Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 03565484 Mr Jeremy Thres Ms Emma Trayfoot iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03565484 2023-08-31 03565484 2024-08-31 03565484 2023-09-01 2024-08-31 03565484 frs-core:Non-currentFinancialInstruments 2024-08-31 03565484 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03565484 frs-core:PlantMachinery 2023-09-01 2024-08-31 03565484 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 03565484 frs-bus:CompanyLimitedByGuarantee 2023-09-01 2024-08-31 03565484 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 03565484 frs-bus:SmallEntities 2023-09-01 2024-08-31 03565484 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 03565484 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 03565484 frs-bus:Director1 2023-09-01 2024-08-31 03565484 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 03565484 frs-countries:EnglandWales 2023-09-01 2024-08-31 03565484 2022-08-31 03565484 2023-08-31 03565484 2022-09-01 2023-08-31 03565484 frs-core:Non-currentFinancialInstruments 2023-08-31 03565484 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 03565484
Regenco
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2024
Squires Accountants Limited
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 03565484
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 54,874 54,874
54,874 54,874
CURRENT ASSETS
Stocks 100 100
Debtors 4,635 106
Cash at bank and in hand 1,302 530
6,037 736
Creditors: Amounts Falling Due Within One Year (8,036 ) (7,770 )
NET CURRENT ASSETS (LIABILITIES) (1,999 ) (7,034 )
TOTAL ASSETS LESS CURRENT LIABILITIES 52,875 47,840
Creditors: Amounts Falling Due After More Than One Year (35,685 ) (29,185 )
NET ASSETS 17,190 18,655
Income and Expenditure Account 17,190 18,655
MEMBERS' FUNDS 17,190 18,655
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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 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 Income and Expenditure Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Jeremy Thres
Director
16/04/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Regenco is a private company, limited by guarantee, incorporated in England & Wales, registered number 03565484 . The registered office is 6 Nattadon Road, Chagford, Newton Abbot, England, TQ13 8BE.
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:
Freehold 0%
Plant & Machinery 15%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Total
£
Cost
As at 1 September 2023 56,271
As at 31 August 2024 56,271
Depreciation
As at 1 September 2023 1,397
As at 31 August 2024 1,397
Net Book Value
As at 31 August 2024 54,874
As at 1 September 2023 54,874
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5. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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