Acorah Software Products - Accounts Production 14.6.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 09017988 Mr AIVARAS RAKAUSKAS iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09017988 2023-05-31 09017988 2024-05-31 09017988 2023-06-01 2024-05-31 09017988 frs-core:CurrentFinancialInstruments 2024-05-31 09017988 frs-core:Non-currentFinancialInstruments 2024-05-31 09017988 frs-core:ComputerEquipment 2024-05-31 09017988 frs-core:ComputerEquipment 2023-06-01 2024-05-31 09017988 frs-core:ComputerEquipment 2023-05-31 09017988 frs-core:PlantMachinery 2024-05-31 09017988 frs-core:PlantMachinery 2023-06-01 2024-05-31 09017988 frs-core:PlantMachinery 2023-05-31 09017988 frs-core:ShareCapital 2024-05-31 09017988 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09017988 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09017988 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09017988 frs-bus:SmallEntities 2023-06-01 2024-05-31 09017988 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09017988 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09017988 frs-bus:Director1 2023-06-01 2024-05-31 09017988 frs-countries:EnglandWales 2023-06-01 2024-05-31 09017988 2022-05-31 09017988 2023-05-31 09017988 2022-06-01 2023-05-31 09017988 frs-core:CurrentFinancialInstruments 2023-05-31 09017988 frs-core:Non-currentFinancialInstruments 2023-05-31 09017988 frs-core:ShareCapital 2023-05-31 09017988 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 09017988
AR2D LIMITED
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09017988
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,003 1,274
1,003 1,274
CURRENT ASSETS
Debtors 5 2,643 13,381
Cash at bank and in hand 11,045 28,511
13,688 41,892
Creditors: Amounts Falling Due Within One Year 6 (5,186 ) (32,499 )
NET CURRENT ASSETS (LIABILITIES) 8,502 9,393
TOTAL ASSETS LESS CURRENT LIABILITIES 9,505 10,667
Creditors: Amounts Falling Due After More Than One Year 7 (3,082 ) (5,846 )
NET ASSETS 6,423 4,821
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 6,413 4,811
SHAREHOLDERS' FUNDS 6,423 4,821
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 Profit and Loss Account.
On behalf of the board
Mr AIVARAS RAKAUSKAS
Director
27/02/2025
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
AR2D LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09017988 . The registered office is 26 DRONFIELD GARDENS, DAGENHAM, ESSEX, RM8 2YD.
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:
Plant & Machinery 20% REDUCED BALANCE
Computer Equipment 25% REDUCED BALANCE
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 June 2023 3,818 571 4,389
As at 31 May 2024 3,818 571 4,389
Depreciation
As at 1 June 2023 2,865 250 3,115
Provided during the period 191 80 271
As at 31 May 2024 3,056 330 3,386
Net Book Value
As at 31 May 2024 762 241 1,003
As at 1 June 2023 953 321 1,274
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,198
Amounts recoverable on contracts 2,643 12,183
2,643 13,381
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 2,769 2,704
Other creditors 2,417 21,608
Taxation and social security - 8,187
5,186 32,499
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,082 5,846
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 4