Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 NI022440 Mr Patrick McArdle Mr Andrew McArdle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI022440 2024-03-31 NI022440 2025-03-31 NI022440 2024-04-01 2025-03-31 NI022440 frs-core:CurrentFinancialInstruments 2025-03-31 NI022440 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 NI022440 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 NI022440 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 NI022440 frs-core:MotorVehicles 2025-03-31 NI022440 frs-core:MotorVehicles 2024-04-01 2025-03-31 NI022440 frs-core:MotorVehicles 2024-03-31 NI022440 frs-core:PlantMachinery 2025-03-31 NI022440 frs-core:PlantMachinery 2024-04-01 2025-03-31 NI022440 frs-core:PlantMachinery 2024-03-31 NI022440 frs-core:ShareCapital 2025-03-31 NI022440 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI022440 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI022440 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 NI022440 frs-bus:SmallEntities 2024-04-01 2025-03-31 NI022440 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 NI022440 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI022440 frs-bus:Director1 2024-04-01 2025-03-31 NI022440 frs-bus:Director2 2024-04-01 2025-03-31 NI022440 frs-countries:NorthernIreland 2024-04-01 2025-03-31 NI022440 2023-03-31 NI022440 2024-03-31 NI022440 2023-04-01 2024-03-31 NI022440 frs-core:CurrentFinancialInstruments 2024-03-31 NI022440 frs-core:ShareCapital 2024-03-31 NI022440 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: NI022440
Reen Compost Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NI022440
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 214,192 208,066
214,192 208,066
CURRENT ASSETS
Debtors 5 31,303 27,392
Cash at bank and in hand 41,476 54,058
72,779 81,450
Creditors: Amounts Falling Due Within One Year 6 (42,582 ) (52,581 )
NET CURRENT ASSETS (LIABILITIES) 30,197 28,869
TOTAL ASSETS LESS CURRENT LIABILITIES 244,389 236,935
PROVISIONS FOR LIABILITIES
Deferred Taxation (835 ) (835 )
NET ASSETS 243,554 236,100
CAPITAL AND RESERVES
Called up share capital 7 100,000 100,000
Profit and Loss Account 143,554 136,100
SHAREHOLDERS' FUNDS 243,554 236,100
Page 1
Page 2
For the year ending 31 March 2025 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 Patrick McArdle
Director
02/10/2025
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
Reen Compost Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI022440 . The registered office is 19 Mullanary Road, Reen, Middletown, Co. Armagh, BT60 4HW.
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:
Freehold 2% Reducing Balance
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: )
3 -
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 April 2024 385,876 50,387 45,262 481,525
Additions - 14,600 - 14,600
Disposals - (1,000 ) - (1,000 )
As at 31 March 2025 385,876 63,987 45,262 495,125
Depreciation
As at 1 April 2024 181,105 47,567 44,787 273,459
Provided during the period 4,095 3,284 95 7,474
As at 31 March 2025 185,200 50,851 44,882 280,933
...CONTINUED
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Net Book Value
As at 31 March 2025 200,676 13,136 380 214,192
As at 1 April 2024 204,771 2,820 475 208,066
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 31,303 27,392
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 6,536 10,115
Bank loans and overdrafts 7,682 13,766
Other creditors 23,891 23,791
Taxation and social security 4,473 4,909
42,582 52,581
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100,000 100,000
Page 4