Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2024 1 October 2023 false 1 October 2024 31 March 2025 31 March 2025 01263537 S R Rockingham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01263537 2024-09-30 01263537 2025-03-31 01263537 2024-10-01 2025-03-31 01263537 frs-core:CurrentFinancialInstruments 2025-03-31 01263537 frs-core:Non-currentFinancialInstruments 2025-03-31 01263537 frs-core:FurnitureFittings 2025-03-31 01263537 frs-core:FurnitureFittings 2024-10-01 2025-03-31 01263537 frs-core:FurnitureFittings 2024-09-30 01263537 frs-core:MotorVehicles 2025-03-31 01263537 frs-core:MotorVehicles 2024-10-01 2025-03-31 01263537 frs-core:MotorVehicles 2024-09-30 01263537 frs-core:PlantMachinery 2025-03-31 01263537 frs-core:PlantMachinery 2024-10-01 2025-03-31 01263537 frs-core:PlantMachinery 2024-09-30 01263537 frs-core:CapitalRedemptionReserve 2025-03-31 01263537 frs-core:RevaluationReserve 2025-03-31 01263537 frs-core:ShareCapital 2025-03-31 01263537 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 01263537 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-03-31 01263537 frs-bus:FilletedAccounts 2024-10-01 2025-03-31 01263537 frs-bus:SmallEntities 2024-10-01 2025-03-31 01263537 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-03-31 01263537 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-03-31 01263537 frs-bus:OrdinaryShareClass1 2024-10-01 2025-03-31 01263537 frs-bus:OrdinaryShareClass1 2025-03-31 01263537 frs-core:ListedExchangeTraded 2025-03-31 01263537 frs-core:ListedExchangeTraded 2024-09-30 01263537 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-09-30 01263537 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2025-03-31 01263537 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-03-31 01263537 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-09-30 01263537 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-03-31 01263537 frs-bus:Director1 2024-10-01 2025-03-31 01263537 frs-countries:EnglandWales 2024-10-01 2025-03-31 01263537 2023-09-30 01263537 2024-09-30 01263537 2023-10-01 2024-09-30 01263537 frs-core:CurrentFinancialInstruments 2024-09-30 01263537 frs-core:Non-currentFinancialInstruments 2024-09-30 01263537 frs-core:CapitalRedemptionReserve 2024-09-30 01263537 frs-core:RevaluationReserve 2024-09-30 01263537 frs-core:ShareCapital 2024-09-30 01263537 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 01263537 frs-bus:OrdinaryShareClass1 2023-10-01 2024-09-30
Registered number: 01263537
STEPHEN RUSSELL CONSTRUCTION LIMITED
Unaudited Financial Statements
For the Period 1 October 2024 to 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01263537
31 March 2025 30 September 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 56,619 72,930
Investments 5 26,355 22,267
82,974 95,197
CURRENT ASSETS
Stocks 6 25,171 23,681
Debtors 7 143,614 39,225
Cash at bank and in hand 303,100 543,409
471,885 606,315
Creditors: Amounts Falling Due Within One Year 8 (272,426 ) (245,924 )
NET CURRENT ASSETS (LIABILITIES) 199,459 360,391
TOTAL ASSETS LESS CURRENT LIABILITIES 282,433 455,588
Creditors: Amounts Falling Due After More Than One Year 9 (1,364 ) (4,955 )
NET ASSETS 281,069 450,633
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Revaluation reserve 15,746 15,746
Capital redemption reserve 4,350 4,350
Profit and Loss Account 259,973 429,537
SHAREHOLDERS' FUNDS 281,069 450,633
Page 1
Page 2
For the period ending 31 March 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
S R Rockingham
Director
20/06/2025
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
STEPHEN RUSSELL CONSTRUCTION LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 01263537 . The registered office is Sycamore House, Kimble Park Road, Little Kimble, Aylesbury, Buckinghamshire, HP17 0RB.
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:
Plant & Machinery At variable rates on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings Straight line over 2 years
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.
2.5. 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 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.
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3. Average Number of Employees
Average number of employees, including directors, during the period was: 3 (2024: 5)
3 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 October 2024 24,469 127,523 32,036 184,028
Disposals - (13,500 ) - (13,500 )
As at 31 March 2025 24,469 114,023 32,036 170,528
Depreciation
As at 1 October 2024 8,469 72,982 29,647 111,098
Provided during the period 2,640 6,817 763 10,220
Disposals - (7,409 ) - (7,409 )
As at 31 March 2025 11,109 72,390 30,410 113,909
Net Book Value
As at 31 March 2025 13,360 41,633 1,626 56,619
As at 1 October 2024 16,000 54,541 2,389 72,930
5. Investments
Listed
£
Cost
As at 1 October 2024 22,267
Revaluations 4,088
As at 31 March 2025 26,355
Provision
As at 1 October 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 26,355
As at 1 October 2024 22,267
6. Stocks
31 March 2025 30 September 2024
£ £
Work in progress 25,171 23,681
Page 4
Page 5
7. Debtors
31 March 2025 30 September 2024
£ £
Due within one year
Trade debtors 136,762 35,186
Prepayments and accrued income 6,852 4,039
143,614 39,225
8. Creditors: Amounts Falling Due Within One Year
31 March 2025 30 September 2024
£ £
Trade creditors 158,055 96,160
Bank loans and overdrafts 7,184 7,184
Corporation tax (32,846 ) 26,277
Other taxes and social security 4,263 9,758
VAT 35,409 4,563
Other creditors (pension) 3,841 5,503
Accruals and deferred income 96,520 96,479
272,426 245,924
9. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 30 September 2024
£ £
Bank loans 1,364 4,955
10. Share Capital
31 March 2025 30 September 2024
Allotted, called up and fully paid £ £
20 Ordinary Shares of £ 50.000 each 1,000 1,000
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