Acorah Software Products - Accounts Production 16.4.675 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 00574826 Mr Claude Agius Mrs Barbara Agius Ms Claudia Agius Mr David Agius iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00574826 2023-11-30 00574826 2024-11-30 00574826 2023-12-01 2024-11-30 00574826 frs-core:CurrentFinancialInstruments 2024-11-30 00574826 frs-core:Non-currentFinancialInstruments 2024-11-30 00574826 frs-core:ComputerEquipment 2024-11-30 00574826 frs-core:ComputerEquipment 2023-12-01 2024-11-30 00574826 frs-core:ComputerEquipment 2023-11-30 00574826 frs-core:FurnitureFittings 2023-12-01 2024-11-30 00574826 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 00574826 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 00574826 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 00574826 frs-core:MotorVehicles 2024-11-30 00574826 frs-core:MotorVehicles 2023-12-01 2024-11-30 00574826 frs-core:MotorVehicles 2023-11-30 00574826 frs-core:PlantMachinery 2024-11-30 00574826 frs-core:PlantMachinery 2023-12-01 2024-11-30 00574826 frs-core:PlantMachinery 2023-11-30 00574826 frs-core:RevaluationReserve 2023-11-30 00574826 frs-core:RevaluationReserve 2024-11-30 00574826 frs-core:ShareCapital 2024-11-30 00574826 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 00574826 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 00574826 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 00574826 frs-bus:SmallEntities 2023-12-01 2024-11-30 00574826 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 00574826 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 00574826 frs-bus:Director1 2023-12-01 2024-11-30 00574826 frs-bus:Director2 2023-12-01 2024-11-30 00574826 frs-bus:Director3 2023-12-01 2024-11-30 00574826 frs-bus:Director4 2023-12-01 2024-11-30 00574826 frs-core:CurrentFinancialInstruments 1 2024-11-30 00574826 frs-core:CurrentFinancialInstruments 5 2024-11-30 00574826 frs-countries:EnglandWales 2023-12-01 2024-11-30 00574826 2022-11-30 00574826 2023-11-30 00574826 2022-12-01 2023-11-30 00574826 frs-core:CurrentFinancialInstruments 2023-11-30 00574826 frs-core:Non-currentFinancialInstruments 2023-11-30 00574826 frs-core:RevaluationReserve 2023-11-30 00574826 frs-core:ShareCapital 2023-11-30 00574826 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 00574826 frs-core:CurrentFinancialInstruments 1 2023-11-30 00574826 frs-core:CurrentFinancialInstruments 5 2023-11-30
Registered number: 00574826
R.Agius (Scooters) Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Walden Way & Co
Chartered Certified Accountants & Registered Auditors
Unit A3, Gateway Tower
32 Western Gateway
London
E16 1YL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 00574826
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 314,781 317,148
314,781 317,148
CURRENT ASSETS
Stocks 5 37,616 35,074
Debtors 6 18,248 15,527
Cash at bank and in hand 31,732 31,293
87,596 81,894
Creditors: Amounts Falling Due Within One Year 7 (178,103 ) (187,960 )
NET CURRENT ASSETS (LIABILITIES) (90,507 ) (106,066 )
TOTAL ASSETS LESS CURRENT LIABILITIES 224,274 211,082
Creditors: Amounts Falling Due After More Than One Year 8 (24,177 ) (29,962 )
NET ASSETS 200,097 181,120
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 289,426 289,426
Profit and Loss Account (89,429 ) (108,406 )
SHAREHOLDERS' FUNDS 200,097 181,120
Page 1
Page 2
For the year ending 30 November 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 Barbara Agius
Director
13/08/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R.Agius (Scooters) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00574826 . The registered office is 363 Edgware Road, London, W2 1BS.
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.
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:
Freehold Not Depreciated
Plant & Machinery 25 % Reducing Balance
Motor Vehicles 25 % Reducing Balance
Fixtures & Fittings 25 % Reducing Balance
Computer Equipment 25 % Reducing 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 6)
6 6
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 310,647 60,233 24,196 520 395,596
As at 30 November 2024 310,647 60,233 24,196 520 395,596
Depreciation
As at 1 December 2023 2,967 58,639 16,541 301 78,448
Provided during the period - 399 1,914 54 2,367
As at 30 November 2024 2,967 59,038 18,455 355 80,815
...CONTINUED
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Page 4
Net Book Value
As at 30 November 2024 307,680 1,195 5,741 165 314,781
As at 1 December 2023 307,680 1,594 7,655 219 317,148
5. Stocks
2024 2023
£ £
Closing stock (B/S) 37,616 35,074
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,549 5,150
Prepayments and accrued income 4,699 10,377
18,248 15,527
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 50,353 65,011
Bank loans and overdrafts 7,235 7,034
Other taxes and social security 784 161
VAT 12,877 5,368
Net wages - 659
Other creditors (1) 45,911 45,911
Pension costs (Current liabilities - creditors < 1 year) (21 ) (56 )
Accruals and deferred income 1,820 1,770
Directors' loan accounts 59,144 62,102
178,103 187,960
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 24,177 29,962
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Revaluation Reserve
£
As at 1 December 2023 289,426
As at 30 November 2024 289,426
Page 4