Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09397759 Mr R D Raffell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09397759 2023-07-31 09397759 2024-07-31 09397759 2023-08-01 2024-07-31 09397759 frs-core:CurrentFinancialInstruments 2024-07-31 09397759 frs-core:Non-currentFinancialInstruments 2024-07-31 09397759 frs-core:ComputerEquipment 2024-07-31 09397759 frs-core:ComputerEquipment 2023-08-01 2024-07-31 09397759 frs-core:ComputerEquipment 2023-07-31 09397759 frs-core:FurnitureFittings 2024-07-31 09397759 frs-core:FurnitureFittings 2023-08-01 2024-07-31 09397759 frs-core:FurnitureFittings 2023-07-31 09397759 frs-core:MotorVehicles 2024-07-31 09397759 frs-core:MotorVehicles 2023-08-01 2024-07-31 09397759 frs-core:MotorVehicles 2023-07-31 09397759 frs-core:SharePremium 2024-07-31 09397759 frs-core:ShareCapital 2024-07-31 09397759 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09397759 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09397759 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09397759 frs-bus:SmallEntities 2023-08-01 2024-07-31 09397759 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09397759 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09397759 frs-bus:Director1 2023-08-01 2024-07-31 09397759 frs-bus:Director1 2023-07-31 09397759 frs-bus:Director1 2024-07-31 09397759 frs-countries:EnglandWales 2023-08-01 2024-07-31 09397759 2022-07-31 09397759 2023-07-31 09397759 2022-08-01 2023-07-31 09397759 frs-core:CurrentFinancialInstruments 2023-07-31 09397759 frs-core:Non-currentFinancialInstruments 2023-07-31 09397759 frs-core:SharePremium 2023-07-31 09397759 frs-core:ShareCapital 2023-07-31 09397759 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 09397759
RDR Properties Limited
Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09397759
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,111 12,445
9,111 12,445
CURRENT ASSETS
Debtors 5 15,316 14,033
Cash at bank and in hand 1,312 17,792
16,628 31,825
Creditors: Amounts Falling Due Within One Year 6 (10,792 ) (11,000 )
NET CURRENT ASSETS (LIABILITIES) 5,836 20,825
TOTAL ASSETS LESS CURRENT LIABILITIES 14,947 33,270
Creditors: Amounts Falling Due After More Than One Year 7 (9,067 ) (19,100 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (2,365 )
NET ASSETS 5,880 11,805
CAPITAL AND RESERVES
Called up share capital 8 125 125
Share premium account 49,875 49,875
Profit and Loss Account (44,120 ) (38,195 )
SHAREHOLDERS' FUNDS 5,880 11,805
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 his 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 R D Raffell
Director
29 April 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
RDR Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09397759 . The registered office is 22 Eldon Business Park, Eldon Road, Attenborough Beeston, Nottingham , NG9 6DZ.
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:
Motor Vehicles 25% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 20% on cost
2.4. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
2.5. Restatement of comparatives
The comparatives have been restated on the basis of the fact that debit balances on 'Taxation and social security' at 31 July 2023 had been incorrectly offset against 'Creditors: amounts falling due within one year' in the balance sheet, rather than being shown as part of 'Debtors: amounts falling due within one year'.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 3
Page 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 12,400 317 1,032 13,749
As at 31 July 2024 12,400 317 1,032 13,749
Depreciation
As at 1 August 2023 258 239 807 1,304
Provided during the period 3,100 26 208 3,334
As at 31 July 2024 3,358 265 1,015 4,638
Net Book Value
As at 31 July 2024 9,042 52 17 9,111
As at 1 August 2023 12,142 78 225 12,445
5. Debtors
2024 2023
as restated
£ £
Due within one year
Other debtors 15,316 14,033
6. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Bank loans and overdrafts 10,000 10,000
Other creditors 792 1,000
10,792 11,000
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Bank loans 9,067 19,100
8. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 125 125
Page 4
Page 5
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Rodney Raffell 2,214 16,340 15,051 - 3,503
The above loan is unsecured, interest free and repayable on demand.
Page 5