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 NI651710 Mr Paul Russell Mr Martin Russell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI651710 2024-03-31 NI651710 2025-03-31 NI651710 2024-04-01 2025-03-31 NI651710 frs-core:CurrentFinancialInstruments 2025-03-31 NI651710 frs-core:Non-currentFinancialInstruments 2025-03-31 NI651710 frs-core:BetweenOneFiveYears 2025-03-31 NI651710 frs-core:ComputerEquipment 2025-03-31 NI651710 frs-core:ComputerEquipment 2024-04-01 2025-03-31 NI651710 frs-core:ComputerEquipment 2024-03-31 NI651710 frs-core:MotorVehicles 2025-03-31 NI651710 frs-core:MotorVehicles 2024-04-01 2025-03-31 NI651710 frs-core:MotorVehicles 2024-03-31 NI651710 frs-core:PlantMachinery 2025-03-31 NI651710 frs-core:PlantMachinery 2024-04-01 2025-03-31 NI651710 frs-core:PlantMachinery 2024-03-31 NI651710 frs-core:OtherReservesSubtotal 2025-03-31 NI651710 frs-core:ShareCapital 2025-03-31 NI651710 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI651710 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI651710 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 NI651710 frs-bus:SmallEntities 2024-04-01 2025-03-31 NI651710 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 NI651710 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI651710 frs-bus:Director1 2024-04-01 2025-03-31 NI651710 frs-bus:Director2 2024-04-01 2025-03-31 NI651710 frs-countries:NorthernIreland 2024-04-01 2025-03-31 NI651710 2023-03-31 NI651710 2024-03-31 NI651710 2023-04-01 2024-03-31 NI651710 frs-core:CurrentFinancialInstruments 2024-03-31 NI651710 frs-core:Non-currentFinancialInstruments 2024-03-31 NI651710 frs-core:BetweenOneFiveYears 2024-03-31 NI651710 frs-core:OtherReservesSubtotal 2024-03-31 NI651710 frs-core:ShareCapital 2024-03-31 NI651710 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: NI651710
Russell Roofing Belfast Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Clarke&Co. Accountant's
53 Andersonstown Road
Belfast
Antrim
BT11 9AG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI651710
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 188,736 158,650
188,736 158,650
CURRENT ASSETS
Stocks 5 5,950 5,950
Debtors 6 203,230 198,587
Cash at bank and in hand 249,157 78,280
458,337 282,817
Creditors: Amounts Falling Due Within One Year 7 (140,380 ) (113,234 )
NET CURRENT ASSETS (LIABILITIES) 317,957 169,583
TOTAL ASSETS LESS CURRENT LIABILITIES 506,693 328,233
Creditors: Amounts Falling Due After More Than One Year 8 (29,266 ) (21,170 )
NET ASSETS 477,427 307,063
CAPITAL AND RESERVES
Called up share capital 10 10 10
Other reserves 65,000 -
Profit and Loss Account 412,417 307,053
SHAREHOLDERS' FUNDS 477,427 307,063
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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 Paul Russell
Director
Mr Martin Russell
Director
14 December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Russell Roofing Belfast Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI651710 . The registered office is 53 Andersonstown Road, Belfast, Antrim, BT11 9AG.
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 15% Reducing Balance
Motor Vehicles 20% Reducing Balance
Computer Equipment 15% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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.
2.6. 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.
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2.7. 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 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 172,040 74,058 800 246,898
Additions 35,000 32,499 - 67,499
As at 31 March 2025 207,040 106,557 800 314,397
Depreciation
As at 1 April 2024 51,351 36,737 160 88,248
Provided during the period 23,353 13,964 96 37,413
As at 31 March 2025 74,704 50,701 256 125,661
Net Book Value
As at 31 March 2025 132,336 55,856 544 188,736
As at 1 April 2024 120,689 37,321 640 158,650
5. Stocks
2025 2024
£ £
Materials 5,950 5,950
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 98,899 91,013
Other debtors 104,331 93,106
VAT - 14,468
203,230 198,587
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 99,392 98,424
Corporation tax 25,009 10,519
Other taxes and social security 14,539 3,916
VAT 740 -
Accruals and deferred income 700 375
140,380 113,234
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 19,216 4,731
Bank loans 10,050 16,439
29,266 21,170
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 19,216 4,731
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
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