Acorah Software Products - Accounts Production 16.3.350 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 11692292 Mr Adam Caird Mr Sam Allen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11692292 2023-11-30 11692292 2024-11-30 11692292 2023-12-01 2024-11-30 11692292 frs-core:CurrentFinancialInstruments 2024-11-30 11692292 frs-core:Non-currentFinancialInstruments 2024-11-30 11692292 frs-core:ComputerEquipment 2024-11-30 11692292 frs-core:ComputerEquipment 2023-12-01 2024-11-30 11692292 frs-core:ComputerEquipment 2023-11-30 11692292 frs-core:FurnitureFittings 2024-11-30 11692292 frs-core:FurnitureFittings 2023-12-01 2024-11-30 11692292 frs-core:FurnitureFittings 2023-11-30 11692292 frs-core:MotorVehicles 2024-11-30 11692292 frs-core:MotorVehicles 2023-12-01 2024-11-30 11692292 frs-core:MotorVehicles 2023-11-30 11692292 frs-core:ShareCapital 2024-11-30 11692292 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 11692292 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11692292 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 11692292 frs-bus:SmallEntities 2023-12-01 2024-11-30 11692292 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11692292 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11692292 frs-core:ListedExchangeTraded 2024-11-30 11692292 frs-core:ListedExchangeTraded 2023-11-30 11692292 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-11-30 11692292 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-11-30 11692292 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-11-30 11692292 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-11-30 11692292 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-11-30 11692292 frs-bus:Director1 2023-12-01 2024-11-30 11692292 frs-bus:Director1 2023-11-30 11692292 frs-bus:Director1 2024-11-30 11692292 frs-bus:Director2 2023-12-01 2024-11-30 11692292 frs-bus:Director2 2023-11-30 11692292 frs-bus:Director2 2024-11-30 11692292 frs-core:CurrentFinancialInstruments 1 2024-11-30 11692292 frs-core:CurrentFinancialInstruments 2 2024-11-30 11692292 frs-core:CurrentFinancialInstruments 3 2024-11-30 11692292 frs-core:CurrentFinancialInstruments 4 2024-11-30 11692292 frs-core:CurrentFinancialInstruments 5 2024-11-30 11692292 frs-countries:EnglandWales 2023-12-01 2024-11-30 11692292 2022-11-30 11692292 2023-11-30 11692292 2022-12-01 2023-11-30 11692292 frs-core:CurrentFinancialInstruments 2023-11-30 11692292 frs-core:Non-currentFinancialInstruments 2023-11-30 11692292 frs-core:ShareCapital 2023-11-30 11692292 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11692292 frs-core:CurrentFinancialInstruments 1 2023-11-30 11692292 frs-core:CurrentFinancialInstruments 2 2023-11-30 11692292 frs-core:CurrentFinancialInstruments 3 2023-11-30 11692292 frs-core:CurrentFinancialInstruments 4 2023-11-30 11692292 frs-core:CurrentFinancialInstruments 5 2023-11-30
Registered number: 11692292
R.T.L Group Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Simon and Co Accountancy Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11692292
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 98,244 71,655
Investments 5 - 47,000
98,244 118,655
CURRENT ASSETS
Debtors 6 666,205 594,271
Cash at bank and in hand 446,946 358,892
1,113,151 953,163
Creditors: Amounts Falling Due Within One Year 7 (926,942 ) (772,436 )
NET CURRENT ASSETS (LIABILITIES) 186,209 180,727
TOTAL ASSETS LESS CURRENT LIABILITIES 284,453 299,382
NET ASSETS 284,453 299,382
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 284,353 299,282
SHAREHOLDERS' FUNDS 284,453 299,382
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
Mr Adam Caird
Director
Mr Sam Allen
Director
27/08/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R.T.L Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11692292 . The registered office is 92a High Street, Orpington, Kent, BR6 0JY.
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 20% Reducing balance method
Fixtures & Fittings 25% Straight Line method
Computer Equipment 33% Straight Line method
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.
...CONTINUED
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2.4. Taxation - continued
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: 25 (2023: 25)
25 25
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2023 87,323 24,806 37,337 149,466
Additions 33,918 7,661 9,465 51,044
As at 30 November 2024 121,241 32,467 46,802 200,510
Depreciation
As at 1 December 2023 31,436 13,942 32,433 77,811
Provided during the period 12,308 6,548 5,599 24,455
As at 30 November 2024 43,744 20,490 38,032 102,266
Net Book Value
As at 30 November 2024 77,497 11,977 8,770 98,244
As at 1 December 2023 55,887 10,864 4,904 71,655
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5. Investments
Listed
£
Cost
As at 1 December 2023 47,000
Disposals (47,000 )
As at 30 November 2024 -
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 -
As at 1 December 2023 47,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 51,000 70,863
Prepayments and accrued income 27,543 2,841
Other debtors 149,682 85,883
Other debtors (1) 49,652 38,851
Other debtors (2) 130 2,005
Other debtors (3) 226,008 293,555
Net wages 173 -
Directors' loan accounts 151,216 100,273
655,404 594,271
Due after more than one year
Corporation tax recoverable assets 10,801 -
666,205 594,271
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Page 6
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 36,049 18,132
Bank loans and overdrafts 15,000 25,000
Corporation tax 187,616 169,161
Other taxes and social security 292,429 100,392
VAT 240,720 340,722
Credit Card 14,034 3,415
Pension payable 3,009 1,945
Other creditors (2) 1,980 1,980
Other creditors (3) 55,065 65,668
Other creditors (4) 37,126 28,021
Other creditors (5) 38,314 -
Accruals and deferred income 1,000 1,000
Intercompany - R.E.C Group Ltd 4,600 17,000
926,942 772,436
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2023 Amounts advanced Amounts repaid Amounts written off As at 30 November 2024
£ £ £ £ £
Mr Adam Caird 39,869 24,217 - - 64,086
Mr Sam Allen 60,404 26,725 - - 87,130
The above loan is unsecured, interest charged at 2%.
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