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 10917198 Mr C J Bax Mr P Davies Mr C J Bax iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10917198 2023-05-31 10917198 2024-05-31 10917198 2023-06-01 2024-05-31 10917198 frs-core:CurrentFinancialInstruments 2024-05-31 10917198 frs-core:Non-currentFinancialInstruments 2024-05-31 10917198 frs-core:BetweenOneFiveYears 2024-05-31 10917198 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-01 2024-05-31 10917198 frs-core:FurnitureFittings 2024-05-31 10917198 frs-core:FurnitureFittings 2023-06-01 2024-05-31 10917198 frs-core:FurnitureFittings 2023-05-31 10917198 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 10917198 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 10917198 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 10917198 frs-core:MoreThanFiveYears 2024-05-31 10917198 frs-core:OtherResidualIntangibleAssets 2024-05-31 10917198 frs-core:OtherResidualIntangibleAssets 2023-06-01 2024-05-31 10917198 frs-core:OtherResidualIntangibleAssets 2023-05-31 10917198 frs-core:PlantMachinery 2024-05-31 10917198 frs-core:PlantMachinery 2023-06-01 2024-05-31 10917198 frs-core:PlantMachinery 2023-05-31 10917198 frs-core:WithinOneYear 2024-05-31 10917198 frs-core:OtherReservesSubtotal 2024-05-31 10917198 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10917198 frs-bus:CompanyLimitedByGuarantee 2023-06-01 2024-05-31 10917198 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10917198 frs-bus:SmallEntities 2023-06-01 2024-05-31 10917198 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10917198 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10917198 frs-core:ListedExchangeTraded 2024-05-31 10917198 frs-core:ListedExchangeTraded 2023-05-31 10917198 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-05-31 10917198 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-05-31 10917198 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-05-31 10917198 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-05-31 10917198 frs-bus:Director1 2023-06-01 2024-05-31 10917198 frs-bus:Director2 2023-06-01 2024-05-31 10917198 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 10917198 frs-countries:EnglandWales 2023-06-01 2024-05-31 10917198 2022-05-31 10917198 2023-05-31 10917198 2022-06-01 2023-05-31 10917198 frs-core:CurrentFinancialInstruments 2023-05-31 10917198 frs-core:Non-currentFinancialInstruments 2023-05-31 10917198 frs-core:BetweenOneFiveYears 2023-05-31 10917198 frs-core:MoreThanFiveYears 2023-05-31 10917198 frs-core:WithinOneYear 2023-05-31 10917198 frs-core:OtherReservesSubtotal 2023-05-31 10917198 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10917198
Nelson Rfc Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10917198
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 51,000 54,000
Tangible Assets 5 225,793 240,419
Investments 6 4,250 4,250
281,043 298,669
CURRENT ASSETS
Stocks 7 7,643 7,167
Debtors 8 3,937 3,730
Cash at bank and in hand 79,252 73,763
90,832 84,660
Creditors: Amounts Falling Due Within One Year 9 (78,900 ) (65,897 )
NET CURRENT ASSETS (LIABILITIES) 11,932 18,763
TOTAL ASSETS LESS CURRENT LIABILITIES 292,975 317,432
Creditors: Amounts Falling Due After More Than One Year 10 (100,611 ) (114,516 )
NET ASSETS 192,364 202,916
RESERVES
Other reserves 149,637 149,637
Income and Expenditure Account 42,727 53,279
MEMBERS' FUNDS 192,364 202,916
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 Income and Expenditure Account.
On behalf of the board
Mr P Davies
Director
25/02/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Nelson Rfc Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 10917198 . The registered office is The Clubhouse Shingrig Road West Lane, Nelson, Treharris, CF46 6BQ.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets include the ground leasehold. It is amortised to income and expenditure account over its estimated economic life of 22 years.
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 22 years on a straight line basis
Plant & Machinery 10% on a reducing balance basis
Fixtures & Fittings 10% on a reducing balance basis
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income and expenditure account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income and expenditure account as incurred.
2.6. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

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3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 9)
9 9
4. Intangible Assets
Other
£
Cost
As at 1 June 2023 66,000
As at 31 May 2024 66,000
Amortisation
As at 1 June 2023 12,000
Provided during the period 3,000
As at 31 May 2024 15,000
Net Book Value
As at 31 May 2024 51,000
As at 1 June 2023 54,000
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 June 2023 242,903 16,494 46,161 305,558
Additions - - 1,297 1,297
As at 31 May 2024 242,903 16,494 47,458 306,855
Depreciation
As at 1 June 2023 44,164 5,557 15,418 65,139
Provided during the period 11,548 1,166 3,209 15,923
As at 31 May 2024 55,712 6,723 18,627 81,062
Net Book Value
As at 31 May 2024 187,191 9,771 28,831 225,793
As at 1 June 2023 198,739 10,937 30,743 240,419
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Page 5
6. Investments
Listed
£
Cost
As at 1 June 2023 4,250
As at 31 May 2024 4,250
Provision
As at 1 June 2023 -
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 4,250
As at 1 June 2023 4,250
7. Stocks
2024 2023
£ £
Stock 7,643 7,167
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,835 3,730
Other debtors 102 -
3,937 3,730
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,000 3,000
Trade creditors 3,799 6,140
Bank loans and overdrafts 11,109 10,563
Other creditors 56,674 39,911
Taxation and social security 4,318 6,283
78,900 65,897
10. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 49,250 51,500
Bank loans 51,361 63,016
100,611 114,516
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11. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,000 3,000
Later than one year and not later than five years 12,000 12,000
Later than five years 37,250 39,500
52,250 54,500
52,250 54,500
12. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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