Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 09746971 Dr N F Nwankwo Mr L Rossiter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09746971 2023-08-31 09746971 2024-08-31 09746971 2023-09-01 2024-08-31 09746971 frs-core:CurrentFinancialInstruments 2024-08-31 09746971 frs-core:Non-currentFinancialInstruments 2024-08-31 09746971 frs-core:ComputerEquipment 2024-08-31 09746971 frs-core:ComputerEquipment 2023-09-01 2024-08-31 09746971 frs-core:ComputerEquipment 2023-08-31 09746971 frs-core:ShareCapital 2024-08-31 09746971 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09746971 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09746971 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 09746971 frs-bus:SmallEntities 2023-09-01 2024-08-31 09746971 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09746971 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09746971 frs-bus:Director1 2023-09-01 2024-08-31 09746971 frs-bus:Director2 2023-09-01 2024-08-31 09746971 frs-countries:EnglandWales 2023-09-01 2024-08-31 09746971 2022-08-31 09746971 2023-08-31 09746971 2022-09-01 2023-08-31 09746971 frs-core:CurrentFinancialInstruments 2023-08-31 09746971 frs-core:Non-currentFinancialInstruments 2023-08-31 09746971 frs-core:ShareCapital 2023-08-31 09746971 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 09746971
Rencel Procurements Limited
Financial Statements
For The Year Ended 31 August 2024
Oakensen (Bristol) Limited
Chartered Accountants
Westbury Court Church Road
Westbury-on-Trym
Bristol
BS9 3EF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09746971
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1
- 1
CURRENT ASSETS
Debtors 5 2,200 10,882
Cash at bank and in hand 826 710
3,026 11,592
Creditors: Amounts Falling Due Within One Year 6 (6,839 ) (6,875 )
NET CURRENT ASSETS (LIABILITIES) (3,813 ) 4,717
TOTAL ASSETS LESS CURRENT LIABILITIES (3,813 ) 4,718
Creditors: Amounts Falling Due After More Than One Year 7 (30,181 ) (29,237 )
NET LIABILITIES (33,994 ) (24,519 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (33,996 ) (24,521 )
SHAREHOLDERS' FUNDS (33,994) (24,519)
Page 1
Page 2
For the year ending 31 August 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 Profit and Loss Account.
On behalf of the board
Dr N F Nwankwo
Director
1 May 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
Rencel Procurements Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09746971 . The registered office is 162 High Street, Portishead, BS20 6PY.
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

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:
Computer Equipment 25% straight line.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: NIL)
1 -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 1,782
As at 31 August 2024 1,782
Depreciation
As at 1 September 2023 1,781
Provided during the period 1
As at 31 August 2024 1,782
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 1
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,200 4,800
Other debtors - 6,082
2,200 10,882
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 5,789 6,000
Accruals and deferred income 1,050 875
6,839 6,875
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 21,998 26,101
Other creditors 8,183 3,136
30,181 29,237
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4