Acorah Software Products - Accounts Production 16.1.300 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 11007890 Mrs E Pole Mr W Pole Mr K Street iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11007890 2023-10-31 11007890 2024-10-31 11007890 2023-11-01 2024-10-31 11007890 frs-core:CurrentFinancialInstruments 2024-10-31 11007890 frs-core:Non-currentFinancialInstruments 2024-10-31 11007890 frs-core:ComputerEquipment 2024-10-31 11007890 frs-core:ComputerEquipment 2023-11-01 2024-10-31 11007890 frs-core:ComputerEquipment 2023-10-31 11007890 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-10-31 11007890 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-11-01 2024-10-31 11007890 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-10-31 11007890 frs-core:FurnitureFittings 2024-10-31 11007890 frs-core:FurnitureFittings 2023-11-01 2024-10-31 11007890 frs-core:FurnitureFittings 2023-10-31 11007890 frs-core:PlantMachinery 2024-10-31 11007890 frs-core:PlantMachinery 2023-11-01 2024-10-31 11007890 frs-core:PlantMachinery 2023-10-31 11007890 frs-core:SharePremium 2024-10-31 11007890 frs-core:ShareCapital 2024-10-31 11007890 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 11007890 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11007890 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 11007890 frs-bus:SmallEntities 2023-11-01 2024-10-31 11007890 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11007890 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 11007890 frs-bus:Director1 2023-11-01 2024-10-31 11007890 frs-bus:Director2 2023-11-01 2024-10-31 11007890 frs-bus:Director3 2023-11-01 2024-10-31 11007890 frs-countries:EnglandWales 2023-11-01 2024-10-31 11007890 2022-10-31 11007890 2023-10-31 11007890 2022-11-01 2023-10-31 11007890 frs-core:CurrentFinancialInstruments 2023-10-31 11007890 frs-core:Non-currentFinancialInstruments 2023-10-31 11007890 frs-core:SharePremium 2023-10-31 11007890 frs-core:ShareCapital 2023-10-31 11007890 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 11007890
Route 33 Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 11007890
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 3,317 107
3,317 107
CURRENT ASSETS
Stocks 6 10,136 7,001
Debtors 7 149,216 115,687
Cash at bank and in hand 193,360 117,044
352,712 239,732
Creditors: Amounts Falling Due Within One Year 8 (135,250 ) (60,338 )
NET CURRENT ASSETS (LIABILITIES) 217,462 179,394
TOTAL ASSETS LESS CURRENT LIABILITIES 220,779 179,501
Creditors: Amounts Falling Due After More Than One Year 9 (3,226 ) (7,096 )
NET ASSETS 217,553 172,405
CAPITAL AND RESERVES
Called up share capital 10 121 121
Share premium account 575,206 575,206
Income Statement (357,774 ) (402,922 )
SHAREHOLDERS' FUNDS 217,553 172,405
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For the year ending 31 October 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 Statement.
On behalf of the board
Mr W Pole
Director
20/03/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Route 33 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11007890 . The registered office is 1 North Parade Passage, Bath, Somerset, BA1 1NX.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are trademarks. It is amortised to the income statement over its estimated economic life of five years.
2.5. 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 5 year straight line
Fixtures & Fittings 3 year straight line
Computer Equipment 2 year straight line
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.7. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 5 (2023: 2)
5 2
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 November 2023 7,941
As at 31 October 2024 7,941
Amortisation
As at 1 November 2023 7,941
As at 31 October 2024 7,941
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 -
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 1,138 201 696 2,035
Additions - - 4,148 4,148
As at 31 October 2024 1,138 201 4,844 6,183
...CONTINUED
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Depreciation
As at 1 November 2023 1,032 200 696 1,928
Provided during the period 98 1 839 938
As at 31 October 2024 1,130 201 1,535 2,866
Net Book Value
As at 31 October 2024 8 - 3,309 3,317
As at 1 November 2023 106 1 - 107
6. Stocks
2024 2023
£ £
Finished goods 10,136 7,001
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 30,155 36,943
Other debtors 119,061 78,744
149,216 115,687
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 26,495 39,652
Bank loans and overdrafts 3,871 3,871
Other creditors 90,009 1,688
Taxation and social security 14,875 15,127
135,250 60,338
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,226 7,096
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 121 121
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