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Registered number: 11231403
Rapimech Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
APH Accountants Ltd
Chartered Management Accountants
259 Wallasey Village
Wallasey
Merseyside
CH45 3LR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11231403
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 154,075 155,695
154,075 155,695
CURRENT ASSETS
Debtors 5 1,217,887 673,406
Cash at bank and in hand 407,504 184,884
1,625,391 858,290
Creditors: Amounts Falling Due Within One Year 6 (317,385 ) (107,804 )
NET CURRENT ASSETS (LIABILITIES) 1,308,006 750,486
TOTAL ASSETS LESS CURRENT LIABILITIES 1,462,081 906,181
Creditors: Amounts Falling Due After More Than One Year 7 (88,656 ) (18,310 )
NET ASSETS 1,373,425 887,871
CAPITAL AND RESERVES
Called up share capital 8 8 8
Profit and Loss Account 1,373,417 887,863
SHAREHOLDERS' FUNDS 1,373,425 887,871
Page 1
Page 2
For the year ending 31 March 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
Mr Stephen Henderson
Director
27th August 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rapimech Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11231403 . The registered office is Unit 2 Alfred Road, Wallasey Wirral, Merseyside, CH44 7HY.
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 33% on cost
Motor Vehicles 20% on cost
Fixtures & Fittings 20% on cost
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.
...CONTINUED
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2.4. Taxation - continued
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 assets reflect 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 and deferred tax are 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.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2025: 9)
12 9
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2025 63,835 238,810 18,642 321,287
Additions 5,816 63,215 719 69,750
As at 31 March 2026 69,651 302,025 19,361 391,037
...CONTINUED
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Depreciation
As at 1 April 2025 38,371 115,408 11,813 165,592
Provided during the period 15,249 52,249 3,872 71,370
As at 31 March 2026 53,620 167,657 15,685 236,962
Net Book Value
As at 31 March 2026 16,031 134,368 3,676 154,075
As at 1 April 2025 25,464 123,402 6,829 155,695
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 578,484 275,478
Prepayments and accrued income 1,737 -
Other debtors 635,666 397,928
Other debtors (1) 2,000 -
1,217,887 673,406
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 15,879 (3,309 )
Bank loans and overdrafts 43,869 21,245
Corporation tax 219,407 43,148
Other taxes and social security 36,975 43,057
Other creditors - 2,130
Accruals and deferred income 1,255 1,225
Directors' loan accounts - 308
317,385 107,804
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 88,656 18,310
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8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 8 8
Page 6