Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2022 1 September 2021 false 22 May 2025 1 September 2022 31 August 2023 31 August 2023 06993877 Miss T L Weston Mrs J B Burke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06993877 2022-08-31 06993877 2023-08-31 06993877 2022-09-01 2023-08-31 06993877 frs-core:CurrentFinancialInstruments 2023-08-31 06993877 frs-core:PlantMachinery 2023-08-31 06993877 frs-core:PlantMachinery 2022-09-01 2023-08-31 06993877 frs-core:PlantMachinery 2022-08-31 06993877 frs-core:ShareCapital 2023-08-31 06993877 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 06993877 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 06993877 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 06993877 frs-bus:SmallEntities 2022-09-01 2023-08-31 06993877 frs-bus:Audited 2022-09-01 2023-08-31 06993877 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 06993877 frs-bus:Director1 2022-09-01 2023-08-31 06993877 frs-bus:CompanySecretary1 2022-09-01 2023-08-31 06993877 frs-countries:EnglandWales 2022-09-01 2023-08-31 06993877 2021-08-31 06993877 2022-08-31 06993877 2021-09-01 2022-08-31 06993877 frs-core:CurrentFinancialInstruments 2022-08-31 06993877 frs-core:ShareCapital 2022-08-31 06993877 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31
Registered number: 06993877
Recycled In Ardleigh Limited
Financial Statements
For The Year Ended 31 August 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 06993877
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 902,012 906,424
Cash at bank and in hand 814 60
902,826 906,484
Creditors: Amounts Falling Due Within One Year 6 (706,204 ) (1,025,661 )
NET CURRENT ASSETS (LIABILITIES) 196,622 (119,177 )
TOTAL ASSETS LESS CURRENT LIABILITIES 196,622 (119,177 )
NET ASSETS/(LIABILITIES) 196,622 (119,177 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 196,620 (119,179 )
SHAREHOLDERS' FUNDS 196,622 (119,177)
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
Miss T L Weston
Director
22 May 2025
The notes on pages 2 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Recycled In Ardleigh Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06993877 . The registered office is 5 Mitchell Court, Castle Mound way, Rugby , Warwickshire, CV23 0UY.
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:
Plant & Machinery 5 years straight line
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. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: NIL (2022: 3)
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 September 2022 334,750
As at 31 August 2023 334,750
Depreciation
As at 1 September 2022 334,750
As at 31 August 2023 334,750
Net Book Value
As at 31 August 2023 -
As at 1 September 2022 -
5. Debtors
2023 2022
£ £
Due within one year
Amounts owed by group undertakings 884,770 884,770
Other debtors 17,242 21,654
902,012 906,424
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 16,545 119,385
Amounts owed to group undertakings 236,659 -
Amounts owed to participating interests - 413,048
Other creditors 453,000 493,228
706,204 1,025,661
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
8. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
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9. Audit Information
The auditor's report on the accounts of Recycled In Ardleigh Limited for the year ended 31 August 2023 gave a disclaimer of opinion
The basis of qualification in the auditor's report was as follows:
The basis of  disclaimer of opinion
The company was purchased by the Group mid-way through the year ended 31 August 2023. The Group was not given access to the financial records of the previous owners. The handover information from the previous accountants was also limited. We therefore were unable to satisfy ourselves as to the accuracy of the opening balances or the financial transactions for the first seven months of the year. As a result of these matters, we were unable to determine whether any adjustments might have been found. 
The matters required to report by exception are stated below:
The auditor's report was signed by Mr K R Witchell (Senior Statutory Auditor) for and on behalf of KRW Accountants Limited , Statutory Auditor.
KRW Accountants Limited
Henge Barn
Pury Hill Business Park
Alderton Road
Towcester
NN12 7LS
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