Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 SC476921 Ms Emma Ruxton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC476921 2023-05-31 SC476921 2024-05-31 SC476921 2023-06-01 2024-05-31 SC476921 frs-core:CurrentFinancialInstruments 2024-05-31 SC476921 frs-core:Non-currentFinancialInstruments 2024-05-31 SC476921 frs-core:ComputerEquipment 2024-05-31 SC476921 frs-core:ComputerEquipment 2023-06-01 2024-05-31 SC476921 frs-core:ComputerEquipment 2023-05-31 SC476921 frs-core:FurnitureFittings 2024-05-31 SC476921 frs-core:FurnitureFittings 2023-06-01 2024-05-31 SC476921 frs-core:FurnitureFittings 2023-05-31 SC476921 frs-core:MotorVehicles 2024-05-31 SC476921 frs-core:MotorVehicles 2023-06-01 2024-05-31 SC476921 frs-core:MotorVehicles 2023-05-31 SC476921 frs-core:ShareCapital 2024-05-31 SC476921 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 SC476921 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 SC476921 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 SC476921 frs-bus:SmallEntities 2023-06-01 2024-05-31 SC476921 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 SC476921 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 SC476921 frs-bus:Director1 2023-06-01 2024-05-31 SC476921 frs-countries:Scotland 2023-06-01 2024-05-31 SC476921 2022-05-31 SC476921 2023-05-31 SC476921 2022-06-01 2023-05-31 SC476921 frs-core:CurrentFinancialInstruments 2023-05-31 SC476921 frs-core:Non-currentFinancialInstruments 2023-05-31 SC476921 frs-core:ShareCapital 2023-05-31 SC476921 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: SC476921
E Ruxton Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
M Squared Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC476921
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,615 28,169
21,615 28,169
CURRENT ASSETS
Stocks 5 3,822 7,291
Debtors 6 9,116 1,227
Cash at bank and in hand 22,776 20,593
35,714 29,111
Creditors: Amounts Falling Due Within One Year 7 (199,696 ) (153,770 )
NET CURRENT ASSETS (LIABILITIES) (163,982 ) (124,659 )
TOTAL ASSETS LESS CURRENT LIABILITIES (142,367 ) (96,490 )
Creditors: Amounts Falling Due After More Than One Year 8 (10,330 ) (27,455 )
NET LIABILITIES (152,697 ) (123,945 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (152,698 ) (123,946 )
SHAREHOLDERS' FUNDS (152,697) (123,945)
Page 1
Page 2
For the year ending 31 May 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 her 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
Ms Emma Ruxton
Director
19/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
E Ruxton Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC476921 . The registered office is Findlay's Hotel, Smiddyhill Road, Fraserburgh, Aberdeenshire, AB43 9WL.
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:
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 33% Straight Line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 10)
7 10
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 19,650 77,739 3,099 100,488
Additions - 759 308 1,067
As at 31 May 2024 19,650 78,498 3,407 101,555
Depreciation
As at 1 June 2023 4,913 64,787 2,619 72,319
Provided during the period 3,684 3,317 620 7,621
As at 31 May 2024 8,597 68,104 3,239 79,940
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 May 2024 11,053 10,394 168 21,615
As at 1 June 2023 14,737 12,952 480 28,169
5. Stocks
2024 2023
£ £
Materials 3,822 7,291
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 9,116 1,227
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 17,604 4,251
Bank loans and overdrafts - 16,332
Other loans 39,949 -
Other taxes and social security 187 136
VAT 19,895 12,994
Net wages 1,140 -
Accruals and deferred income 1,574 1,574
Director's loan account 119,347 118,483
199,696 153,770
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,330 27,455
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4