Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 NI630340 Mr Cyril Cardy Mr Phillip Cardy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI630340 2024-03-31 NI630340 2025-03-31 NI630340 2024-04-01 2025-03-31 NI630340 frs-core:CurrentFinancialInstruments 2025-03-31 NI630340 frs-core:Non-currentFinancialInstruments 2025-03-31 NI630340 frs-core:ComputerEquipment 2025-03-31 NI630340 frs-core:ComputerEquipment 2024-04-01 2025-03-31 NI630340 frs-core:ComputerEquipment 2024-03-31 NI630340 frs-core:FurnitureFittings 2025-03-31 NI630340 frs-core:FurnitureFittings 2024-04-01 2025-03-31 NI630340 frs-core:FurnitureFittings 2024-03-31 NI630340 frs-core:MotorVehicles 2025-03-31 NI630340 frs-core:MotorVehicles 2024-04-01 2025-03-31 NI630340 frs-core:MotorVehicles 2024-03-31 NI630340 frs-core:PlantMachinery 2025-03-31 NI630340 frs-core:PlantMachinery 2024-04-01 2025-03-31 NI630340 frs-core:PlantMachinery 2024-03-31 NI630340 frs-core:ShareCapital 2025-03-31 NI630340 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI630340 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI630340 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 NI630340 frs-bus:SmallEntities 2024-04-01 2025-03-31 NI630340 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 NI630340 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI630340 frs-bus:Director1 2024-04-01 2025-03-31 NI630340 frs-bus:Director2 2024-04-01 2025-03-31 NI630340 frs-countries:NorthernIreland 2024-04-01 2025-03-31 NI630340 2023-03-31 NI630340 2024-03-31 NI630340 2023-04-01 2024-03-31 NI630340 frs-core:CurrentFinancialInstruments 2024-03-31 NI630340 frs-core:Non-currentFinancialInstruments 2024-03-31 NI630340 frs-core:ShareCapital 2024-03-31 NI630340 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: NI630340
Richardson Cardy Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI630340
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,927 29,039
21,927 29,039
CURRENT ASSETS
Stocks 5 61,750 122,500
Debtors 6 108,856 13,327
Cash at bank and in hand 83,668 162,274
254,274 298,101
Creditors: Amounts Falling Due Within One Year 7 (41,721 ) (59,164 )
NET CURRENT ASSETS (LIABILITIES) 212,553 238,937
TOTAL ASSETS LESS CURRENT LIABILITIES 234,480 267,976
Creditors: Amounts Falling Due After More Than One Year 8 (1,188 ) (19,486 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,947 ) (9,947 )
NET ASSETS 223,345 238,543
CAPITAL AND RESERVES
Called up share capital 9 40 20
Profit and Loss Account 223,305 238,523
SHAREHOLDERS' FUNDS 223,345 238,543
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 Phillip Cardy
Director
29th 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
Richardson Cardy Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI630340 . The registered office is 48 Bachelors Walk, Lisburn, BT28 1XN.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 20% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 20% Reducing Balance
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. 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: 5 (2024: 5)
5 5
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 50,945 4,200 43,162 4,020 102,327
As at 31 March 2025 50,945 4,200 43,162 4,020 102,327
Depreciation
As at 1 April 2024 38,345 4,200 26,723 4,020 73,288
Provided during the period 4,200 - 2,912 - 7,112
As at 31 March 2025 42,545 4,200 29,635 4,020 80,400
Net Book Value
As at 31 March 2025 8,400 - 13,527 - 21,927
As at 1 April 2024 12,600 - 16,439 - 29,039
5. Stocks
2025 2024
£ £
Stock 61,750 122,500
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 106,929 13,327
VAT 1,927 -
108,856 13,327
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 15,672 9,049
Bank loans and overdrafts 7,996 7,996
Corporation tax 12,277 27,248
Other taxes and social security 5,776 5,976
VAT - 8,895
41,721 59,164
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,188 19,486
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Page 5
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 40 20
Page 5