Acorah Software Products - Accounts Production 16.1.200 false true 31 July 2023 16 June 2022 false 1 August 2023 31 July 2024 31 July 2024 14176754 Mr Hari Khurmi Professor Rachel Thomson Professor Christopher Bussell Dr Sally Wilson Mr Christopher Cockerton Professor Keith McLay Mr Keith Cox Mr Martin Rigley OBE Miss Joanne Clifford Mr Brian Malyan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14176754 2023-07-31 14176754 2024-07-31 14176754 2023-08-01 2024-07-31 14176754 frs-core:CurrentFinancialInstruments 2024-07-31 14176754 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 14176754 frs-bus:CompanyLimitedByGuarantee 2023-08-01 2024-07-31 14176754 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 14176754 frs-bus:SmallEntities 2023-08-01 2024-07-31 14176754 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 14176754 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 14176754 frs-bus:Director1 2023-08-01 2024-07-31 14176754 frs-bus:Director2 2023-08-01 2024-07-31 14176754 frs-bus:Director3 2023-08-01 2024-07-31 14176754 frs-bus:Director4 2023-08-01 2024-07-31 14176754 frs-bus:Director5 2023-08-01 2024-07-31 14176754 frs-bus:Director6 2023-08-01 2024-07-31 14176754 frs-bus:Director7 2023-08-01 2024-07-31 14176754 frs-bus:Director8 2023-08-01 2024-07-31 14176754 frs-bus:Director9 2023-08-01 2024-07-31 14176754 frs-bus:Director10 2023-08-01 2024-07-31 14176754 frs-countries:EnglandWales 2023-08-01 2024-07-31 14176754 2022-06-15 14176754 2023-07-31 14176754 2022-06-16 2023-07-31 14176754 frs-core:CurrentFinancialInstruments 2023-07-31 14176754 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 14176754
East Midlands Institute Of Technology
Unaudited Financial Statements
For The Year Ended 31 July 2024
RWB CA Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14176754
31 July 2024 31 July 2023
as restated
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 5,690 15,000
Cash at bank and in hand 90,281 19,799
95,971 34,799
Creditors: Amounts Falling Due Within One Year 5 (6,249 ) (12,092 )
NET CURRENT ASSETS (LIABILITIES) 89,722 22,707
TOTAL ASSETS LESS CURRENT LIABILITIES 89,722 22,707
NET ASSETS 89,722 22,707
Income and Expenditure Account 89,722 22,707
MEMBERS' FUNDS 89,722 22,707
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 Income and Expenditure Account.
On behalf of the board
Mr Martin Rigley OBE
Director
25/02/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
East Midlands Institute Of Technology is a private company, limited by guarantee, incorporated in England & Wales, registered number 14176754 . The registered office is University Of Derby, Kedleston Road, Derby, DE22 1GB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
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 income received from the four members.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
2.3. Taxation
The company has adopted a Non-trading Status on the basis that its activities do not constitute a trade. This status means that the company should not be liable to tax on any surplus arising or be able to relieve any losses arising for tax purposes.
2.4. Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and all deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Debtors
31 July 2024 31 July 2023
as restated
£ £
Due within one year
Prepayments and accrued income 1,023 15,000
VAT 4,667 -
5,690 15,000
5. Creditors: Amounts Falling Due Within One Year
31 July 2024 31 July 2023
as restated
£ £
VAT - 593
Accruals and deferred income 6,249 11,499
6,249 12,092
Page 2
Page 3
6. Related Party Transactions
University of Derby 
During the year University of Derby contributed £41,667 to the running costs of East Midlands Institute of Technology. It also received Grant distributions from East Midlands Institute of Technology of £1,330,924.

Derby College Group
During the year Derby College Group contributed £41,667 to the running costs of East Midlands Institute of Technology. It also received Grant distributions from East Midlands Institute of Technology of £3,519,597.

Loughborough College

During the year Loughborough College contributed £41,667 to the running costs of East Midlands Institute of Technology. It also received Grant distributions from East Midlands Institute of Technology of £2,515,897.

Loughborough University

During the year Loughborough University contributed £41,667 to the running costs of East Midlands Institute of Technology.
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3