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Registered number: 15276874
Rubber Tree Ltd
Unaudited Financial Statements
For the Period 11 November 2023 to 30 November 2024
Ecommerce Accountants LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15276874
30 November 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,169
1,169
CURRENT ASSETS
Debtors 5 617
Cash at bank and in hand 12,586
13,203
Creditors: Amounts Falling Due Within One Year 6 (16,318 )
NET CURRENT ASSETS (LIABILITIES) (3,115 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,946 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (222 )
NET LIABILITIES (2,168 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (2,169 )
SHAREHOLDERS' FUNDS (2,168)
Page 1
Page 2
For the period ending 30 November 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 Thomas Brawley
Director
06/02/2025
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
Rubber Tree Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15276874 . The registered office is Flat 301 Textile House 1 Killick Way, London, E1 3FD.
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:
Computer Equipment Over three year's on a straight line basis.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.5. Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
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4. Tangible Assets
Computer Equipment
£
Cost
As at 11 November 2023 -
Additions 1,753
As at 30 November 2024 1,753
Depreciation
As at 11 November 2023 -
Provided during the period 584
As at 30 November 2024 584
Net Book Value
As at 30 November 2024 1,169
As at 11 November 2023 -
5. Debtors
30 November 2024
£
Due within one year
Other debtors 617
6. Creditors: Amounts Falling Due Within One Year
30 November 2024
£
Trade creditors (1 )
Other creditors 16,258
Taxation and social security 61
16,318
7. Share Capital
30 November 2024
£
Allotted, Called up and fully paid 1
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