Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12653154 Mr Matthew Clayton Mr James Andrews Mrs Jane Ollis Mr Oliver Pendered Mr Leo Murray Mr Richard Furniss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12653154 2023-06-30 12653154 2024-06-30 12653154 2023-07-01 2024-06-30 12653154 frs-core:CurrentFinancialInstruments 2024-06-30 12653154 frs-core:Non-currentFinancialInstruments 2024-06-30 12653154 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-06-30 12653154 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-30 12653154 frs-core:SharePremium 2024-06-30 12653154 frs-core:ShareCapital 2024-06-30 12653154 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12653154 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12653154 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12653154 frs-bus:SmallEntities 2023-07-01 2024-06-30 12653154 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12653154 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12653154 frs-bus:Director1 2023-07-01 2024-06-30 12653154 frs-bus:Director2 2023-07-01 2024-06-30 12653154 frs-bus:Director3 2023-07-01 2024-06-30 12653154 frs-bus:Director4 2023-07-01 2024-06-30 12653154 frs-bus:Director5 2023-07-01 2024-06-30 12653154 frs-bus:Director6 2023-07-01 2024-06-30 12653154 frs-countries:EnglandWales 2023-07-01 2024-06-30 12653154 2022-06-30 12653154 2023-06-30 12653154 2022-07-01 2023-06-30 12653154 frs-core:CurrentFinancialInstruments 2023-06-30 12653154 frs-core:Non-currentFinancialInstruments 2023-06-30 12653154 frs-core:SharePremium 2023-06-30 12653154 frs-core:ShareCapital 2023-06-30 12653154 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12653154
Riding Sunbeams Apollo Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Hollands Accountancy Limited
11 & 13 St Thomas Square
Monmouth
NP25 5ES
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12653154
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 44,221 44,221
44,221 44,221
CURRENT ASSETS
Debtors 5 39,695 7,658
Cash at bank and in hand 13,632 43,669
53,327 51,327
Creditors: Amounts Falling Due Within One Year 6 (100,222 ) (71,054 )
NET CURRENT ASSETS (LIABILITIES) (46,895 ) (19,727 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,674 ) 24,494
Creditors: Amounts Falling Due After More Than One Year 7 (50,000 ) (55,000 )
NET LIABILITIES (52,674 ) (30,506 )
CAPITAL AND RESERVES
Called up share capital 8 1,863 1,863
Share premium account 1,030,055 1,030,055
Profit and Loss Account (1,084,592 ) (1,062,424 )
SHAREHOLDERS' FUNDS (52,674) (30,506)
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 Richard Furniss
Director
11/03/2025
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
Riding Sunbeams Apollo Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12653154 . The registered office is C/O Thrive Renewables Plc, Deanery Road, Bristol, BS1 5AS.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Intangible Assets
Development Costs
£
Cost
As at 1 July 2023 44,221
As at 30 June 2024 44,221
Net Book Value
As at 30 June 2024 44,221
As at 1 July 2023 44,221
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 39,528 -
Prepayments and accrued income 167 -
Other debtors - 7,000
VAT - 658
39,695 7,658
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 36,751 45,635
VAT 6,242 -
Other creditors 3,071 3,071
Accruals and deferred income 54,158 22,348
100,222 71,054
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 50,000 55,000
50,000 55,000
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,863 1,863
Page 5