Acorah Software Products - Accounts Production 16.3.350 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 8404609 Mrs Jimi Parekh Mr Vimalkumar Parekh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 8404609 2024-02-29 8404609 2025-02-28 8404609 2024-03-01 2025-02-28 8404609 frs-core:CurrentFinancialInstruments 2025-02-28 8404609 frs-core:Non-currentFinancialInstruments 2025-02-28 8404609 frs-core:BetweenOneFiveYears 2025-02-28 8404609 frs-core:ComputerEquipment 2025-02-28 8404609 frs-core:ComputerEquipment 2024-03-01 2025-02-28 8404609 frs-core:ComputerEquipment 2024-02-29 8404609 frs-core:FurnitureFittings 2025-02-28 8404609 frs-core:FurnitureFittings 2024-03-01 2025-02-28 8404609 frs-core:FurnitureFittings 2024-02-29 8404609 frs-core:NetGoodwill 2025-02-28 8404609 frs-core:NetGoodwill 2024-03-01 2025-02-28 8404609 frs-core:NetGoodwill 2024-02-29 8404609 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 8404609 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 8404609 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 8404609 frs-core:MotorVehicles 2025-02-28 8404609 frs-core:MotorVehicles 2024-03-01 2025-02-28 8404609 frs-core:MotorVehicles 2024-02-29 8404609 frs-core:PlantMachinery 2025-02-28 8404609 frs-core:PlantMachinery 2024-03-01 2025-02-28 8404609 frs-core:PlantMachinery 2024-02-29 8404609 frs-core:WithinOneYear 2025-02-28 8404609 frs-core:ShareCapital 2025-02-28 8404609 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 8404609 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 8404609 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 8404609 frs-bus:SmallEntities 2024-03-01 2025-02-28 8404609 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 8404609 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 8404609 frs-bus:Director1 2024-03-01 2025-02-28 8404609 frs-bus:Director2 2024-03-01 2025-02-28 8404609 frs-core:CurrentFinancialInstruments 2 2025-02-28 8404609 frs-countries:EnglandWales 2024-03-01 2025-02-28 8404609 2023-02-28 8404609 2024-02-29 8404609 2023-03-01 2024-02-29 8404609 frs-core:CurrentFinancialInstruments 2024-02-29 8404609 frs-core:Non-currentFinancialInstruments 2024-02-29 8404609 frs-core:BetweenOneFiveYears 2024-02-29 8404609 frs-core:WithinOneYear 2024-02-29 8404609 frs-core:ShareCapital 2024-02-29 8404609 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 8404609 frs-core:CurrentFinancialInstruments 2 2024-02-29
Registered number: 8404609
Rushden Subway Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 8404609
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 400,822 422,905
400,822 422,905
CURRENT ASSETS
Stocks 6 5,000 5,300
Debtors 7 1,167 -
Cash at bank and in hand 43,250 9,845
49,417 15,145
Creditors: Amounts Falling Due Within One Year 8 (188,097 ) (176,881 )
NET CURRENT ASSETS (LIABILITIES) (138,680 ) (161,736 )
TOTAL ASSETS LESS CURRENT LIABILITIES 262,142 261,169
Creditors: Amounts Falling Due After More Than One Year 9 (199,556 ) (217,362 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (24,113 ) (22,352 )
NET ASSETS 38,473 21,455
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 38,373 21,355
SHAREHOLDERS' FUNDS 38,473 21,455
Page 1
Page 2
For the year ending 28 February 2025 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 Vimalkumar Parekh
Director
15/05/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rushden Subway Limited is a private company, limited by shares, incorporated in England & Wales, registered number 8404609 . The registered office is 172 Washbrook Road, Rushden, Northants, NN10 6AA.
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:
Freehold No depreciation
Plant & Machinery 20% RB
Motor Vehicles 25% RB
Fixtures & Fittings 15% RB
Computer Equipment 25% RB
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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.
Page 3
Page 4
2.7. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Debtors and creditors that fall due within one year are recorded in the financial statements at transaction price and do not carry interest and as such are stated at their nominal value, less any impairment on debtors.
2.8. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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:
2025 2024
Office and administration 2 2
Sales, marketing and distribution 8 7
10 9
4. Intangible Assets
Goodwill
£
Cost
As at 1 March 2024 15,000
As at 28 February 2025 15,000
Amortisation
As at 1 March 2024 15,000
As at 28 February 2025 15,000
Net Book Value
As at 28 February 2025 -
As at 1 March 2024 -
Page 4
Page 5
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 March 2024 305,266 11,096 54,990 162,379
As at 28 February 2025 305,266 11,096 54,990 162,379
Depreciation
As at 1 March 2024 - 4,563 18,903 89,348
Provided during the period - 1,307 9,022 11,257
As at 28 February 2025 - 5,870 27,925 100,605
Net Book Value
As at 28 February 2025 305,266 5,226 27,065 61,774
As at 1 March 2024 305,266 6,533 36,087 73,031
Computer Equipment Total
£ £
Cost
As at 1 March 2024 4,805 538,536
As at 28 February 2025 4,805 538,536
Depreciation
As at 1 March 2024 2,817 115,631
Provided during the period 497 22,083
As at 28 February 2025 3,314 137,714
Net Book Value
As at 28 February 2025 1,491 400,822
As at 1 March 2024 1,988 422,905
6. Stocks
2025 2024
£ £
Finished goods 5,000 5,300
7. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 1,167 -
Page 5
Page 6
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,668 6,721
Trade creditors 7,914 7,833
Bank loans and overdrafts 29,772 29,596
Other taxes and social security 5,222 2,396
VAT 4,906 3,931
Net wages 9,752 8,616
Pensions Payable 170 558
Directors' loan accounts 123,693 117,230
188,097 176,881
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 27,956 32,834
Bank loans 171,600 184,528
199,556 217,362
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,668 6,721
Later than one year and not later than five years 27,956 32,834
34,624 39,555
34,624 39,555
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 6