Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 03494417 Mr Thomas Mawhood Mr Robert Jones Mr Simon Beatham Mr Alistair Bow Mrs Diane Orson Mr Matthew Denman Mr Christopher Simon Mr Andrew Jackaman Mr Roger Thomason iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03494417 2023-06-30 03494417 2024-06-30 03494417 2023-07-01 2024-06-30 03494417 frs-core:CurrentFinancialInstruments 2024-06-30 03494417 frs-core:Non-currentFinancialInstruments 2024-06-30 03494417 frs-core:ComputerEquipment 2023-07-01 2024-06-30 03494417 frs-core:FurnitureFittings 2024-06-30 03494417 frs-core:FurnitureFittings 2023-07-01 2024-06-30 03494417 frs-core:FurnitureFittings 2023-06-30 03494417 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 03494417 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 03494417 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 03494417 frs-core:PlantMachinery 2023-07-01 2024-06-30 03494417 frs-core:ShareCapital 2024-06-30 03494417 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 03494417 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03494417 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 03494417 frs-bus:SmallEntities 2023-07-01 2024-06-30 03494417 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 03494417 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 03494417 frs-bus:Director1 2023-07-01 2024-06-30 03494417 frs-bus:Director2 2023-07-01 2024-06-30 03494417 frs-bus:Director3 2023-07-01 2024-06-30 03494417 frs-bus:Director4 2023-07-01 2024-06-30 03494417 frs-bus:Director5 2023-07-01 2024-06-30 03494417 frs-bus:Director6 2023-07-01 2024-06-30 03494417 frs-bus:Director7 2023-07-01 2024-06-30 03494417 frs-bus:Director8 2023-07-01 2024-06-30 03494417 frs-bus:Director9 2023-07-01 2024-06-30 03494417 frs-core:CurrentFinancialInstruments 1 2024-06-30 03494417 frs-core:Non-currentFinancialInstruments 2 2024-06-30 03494417 frs-countries:EnglandWales 2023-07-01 2024-06-30 03494417 2022-06-30 03494417 2023-06-30 03494417 2022-07-01 2023-06-30 03494417 frs-core:CurrentFinancialInstruments 2023-06-30 03494417 frs-core:Non-currentFinancialInstruments 2023-06-30 03494417 frs-core:ShareCapital 2023-06-30 03494417 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 03494417 frs-core:CurrentFinancialInstruments 1 2023-06-30 03494417 frs-core:Non-currentFinancialInstruments 2 2023-06-30
Registered number: 03494417
Nottingham Rugby Football Club (Operations) Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03494417
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 8,844 10,332
Debtors 6 40,571 43,565
Cash at bank and in hand 21,170 2,567
70,585 56,464
Creditors: Amounts Falling Due Within One Year 7 (436,561 ) (475,398 )
NET CURRENT ASSETS (LIABILITIES) (365,976 ) (418,934 )
TOTAL ASSETS LESS CURRENT LIABILITIES (365,976 ) (418,934 )
Creditors: Amounts Falling Due After More Than One Year 8 (1,790,804 ) (1,605,304 )
NET LIABILITIES (2,156,780 ) (2,024,238 )
CAPITAL AND RESERVES
Called up share capital 9 2,199,000 2,199,000
Profit and Loss Account (4,355,780 ) (4,223,238 )
SHAREHOLDERS' FUNDS (2,156,780) (2,024,238)
Page 1
Page 2
For the year ending 30 June 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 Alistair Bow
Director
19 November 2024
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
Nottingham Rugby Football Club (Operations) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03494417 . The registered office is Pennine House, 8 Stanford Street, Nottingham, Nottinghamshire, NG1 7BQ.
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. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate as a result of a commitment on behalf of the Chairman Alistair Bow to ensure that there are sufficient funds to continue to trade.
2.3. 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.
2.4. 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 10 Years Straight Line
Plant & Machinery 5 Years Straight Line
Fixtures & Fittings 5 Years Straight Line
Computer Equipment 2 Years Straight Line
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. 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: 60 (2023: 60)
60 60
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4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 July 2023 173,131 8,344 181,475
As at 30 June 2024 173,131 8,344 181,475
Depreciation
As at 1 July 2023 173,131 8,344 181,475
As at 30 June 2024 173,131 8,344 181,475
Net Book Value
As at 30 June 2024 - - -
As at 1 July 2023 - - -
5. Stocks
2024 2023
£ £
Stock 8,844 10,332
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 37,807 24,449
Prepayments and accrued income 427 19,116
Other debtors 2,337 -
40,571 43,565
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 105,552 128,800
Bank loans and overdrafts 10,000 10,000
Other loans 10,000 50,000
Other taxes and social security 26,814 26,555
VAT 31,665 37,955
Net wages 425 -
Pension Contributions 17,063 10,079
Accruals and deferred income 235,042 212,009
436,561 475,398
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Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Trade creditors 205,874 205,874
Bank loans 9,167 19,167
Other loans - 90,000
Other creditors 788,306 502,806
Sport England - Winter Support Package Loan 787,457 787,457
1,790,804 1,605,304
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2,199,000 2,199,000
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