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 14378923 Mr Jiecheng Luo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14378923 2023-12-31 14378923 2024-12-31 14378923 2024-01-01 2024-12-31 14378923 frs-core:CurrentFinancialInstruments 2024-12-31 14378923 frs-core:ComputerEquipment 2024-12-31 14378923 frs-core:ComputerEquipment 2024-01-01 2024-12-31 14378923 frs-core:ComputerEquipment 2023-12-31 14378923 frs-core:PlantMachinery 2024-12-31 14378923 frs-core:PlantMachinery 2024-01-01 2024-12-31 14378923 frs-core:PlantMachinery 2023-12-31 14378923 frs-core:ShareCapital 2024-12-31 14378923 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14378923 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14378923 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 14378923 frs-bus:SmallEntities 2024-01-01 2024-12-31 14378923 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14378923 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14378923 frs-bus:Director1 2024-01-01 2024-12-31 14378923 frs-countries:EnglandWales 2024-01-01 2024-12-31 14378923 2022-12-31 14378923 2023-12-31 14378923 2023-01-01 2023-12-31 14378923 frs-core:CurrentFinancialInstruments 2023-12-31 14378923 frs-core:ShareCapital 2023-12-31 14378923 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 14378923
Robosen Technologies Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14378923
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,612 275
12,612 275
CURRENT ASSETS
Stocks 5 547,096 835,771
Debtors 6 237,233 172,260
Cash at bank and in hand 324,449 102,911
1,108,778 1,110,942
Creditors: Amounts Falling Due Within One Year 7 (1,977,827 ) (1,617,779 )
NET CURRENT ASSETS (LIABILITIES) (869,049 ) (506,837 )
TOTAL ASSETS LESS CURRENT LIABILITIES (856,437 ) (506,562 )
NET LIABILITIES (856,437 ) (506,562 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (856,438 ) (506,563 )
SHAREHOLDERS' FUNDS (856,437) (506,562)
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 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 Jiecheng Luo
Director
26/09/2025
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
Robosen Technologies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14378923 . The registered office is Basepoint Business Centres, Stroudley Road, Basingstoke, RG24 8UP.
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 25% Straight line
Computer Equipment 25% Straight line
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.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 - 300 300
Additions 10,908 2,239 13,147
As at 31 December 2024 10,908 2,539 13,447
Depreciation
As at 1 January 2024 - 25 25
Provided during the period 555 255 810
As at 31 December 2024 555 280 835
Net Book Value
As at 31 December 2024 10,353 2,259 12,612
As at 1 January 2024 - 275 275
5. Stocks
2024 2023
£ £
Stock 547,096 835,771
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 236,727 166,762
Prepayments and accrued income 506 5,498
237,233 172,260
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,584,170 1,166,784
Bank loans and overdrafts 18 -
Other loans 278,121 406,710
Other taxes and social security 2,274 4,379
VAT 87,751 26,545
Other creditors 429 1,036
Accruals and deferred income 25,064 11,969
Director's loan account - 356
1,977,827 1,617,779
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4