Acorah Software Products - Accounts Production 16.5.460 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 01468770 Mrs Beverley Neck Mr Stephen Neck Mr Michael Neck Mr Christopher Neck Mrs Beverley Neck iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01468770 2024-04-30 01468770 2025-04-30 01468770 2024-05-01 2025-04-30 01468770 frs-core:CurrentFinancialInstruments 2025-04-30 01468770 frs-core:ComputerEquipment 2025-04-30 01468770 frs-core:ComputerEquipment 2024-05-01 2025-04-30 01468770 frs-core:ComputerEquipment 2024-04-30 01468770 frs-core:FurnitureFittings 2025-04-30 01468770 frs-core:FurnitureFittings 2024-05-01 2025-04-30 01468770 frs-core:FurnitureFittings 2024-04-30 01468770 frs-core:MotorVehicles 2025-04-30 01468770 frs-core:MotorVehicles 2024-05-01 2025-04-30 01468770 frs-core:MotorVehicles 2024-04-30 01468770 frs-core:ShareCapital 2025-04-30 01468770 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 01468770 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 01468770 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 01468770 frs-bus:SmallEntities 2024-05-01 2025-04-30 01468770 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 01468770 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 01468770 frs-bus:Director1 2024-05-01 2025-04-30 01468770 frs-bus:Director2 2024-05-01 2025-04-30 01468770 frs-bus:Director3 2024-05-01 2025-04-30 01468770 frs-bus:Director4 2024-05-01 2025-04-30 01468770 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 01468770 frs-countries:EnglandWales 2024-05-01 2025-04-30 01468770 2023-04-30 01468770 2024-04-30 01468770 2023-05-01 2024-04-30 01468770 frs-core:CurrentFinancialInstruments 2024-04-30 01468770 frs-core:ShareCapital 2024-04-30 01468770 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 01468770
R. Neck & Son Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
R M Horn & Co
48 Hutton Road
Shenfield
BRENTWOOD
Essex
CM15 8LB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01468770
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 91,292 112,424
91,292 112,424
CURRENT ASSETS
Stocks 5 22,312 57,980
Debtors 6 15,043 147,360
Cash at bank and in hand 1,020,740 775,042
1,058,095 980,382
Creditors: Amounts Falling Due Within One Year 7 (373,587 ) (242,515 )
NET CURRENT ASSETS (LIABILITIES) 684,508 737,867
TOTAL ASSETS LESS CURRENT LIABILITIES 775,800 850,291
NET ASSETS 775,800 850,291
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 775,700 850,191
SHAREHOLDERS' FUNDS 775,800 850,291
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For the year ending 30 April 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 Stephen Neck
Director
11th August 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. Neck & Son Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01468770 . The registered office is Orchard House, 35 Empress Avenue, Mersea Island, Essex, CO5 8EX.
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 on balance
Fixtures & Fittings 25% reducing on balance
Computer Equipment 25% reducing on 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.
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2.5. 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 year 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 asset reflects 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: 3 (2024: 5)
3 5
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2024 411,107 1,800 4,212 417,119
Additions 24,912 - - 24,912
Disposals (45,352 ) - - (45,352 )
As at 30 April 2025 390,667 1,800 4,212 396,679
Depreciation
As at 1 May 2024 298,683 1,800 4,212 304,695
Provided during the period 27,468 - - 27,468
Disposals (26,776 ) - - (26,776 )
As at 30 April 2025 299,375 1,800 4,212 305,387
Net Book Value
As at 30 April 2025 91,292 - - 91,292
As at 1 May 2024 112,424 - - 112,424
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5. Stocks
2025 2024
£ £
Work in progress 22,312 57,980
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 15,043 147,360
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,131 2,744
Corporation tax 49,010 31,151
Other taxes and social security 38,865 68,279
Other creditors - 3,947
Accruals and deferred income 46,094 23,750
Directors' loan accounts 237,487 112,644
373,587 242,515
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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