Acorah Software Products - Accounts Production 16.4.675 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 9459388 Mr MARK FERNYHOUGH Mrs MAUREEN BEASLEY iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9459388 2024-01-31 9459388 2025-01-31 9459388 2024-02-01 2025-01-31 9459388 frs-core:CurrentFinancialInstruments 2025-01-31 9459388 frs-core:MotorVehicles 2025-01-31 9459388 frs-core:MotorVehicles 2024-02-01 2025-01-31 9459388 frs-core:MotorVehicles 2024-01-31 9459388 frs-core:PlantMachinery 2025-01-31 9459388 frs-core:PlantMachinery 2024-02-01 2025-01-31 9459388 frs-core:PlantMachinery 2024-01-31 9459388 frs-core:ShareCapital 2025-01-31 9459388 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 9459388 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 9459388 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 9459388 frs-bus:SmallEntities 2024-02-01 2025-01-31 9459388 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 9459388 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 9459388 frs-bus:Director1 2024-02-01 2025-01-31 9459388 frs-bus:Director2 2024-02-01 2025-01-31 9459388 frs-countries:EnglandWales 2024-02-01 2025-01-31 9459388 2023-01-31 9459388 2024-01-31 9459388 2023-02-01 2024-01-31 9459388 frs-core:CurrentFinancialInstruments 2024-01-31 9459388 frs-core:ShareCapital 2024-01-31 9459388 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 9459388
RUGELEY COATING SERVICES LIMITED
Financial Statements
For The Year Ended 31 January 2025
OLLERENSHAWS FINANCIAL ACCOUNTANTS
4, GREYSBROOK
SHENSTONE
LICHFIELD
STAFFORDSHIRE
WS14 0LU
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 9459388
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,787 2,297
1,787 2,297
CURRENT ASSETS
Stocks 5 6,450 6,450
Debtors 6 25,370 24,651
31,820 31,101
Creditors: Amounts Falling Due Within One Year 7 (128,296 ) (99,966 )
NET CURRENT ASSETS (LIABILITIES) (96,476 ) (68,865 )
TOTAL ASSETS LESS CURRENT LIABILITIES (94,689 ) (66,568 )
NET LIABILITIES (94,689 ) (66,568 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (94,789 ) (66,668 )
SHAREHOLDERS' FUNDS (94,689) (66,568)
For the year ending 31 January 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
Mr MARK FERNYHOUGH
Director
02/07/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
RUGELEY COATING SERVICES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 9459388 . The registered office is UNIT 31 RIVERSIDE, POWER STATION ROAD, RUGELEY, STAFFORDSHIRE, WS15 2YR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 20% Reducing balance
Motor Vehicles 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 2 2
Manufacturing 4 4
6 6
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 February 2024 9,100 7,000 16,100
As at 31 January 2025 9,100 7,000 16,100
Depreciation
As at 1 February 2024 7,799 6,004 13,803
Provided during the period 261 249 510
As at 31 January 2025 8,060 6,253 14,313
Net Book Value
As at 31 January 2025 1,040 747 1,787
As at 1 February 2024 1,301 996 2,297
5. Stocks
2025 2024
£ £
Stock 6,450 6,450
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 25,370 24,651
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 16,504 15,452
Bank loans and overdrafts 15,740 21,177
Other taxes and social security 69,672 45,557
Accruals and deferred income 1,800 1,800
Directors' loan accounts 24,580 15,980
128,296 99,966
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3