Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09242757 Mr D Russell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09242757 2024-03-31 09242757 2025-03-31 09242757 2024-04-01 2025-03-31 09242757 frs-core:CurrentFinancialInstruments 2025-03-31 09242757 frs-core:ComputerEquipment 2025-03-31 09242757 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09242757 frs-core:ComputerEquipment 2024-03-31 09242757 frs-core:FurnitureFittings 2025-03-31 09242757 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09242757 frs-core:FurnitureFittings 2024-03-31 09242757 frs-core:MotorVehicles 2025-03-31 09242757 frs-core:MotorVehicles 2024-04-01 2025-03-31 09242757 frs-core:MotorVehicles 2024-03-31 09242757 frs-core:PlantMachinery 2025-03-31 09242757 frs-core:PlantMachinery 2024-04-01 2025-03-31 09242757 frs-core:PlantMachinery 2024-03-31 09242757 frs-core:ShareCapital 2025-03-31 09242757 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09242757 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09242757 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09242757 frs-bus:SmallEntities 2024-04-01 2025-03-31 09242757 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09242757 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09242757 frs-bus:Director1 2024-04-01 2025-03-31 09242757 frs-countries:EnglandWales 2024-04-01 2025-03-31 09242757 2023-03-31 09242757 2024-03-31 09242757 2023-04-01 2024-03-31 09242757 frs-core:CurrentFinancialInstruments 2024-03-31 09242757 frs-core:ShareCapital 2024-03-31 09242757 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09242757
Russell Roofing Partnerships Limited
Financial Statements
For The Year Ended 31 March 2025
Affinity Associates (AU) Limited
Office 43, The Cobalt Bldg
1600 Eureka Park, Lower Pemberton
Ashford
Kent
TN25 4BF
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09242757
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 34,528 49,189
34,528 49,189
CURRENT ASSETS
Stocks 5 412,427 399,203
Debtors 6 1,480,493 1,321,264
Cash at bank and in hand 300,881 437,492
2,193,801 2,157,959
Creditors: Amounts Falling Due Within One Year 7 (1,946,795 ) (1,812,143 )
NET CURRENT ASSETS (LIABILITIES) 247,006 345,816
TOTAL ASSETS LESS CURRENT LIABILITIES 281,534 395,005
NET ASSETS 281,534 395,005
CAPITAL AND RESERVES
Called up share capital 8 125 125
Income Statement 281,409 394,880
SHAREHOLDERS' FUNDS 281,534 395,005
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Page 2
For the year 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Income Statement.
On behalf of the board
Mr D Russell
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
Russell Roofing Partnerships Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09242757 . The registered office is Unit 4 St Michaels Close, Aylesford, Kent, ME20 7BU.
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.
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 25% straight line basis
Motor Vehicles 25% straight line basis
Fixtures & Fittings 25% straight line basis
Computer Equipment 25% straight line basis
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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2.6. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 5,725 125,175 17,321 31,748 179,969
Additions - 2,500 151 2,674 5,325
Disposals (593 ) (26,500 ) - (1,083 ) (28,176 )
As at 31 March 2025 5,132 101,175 17,472 33,339 157,118
Depreciation
As at 1 April 2024 4,186 88,425 16,440 21,729 130,780
Provided during the period 470 15,089 658 3,201 19,418
Disposals (25 ) (26,500 ) - (1,083 ) (27,608 )
As at 31 March 2025 4,631 77,014 17,098 23,847 122,590
Net Book Value
As at 31 March 2025 501 24,161 374 9,492 34,528
As at 1 April 2024 1,539 36,750 881 10,019 49,189
5. Stocks
2025 2024
£ £
Stock 412,427 399,203
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,067,807 1,153,559
Other debtors 412,686 167,705
1,480,493 1,321,264
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 288,708 410,192
Amounts owed to participating interests 1,000,000 650,000
Other creditors 518,775 584,464
Taxation and social security 139,312 167,487
1,946,795 1,812,143
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 125 125
9. Related Party Transactions
At the balance sheet date the company owed £2,069 (2024: (£61,937)) to Kent Flat Roofing Ltd, £5,786 (2024: (£645)) to Len Valley Roofing Limited, £123,595 (2024 : £241,828) to Russell Roofing Services Limited and £1,000,000 (2024: £650,000) to RR Group Holdings Ltd. 
Mr D Russell is a director and has a significant interest in all of the above named companies.
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