Acorah Software Products - Accounts Production 19.2.450 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 10028997 Ms Pauline Price Mr Daniel Price iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10028997 2025-02-28 10028997 2026-02-28 10028997 2025-03-01 2026-02-28 10028997 frs-core:CurrentFinancialInstruments 2026-02-28 10028997 frs-core:ComputerEquipment 2026-02-28 10028997 frs-core:ComputerEquipment 2025-03-01 2026-02-28 10028997 frs-core:ComputerEquipment 2025-02-28 10028997 frs-core:NetGoodwill 2026-02-28 10028997 frs-core:NetGoodwill 2025-03-01 2026-02-28 10028997 frs-core:NetGoodwill 2025-02-28 10028997 frs-core:MotorVehicles 2026-02-28 10028997 frs-core:MotorVehicles 2025-03-01 2026-02-28 10028997 frs-core:MotorVehicles 2025-02-28 10028997 frs-core:PlantMachinery 2026-02-28 10028997 frs-core:PlantMachinery 2025-03-01 2026-02-28 10028997 frs-core:PlantMachinery 2025-02-28 10028997 frs-core:ShareCapital 2026-02-28 10028997 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 10028997 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 10028997 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 10028997 frs-bus:SmallEntities 2025-03-01 2026-02-28 10028997 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 10028997 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 10028997 frs-bus:OrdinaryShareClass1 2025-03-01 2026-02-28 10028997 frs-bus:OrdinaryShareClass1 2026-02-28 10028997 frs-bus:Director1 2025-03-01 2026-02-28 10028997 frs-bus:Director2 2025-03-01 2026-02-28 10028997 frs-countries:EnglandWales 2025-03-01 2026-02-28 10028997 2024-02-29 10028997 2025-02-28 10028997 2024-03-01 2025-02-28 10028997 frs-core:CurrentFinancialInstruments 2025-02-28 10028997 frs-core:ShareCapital 2025-02-28 10028997 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 10028997 frs-bus:OrdinaryShareClass1 2024-03-01 2025-02-28
Registered number: 10028997
Rutland Sheds Limited
Unaudited Financial Statements
For The Year Ended 28 February 2026
Weatherer Bailey Bragg
Chartered Accountants
100 Boldmere Road
Sutton Coldfield
West Midlands
B73 5UB
Rutland Sheds Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Rutland Sheds Limited
Balance Sheet
As At 28 February 2026
Balance Sheet
Registered number: 10028997

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | - |  | 4,173
Tangible Assets | 5 |  | 9,228 |  | 11,539
|  |  | 9,228 |  | 15,712
CURRENT ASSETS
Stocks | 6 | 32,795 |  | 24,975 |
Debtors | 7 | 46,610 |  | 50,314 |
Cash at bank and in hand |  | 257,906 |  | 255,098 |
|  | 337,311 |  | 330,387 |
Creditors: Amounts Falling Due Within One Year | 8 | (94,707 ) |  | (105,388 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 242,604 |  | 224,999
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 251,832 |  | 240,711
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (2,307 ) |  | (2,769 )
NET ASSETS |  |  | 249,525 |  | 237,942
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | 249,425 |  | 237,842
SHAREHOLDERS' FUNDS |  |  | 249,525 |  | 237,942

Page 1
Page 2
Rutland Sheds Limited
Balance Sheet (continued)
As At 28 February 2026
For the year ending 28 February 2026 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

Ms Pauline Price Director
24th July 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Rutland Sheds Limited
Notes to the Financial Statements
For The Year Ended 28 February 2026
Notes to the Financial Statements
1. General Information
Rutland Sheds Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10028997 . The registered office is 124-126 Sandon Road , Smethwick, Warley, West Midlands, B66 4AB.
The presentation currency of the financial statements is in the Pound Sterling (£).
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised to the profit and loss account evenly over its estimated economic life of ten years.
2.4. 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% on reducing balance
Motor Vehicles | 25% on reducing balance
Computer Equipment | 33.3% on cost

2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for damaged, obsolete and slow-moving stocks. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.
Page 3
Page 4
Rutland Sheds Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2025: 13)
12 13
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 March 2025 | 41,735
As at 28 February 2026 | 41,735
Amortisation
As at 1 March 2025 | 37,562
Provided during the period | 4,173
As at 28 February 2026 | 41,735
Net Book Value
As at 28 February 2026 | -
As at 1 March 2025 | 4,173

Page 4
Page 5
Rutland Sheds Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
5. Tangible Assets

| Plant & Machinery | Motor Vehicles | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 March 2025 | 11,086 | 40,578 | 664 | 52,328
As at 28 February 2026 | 11,086 | 40,578 | 664 | 52,328
Depreciation
As at 1 March 2025 | 5,333 | 34,792 | 664 | 40,789
Provided during the period | 863 | 1,448 | - | 2,311
As at 28 February 2026 | 6,196 | 36,240 | 664 | 43,100
Net Book Value
As at 28 February 2026 | 4,890 | 4,338 | - | 9,228
As at 1 March 2025 | 5,753 | 5,786 | - | 11,539

6. Stocks

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Stock | 32,795 |  | 24,975

7. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 30,000 |  | 34,925
Prepayments and accrued income | 3,459 |  | 3,328
Directors' loan accounts | 13,151 |  | 12,061
| 46,610 |  | 50,314

Page 5
Page 6
Rutland Sheds Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
8. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 30,770 |  | 25,172
Corporation tax | 38,020 |  | 56,009
Social security and other taxes | 4,038 |  | 2,681
VAT | 17,876 |  | 18,426
Other creditors | - |  | (901 )
Accrued expenses | 3,982 |  | 4,001
Directors' loan accounts | 21 |  | -
| 94,707 |  | 105,388

9. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100 Ordinary Shares of £ 1.00 each | 100 |  | 100

10. Pension Commitments
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.
11. Directors Advances, Credits and Guarantees
The following advances and credits to directors subsisted during the year ended 28 February 2026:

| As at 1 March 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 28 February 2026
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Errol Grant | 607 | 45,222 | (45,850) | - | (21)
Mr Neville Price | 11,454 | 47,547 | (45,850) | - | 13,151

No interest is charged on loans from directors. Amounts are repayable on demand.
Page 6