorporated in Scotland, registered number SC398089 . The registered office is Unit 36c Inchmuir Road, Whitehill Industrial Estate, Bathgate, EH48 2EP.
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. 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.
2.4. 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:
Leasehold 20% Straight Line
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
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 year 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.
...CONTINUED
Page 3
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2.5. Taxation - continued
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 asset reflects 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: 4 (2023: 4)
4 4
4. Intangible Assets
Development Costs
£
Cost
As at 1 May 2023 93,369
Additions 70,448
As at 30 April 2024 163,817
Amortisation
As at 1 May 2023 28,405
Provided during the period 2,752
As at 30 April 2024 31,157
Net Book Value
As at 30 April 2024 132,660
As at 1 May 2023 64,964
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 May 2023 81,291 19,075 16,958 127,077 244,401
Disposals - - (16,958 ) - (16,958 )
As at 30 April 2024 81,291 19,075 - 127,077 227,443
Depreciation
As at 1 May 2023 64,078 10,140 6,105 88,803 169,126
Provided during the period 6,480 1,787 - 7,655 15,922
Disposals - - (6,105 ) - (6,105 )
As at 30 April 2024 70,558 11,927 - 96,458 178,943
Net Book Value
As at 30 April 2024 10,733 7,148 - 30,619 48,500
As at 1 May 2023 17,213 8,935 10,853 38,274 75,275
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Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 464,115 865,768
Other debtors 462,440 -
Loan - RJ Facades Limited 190,000 100,000
1,116,555 965,768
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 498,986 409,394
Corporation tax 62,977 92,419
PAYE & Social Security (Current liabilities - creditors < 1 year) 11,791 9,556
VAT 41,329 54,056
Accruals and deferred income 1,340 1,290
616,423 566,715
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
RJ Facades LimitedSame Directors£100000.00 owed from RJ Facades Limited

RJ Facades Limited

Same Directors

£100000.00 owed from RJ Facades Limited

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