Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08272209 Mr Rick Evershed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08272209 2023-12-31 08272209 2024-12-31 08272209 2024-01-01 2024-12-31 08272209 frs-core:CurrentFinancialInstruments 2024-12-31 08272209 frs-core:ShareCapital 2024-12-31 08272209 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08272209 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08272209 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08272209 frs-bus:SmallEntities 2024-01-01 2024-12-31 08272209 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08272209 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08272209 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 08272209 frs-bus:OrdinaryShareClass1 2024-12-31 08272209 frs-core:UnlistedNon-exchangeTraded 2024-12-31 08272209 frs-core:UnlistedNon-exchangeTraded 2023-12-31 08272209 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 08272209 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 08272209 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 08272209 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 08272209 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 08272209 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 08272209 frs-bus:Director1 2024-01-01 2024-12-31 08272209 frs-countries:EnglandWales 2024-01-01 2024-12-31 08272209 2022-12-31 08272209 2023-12-31 08272209 2023-01-01 2023-12-31 08272209 frs-core:CurrentFinancialInstruments 2023-12-31 08272209 frs-core:ShareCapital 2023-12-31 08272209 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08272209 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 08272209
RHE Trading Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Montacs
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08272209
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 3,813,041 3,348,374
3,813,041 3,348,374
CURRENT ASSETS
Cash at bank and in hand 4,625 4,625
4,625 4,625
Creditors: Amounts Falling Due Within One Year 5 (364,770 ) (649,152 )
NET CURRENT ASSETS (LIABILITIES) (360,145 ) (644,527 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,452,896 2,703,847
NET ASSETS 3,452,896 2,703,847
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 3,452,796 2,703,747
SHAREHOLDERS' FUNDS 3,452,896 2,703,847
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 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 Rick Evershed
Director
14/03/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
RHE Trading Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08272209 . The registered office is Britannia House, John Boyle Road, Middlesborough, Cleveland, TS6 6TY.
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 as the profit share from Metador partnership in which RHE Trading Ltd is a corporate partner.
2.3. 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: 2 (2023: 2)
2 2
4. Investments
Unlisted
£
Cost
As at 1 January 2024 3,348,374
Additions 1,399,429
Disposals (934,762 )
As at 31 December 2024 3,813,041
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 3,813,041
As at 1 January 2024 3,348,374
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 363,726 319,571
Other creditors - 328,433
Accruals and deferred income 1,043 1,148
Director's loan account 1 -
364,770 649,152
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.000 each 100 100
7. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 260,279 82,340
Page 3