Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 06037772 Mr J W Smith Mr A D Adcock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06037772 2023-12-31 06037772 2024-12-31 06037772 2024-01-01 2024-12-31 06037772 frs-core:CurrentFinancialInstruments 2024-12-31 06037772 frs-core:Non-currentFinancialInstruments 2024-12-31 06037772 frs-core:ComputerEquipment 2024-12-31 06037772 frs-core:ComputerEquipment 2024-01-01 2024-12-31 06037772 frs-core:ComputerEquipment 2023-12-31 06037772 frs-core:FurnitureFittings 2024-12-31 06037772 frs-core:FurnitureFittings 2024-01-01 2024-12-31 06037772 frs-core:FurnitureFittings 2023-12-31 06037772 frs-core:MotorVehicles 2024-12-31 06037772 frs-core:MotorVehicles 2024-01-01 2024-12-31 06037772 frs-core:MotorVehicles 2023-12-31 06037772 frs-core:ShareCapital 2024-12-31 06037772 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06037772 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06037772 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06037772 frs-bus:SmallEntities 2024-01-01 2024-12-31 06037772 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06037772 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06037772 frs-bus:Director1 2024-01-01 2024-12-31 06037772 frs-bus:Director2 2024-01-01 2024-12-31 06037772 frs-core:CurrentFinancialInstruments 1 2024-12-31 06037772 frs-countries:EnglandWales 2024-01-01 2024-12-31 06037772 2022-12-31 06037772 2023-12-31 06037772 2023-01-01 2023-12-31 06037772 frs-core:CurrentFinancialInstruments 2023-12-31 06037772 frs-core:Non-currentFinancialInstruments 2023-12-31 06037772 frs-core:ShareCapital 2023-12-31 06037772 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06037772 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 06037772
Routeone Forwarding Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06037772
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,416 5,442
3,416 5,442
CURRENT ASSETS
Debtors 5 162,903 103,954
Cash at bank and in hand 100,128 170,458
263,031 274,412
Creditors: Amounts Falling Due Within One Year 6 (192,161 ) (156,405 )
NET CURRENT ASSETS (LIABILITIES) 70,870 118,007
TOTAL ASSETS LESS CURRENT LIABILITIES 74,286 123,449
Creditors: Amounts Falling Due After More Than One Year 7 - (50,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (166 )
NET ASSETS 74,286 73,283
CAPITAL AND RESERVES
Called up share capital 8 9 9
Profit and Loss Account 74,277 73,274
SHAREHOLDERS' FUNDS 74,286 73,283
Page 1
Page 2
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 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 J W Smith
Director
7 July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Routeone Forwarding Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06037772 . The registered office is 9-11 Stratford Road, Shirley, Solihull, B90 3LU.
The presentation currency is pound sterling (£).
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:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 4 (2023: 4)
4 4
Page 3
Page 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 58,130 5,000 7,242 70,372
As at 31 December 2024 58,130 5,000 7,242 70,372
Depreciation
As at 1 January 2024 54,461 5,000 5,469 64,930
Provided during the period 917 - 1,109 2,026
As at 31 December 2024 55,378 5,000 6,578 66,956
Net Book Value
As at 31 December 2024 2,752 - 664 3,416
As at 1 January 2024 3,669 - 1,773 5,442
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 158,426 99,594
Prepayments and accrued income 364 361
Other debtors 3,893 3,747
Deferred tax current asset 220 -
VAT - 252
162,903 103,954
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 128,658 123,630
Corporation tax 35,828 16,670
Other taxes and social security 1 -
VAT 148 -
Other creditors -dividends 13,032 10,930
Accruals and deferred income 14,269 3,210
Directors' loan accounts 225 1,965
192,161 156,405
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 50,000
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 9 9
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr J W Smith 37,051 37,450
Mr A D Adcock 37,051 37,450
10. Related Party Transactions
The company is under the control of the directors Mr A D Adcock and Mr J W Smith who own 3 shares each. Mrs R Adcock and Mrs E Smith own 1.5 shares each.
The directors have made interest free loans to the company and the combined total owing to them at 31 December 2024 was £225 (2023 - £1,965) . No terms are set down for repayment.
Page 5