Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09914303 Mr Richard Fisher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09914303 2023-12-31 09914303 2024-12-31 09914303 2024-01-01 2024-12-31 09914303 frs-core:CurrentFinancialInstruments 2024-12-31 09914303 frs-core:MotorVehicles 2024-12-31 09914303 frs-core:MotorVehicles 2024-01-01 2024-12-31 09914303 frs-core:MotorVehicles 2023-12-31 09914303 frs-core:ShareCapital 2024-12-31 09914303 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09914303 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09914303 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09914303 frs-bus:SmallEntities 2024-01-01 2024-12-31 09914303 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09914303 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09914303 frs-bus:Director1 2024-01-01 2024-12-31 09914303 frs-countries:EnglandWales 2024-01-01 2024-12-31 09914303 2022-12-31 09914303 2023-12-31 09914303 2023-01-01 2023-12-31 09914303 frs-core:CurrentFinancialInstruments 2023-12-31 09914303 frs-core:ShareCapital 2023-12-31 09914303 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09914303
Richard James Developments Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09914303
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,472 7,296
5,472 7,296
CURRENT ASSETS
Stocks 5 9,495 -
Debtors 6 590,298 593,584
Cash at bank and in hand 17,436 33,868
617,229 627,452
Creditors: Amounts Falling Due Within One Year 7 (322,446 ) (307,587 )
NET CURRENT ASSETS (LIABILITIES) 294,783 319,865
TOTAL ASSETS LESS CURRENT LIABILITIES 300,255 327,161
NET ASSETS 300,255 327,161
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 300,245 327,151
SHAREHOLDERS' FUNDS 300,255 327,161
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For the year ending 31 December 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 Richard Fisher
Director
9 February 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Richard James Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09914303 . The registered office is Little Mesmear, Treglines Lane, St Minver, Cornwall, PL27 6RA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared using the historic cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A- The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. 
The company recognises revenue when: 
The amount of revenue can be reliably measured; 
it is probable that future economic benefits will flow to the entity; 
and specific criteria have been met for each of the company's activities.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
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
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.
2.5. Taxation
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 January 2024 17,295
As at 31 December 2024 17,295
Depreciation
As at 1 January 2024 9,999
Provided during the period 1,824
As at 31 December 2024 11,823
Net Book Value
As at 31 December 2024 5,472
As at 1 January 2024 7,296
5. Stocks
2024 2023
£ £
Work in progress 9,495 -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 720 -
Other debtors 589,578 593,584
590,298 593,584
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 317,776 307,587
Taxation and social security 4,670 -
322,446 307,587
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
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