Acorah Software Products - Accounts Production 16.8.310 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 08716308 Mr John Casey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08716308 2022-10-31 08716308 2023-10-31 08716308 2022-11-01 2023-10-31 08716308 frs-core:CurrentFinancialInstruments 2023-10-31 08716308 frs-core:ComputerEquipment 2023-10-31 08716308 frs-core:ComputerEquipment 2022-11-01 2023-10-31 08716308 frs-core:ComputerEquipment 2022-10-31 08716308 frs-core:MotorVehicles 2023-10-31 08716308 frs-core:MotorVehicles 2022-11-01 2023-10-31 08716308 frs-core:MotorVehicles 2022-10-31 08716308 frs-core:PlantMachinery 2023-10-31 08716308 frs-core:PlantMachinery 2022-11-01 2023-10-31 08716308 frs-core:PlantMachinery 2022-10-31 08716308 frs-core:ShareCapital 2023-10-31 08716308 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 08716308 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08716308 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 08716308 frs-bus:SmallEntities 2022-11-01 2023-10-31 08716308 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 08716308 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 08716308 frs-bus:Director1 2022-11-01 2023-10-31 08716308 frs-countries:EnglandWales 2022-11-01 2023-10-31 08716308 2021-10-31 08716308 2022-10-31 08716308 2021-11-01 2022-10-31 08716308 frs-core:CurrentFinancialInstruments 2022-10-31 08716308 frs-core:ShareCapital 2022-10-31 08716308 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 08716308
Rule 303 Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Hancock & Hastings Limited
Rule 303 Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Rule 303 Ltd
Balance Sheet
As At 31 October 2023
Balance Sheet
Registered number: 08716308

| 2023 | 2022
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,764 |  | 1,882
|  |  | 2,764 |  | 1,882
CURRENT ASSETS
Debtors | 5 | 137 |  | 863 |
Cash at bank and in hand |  | 97,811 |  | 142,296 |
|  | 97,948 |  | 143,159 |
Creditors: Amounts Falling Due Within One Year | 6 | (48,711 ) |  | (56,184 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 49,237 |  | 86,975
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 52,001 |  | 88,857
NET ASSETS |  |  | 52,001 |  | 88,857
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Profit and Loss Account |  |  | 51,901 |  | 88,757
SHAREHOLDERS' FUNDS |  |  | 52,001 |  | 88,857

For the year ending 31 October 2023 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 John Casey Director
09/01/2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Rule 303 Ltd
Notes to the Financial Statements
For The Year Ended 31 October 2023
Notes to the Financial Statements
1. General Information
Rule 303 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08716308 . The registered office is 46 Periwinkle Lane, Dunstable, Bedfordshire, LU6 3NP.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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% Reducing Balance Method
Motor Vehicles | 25% Reducing Balance Method
Computer Equipment | 33% Straight Line Method

2.4. 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.
Current tax is 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 was: 1 (2022: 1)
1 1
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 November 2022 | 8,564 | 1,500 | 3,236 | 13,300
Additions | 1,399 | - | - | 1,399
As at 31 October 2023 | 9,963 | 1,500 | 3,236 | 14,699
Depreciation
As at 1 November 2022 | 6,971 | 1,233 | 3,214 | 11,418
Provided during the period | 428 | 67 | 22 | 517
As at 31 October 2023 | 7,399 | 1,300 | 3,236 | 11,935

...CONTINUED
Page 2
Page 3
Rule 303 Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2023

Net Book Value
As at 31 October 2023 | 2,564 | 200 | - | 2,764
As at 1 November 2022 | 1,593 | 267 | 22 | 1,882

5. Debtors

| 2023 |  | 2022
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 137 |  | 863

6. Creditors: Amounts Falling Due Within One Year

| 2023 |  | 2022
--- | --- | --- | ---
| £ |  | £
Other creditors | 2,382 |  | 1,519
Taxation and social security | 46,329 |  | 54,665
| 48,711 |  | 56,184

7. Share Capital

| 2023 |  | 2022
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 3