Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04246394 Mr. Robert Perry Mr Rupert Perry Mrs. Enid Perry Mrs. Enid Perry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04246394 2023-12-31 04246394 2024-12-31 04246394 2024-01-01 2024-12-31 04246394 frs-core:CurrentFinancialInstruments 2024-12-31 04246394 frs-core:Non-currentFinancialInstruments 2024-12-31 04246394 frs-core:ComputerEquipment 2024-12-31 04246394 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04246394 frs-core:ComputerEquipment 2023-12-31 04246394 frs-core:FurnitureFittings 2024-12-31 04246394 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04246394 frs-core:FurnitureFittings 2023-12-31 04246394 frs-core:NetGoodwill 2024-12-31 04246394 frs-core:NetGoodwill 2024-01-01 2024-12-31 04246394 frs-core:NetGoodwill 2023-12-31 04246394 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 04246394 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04246394 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 04246394 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 04246394 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04246394 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 04246394 frs-core:MotorVehicles 2024-12-31 04246394 frs-core:MotorVehicles 2024-01-01 2024-12-31 04246394 frs-core:MotorVehicles 2023-12-31 04246394 frs-core:PlantMachinery 2024-12-31 04246394 frs-core:PlantMachinery 2024-01-01 2024-12-31 04246394 frs-core:PlantMachinery 2023-12-31 04246394 frs-core:ShareCapital 2024-12-31 04246394 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04246394 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04246394 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04246394 frs-bus:SmallEntities 2024-01-01 2024-12-31 04246394 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04246394 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04246394 frs-bus:OrdinaryShareClass2 2024-01-01 2024-12-31 04246394 frs-bus:OrdinaryShareClass2 2024-12-31 04246394 frs-bus:OrdinaryShareClass3 2024-01-01 2024-12-31 04246394 frs-bus:OrdinaryShareClass3 2024-12-31 04246394 frs-bus:Director1 2024-01-01 2024-12-31 04246394 frs-bus:Director2 2024-01-01 2024-12-31 04246394 frs-bus:Director3 2024-01-01 2024-12-31 04246394 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 04246394 frs-core:CurrentFinancialInstruments 1 2024-12-31 04246394 frs-core:CurrentFinancialInstruments 2 2024-12-31 04246394 frs-countries:EnglandWales 2024-01-01 2024-12-31 04246394 2022-12-31 04246394 2023-12-31 04246394 2023-01-01 2023-12-31 04246394 frs-core:CurrentFinancialInstruments 2023-12-31 04246394 frs-core:Non-currentFinancialInstruments 2023-12-31 04246394 frs-core:ShareCapital 2023-12-31 04246394 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04246394 frs-bus:OrdinaryShareClass2 2023-01-01 2023-12-31 04246394 frs-bus:OrdinaryShareClass3 2023-01-01 2023-12-31 04246394 frs-core:CurrentFinancialInstruments 1 2023-12-31 04246394 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 04246394
Rob Perry Marine Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Advoco (SW) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04246394
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1 1
Tangible Assets 5 279,451 268,167
279,452 268,168
CURRENT ASSETS
Stocks 6 335,248 355,186
Debtors 7 299,876 233,214
Investments 8 100 100
Cash at bank and in hand 163,658 305,331
798,882 893,831
Creditors: Amounts Falling Due Within One Year 9 (438,668 ) (465,140 )
NET CURRENT ASSETS (LIABILITIES) 360,214 428,691
TOTAL ASSETS LESS CURRENT LIABILITIES 639,666 696,859
Creditors: Amounts Falling Due After More Than One Year 10 (181,129 ) (301,698 )
NET ASSETS 458,537 395,161
CAPITAL AND RESERVES
Called up share capital 11 300 300
Profit and Loss Account 458,237 394,861
SHAREHOLDERS' FUNDS 458,537 395,161
Page 1
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 Rupert Perry
Director
29 September 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
Rob Perry Marine Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04246394 . The registered office is 14a Albany Road, Weymouth, Dorset, DT4 9TH.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised
evenly over its estimated useful life of ten years.
2.4. 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 10% on cost
Leasehold in accordance with the property
Plant & Machinery 15% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on reducing balance
2.5. 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.
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2.6. 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: 7 (2023: 7)
7 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 30,000
As at 31 December 2024 30,000
Amortisation
As at 1 January 2024 29,999
As at 31 December 2024 29,999
Net Book Value
As at 31 December 2024 1
As at 1 January 2024 1
5. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 January 2024 78,055 15,905 302,847 14,242
Additions - - 18,375 -
As at 31 December 2024 78,055 15,905 321,222 14,242
...CONTINUED
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Page 5
Depreciation
As at 1 January 2024 - 15,905 117,990 13,666
Provided during the period - - 30,815 144
As at 31 December 2024 - 15,905 148,805 13,810
Net Book Value
As at 31 December 2024 78,055 - 172,417 432
As at 1 January 2024 78,055 - 184,857 576
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 10,912 14,163 436,124
Additions 24,801 982 44,158
As at 31 December 2024 35,713 15,145 480,282
Depreciation
As at 1 January 2024 7,405 12,991 167,957
Provided during the period 1,287 628 32,874
As at 31 December 2024 8,692 13,619 200,831
Net Book Value
As at 31 December 2024 27,021 1,526 279,451
As at 1 January 2024 3,507 1,172 268,167
6. Stocks
2024 2023
£ £
Stock 285,248 231,385
Work in progress 50,000 123,801
335,248 355,186
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 87,154 49,198
Prepayments and accrued income 3,198 3,442
Other debtors 209,524 180,574
299,876 233,214
8. Current Asset Investments
2024 2023
£ £
Shares in subsidiaries 100 100
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9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 95,305 95,241
Other loans - 1,233
Corporation tax liability 9,673 9,578
Social security and other tax 5,137 4,020
VAT 30,429 238
Other creditors 29,523 28,694
Credit card 4,302 2,014
Pension 955 587
Accrued expenses 60,705 51,035
Directors' loan accounts 202,639 272,500
438,668 465,140
10. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans. 14,791 24,145
Other creditors 72,286 -
Accruals and deferred income 94,052 277,553
181,129 301,698
11. Share Capital
2024 2023
Allotted, called up but not fully paid £ £
200 Ordinary A shares of £ 1.00 each 200 200
100 Ordinary B shares of £ 1.00 each 100 100
300 300
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