Acorah Software Products - Accounts Production 16.1.300 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12091858 Francesca Gormley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12091858 2023-07-31 12091858 2024-07-31 12091858 2023-08-01 2024-07-31 12091858 frs-core:CurrentFinancialInstruments 2024-07-31 12091858 frs-core:PlantMachinery 2024-07-31 12091858 frs-core:PlantMachinery 2023-08-01 2024-07-31 12091858 frs-core:PlantMachinery 2023-07-31 12091858 frs-core:ShareCapital 2024-07-31 12091858 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12091858 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12091858 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12091858 frs-bus:SmallEntities 2023-08-01 2024-07-31 12091858 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12091858 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12091858 frs-bus:Director1 2023-08-01 2024-07-31 12091858 frs-bus:Director1 2023-07-31 12091858 frs-bus:Director1 2024-07-31 12091858 frs-countries:EnglandWales 2023-08-01 2024-07-31 12091858 2022-07-31 12091858 2023-07-31 12091858 2022-08-01 2023-07-31 12091858 frs-core:CurrentFinancialInstruments 2023-07-31 12091858 frs-core:ShareCapital 2023-07-31 12091858 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12091858
Reworked 348 Ltd
Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 12091858
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,070 2,044
2,070 2,044
CURRENT ASSETS
Stocks 5 11,577 5,666
Debtors 6 587 583
Cash at bank and in hand 5,730 9,689
17,894 15,938
Creditors: Amounts Falling Due Within One Year 7 (46,515 ) (43,914 )
NET CURRENT ASSETS (LIABILITIES) (28,621 ) (27,976 )
TOTAL ASSETS LESS CURRENT LIABILITIES (26,551 ) (25,932 )
NET LIABILITIES (26,551 ) (25,932 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement (26,651 ) (26,032 )
SHAREHOLDERS' FUNDS (26,551) (25,932)
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Francesca Gormley
Director
01/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Reworked 348 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12091858 . The registered office is 106-108 Ashbourne Road, Derby, DE22 3AG.
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 consider that the company will continue to operate based on the current financial information and continued support of the directors. On this basis the directors consider it appropriate to prepare the accounts on a going concern basis.
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.

2.4. 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 20% reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2023 3,088
Additions 450
As at 31 July 2024 3,538
Depreciation
As at 1 August 2023 1,044
Provided during the period 424
As at 31 July 2024 1,468
Net Book Value
As at 31 July 2024 2,070
As at 1 August 2023 2,044
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Page 4
5. Stocks
2024 2023
£ £
Stock 11,577 5,666
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 87 83
Other debtors 500 500
587 583
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,677 1,938
Bank loans and overdrafts 176 -
Other creditors 43,662 41,976
46,515 43,914
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from the directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Francesca Gormley 20,000 - 9,000 - 29,000
The above loan is unsecured, interest free and repayable on demand.
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