Acorah Software Products - Accounts Production 16.2.800 false true 30 September 2023 1 October 2022 false 16 January 2025 1 October 2023 30 September 2024 30 September 2024 10747025 J Brierley C Brierley C Howson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10747025 2023-09-30 10747025 2024-09-30 10747025 2023-10-01 2024-09-30 10747025 frs-core:Non-currentFinancialInstruments 2024-09-30 10747025 frs-core:BetweenOneFiveYears 2024-09-30 10747025 frs-core:ComputerEquipment 2023-10-01 2024-09-30 10747025 frs-core:FurnitureFittings 2023-10-01 2024-09-30 10747025 frs-core:MotorVehicles 2023-10-01 2024-09-30 10747025 frs-core:PlantMachinery 2023-10-01 2024-09-30 10747025 frs-core:WithinOneYear 2024-09-30 10747025 frs-core:ShareCapital 2024-09-30 10747025 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10747025 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10747025 frs-bus:AbridgedAccounts 2023-10-01 2024-09-30 10747025 frs-bus:SmallEntities 2023-10-01 2024-09-30 10747025 frs-bus:Audited 2023-10-01 2024-09-30 10747025 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10747025 frs-core:DeferredTaxation 2023-10-01 2024-09-30 10747025 frs-core:DeferredTaxation 2023-09-30 10747025 frs-core:DeferredTaxation 2024-09-30 10747025 frs-bus:Director1 2023-10-01 2024-09-30 10747025 frs-bus:Director2 2023-10-01 2024-09-30 10747025 frs-bus:Director3 2023-10-01 2024-09-30 10747025 frs-countries:EnglandWales 2023-10-01 2024-09-30 10747025 2022-09-30 10747025 2023-09-30 10747025 2022-10-01 2023-09-30 10747025 frs-core:Non-currentFinancialInstruments 2023-09-30 10747025 frs-core:BetweenOneFiveYears 2023-09-30 10747025 frs-core:WithinOneYear 2023-09-30 10747025 frs-core:ShareCapital 2023-09-30 10747025 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10747025
Rose System Scaffolding Limited
ABRIDGED Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 10747025
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,244,901 1,311,877
1,244,901 1,311,877
CURRENT ASSETS
Stocks 924,882 690,627
Debtors 498,602 587,733
Cash at bank and in hand 428,739 379,543
1,852,223 1,657,903
Creditors: Amounts Falling Due Within One Year (919,034 ) (890,281 )
NET CURRENT ASSETS (LIABILITIES) 933,189 767,622
TOTAL ASSETS LESS CURRENT LIABILITIES 2,178,090 2,079,499
Creditors: Amounts Falling Due After More Than One Year (323,469 ) (576,415 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 6 (263,926 ) (286,776 )
NET ASSETS 1,590,695 1,216,308
CAPITAL AND RESERVES
Called up share capital 8 751 751
Profit and Loss Account 1,589,944 1,215,557
SHAREHOLDERS' FUNDS 1,590,695 1,216,308
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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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 September 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
J Brierley
Director
16 January 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Rose System Scaffolding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10747025 . The registered office is Rose House Hunt Lane, Chadderton, Oldham, Greater Manchester, OL9 0LR.
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 at varying rates between 10% and 33% on cost
Motor Vehicles at varying rates between 10% and 25% on cost
Fixtures & Fittings straight line over 3 years
Computer Equipment at varying rates between 15% and 33% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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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2.6. 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: 70 (2023: 68)
70 68
4. Tangible Assets
Total
£
Cost
As at 1 October 2023 1,688,232
Additions 124,319
Disposals (10,983 )
As at 30 September 2024 1,801,568
Depreciation
As at 1 October 2023 376,355
Provided during the period 184,227
Disposals (3,915 )
As at 30 September 2024 556,667
Net Book Value
As at 30 September 2024 1,244,901
As at 1 October 2023 1,311,877
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5. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 142,479 129,515
Later than one year and not later than five years 286,075 359,729
428,554 489,244
428,554 489,244
6. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 263,926 286,776
7. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 October 2023 286,776 286,776
Utilised (22,850 ) (22,850)
Balance at 30 September 2024 263,926 263,926
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 751 751
9. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
10. Audit Information
The auditor's report on the accounts of Rose System Scaffolding Limited for the year ended 30 September 2024 was unqualified.
The auditor's report was signed by Brendan Fitzpatrick (Senior Statutory Auditor) for and on behalf of James Scott (Accounting) LLP , Statutory Auditor.
James Scott (Accounting) LLP
Balmoral House
Warwick Court, Park Road
Middleton
Manchester
M24 1AE
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