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 10121681 Mr R A Hogan true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10121681 2023-05-31 10121681 2024-05-31 10121681 2023-06-01 2024-05-31 10121681 frs-core:CurrentFinancialInstruments 2024-05-31 10121681 frs-core:RevaluationReserve 2023-06-01 2024-05-31 10121681 frs-core:RevaluationReserve 2023-05-31 10121681 frs-core:RevaluationReserve 2024-05-31 10121681 frs-core:ShareCapital 2024-05-31 10121681 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10121681 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10121681 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10121681 frs-bus:SmallEntities 2023-06-01 2024-05-31 10121681 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10121681 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10121681 1 2023-06-01 2024-05-31 10121681 frs-core:CostValuation 2023-05-31 10121681 frs-core:AdditionsToInvestments 2024-05-31 10121681 frs-core:DisposalsRepaymentsInvestments 2024-05-31 10121681 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-05-31 10121681 frs-core:CostValuation 2024-05-31 10121681 frs-core:ProvisionsForImpairmentInvestments 2023-05-31 10121681 frs-core:ProvisionsForImpairmentInvestments 2024-05-31 10121681 frs-bus:Director1 2023-06-01 2024-05-31 10121681 frs-countries:EnglandWales 2023-06-01 2024-05-31 10121681 2022-05-31 10121681 2023-05-31 10121681 2022-06-01 2023-05-31 10121681 frs-core:CurrentFinancialInstruments 2023-05-31 10121681 frs-core:RevaluationReserve 2023-05-31 10121681 frs-core:ShareCapital 2023-05-31 10121681 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10121681
RH Research Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 10121681
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 3 969,836 923,541
969,836 923,541
CURRENT ASSETS
Debtors 4 484,877 525,176
Investments 5 73,527 -
Cash at bank and in hand 191,138 122,217
749,542 647,393
Creditors: Amounts Falling Due Within One Year 6 (1,826 ) (44,922 )
NET CURRENT ASSETS (LIABILITIES) 747,716 602,471
TOTAL ASSETS LESS CURRENT LIABILITIES 1,717,552 1,526,012
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,526 ) (5,104 )
NET ASSETS 1,695,026 1,520,908
CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 7 67,576 21,761
Income Statement 1,627,449 1,499,146
SHAREHOLDERS' FUNDS 1,695,026 1,520,908
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 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 Income Statement.
On behalf of the board
Mr R A Hogan
Director
4th November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. 
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
1.3. Fixed Asset Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2023: 1)
1 1
3. Investments
Subsidiaries Other Total
£ £ £
Cost
As at 1 June 2023 444,500 479,041 923,541
Additions - 131,487 131,487
Disposals - (148,429 ) (148,429 )
Revaluations - 63,237 63,237
As at 31 May 2024 444,500 525,336 969,836
Provision
As at 1 June 2023 - - -
As at 31 May 2024 - - -
Net Book Value
As at 31 May 2024 444,500 525,336 969,836
As at 1 June 2023 444,500 479,041 923,541
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Page 4
4. Debtors
2024 2023
£ £
Due within one year
Amounts owed by participating interests 65,000 65,000
Other debtors 419,877 460,176
484,877 525,176
5. Current Asset Investments
2024 2023
£ £
Other investments, held for sale 73,527 -
73,527 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 800 800
Taxation and social security 1,026 44,122
1,826 44,922
7. Reserves
Revaluation Reserve
£
As at 1 June 2023 21,761
Surplus on revaluation 63,237
Tax on other comprehensive income (17,422 )
As at 31 May 2024 67,576
8. Related Party Transactions
The company received dividends of £211,250 from Researchers at Crown Limited, a company in which the director is also a director. The company is owed £65,000 by Researchers at Crown Limited at the year-end.
9. Ultimate Controlling Party
The company was controlled throughout the year by the director who owns 100% of the issued share capital.
10. General Information
RH Research Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10121681 . The registered office is Floor 2 1850 Mill, Shaw Lodge Mills, Halifax, HX3 9ET.
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