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 11358884 Mr Martin Ware Mrs Emily Ware Mr Martin Ware iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11358884 2023-05-31 11358884 2024-05-31 11358884 2023-06-01 2024-05-31 11358884 frs-core:CurrentFinancialInstruments 2024-05-31 11358884 frs-core:ComputerEquipment 2024-05-31 11358884 frs-core:ComputerEquipment 2023-06-01 2024-05-31 11358884 frs-core:ComputerEquipment 2023-05-31 11358884 frs-core:FurnitureFittings 2024-05-31 11358884 frs-core:FurnitureFittings 2023-06-01 2024-05-31 11358884 frs-core:FurnitureFittings 2023-05-31 11358884 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 11358884 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 11358884 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 11358884 frs-core:PlantMachinery 2024-05-31 11358884 frs-core:PlantMachinery 2023-06-01 2024-05-31 11358884 frs-core:PlantMachinery 2023-05-31 11358884 frs-core:ShareCapital 2024-05-31 11358884 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11358884 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11358884 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11358884 frs-bus:SmallEntities 2023-06-01 2024-05-31 11358884 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11358884 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11358884 frs-bus:Director1 2023-06-01 2024-05-31 11358884 frs-bus:Director1 2023-05-31 11358884 frs-bus:Director1 2024-05-31 11358884 frs-bus:Director2 2023-06-01 2024-05-31 11358884 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 11358884 frs-countries:EnglandWales 2023-06-01 2024-05-31 11358884 2022-05-31 11358884 2023-05-31 11358884 2022-06-01 2023-05-31 11358884 frs-core:CurrentFinancialInstruments 2023-05-31 11358884 frs-core:ShareCapital 2023-05-31 11358884 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11358884
Rural Homes Norfolk & Suffolk Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Blue Rocket Accounting
8 Twisleton Court Priory Hill
Dartford
Kent
DA1 2EN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11358884
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 830,063 824,559
830,063 824,559
CURRENT ASSETS
Debtors 5 14,250 28,495
Cash at bank and in hand 21,727 33,320
35,977 61,815
Creditors: Amounts Falling Due Within One Year 6 (2,615,473 ) (1,610,102 )
NET CURRENT ASSETS (LIABILITIES) (2,579,496 ) (1,548,287 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,749,433 ) (723,728 )
NET LIABILITIES (1,749,433 ) (723,728 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (1,749,533 ) (723,828 )
SHAREHOLDERS' FUNDS (1,749,433) (723,728)
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 Martin Ware
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
Rural Homes Norfolk & Suffolk Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11358884 . The registered office is Fir Grove Hethel Road, Wreningham, Norwich, NR16 1BE.
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:
Freehold 20% on Cost
Plant & Machinery 20% on Cost
Fixtures & Fittings 20% on Cost
Computer Equipment 20% on Cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2023 824,411 185 - - 824,596
Additions - 5,687 906 333 6,926
As at 31 May 2024 824,411 5,872 906 333 831,522
Depreciation
As at 1 June 2023 - 37 - - 37
Provided during the period - 1,174 181 67 1,422
As at 31 May 2024 - 1,211 181 67 1,459
Net Book Value
As at 31 May 2024 824,411 4,661 725 266 830,063
As at 1 June 2023 824,411 148 - - 824,559
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 14,250 28,495
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 26,578 46,568
Other loans 2,581,626 1,557,526
Taxation and social security 7,269 6,008
2,615,473 1,610,102
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2023 Amounts advanced Amounts repaid Amounts written off As at 31 May 2024
£ £ £ £ £
Mr Martin Ware - 11 - - 11
The above loan is unsecured, interest free and repayable on demand.
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