Acorah Software Products - Accounts Production 16.4.675 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12099586 Mr Christopher Stafford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12099586 2023-07-31 12099586 2024-07-31 12099586 2023-08-01 2024-07-31 12099586 frs-core:CurrentFinancialInstruments 2024-07-31 12099586 frs-core:Non-currentFinancialInstruments 2024-07-31 12099586 frs-core:FurnitureFittings 2024-07-31 12099586 frs-core:FurnitureFittings 2023-08-01 2024-07-31 12099586 frs-core:FurnitureFittings 2023-07-31 12099586 frs-core:PlantMachinery 2024-07-31 12099586 frs-core:PlantMachinery 2023-08-01 2024-07-31 12099586 frs-core:PlantMachinery 2023-07-31 12099586 frs-core:ShareCapital 2024-07-31 12099586 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12099586 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12099586 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12099586 frs-bus:SmallEntities 2023-08-01 2024-07-31 12099586 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12099586 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12099586 frs-bus:Director1 2023-08-01 2024-07-31 12099586 frs-countries:EnglandWales 2023-08-01 2024-07-31 12099586 2022-07-31 12099586 2023-07-31 12099586 2022-08-01 2023-07-31 12099586 frs-core:CurrentFinancialInstruments 2023-07-31 12099586 frs-core:Non-currentFinancialInstruments 2023-07-31 12099586 frs-core:ShareCapital 2023-07-31 12099586 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12099586
Recyc-Line Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Collins & Collins Ltd
Honeycombe House
167-169 High Road
Loughton
Essex
IG10 4LF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12099586
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 40,016 46,328
40,016 46,328
CURRENT ASSETS
Debtors 5 36,834 44,419
Cash at bank and in hand 3,405 470
40,239 44,889
Creditors: Amounts Falling Due Within One Year 6 (44,020 ) (38,801 )
NET CURRENT ASSETS (LIABILITIES) (3,781 ) 6,088
TOTAL ASSETS LESS CURRENT LIABILITIES 36,235 52,416
Creditors: Amounts Falling Due After More Than One Year 7 (35,252 ) (130,327 )
NET ASSETS/(LIABILITIES) 983 (77,911 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 981 (77,913 )
SHAREHOLDERS' FUNDS 983 (77,911)
Page 1
Page 2
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Christopher Stafford
Director
31/07/2025
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
Recyc-Line Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12099586 . The registered office is Honeycombe House, 167-169 High Road, Loughton, Essex, IG10 4LF.
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 15% reducing balance
Fixtures & Fittings 15% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2023 57,842 532 58,374
Additions 750 - 750
As at 31 July 2024 58,592 532 59,124
Depreciation
As at 1 August 2023 11,958 88 12,046
Provided during the period 6,995 67 7,062
As at 31 July 2024 18,953 155 19,108
Net Book Value
As at 31 July 2024 39,639 377 40,016
As at 1 August 2023 45,884 444 46,328
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,122 25,974
Amounts owed by participating interests 10,772 -
Other debtors 12,940 18,445
36,834 44,419
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 31 3,133
Bank loans and overdrafts 6,314 6,314
Other loans - 18,500
Other creditors 11,355 2,676
Taxation and social security 26,320 8,178
44,020 38,801
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 35,252 41,566
Other creditors - 88,761
35,252 130,327
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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