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 10676142 Mrs Emma Charlesworth Mrs Molly Francis Coleman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10676142 2024-02-29 10676142 2025-02-28 10676142 2024-03-01 2025-02-28 10676142 frs-core:CurrentFinancialInstruments 2025-02-28 10676142 frs-core:Non-currentFinancialInstruments 2025-02-28 10676142 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2025-02-28 10676142 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-02-29 10676142 frs-core:FurnitureFittings 2025-02-28 10676142 frs-core:FurnitureFittings 2024-03-01 2025-02-28 10676142 frs-core:FurnitureFittings 2024-02-29 10676142 frs-core:MotorVehicles 2025-02-28 10676142 frs-core:MotorVehicles 2024-03-01 2025-02-28 10676142 frs-core:MotorVehicles 2024-02-29 10676142 frs-core:ShareCapital 2025-02-28 10676142 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 10676142 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 10676142 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 10676142 frs-bus:SmallEntities 2024-03-01 2025-02-28 10676142 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 10676142 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 10676142 frs-bus:OrdinaryShareClass1 2024-03-01 2025-02-28 10676142 frs-bus:OrdinaryShareClass1 2025-02-28 10676142 frs-bus:OrdinaryShareClass2 2024-03-01 2025-02-28 10676142 frs-bus:OrdinaryShareClass2 2025-02-28 10676142 frs-bus:OrdinaryShareClass3 2024-03-01 2025-02-28 10676142 frs-bus:OrdinaryShareClass3 2025-02-28 10676142 frs-bus:Director1 2024-03-01 2025-02-28 10676142 frs-bus:Director2 2024-03-01 2025-02-28 10676142 frs-core:CurrentFinancialInstruments 1 2025-02-28 10676142 frs-core:CurrentFinancialInstruments 2 2025-02-28 10676142 frs-core:CurrentFinancialInstruments 3 2025-02-28 10676142 frs-countries:EnglandWales 2024-03-01 2025-02-28 10676142 2023-02-28 10676142 2024-02-29 10676142 2023-03-01 2024-02-29 10676142 frs-core:CurrentFinancialInstruments 2024-02-29 10676142 frs-core:Non-currentFinancialInstruments 2024-02-29 10676142 frs-core:ShareCapital 2024-02-29 10676142 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 10676142 frs-bus:OrdinaryShareClass1 2023-03-01 2024-02-29 10676142 frs-bus:OrdinaryShareClass2 2023-03-01 2024-02-29 10676142 frs-bus:OrdinaryShareClass3 2023-03-01 2024-02-29 10676142 frs-core:CurrentFinancialInstruments 1 2024-02-29 10676142 frs-core:CurrentFinancialInstruments 2 2024-02-29 10676142 frs-core:CurrentFinancialInstruments 3 2024-02-29
Registered number: 10676142
Roma Prams Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Advoco (SW) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10676142
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 47,461 47,461
Tangible Assets 5 68,096 14,940
115,557 62,401
CURRENT ASSETS
Stocks 6 585,557 422,525
Debtors 7 7,900 7,900
Cash at bank and in hand 181 77,168
593,638 507,593
Creditors: Amounts Falling Due Within One Year 8 (246,827 ) (177,654 )
NET CURRENT ASSETS (LIABILITIES) 346,811 329,939
TOTAL ASSETS LESS CURRENT LIABILITIES 462,368 392,340
Creditors: Amounts Falling Due After More Than One Year 9 (306,338 ) (277,115 )
NET ASSETS 156,030 115,225
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 155,930 115,125
SHAREHOLDERS' FUNDS 156,030 115,225
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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
Mrs Emma Charlesworth
Director
17 June 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Roma Prams Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10676142 . The registered office is 14a Albany Road, Weymouth, Dorset, DT4 9TH.
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:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
2.4. 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.
2.5. 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.
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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 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: 3 (2024: 3)
3 3
4. Intangible Assets
Patents and licences
£
Cost
As at 1 March 2024 47,461
As at 28 February 2025 47,461
Net Book Value
As at 28 February 2025 47,461
As at 1 March 2024 47,461
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 March 2024 - 29,485 29,485
Additions 39,050 22,469 61,519
As at 28 February 2025 39,050 51,954 91,004
Depreciation
As at 1 March 2024 - 14,545 14,545
Provided during the period 5,670 2,693 8,363
As at 28 February 2025 5,670 17,238 22,908
Net Book Value
As at 28 February 2025 33,380 34,716 68,096
As at 1 March 2024 - 14,940 14,940
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6. Stocks
2025 2024
£ £
Stock 585,557 422,525
7. Debtors
2025 2024
£ £
Due within one year
Other debtors 7,900 7,900
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,110 5,201
Trade creditors 3,673 49,871
Bank loans and overdrafts 22,567 10,000
Social security and other tax 1,495 3,500
VAT 8,705 22,619
Credit Cards 17,539 16,310
Loan 60,112 29,904
Other loan 80,259 35,000
Other creditor 40,412 2,589
Accruals 2,955 2,660
246,827 177,654
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 26,964 -
Bank Loan 2,492 12,496
Funding circle loan 119,615 149,518
Directors loan account 157,267 115,101
306,338 277,115
10. Share Capital
2025 2024
Allotted, called up but not fully paid £ £
80 Ordinary Shares of £ 1.00 each 80 80
10 Share capital 1 of £ 1.00 each 10 10
10 Share capital 2 of £ 1.00 each 10 10
100 100
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