Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 00513880 Mr J Richards Mr J Richards iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00513880 2023-12-31 00513880 2024-12-31 00513880 2024-01-01 2024-12-31 00513880 frs-core:CurrentFinancialInstruments 2024-12-31 00513880 frs-core:ComputerEquipment 2024-12-31 00513880 frs-core:ComputerEquipment 2024-01-01 2024-12-31 00513880 frs-core:ComputerEquipment 2023-12-31 00513880 frs-core:FurnitureFittings 2024-12-31 00513880 frs-core:FurnitureFittings 2024-01-01 2024-12-31 00513880 frs-core:FurnitureFittings 2023-12-31 00513880 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 00513880 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00513880 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 00513880 frs-core:MotorVehicles 2024-12-31 00513880 frs-core:MotorVehicles 2024-01-01 2024-12-31 00513880 frs-core:MotorVehicles 2023-12-31 00513880 frs-core:PlantMachinery 2024-12-31 00513880 frs-core:PlantMachinery 2024-01-01 2024-12-31 00513880 frs-core:PlantMachinery 2023-12-31 00513880 frs-core:RevaluationReserve 2024-12-31 00513880 frs-core:SharePremium 2024-12-31 00513880 frs-core:ShareCapital 2024-12-31 00513880 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 00513880 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00513880 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 00513880 frs-bus:SmallEntities 2024-01-01 2024-12-31 00513880 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00513880 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00513880 frs-bus:Director1 2024-01-01 2024-12-31 00513880 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 00513880 frs-countries:EnglandWales 2024-01-01 2024-12-31 00513880 2022-12-31 00513880 2023-12-31 00513880 2023-01-01 2023-12-31 00513880 frs-core:CurrentFinancialInstruments 2023-12-31 00513880 frs-core:RevaluationReserve 2023-12-31 00513880 frs-core:SharePremium 2023-12-31 00513880 frs-core:ShareCapital 2023-12-31 00513880 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 00513880
R.M.R.Engineering Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Beresfords
Chartered Certified Accountants
1-2 Rhodium Point
Spindle Close
Hawkinge, Folkestone
Kent
CT18 7TQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 00513880
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 200,684 201,164
200,684 201,164
CURRENT ASSETS
Stocks 5 6,310 14,201
Debtors 6 26,998 30,686
Cash at bank and in hand 85 77
33,393 44,964
Creditors: Amounts Falling Due Within One Year 7 (120,265 ) (133,107 )
NET CURRENT ASSETS (LIABILITIES) (86,872 ) (88,143 )
TOTAL ASSETS LESS CURRENT LIABILITIES 113,812 113,021
NET ASSETS 113,812 113,021
CAPITAL AND RESERVES
Called up share capital 8 4,852 4,852
Share premium account 10 10
Revaluation reserve 190,628 190,628
Profit and Loss Account (81,678 ) (82,469 )
SHAREHOLDERS' FUNDS 113,812 113,021
For the year ending 31 December 2024 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 Profit and Loss Account.
On behalf of the board
Mr J Richards
Director
05/06/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
R.M.R.Engineering Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00513880 . The registered office is 90-92 Tontine Street, Folkestone, Kent, CT20 1JW.
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:
Freehold No depreciation charge
Plant & Machinery 10% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 10% Reducing balance
Computer Equipment 25% Reducing balance
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.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2024 198,000 36,985 13,904 5,779
As at 31 December 2024 198,000 36,985 13,904 5,779
Depreciation
As at 1 January 2024 - 35,070 12,832 5,612
Provided during the period - 192 268 17
As at 31 December 2024 - 35,262 13,100 5,629
Net Book Value
As at 31 December 2024 198,000 1,723 804 150
As at 1 January 2024 198,000 1,915 1,072 167
Computer Equipment Total
£ £
Cost
As at 1 January 2024 13,293 267,961
As at 31 December 2024 13,293 267,961
Depreciation
As at 1 January 2024 13,283 66,797
Provided during the period 3 480
As at 31 December 2024 13,286 67,277
Net Book Value
As at 31 December 2024 7 200,684
As at 1 January 2024 10 201,164
5. Stocks
2024 2023
£ £
Materials 4,830 5,100
Work in progress 1,480 9,101
6,310 14,201
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 25,778 28,030
Prepayments and accrued income 1,220 1,235
VAT - 1,421
26,998 30,686
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 20,395 32,368
Bank loans and overdrafts 41,014 43,574
Other loans 9,723 9,723
Other taxes and social security 2,284 2,336
VAT 1,823 -
Net wages 469 150
Accruals and deferred income 3,234 3,633
Director's loan account 41,323 41,323
120,265 133,107
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4,852 4,852
Page 4