Acorah Software Products - Accounts Production 16.4.675 false true 31 January 2024 1 February 2023 false 1 February 2024 31 March 2025 31 March 2025 05721291 Mr Darryn Short Mr Gareth Short Mr Anthony Vickery iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05721291 2024-01-31 05721291 2025-03-31 05721291 2024-02-01 2025-03-31 05721291 frs-core:CurrentFinancialInstruments 2025-03-31 05721291 frs-core:Non-currentFinancialInstruments 2025-03-31 05721291 frs-core:ComputerEquipment 2025-03-31 05721291 frs-core:ComputerEquipment 2024-02-01 2025-03-31 05721291 frs-core:ComputerEquipment 2024-01-31 05721291 frs-core:FurnitureFittings 2025-03-31 05721291 frs-core:FurnitureFittings 2024-02-01 2025-03-31 05721291 frs-core:FurnitureFittings 2024-01-31 05721291 frs-core:MotorVehicles 2025-03-31 05721291 frs-core:MotorVehicles 2024-02-01 2025-03-31 05721291 frs-core:MotorVehicles 2024-01-31 05721291 frs-core:PlantMachinery 2025-03-31 05721291 frs-core:PlantMachinery 2024-02-01 2025-03-31 05721291 frs-core:PlantMachinery 2024-01-31 05721291 frs-core:ShareCapital 2025-03-31 05721291 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05721291 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-03-31 05721291 frs-bus:FilletedAccounts 2024-02-01 2025-03-31 05721291 frs-bus:SmallEntities 2024-02-01 2025-03-31 05721291 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-03-31 05721291 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-03-31 05721291 frs-bus:Director1 2024-02-01 2025-03-31 05721291 frs-bus:Director2 2024-02-01 2025-03-31 05721291 frs-bus:Director3 2024-02-01 2025-03-31 05721291 frs-countries:EnglandWales 2024-02-01 2025-03-31 05721291 2023-01-31 05721291 2024-01-31 05721291 2023-02-01 2024-01-31 05721291 frs-core:CurrentFinancialInstruments 2024-01-31 05721291 frs-core:Non-currentFinancialInstruments 2024-01-31 05721291 frs-core:ShareCapital 2024-01-31 05721291 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 05721291
R A Rowe & Co. Ltd
Financial Statements
For the Period 1 February 2024 to 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05721291
31 March 2025 31 January 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,973 5,228
19,973 5,228
CURRENT ASSETS
Debtors 5 73,628 92,779
Cash at bank and in hand 34,156 43,610
107,784 136,389
Creditors: Amounts Falling Due Within One Year 6 (68,083 ) (64,971 )
NET CURRENT ASSETS (LIABILITIES) 39,701 71,418
TOTAL ASSETS LESS CURRENT LIABILITIES 59,674 76,646
Creditors: Amounts Falling Due After More Than One Year 7 (15,848 ) (11,835 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,070 ) (1,307 )
NET ASSETS 38,756 63,504
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 38,746 63,494
SHAREHOLDERS' FUNDS 38,756 63,504
Page 1
Page 2
For the period 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 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 Darryn Short
Director
Mr Gareth Short
Director
Mr Anthony Vickery
Director
30 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
R A Rowe & Co. Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05721291 . The registered office is Bude Tic & Canal Visitor Center, The Crescent, Bude, Cornwall, EX23 8LE.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention,. The principal accounting policies adopted are set out below
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 15% reducing balance
Motor Vehicles 20% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 3 years straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss. 
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2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 7 (2024: 6)
7 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2024 7,754 - 4,807 7,037 19,598
Additions - 16,250 - - 16,250
As at 31 March 2025 7,754 16,250 4,807 7,037 35,848
Depreciation
As at 1 February 2024 4,452 - 4,018 5,900 14,370
Provided during the period 495 303 118 589 1,505
As at 31 March 2025 4,947 303 4,136 6,489 15,875
Net Book Value
As at 31 March 2025 2,807 15,947 671 548 19,973
As at 1 February 2024 3,302 - 789 1,137 5,228
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5. Debtors
31 March 2025 31 January 2024
£ £
Due within one year
Trade debtors 16,704 25,167
Other debtors 56,924 67,612
73,628 92,779
6. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 January 2024
£ £
Trade creditors 506 84
Bank loans and overdrafts 12,614 8,121
Other creditors 16,989 15,922
Taxation and social security 37,974 40,844
68,083 64,971
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 January 2024
£ £
Bank loans 15,848 11,835
8. Share Capital
31 March 2025 31 January 2024
£ £
Allotted, Called up and fully paid 10 10
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