Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 9 June 2022 false 1 July 2023 30 June 2024 30 June 2024 14162291 Mr Peter Barratt Mrs Clare Barratt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14162291 2023-06-30 14162291 2024-06-30 14162291 2023-07-01 2024-06-30 14162291 frs-core:CurrentFinancialInstruments 2024-06-30 14162291 frs-core:Non-currentFinancialInstruments 2024-06-30 14162291 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 14162291 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 14162291 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 14162291 frs-core:MotorVehicles 2024-06-30 14162291 frs-core:MotorVehicles 2023-07-01 2024-06-30 14162291 frs-core:MotorVehicles 2023-06-30 14162291 frs-core:RevaluationReserve 2023-07-01 2024-06-30 14162291 frs-core:RevaluationReserve 2024-06-30 14162291 frs-core:ShareCapital 2024-06-30 14162291 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14162291 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14162291 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 14162291 frs-bus:SmallEntities 2023-07-01 2024-06-30 14162291 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14162291 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14162291 frs-core:UnlistedNon-exchangeTraded 2024-06-30 14162291 frs-core:UnlistedNon-exchangeTraded 2023-06-30 14162291 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-06-30 14162291 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-06-30 14162291 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-06-30 14162291 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-06-30 14162291 frs-bus:Director1 2023-07-01 2024-06-30 14162291 frs-bus:Director2 2023-07-01 2024-06-30 14162291 frs-core:Non-currentFinancialInstruments 1 2024-06-30 14162291 frs-core:Non-currentFinancialInstruments 2 2024-06-30 14162291 frs-core:Non-currentFinancialInstruments 3 2024-06-30 14162291 frs-core:Non-currentFinancialInstruments 4 2024-06-30 14162291 frs-countries:EnglandWales 2023-07-01 2024-06-30 14162291 2022-06-08 14162291 2023-06-30 14162291 2022-06-09 2023-06-30 14162291 frs-core:CurrentFinancialInstruments 2023-06-30 14162291 frs-core:Non-currentFinancialInstruments 2023-06-30 14162291 frs-core:RevaluationReserve 2023-06-30 14162291 frs-core:ShareCapital 2023-06-30 14162291 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 14162291 frs-core:Non-currentFinancialInstruments 1 2023-06-30 14162291 frs-core:Non-currentFinancialInstruments 2 2023-06-30 14162291 frs-core:Non-currentFinancialInstruments 3 2023-06-30 14162291 frs-core:Non-currentFinancialInstruments 4 2023-06-30
Registered number: 14162291
SPR Redfire Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
The Entrepreneurs Accountant (Ripple) Limited
ACCA
Kimberley Northwick
Mark
Highbridge
TA9 4PQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14162291
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,678,942 718,302
Investments 5 40,000 40,000
3,718,942 758,302
CURRENT ASSETS
Debtors 6 1,200 -
Cash at bank and in hand 25,309 10,387
26,509 10,387
Creditors: Amounts Falling Due Within One Year 7 (159,885 ) (130,300 )
NET CURRENT ASSETS (LIABILITIES) (133,376 ) (119,913 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,585,566 638,389
Creditors: Amounts Falling Due After More Than One Year 8 (2,236,562 ) (725,241 )
NET ASSETS/(LIABILITIES) 1,349,004 (86,852 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 1,418,000 -
Profit and Loss Account (69,096 ) (86,952 )
SHAREHOLDERS' FUNDS 1,349,004 (86,852)
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 Peter Barratt
Director
20 March 2025
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
SPR Redfire Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14162291 . The registered office is 12 Irving Road Keinton Mandeville, Somerton, Somerset, TA11 6ET.
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 Not Depreciated
Motor Vehicles 15% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Total
£ £ £
Cost or Valuation
As at 1 July 2023 701,553 19,705 721,258
Additions 1,393,815 84,384 1,478,199
Revaluation 1,498,000 - 1,498,000
As at 30 June 2024 3,593,368 104,089 3,697,457
Depreciation
As at 1 July 2023 - 2,956 2,956
Provided during the period - 15,559 15,559
As at 30 June 2024 - 18,515 18,515
Net Book Value
As at 30 June 2024 3,593,368 85,574 3,678,942
As at 1 July 2023 701,553 16,749 718,302
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 July 2023 40,000
As at 30 June 2024 40,000
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 40,000
As at 1 July 2023 40,000
6. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
Other debtors 1,200 -
7. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Bank loans and overdrafts 7,263 4,838
Other loans 17,953 3,410
Other taxes and social security 223 -
Other creditors 893 -
Accruals and deferred income 1,500 1,500
Directors' loan accounts 132,053 120,552
159,885 130,300
8. Creditors: Amounts Falling Due After More Than One Year
30 June 2024 30 June 2023
£ £
Other loans 75,850 18,666
Investor Funds 849,900 265,000
Deposits held 6,636 1,700
Mortgages 837,675 439,875
Bridging finance 466,501 -
2,236,562 725,241
9. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
10. Reserves
Revaluation Reserve
£
Net investment property revaluation reserve 1,418,000
As at 30 June 2024 1,418,000
Page 5