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 06308763 Mr R Wareham Mrs A Wareham Mrs A Wareham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06308763 2023-09-30 06308763 2024-09-30 06308763 2023-10-01 2024-09-30 06308763 frs-core:CurrentFinancialInstruments 2024-09-30 06308763 frs-core:Non-currentFinancialInstruments 2024-09-30 06308763 frs-core:MotorVehicles 2024-09-30 06308763 frs-core:MotorVehicles 2023-10-01 2024-09-30 06308763 frs-core:MotorVehicles 2023-09-30 06308763 frs-core:PlantMachinery 2024-09-30 06308763 frs-core:PlantMachinery 2023-10-01 2024-09-30 06308763 frs-core:PlantMachinery 2023-09-30 06308763 frs-core:ShareCapital 2024-09-30 06308763 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 06308763 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06308763 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 06308763 frs-bus:SmallEntities 2023-10-01 2024-09-30 06308763 frs-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 06308763 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 06308763 frs-bus:Director1 2023-10-01 2024-09-30 06308763 frs-bus:Director2 2023-10-01 2024-09-30 06308763 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 06308763 frs-countries:EnglandWales 2023-10-01 2024-09-30 06308763 2022-09-30 06308763 2023-09-30 06308763 2022-10-01 2023-09-30 06308763 frs-core:CurrentFinancialInstruments 2023-09-30 06308763 frs-core:Non-currentFinancialInstruments 2023-09-30 06308763 frs-core:ShareCapital 2023-09-30 06308763 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 06308763
RoadArt Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Steve Pye & Co.
Chartered Certified Accountants
3 North Lynn Bus. Village
Bergen Way, North Lynn Industrial Estate
King's Lynn
Norfolk
PE30 2JG
RoadArt Ltd
Contents
Contents

| Page
--- | ---
Accountant's Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—6

Page 1
RoadArt Ltd
Accountant's Report
For The Year Ended 30 September 2024
Accountant's Report
In accordance with the terms of engagement , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 30 September 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Signed
Steve Pye & Co
19 June 2025

Steve Pye & Co.
Chartered Certified Accountants
3 North Lynn Bus. Village
Bergen Way, North Lynn Industrial Estate
King's Lynn
Norfolk
PE30 2JG
Page 1
Page 2
RoadArt Ltd
Balance Sheet
As At 30 September 2024
Balance Sheet
Registered number: 06308763

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 26,615 |  | 17,610
|  |  | 26,615 |  | 17,610
CURRENT ASSETS
Stocks |  | 1,882 |  | 1,814 |
Debtors | 5 | 29,641 |  | 90,279 |
Cash at bank and in hand |  | 44,659 |  | 26,797 |
|  | 76,182 |  | 118,890 |
Creditors: Amounts Falling Due Within One Year | 6 | (39,074 ) |  | (36,712 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 37,108 |  | 82,178
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 63,723 |  | 99,788
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (9,583 ) |  | (842 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (5,802 ) |  | (3,645 )
NET ASSETS |  |  | 48,338 |  | 95,301
CAPITAL AND RESERVES
Called up share capital | 8 |  | 20 |  | 1,020
Profit and Loss Account |  |  | 48,318 |  | 94,281
SHAREHOLDERS' FUNDS |  |  | 48,338 |  | 95,301

Page 2
Page 3
RoadArt Ltd
Balance Sheet (continued)
As At 30 September 2024
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 R Wareham Director
19 June 2025

The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
RoadArt Ltd
Notes to the Financial Statements
For The Year Ended 30 September 2024
Notes to the Financial Statements
1. General Information
RoadArt Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06308763 . The registered office is Unit 3, Bergen Way, North Lynn Industrial Estate, King's Lynn, Norfolk, PE30 2JG. The presentation currency of the financial statements is the Pound Sterling (£).
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. Significant judgements and estimations
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period to which the estimate is revised if the revision affects only that period or in the period of revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are the depreciation charges that are calculated with reference to the useful economic life of fixed assets.
2.3. 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.
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 | 25% on reducing balance
Motor Vehicles | 25% on reducing balance

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. Financial Instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.
a) Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.
b) Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.
c) Impairment of financial assets
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
...CONTINUED
Page 4
Page 5
RoadArt Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024
2.6. Financial Instruments - continued
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.
d) Trade and other creditors
Debt instruments like loans and other accounts payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable within one year, typically trade payables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.7. 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 October 2023 | 79,170 | 15,279 | 94,449
Additions | 325 | 17,552 | 17,877
As at 30 September 2024 | 79,495 | 32,831 | 112,326
Depreciation
As at 1 October 2023 | 66,003 | 10,836 | 76,839
Provided during the period | 3,373 | 5,499 | 8,872
As at 30 September 2024 | 69,376 | 16,335 | 85,711
Net Book Value
As at 30 September 2024 | 10,119 | 16,496 | 26,615
As at 1 October 2023 | 13,167 | 4,443 | 17,610

Page 5
Page 6
RoadArt Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024
5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 16,857 |  | 34,153
Other debtors | 12,784 |  | 56,126
| 29,641 |  | 90,279

6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 4,951 |  | 1,628
Bank loans and overdrafts | 5,842 |  | 2,336
Other creditors | 3,509 |  | 6,036
Taxation and social security | 24,772 |  | 26,712
| 39,074 |  | 36,712

7. Creditors: Amounts Falling Due After More Than One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 9,583 |  | 842

8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 20 |  | 1,020

Page 6