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 08324853 Mr Paul Matthew Scott Mr Stephen Paul Roberts iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08324853 2023-05-31 08324853 2024-05-31 08324853 2023-06-01 2024-05-31 08324853 frs-core:CurrentFinancialInstruments 2024-05-31 08324853 frs-core:Non-currentFinancialInstruments 2024-05-31 08324853 frs-core:ComputerEquipment 2024-05-31 08324853 frs-core:ComputerEquipment 2023-06-01 2024-05-31 08324853 frs-core:ComputerEquipment 2023-05-31 08324853 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-01 2024-05-31 08324853 frs-core:FurnitureFittings 2024-05-31 08324853 frs-core:FurnitureFittings 2023-06-01 2024-05-31 08324853 frs-core:FurnitureFittings 2023-05-31 08324853 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 08324853 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 08324853 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 08324853 frs-core:OtherResidualIntangibleAssets 2024-05-31 08324853 frs-core:OtherResidualIntangibleAssets 2023-06-01 2024-05-31 08324853 frs-core:OtherResidualIntangibleAssets 2023-05-31 08324853 frs-core:ShareCapital 2024-05-31 08324853 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 08324853 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08324853 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 08324853 frs-bus:SmallEntities 2023-06-01 2024-05-31 08324853 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 08324853 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 08324853 frs-bus:Director1 2023-06-01 2024-05-31 08324853 frs-bus:Director2 2023-06-01 2024-05-31 08324853 frs-countries:EnglandWales 2023-06-01 2024-05-31 08324853 2022-05-31 08324853 2023-05-31 08324853 2022-06-01 2023-05-31 08324853 frs-core:CurrentFinancialInstruments 2023-05-31 08324853 frs-core:Non-currentFinancialInstruments 2023-05-31 08324853 frs-core:ShareCapital 2023-05-31 08324853 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 08324853
Robsco Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Focal Business Group Limited
Chartered Institue of Management Accountants
4A Church Street
Market Harborough
Leicestershire
LE16 7AA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08324853
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 12,832 14,829
Tangible Assets 5 20,600 27,483
33,432 42,312
CURRENT ASSETS
Stocks 6 255,970 233,811
Debtors 7 62,624 102,442
Cash at bank and in hand 11,613 3,763
330,207 340,016
Creditors: Amounts Falling Due Within One Year 8 (179,371 ) (167,616 )
NET CURRENT ASSETS (LIABILITIES) 150,836 172,400
TOTAL ASSETS LESS CURRENT LIABILITIES 184,268 214,712
Creditors: Amounts Falling Due After More Than One Year 9 - (76,812 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,932 ) (4,814 )
NET ASSETS 179,336 133,086
CAPITAL AND RESERVES
Called up share capital 1,004 1,004
Profit and Loss Account 178,332 132,082
SHAREHOLDERS' FUNDS 179,336 133,086
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 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 Paul Matthew Scott
Director
Mr Stephen Paul Roberts
Director
17 February 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
Robsco Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08324853 . The registered office is 4a Church Street, Market Harborough, Leicestershire, LE16 7AA.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are franchise licences. It is amortised to profit and loss account over its estimated economic life of ten years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 10% on cost
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on cost
2.5. 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.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
Sales, marketing and distribution 12 12
14 14
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 1 June 2023 69,995
As at 31 May 2024 69,995
Amortisation
As at 1 June 2023 55,166
Provided during the period 1,997
As at 31 May 2024 57,163
Net Book Value
As at 31 May 2024 12,832
As at 1 June 2023 14,829
5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 6,634 142,975 17,109 166,718
As at 31 May 2024 6,634 142,975 17,109 166,718
Depreciation
As at 1 June 2023 4,486 117,640 17,109 139,235
Provided during the period 328 6,555 - 6,883
As at 31 May 2024 4,814 124,195 17,109 146,118
Net Book Value
As at 31 May 2024 1,820 18,780 - 20,600
As at 1 June 2023 2,148 25,335 - 27,483
6. Stocks
2024 2023
£ £
Stock 255,970 233,811
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 62,624 102,442
62,624 102,442
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,647 6,610
Bank loans and overdrafts 56,310 46,444
Other loans 23,229 28,455
Other creditors 13,908 27,183
Taxation and social security 79,277 58,924
179,371 167,616
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 33,333
Other loans - 43,479
- 76,812
Page 5