Acorah Software Products - Accounts Production 16.4.660 false true true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 10627361 Mr Robert Fishel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10627361 2024-02-28 10627361 2025-02-28 10627361 2024-02-29 2025-02-28 10627361 frs-core:Non-currentFinancialInstruments 2025-02-28 10627361 frs-core:ComputerEquipment 2024-02-29 2025-02-28 10627361 frs-core:FurnitureFittings 2024-02-29 2025-02-28 10627361 frs-core:ShareCapital 2025-02-28 10627361 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 10627361 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 10627361 frs-bus:AbridgedAccounts 2024-02-29 2025-02-28 10627361 frs-bus:SmallEntities 2024-02-29 2025-02-28 10627361 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 10627361 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 10627361 frs-bus:Director1 2024-02-29 2025-02-28 10627361 frs-bus:Director1 2024-02-28 10627361 frs-bus:Director1 2025-02-28 10627361 frs-countries:EnglandWales 2024-02-29 2025-02-28 10627361 2023-02-28 10627361 2024-02-28 10627361 2023-03-01 2024-02-28 10627361 frs-core:Non-currentFinancialInstruments 2024-02-28 10627361 frs-core:ShareCapital 2024-02-28 10627361 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 10627361
Rinpoche Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 10627361
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,661 11,740
8,661 11,740
CURRENT ASSETS
Stocks 4,000 6,000
Debtors 5 14,952 12,901
Cash at bank and in hand 1,204 2,162
20,156 21,063
Creditors: Amounts Falling Due Within One Year (37,980 ) (24,410 )
NET CURRENT ASSETS (LIABILITIES) (17,824 ) (3,347 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,163 ) 8,393
Creditors: Amounts Falling Due After More Than One Year (150,000 ) (150,000 )
NET LIABILITIES (159,163 ) (141,607 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (159,263 ) (141,707 )
SHAREHOLDERS' FUNDS (159,163) (141,607)
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Page 2
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 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Robert Fishel
Director
18 June 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Rinpoche Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10627361 . The registered office is 1401 One Park West, 37 Strand Street, Liverpool, Merseyside, L1 8ND.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company relies on the continued support by the close member of the directors family in relation to the loan provided.
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. 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.
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:
Fixtures & Fittings 25% per annum reducing balance basis
Computer Equipment 33% per annum straight line basis
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
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4. Tangible Assets
Total
£
Cost
As at 29 February 2024 82,980
As at 28 February 2025 82,980
Depreciation
As at 29 February 2024 71,240
Provided during the period 3,079
As at 28 February 2025 74,319
Net Book Value
As at 28 February 2025 8,661
As at 29 February 2024 11,740
5. Debtors
2025 2024
£ £
Due after more than one year
Other debtors 7,500 7,500
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 29 February 2024 Amounts advanced Amounts repaid Amounts written off As at 28 February 2025
£ £ £ £ £
Mr Robert Fishel 1,451 1,900 - - 3,351
The above loan is unsecured, interest free and repayable on demand.
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