Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 00391953 Mr H D Carr Smith Mrs C L Laurens Mrs J Carr-Smith Mr R Carr-Smith Mrs J Carr Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00391953 2023-07-31 00391953 2024-07-31 00391953 2023-08-01 2024-07-31 00391953 frs-core:CurrentFinancialInstruments 2024-07-31 00391953 frs-core:ComputerEquipment 2024-07-31 00391953 frs-core:ComputerEquipment 2023-08-01 2024-07-31 00391953 frs-core:ComputerEquipment 2023-07-31 00391953 frs-core:FurnitureFittings 2024-07-31 00391953 frs-core:FurnitureFittings 2023-08-01 2024-07-31 00391953 frs-core:FurnitureFittings 2023-07-31 00391953 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 00391953 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 00391953 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 00391953 frs-core:ShareCapital 2024-07-31 00391953 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 00391953 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 00391953 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 00391953 frs-bus:SmallEntities 2023-08-01 2024-07-31 00391953 frs-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 00391953 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 00391953 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 00391953 frs-bus:OrdinaryShareClass1 2024-07-31 00391953 frs-core:DeferredTaxation 2023-08-01 2024-07-31 00391953 frs-core:DeferredTaxation 2023-07-31 00391953 frs-core:DeferredTaxation 2024-07-31 00391953 frs-core:UnlistedNon-exchangeTraded 2024-07-31 00391953 frs-core:UnlistedNon-exchangeTraded 2023-07-31 00391953 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-07-31 00391953 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 00391953 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-07-31 00391953 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 00391953 frs-bus:Director1 2023-08-01 2024-07-31 00391953 frs-bus:Director2 2023-08-01 2024-07-31 00391953 frs-bus:Director3 2023-08-01 2024-07-31 00391953 frs-bus:Director4 2023-08-01 2024-07-31 00391953 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 00391953 frs-countries:EnglandWales 2023-08-01 2024-07-31 00391953 2022-07-31 00391953 2023-07-31 00391953 2022-08-01 2023-07-31 00391953 frs-core:CurrentFinancialInstruments 2023-07-31 00391953 frs-core:ShareCapital 2023-07-31 00391953 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 00391953 frs-bus:OrdinaryShareClass1 2022-08-01 2023-07-31
Registered number: 00391953
Ruckleigh Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Ruckleigh Holdings Limited for the year ended 31 July 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ruckleigh Holdings Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Ruckleigh Holdings Limited , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Ruckleigh Holdings Limited and state those matters that we have agreed to state to the directors of Ruckleigh Holdings Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ruckleigh Holdings Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Ruckleigh Holdings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Ruckleigh Holdings Limited . You consider that Ruckleigh Holdings Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ruckleigh Holdings Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
15 March 2025
Raven Accounting (West Midlands) Limited
Chartered Certified Accountants
9-11 Stratford Road
Shirley
Solihull
B90 3LU
Page 1
Page 2
Balance Sheet
Registered number: 00391953
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 886,381 898,352
Investments 5 102 102
886,483 898,454
CURRENT ASSETS
Debtors 6 39,900 39,900
Cash at bank and in hand 27,343 25,741
67,243 65,641
Creditors: Amounts Falling Due Within One Year 7 (638,267 ) (496,062 )
NET CURRENT ASSETS (LIABILITIES) (571,024 ) (430,421 )
TOTAL ASSETS LESS CURRENT LIABILITIES 315,459 468,033
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,224 ) (1,360 )
NET ASSETS 314,235 466,673
CAPITAL AND RESERVES
Called up share capital 9 3,000 3,000
Profit and Loss Account 311,235 463,673
SHAREHOLDERS' FUNDS 314,235 466,673
Page 2
Page 3
For the year ending 31 July 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.
The financial statements were approved by the board of directors on 15 March 2025 and were signed on its behalf by:
Mrs C L Laurens
Director
15 March 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Ruckleigh Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00391953 . The registered office is 17 Lode Lane, Solihull, B91 2AB.
The presentation currency of the financial statements is the Pound Sterling (£).
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 1% on cost
Fixtures & Fittings 10% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
Page 4
Page 5
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 1,142,640 194,802 20,331 1,357,773
As at 31 July 2024 1,142,640 194,802 20,331 1,357,773
Depreciation
As at 1 August 2023 249,730 189,360 20,331 459,421
Provided during the period 11,427 544 - 11,971
As at 31 July 2024 261,157 189,904 20,331 471,392
Net Book Value
As at 31 July 2024 881,483 4,898 - 886,381
As at 1 August 2023 892,910 5,442 - 898,352
5. Investments
Unlisted
£
Cost
As at 1 August 2023 102
As at 31 July 2024 102
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 102
As at 1 August 2023 102
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 39,900 39,900
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,201 1
Other creditors 633,837 493,181
Taxation and social security 3,229 2,880
638,267 496,062
Page 5
Page 6
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 August 2023 1,360 1,360
Utilised (2,275 ) (2,275)
Balance at 31 July 2024 (915 ) (915)
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
3,000 Ordinary Shares of £ 1 each 3,000 3,000
10. Related Party Transactions
One of the directors of the company has loaned the company money which is interest free and repayable on demand. At the end of the year the outstanding amounts totalled £2,609 (2023 - £2,609).
Monies owed to Ruckleigh Schools Limited, a subsidiary of the company, totalled £629,980 at the year end (2023 - £488,772). The loan is unsecured, interest free and repayable on demand.
Page 6