Acorah Software Products - Accounts Production 16.2.850 false true true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 09372307 Mrs Marie Richardson Mr Ashley Bailey Rhiannon Bailey Mr Simon Richardson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09372307 2024-01-31 09372307 2025-01-31 09372307 2024-02-01 2025-01-31 09372307 frs-core:CurrentFinancialInstruments 2025-01-31 09372307 frs-core:Non-currentFinancialInstruments 2025-01-31 09372307 frs-core:BetweenOneFiveYears 2025-01-31 09372307 frs-core:ComputerEquipment 2024-02-01 2025-01-31 09372307 frs-core:FurnitureFittings 2025-01-31 09372307 frs-core:FurnitureFittings 2024-02-01 2025-01-31 09372307 frs-core:FurnitureFittings 2024-01-31 09372307 frs-core:MotorVehicles 2025-01-31 09372307 frs-core:MotorVehicles 2024-02-01 2025-01-31 09372307 frs-core:MotorVehicles 2024-01-31 09372307 frs-core:PlantMachinery 2025-01-31 09372307 frs-core:PlantMachinery 2024-02-01 2025-01-31 09372307 frs-core:PlantMachinery 2024-01-31 09372307 frs-core:WithinOneYear 2025-01-31 09372307 frs-core:ShareCapital 2025-01-31 09372307 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 09372307 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09372307 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 09372307 frs-bus:SmallEntities 2024-02-01 2025-01-31 09372307 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 09372307 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 09372307 frs-bus:Director1 2024-02-01 2025-01-31 09372307 frs-bus:Director2 2024-02-01 2025-01-31 09372307 frs-bus:Director3 2024-02-01 2025-01-31 09372307 frs-bus:Director4 2024-02-01 2025-01-31 09372307 frs-countries:EnglandWales 2024-02-01 2025-01-31 09372307 2023-01-31 09372307 2024-01-31 09372307 2023-02-01 2024-01-31 09372307 frs-core:CurrentFinancialInstruments 2024-01-31 09372307 frs-core:Non-currentFinancialInstruments 2024-01-31 09372307 frs-core:BetweenOneFiveYears 2024-01-31 09372307 frs-core:WithinOneYear 2024-01-31 09372307 frs-core:ShareCapital 2024-01-31 09372307 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 09372307
R B Construction (South West) Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09372307
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 60,045 70,030
60,045 70,030
CURRENT ASSETS
Stocks 5 80,000 300,758
Debtors 6 6,601 169,712
Cash at bank and in hand 30,141 42,542
116,742 513,012
Creditors: Amounts Falling Due Within One Year 7 (79,750 ) (80,347 )
NET CURRENT ASSETS (LIABILITIES) 36,992 432,665
TOTAL ASSETS LESS CURRENT LIABILITIES 97,037 502,695
Creditors: Amounts Falling Due After More Than One Year 8 (25,126 ) (45,350 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,012 ) (17,508 )
NET ASSETS 56,899 439,837
CAPITAL AND RESERVES
Called up share capital 10 400 400
Profit and Loss Account 56,499 439,437
SHAREHOLDERS' FUNDS 56,899 439,837
Page 1
Page 2
For the year ending 31 January 2025 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 Simon Richardson
Director
14 April 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R B Construction (South West) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09372307 . The registered office is 6 Houndiscombe Road, Plymouth, Devon, PL4 6HH.
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 comprises the fair value of the consideration received or receivable for the sale of goods and provision
of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax,
returns, rebates and discounts.
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.
2.4. 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 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.5. 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.
2.6. Stocks and Work in Progress
Work in progress comprises the purchase of the land and property, the direct costs and, where applicable, those overheads that have been incurred in bringing the work in progress to their present state and condition. At each reporting date, work in progress is assessed for impairment. If work in progress is impaired, the carrying amount
is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in
profit or loss.
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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: 4 (2024: 4)
4 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2024 33,090 68,469 3,455 105,014
Additions 1,045 - - 1,045
As at 31 January 2025 34,135 68,469 3,455 106,059
Depreciation
As at 1 February 2024 15,183 18,707 1,094 34,984
Provided during the period 4,590 6,149 291 11,030
As at 31 January 2025 19,773 24,856 1,385 46,014
Net Book Value
As at 31 January 2025 14,362 43,613 2,070 60,045
As at 1 February 2024 17,907 49,762 2,361 70,030
5. Stocks
2025 2024
£ £
Work in progress 80,000 300,758
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 6,001 54,907
Other debtors 600 114,805
6,601 169,712
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,811 13,088
Trade creditors 2,795 14,343
Bank loans and overdrafts 10,000 10,000
Other creditors 50,559 32,723
Taxation and social security 6,585 10,193
79,750 80,347
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 21,792 32,016
Bank loans 3,334 13,334
25,126 45,350
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,811 13,088
Later than one year and not later than five years 21,792 32,016
31,603 45,104
31,603 45,104
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 400 400
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11. Related Party Transactions
During the year the company made advances totalling £55,154 (2024: £62,000) to the directors Mr and Mrs Richardson. Mr and Mrs Richardson repaid £128,562 (2023: £64,562) during the year. The balance outstanding as at 31 January 2025 was £nil (2024: £55,720). Interest is charged at HMRC official rates per annum and is calculated on a monthly basis. Interest of £512 (2024: £709) was charged on the outstanding balance during the
year.
The maximum overdrawn balance during the year was £45,812 (2024: £55,720).
During the year the company made advances totalling £35,674 (2024: £62,000) to the directors Mr and Mrs Bailey. Mr and Mrs Bailey repaid £91,299 (2024: £64,562) during the year. The balance outstanding as at 31 January 2025 was £nil (2024: £55,575). Interest is charged at HMRC official rates per annum and is calculated on a monthly basis. Interest of £479 (2024: £782) was charged on the outstanding balance during the year.
The maximum overdrawn balance during the year was £26,656 (2024: £55,575).
During the year the company made sub contractor payments of £18,150 (2024: £49,000) to S R Construction (South West) Limited. Mr and Mrs Richardson are the shareholders of this company, and Mr Richardson the sole director.
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