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 08497765 Mr Robert Fletcher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08497765 2023-04-30 08497765 2024-04-30 08497765 2023-05-01 2024-04-30 08497765 frs-core:CurrentFinancialInstruments 2024-04-30 08497765 frs-core:Non-currentFinancialInstruments 2024-04-30 08497765 frs-core:ComputerEquipment 2024-04-30 08497765 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08497765 frs-core:ComputerEquipment 2023-04-30 08497765 frs-core:FurnitureFittings 2024-04-30 08497765 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08497765 frs-core:FurnitureFittings 2023-04-30 08497765 frs-core:NetGoodwill 2024-04-30 08497765 frs-core:NetGoodwill 2023-05-01 2024-04-30 08497765 frs-core:NetGoodwill 2023-04-30 08497765 frs-core:MotorVehicles 2024-04-30 08497765 frs-core:MotorVehicles 2023-05-01 2024-04-30 08497765 frs-core:MotorVehicles 2023-04-30 08497765 frs-core:PlantMachinery 2024-04-30 08497765 frs-core:PlantMachinery 2023-05-01 2024-04-30 08497765 frs-core:PlantMachinery 2023-04-30 08497765 frs-core:ShareCapital 2024-04-30 08497765 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08497765 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08497765 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08497765 frs-bus:SmallEntities 2023-05-01 2024-04-30 08497765 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08497765 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08497765 frs-bus:Director1 2023-05-01 2024-04-30 08497765 frs-countries:EnglandWales 2023-05-01 2024-04-30 08497765 2022-04-30 08497765 2023-04-30 08497765 2022-05-01 2023-04-30 08497765 frs-core:CurrentFinancialInstruments 2023-04-30 08497765 frs-core:Non-currentFinancialInstruments 2023-04-30 08497765 frs-core:ShareCapital 2023-04-30 08497765 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08497765
Rob Fletcher Land Based Training & Assessment Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Balance Sheet
Registered number: 08497765
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 105,409 84,285
105,409 84,285
CURRENT ASSETS
Debtors 6 12,433 (9,180 )
Cash at bank and in hand 67,492 70,990
79,925 61,810
Creditors: Amounts Falling Due Within One Year 7 (104,988 ) (76,429 )
NET CURRENT ASSETS (LIABILITIES) (25,063 ) (14,619 )
TOTAL ASSETS LESS CURRENT LIABILITIES 80,346 69,666
Creditors: Amounts Falling Due After More Than One Year 8 (9,604 ) (18,916 )
NET ASSETS 70,742 50,750
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 70,740 50,748
SHAREHOLDERS' FUNDS 70,742 50,750
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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 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 Robert Fletcher
Director
30/06/2024
The notes on pages 2 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Rob Fletcher Land Based Training & Assessment Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08497765 . The registered office is 5 Whitehall, Lidlington, Bedford, MK43 0RS.
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. 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 33% Straight Line
Motor Vehicles 20% Straight Line
Fixtures & Fittings 33% Straight Line
Computer Equipment 33% Straight Line
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.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: NIL)
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4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2023 10,900
As at 30 April 2024 10,900
Amortisation
As at 1 May 2023 10,900
As at 30 April 2024 10,900
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 84,453 167,769 3,568 45,804 301,594
Additions - 67,999 13,282 4,901 86,182
Disposals - (28,236 ) - - (28,236 )
As at 30 April 2024 84,453 207,532 16,850 50,705 359,540
Depreciation
As at 1 May 2023 78,324 100,585 2,601 35,799 217,309
Provided during the period 6,129 41,507 5,394 4,969 57,999
Disposals - (21,177 ) - - (21,177 )
As at 30 April 2024 84,453 120,915 7,995 40,768 254,131
Net Book Value
As at 30 April 2024 - 86,617 8,855 9,937 105,409
As at 1 May 2023 6,129 67,184 967 10,005 84,285
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,018 (9,817 )
Other taxes and social security 1,415 637
12,433 (9,180 )
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,944 21,080
Bank loans and overdrafts 9,584 9,584
Corporation tax 7,692 15,547
VAT 8,283 5,710
Director's loan account 71,485 24,508
104,988 76,429
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,604 18,916
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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