Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 06449067 Mrs Marion Waight Mr Paul Waight Mr Oliver Waight true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06449067 2023-12-31 06449067 2024-12-31 06449067 2024-01-01 2024-12-31 06449067 frs-core:CurrentFinancialInstruments 2024-12-31 06449067 frs-core:Non-currentFinancialInstruments 2024-12-31 06449067 frs-core:ComputerEquipment 2024-12-31 06449067 frs-core:ComputerEquipment 2024-01-01 2024-12-31 06449067 frs-core:ComputerEquipment 2023-12-31 06449067 frs-core:MotorVehicles 2024-12-31 06449067 frs-core:MotorVehicles 2024-01-01 2024-12-31 06449067 frs-core:MotorVehicles 2023-12-31 06449067 frs-core:PlantMachinery 2024-12-31 06449067 frs-core:PlantMachinery 2024-01-01 2024-12-31 06449067 frs-core:PlantMachinery 2023-12-31 06449067 frs-core:ShareCapital 2024-12-31 06449067 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06449067 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06449067 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06449067 frs-bus:SmallEntities 2024-01-01 2024-12-31 06449067 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06449067 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06449067 1 2024-01-01 2024-12-31 06449067 frs-bus:Director1 2024-01-01 2024-12-31 06449067 frs-bus:Director2 2024-01-01 2024-12-31 06449067 frs-bus:Director3 2024-01-01 2024-12-31 06449067 frs-countries:EnglandWales 2024-01-01 2024-12-31 06449067 2022-12-31 06449067 2023-12-31 06449067 2023-01-01 2023-12-31 06449067 frs-core:CurrentFinancialInstruments 2023-12-31 06449067 frs-core:Non-currentFinancialInstruments 2023-12-31 06449067 frs-core:ShareCapital 2023-12-31 06449067 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 06449067
Rival 4 Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Bryant & Reeves Limited
69 Sorrel Gardens
Broadstone
Dorset
BH18 9WA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06449067
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 38,692 50,325
38,692 50,325
CURRENT ASSETS
Debtors 5 708,016 302,897
Cash at bank and in hand 97,501 431,147
805,517 734,044
Creditors: Amounts Falling Due Within One Year 6 (370,985 ) (437,626 )
NET CURRENT ASSETS (LIABILITIES) 434,532 296,418
TOTAL ASSETS LESS CURRENT LIABILITIES 473,224 346,743
Creditors: Amounts Falling Due After More Than One Year 7 (14,784 ) (25,178 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,594 ) -
NET ASSETS 456,846 321,565
CAPITAL AND RESERVES
Called up share capital 8 102 102
Profit and Loss Account 456,744 321,463
SHAREHOLDERS' FUNDS 456,846 321,565
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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 Paul Waight
Director
16/06/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Rival 4 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06449067 . The registered office is Unit 15, Ventura Place, Upton, Dorset, BH15 6SW.
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:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 25% Straight Line
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: 5 (2023: 5)
5 5
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 18,982 85,386 1,422 105,790
Additions 641 - 956 1,597
As at 31 December 2024 19,623 85,386 2,378 107,387
Depreciation
As at 1 January 2024 17,793 37,317 355 55,465
Provided during the period 618 12,017 595 13,230
As at 31 December 2024 18,411 49,334 950 68,695
Net Book Value
As at 31 December 2024 1,212 36,052 1,428 38,692
As at 1 January 2024 1,189 48,069 1,067 50,325
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 467,538 212,758
Amounts recoverable on contracts 234,952 70,000
Other debtors 5,526 20,139
708,016 302,897
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 111,697 111,908
Corporation tax 32,385 -
Other taxes and social security 108,275 244,530
Other creditors 116,496 52,366
Accruals and deferred income 2,132 28,822
370,985 437,626
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,784 25,178
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 102 102
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9. Related Party Transactions
Oliver WaightMr Oliver Waight is a director of the company. He is owed £25,400 this is a salary bonus paid in December 2024 which has not yet been taken.

Oliver Waight

Mr Oliver Waight is a director of the company. He is owed £25,400 this is a salary bonus paid in December 2024 which has not yet been taken.

Paul WaightMr Paul Waight is a director of the company. He is owed £69,862 which is made up of £25,862 this is a salary bonus paid in December 2024 which has not yet been taken and £44,000 being a loan made to the company.

Paul Waight

Mr Paul Waight is a director of the company. He is owed £69,862 which is made up of £25,862 this is a salary bonus paid in December 2024 which has not yet been taken and £44,000 being a loan made to the company.

10. Ultimate Controlling Party
The company's ultimate controlling party is Mr Paul Waight.
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