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 11869248 Mrs Celeidh Cook Mrs Kristina Williams Mr Samuel Cook Mr Scott Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11869248 2023-12-31 11869248 2024-12-31 11869248 2024-01-01 2024-12-31 11869248 frs-core:CurrentFinancialInstruments 2024-12-31 11869248 frs-core:Non-currentFinancialInstruments 2024-12-31 11869248 frs-core:ComputerEquipment 2024-12-31 11869248 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11869248 frs-core:ComputerEquipment 2023-12-31 11869248 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 11869248 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 11869248 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 11869248 frs-core:OtherResidualIntangibleAssets 2024-12-31 11869248 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 11869248 frs-core:OtherResidualIntangibleAssets 2023-12-31 11869248 frs-core:PlantMachinery 2024-12-31 11869248 frs-core:PlantMachinery 2024-01-01 2024-12-31 11869248 frs-core:PlantMachinery 2023-12-31 11869248 frs-core:ShareCapital 2024-12-31 11869248 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11869248 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11869248 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11869248 frs-bus:SmallEntities 2024-01-01 2024-12-31 11869248 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11869248 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11869248 frs-bus:Director1 2024-01-01 2024-12-31 11869248 frs-bus:Director2 2024-01-01 2024-12-31 11869248 frs-bus:Director3 2024-01-01 2024-12-31 11869248 frs-bus:Director4 2024-01-01 2024-12-31 11869248 frs-core:CurrentFinancialInstruments 1 2024-12-31 11869248 frs-countries:EnglandWales 2024-01-01 2024-12-31 11869248 2022-12-31 11869248 2023-12-31 11869248 2023-01-01 2023-12-31 11869248 frs-core:CurrentFinancialInstruments 2023-12-31 11869248 frs-core:Non-currentFinancialInstruments 2023-12-31 11869248 frs-core:ShareCapital 2023-12-31 11869248 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11869248 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 11869248
Eco Rascals Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
RJF Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11869248
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,678 7,565
Tangible Assets 5 1,150 1,281
6,828 8,846
CURRENT ASSETS
Stocks 6 14,797 38,252
Debtors 7 20,630 72,250
Cash at bank and in hand 19,811 5,815
55,238 116,317
Creditors: Amounts Falling Due Within One Year 8 (62,502 ) (64,854 )
NET CURRENT ASSETS (LIABILITIES) (7,264 ) 51,463
TOTAL ASSETS LESS CURRENT LIABILITIES (436 ) 60,309
Creditors: Amounts Falling Due After More Than One Year 9 (21,194 ) (28,571 )
NET (LIABILITIES)/ASSETS (21,630 ) 31,738
CAPITAL AND RESERVES
Called up share capital 10 216,595 216,595
Profit and Loss Account (238,225 ) (184,857 )
SHAREHOLDERS' FUNDS (21,630) 31,738
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
Mrs Kristina Williams
Director
16/05/2025
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
Eco Rascals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11869248 . The registered office is 19 Woodland Way, Theydon Bois, Epping, Essex, CM16 7DY.
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 - Other Intangible
Other intangible assets are website value and the cost related to the trademark application. It is amortised to profit and loss account over its estimated economic life of 4 years.
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.5. 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 25% Straightline
Computer Equipment 3 years Straightline
2.6. 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.
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 4)
2 4
Page 3
Page 4
4. Intangible Assets
Other Development Costs Total
£ £ £
Cost
As at 1 January 2024 6,515 4,940 11,455
As at 31 December 2024 6,515 4,940 11,455
Amortisation
As at 1 January 2024 905 2,985 3,890
Provided during the period 652 1,235 1,887
As at 31 December 2024 1,557 4,220 5,777
Net Book Value
As at 31 December 2024 4,958 720 5,678
As at 1 January 2024 5,610 1,955 7,565
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 - 2,364 2,364
Additions 946 - 946
As at 31 December 2024 946 2,364 3,310
Depreciation
As at 1 January 2024 - 1,083 1,083
Provided during the period 289 788 1,077
As at 31 December 2024 289 1,871 2,160
Net Book Value
As at 31 December 2024 657 493 1,150
As at 1 January 2024 - 1,281 1,281
6. Stocks
2024 2023
£ £
Stock 14,797 38,252
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Page 5
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,162 45,026
Prepayments and accrued income 1,683 7,193
Other debtors 16,685 14,225
Deposits 100 966
VAT - 4,740
Called up share capital not paid - 100
20,630 72,250
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 13,239 20,716
Bank loans and overdrafts 7,500 37,365
VAT 2,935 -
Other creditors 10,235 3,296
Accruals and deferred income 1,393 3,477
Directors' loan accounts 27,200 -
62,502 64,854
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 21,194 28,571
10. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid - 100
Called Up Share Capital has been paid up 216,595 216,495
Amount of Allotted, Called Up Share Capital 216,595 216,595
11. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mrs Celeidh Cook - 12,000
Mrs Kristina Williams - 13,158
12. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid - 25,158
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