Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 11589544 Mr Keiren Freemantle Mr Richard Freeland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11589544 2023-09-30 11589544 2024-09-30 11589544 2023-10-01 2024-09-30 11589544 frs-core:CurrentFinancialInstruments 2024-09-30 11589544 frs-core:Non-currentFinancialInstruments 2024-09-30 11589544 frs-core:ComputerEquipment 2024-09-30 11589544 frs-core:ComputerEquipment 2023-10-01 2024-09-30 11589544 frs-core:ComputerEquipment 2023-09-30 11589544 frs-core:NetGoodwill 2024-09-30 11589544 frs-core:NetGoodwill 2023-10-01 2024-09-30 11589544 frs-core:NetGoodwill 2023-09-30 11589544 frs-core:MotorVehicles 2024-09-30 11589544 frs-core:MotorVehicles 2023-10-01 2024-09-30 11589544 frs-core:MotorVehicles 2023-09-30 11589544 frs-core:PlantMachinery 2024-09-30 11589544 frs-core:PlantMachinery 2023-10-01 2024-09-30 11589544 frs-core:PlantMachinery 2023-09-30 11589544 frs-core:ShareCapital 2024-09-30 11589544 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11589544 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11589544 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11589544 frs-bus:SmallEntities 2023-10-01 2024-09-30 11589544 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11589544 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11589544 frs-bus:Director1 2023-10-01 2024-09-30 11589544 frs-bus:Director2 2023-10-01 2024-09-30 11589544 frs-countries:EnglandWales 2023-10-01 2024-09-30 11589544 2022-09-30 11589544 2023-09-30 11589544 2022-10-01 2023-09-30 11589544 frs-core:CurrentFinancialInstruments 2023-09-30 11589544 frs-core:Non-currentFinancialInstruments 2023-09-30 11589544 frs-core:ShareCapital 2023-09-30 11589544 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 11589544
Rohan Electrical Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Berrywood Accountants
The New Studio
Wintershill Farm
Wintershill, Durley
Hampshire
SO32 2AH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11589544
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 20,000 20,000
Tangible Assets 5 37,204 44,535
57,204 64,535
CURRENT ASSETS
Stocks 6 1,500 1,500
Debtors 7 6,537 26,721
Cash at bank and in hand 656 829
8,693 29,050
Creditors: Amounts Falling Due Within One Year 8 (10,992 ) (10,265 )
NET CURRENT ASSETS (LIABILITIES) (2,299 ) 18,785
TOTAL ASSETS LESS CURRENT LIABILITIES 54,905 83,320
Creditors: Amounts Falling Due After More Than One Year 9 (54,899 ) (81,303 )
NET ASSETS 6 2,017
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (94 ) 1,917
SHAREHOLDERS' FUNDS 6 2,017
Page 1
Page 2
For the year ending 30 September 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
Mr Keiren Freemantle
Director
03/12/2024
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
Rohan Electrical Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11589544 . The registered office is Oakridge Barn, Alma Lane, Lower Upham, Hampshire, SO32 1HE.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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 10% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 3 year straight
2.5. 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.
2.6. 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 year 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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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 asset reflects 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: 4 (2023: 5)
4 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2023 20,000
As at 30 September 2024 20,000
Net Book Value
As at 30 September 2024 20,000
As at 1 October 2023 20,000
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 23,990 51,694 1,004 76,688
Disposals - - 1,749 1,749
As at 30 September 2024 23,990 51,694 2,753 78,437
Depreciation
As at 1 October 2023 7,055 24,093 1,005 32,153
Provided during the period 1,694 6,900 486 9,080
As at 30 September 2024 8,749 30,993 1,491 41,233
Net Book Value
As at 30 September 2024 15,241 20,701 1,262 37,204
As at 1 October 2023 16,935 27,601 (1 ) 44,535
6. Stocks
2024 2023
£ £
Materials 1,500 1,500
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,364 22,671
Other debtors 173 4,050
6,537 26,721
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Corporation tax 4,691 1,514
VAT 4,593 7,404
Net wages 1,707 650
Accruals and deferred income - 697
10,992 10,265
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 19,268 35,111
Directors loan account 35,631 46,192
54,899 81,303
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 14,680 37,000
Page 5