Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 08267282 Mrs Katie Routledge Mr Lee Routledge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08267282 2023-10-31 08267282 2024-10-31 08267282 2023-11-01 2024-10-31 08267282 frs-core:CurrentFinancialInstruments 2024-10-31 08267282 frs-core:Non-currentFinancialInstruments 2024-10-31 08267282 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-10-31 08267282 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-11-01 2024-10-31 08267282 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-10-31 08267282 frs-core:FurnitureFittings 2024-10-31 08267282 frs-core:FurnitureFittings 2023-11-01 2024-10-31 08267282 frs-core:FurnitureFittings 2023-10-31 08267282 frs-core:OtherReservesSubtotal 2024-10-31 08267282 frs-core:ShareCapital 2024-10-31 08267282 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 08267282 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08267282 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 08267282 frs-bus:SmallEntities 2023-11-01 2024-10-31 08267282 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08267282 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 08267282 frs-bus:Director1 2023-11-01 2024-10-31 08267282 frs-bus:Director2 2023-11-01 2024-10-31 08267282 frs-countries:EnglandWales 2023-11-01 2024-10-31 08267282 2022-10-31 08267282 2023-10-31 08267282 2022-11-01 2023-10-31 08267282 frs-core:CurrentFinancialInstruments 2023-10-31 08267282 frs-core:Non-currentFinancialInstruments 2023-10-31 08267282 frs-core:OtherReservesSubtotal 2023-10-31 08267282 frs-core:ShareCapital 2023-10-31 08267282 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 08267282
Rush Energy Drinks Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Johnson Smith & Co. Limited
Chartered Accountants
Centurion House,
London Rd, Staines-upon-Thames
Surrey
TW18 4AX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08267282
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 10,894 21,499
Tangible Assets 5 1,857 1,858
12,751 23,357
CURRENT ASSETS
Stocks 6 121,518 125,023
Debtors 7 75,522 106,517
Cash at bank and in hand 2,683 56
199,723 231,596
Creditors: Amounts Falling Due Within One Year 8 (114,918 ) (138,088 )
NET CURRENT ASSETS (LIABILITIES) 84,805 93,508
TOTAL ASSETS LESS CURRENT LIABILITIES 97,556 116,865
Creditors: Amounts Falling Due After More Than One Year 9 (134,858 ) (153,744 )
NET LIABILITIES (37,302 ) (36,879 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Other reserves 105,640 105,640
Profit and Loss Account (142,944 ) (142,521 )
SHAREHOLDERS' FUNDS (37,302) (36,879)
Page 1
Page 2
For the year ending 31 October 2024 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
Mrs Katie Routledge
Director
Mr Lee Routledge
Director
20/07/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Rush Energy Drinks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08267282 . The registered office is 5 The Pavilions Albert Edward Houise, Ashton-On-Ribble, Preston, PR2 2YB.
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. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
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 15%
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.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. Government Grant
Government grants are recognised in the profit and loss account 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 profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account 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 profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account 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: 2 (2023: 2)
2 2
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 November 2023 106,191
As at 31 October 2024 106,191
Amortisation
As at 1 November 2023 84,692
Provided during the period 10,605
As at 31 October 2024 95,297
Net Book Value
As at 31 October 2024 10,894
As at 1 November 2023 21,499
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 November 2023 4,622
As at 31 October 2024 4,622
Depreciation
As at 1 November 2023 2,764
Provided during the period 1
As at 31 October 2024 2,765
...CONTINUED
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Net Book Value
As at 31 October 2024 1,857
As at 1 November 2023 1,858
6. Stocks
2024 2023
£ £
Stock 121,518 125,023
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 70,021 99,750
Other debtors 5,501 6,767
75,522 106,517
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 25,910 4,677
Bank loans and overdrafts 18,997 26,416
Other loans 26,593 -
Other creditors 26,855 78,159
Taxation and social security 16,563 28,836
114,918 138,088
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 105,088 153,744
Other creditors 29,770 -
134,858 153,744
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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