Acorah Software Products - Accounts Production 19.4.351 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 06314212 W I Rickard A J O'Neil D Charlton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06314212 2024-10-31 06314212 2025-10-31 06314212 2024-11-01 2025-10-31 06314212 frs-core:CurrentFinancialInstruments 2025-10-31 06314212 frs-core:Non-currentFinancialInstruments 2025-10-31 06314212 frs-core:BetweenOneFiveYears 2025-10-31 06314212 frs-core:ComputerEquipment 2025-10-31 06314212 frs-core:ComputerEquipment 2024-11-01 2025-10-31 06314212 frs-core:ComputerEquipment 2024-10-31 06314212 frs-core:NetGoodwill 2025-10-31 06314212 frs-core:NetGoodwill 2024-11-01 2025-10-31 06314212 frs-core:NetGoodwill 2024-10-31 06314212 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-10-31 06314212 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 06314212 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 06314212 frs-core:MotorVehicles 2025-10-31 06314212 frs-core:MotorVehicles 2024-11-01 2025-10-31 06314212 frs-core:MotorVehicles 2024-10-31 06314212 frs-core:WithinOneYear 2025-10-31 06314212 frs-core:CapitalRedemptionReserve 2024-10-31 06314212 frs-core:CapitalRedemptionReserve 2025-10-31 06314212 frs-core:ShareCapital 2025-10-31 06314212 frs-core:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 06314212 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-10-31 06314212 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 06314212 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 06314212 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 06314212 frs-bus:SmallEntities 2024-11-01 2025-10-31 06314212 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 06314212 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 06314212 frs-bus:Director1 2024-11-01 2025-10-31 06314212 frs-bus:Director1 2024-10-31 06314212 frs-bus:Director1 2025-10-31 06314212 frs-bus:Director2 2024-11-01 2025-10-31 06314212 frs-bus:Director2 2024-10-31 06314212 frs-bus:Director2 2025-10-31 06314212 frs-bus:Director3 2024-11-01 2025-10-31 06314212 frs-countries:EnglandWales 2024-11-01 2025-10-31 06314212 2023-10-31 06314212 2024-10-31 06314212 2023-11-01 2024-10-31 06314212 frs-core:CurrentFinancialInstruments 2024-10-31 06314212 frs-core:Non-currentFinancialInstruments 2024-10-31 06314212 frs-core:BetweenOneFiveYears 2024-10-31 06314212 frs-core:WithinOneYear 2024-10-31 06314212 frs-core:CapitalRedemptionReserve 2024-10-31 06314212 frs-core:ShareCapital 2024-10-31 06314212 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 06314212
RICKARD 1936 LTD.
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 06314212
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 58,577 65,086
Tangible Assets 5 69,753 36,602
128,330 101,688
CURRENT ASSETS
Stocks 6 15,506 114,339
Debtors 7 61,935 85,322
Cash at bank and in hand 22,357 78,592
99,798 278,253
Creditors: Amounts Falling Due Within One Year 8 (71,895 ) (77,004 )
NET CURRENT ASSETS (LIABILITIES) 27,903 201,249
TOTAL ASSETS LESS CURRENT LIABILITIES 156,233 302,937
Creditors: Amounts Falling Due After More Than One Year 9 (49,977 ) (28,282 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (3,083 )
NET ASSETS 106,256 271,572
CAPITAL AND RESERVES
Called up share capital 11 75 75
Capital redemption reserve 25 25
Profit and Loss Account 106,156 271,472
SHAREHOLDERS' FUNDS 106,256 271,572
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For the year ending 31 October 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
W I Rickard
Director
29/10/2026
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
RICKARD 1936 LTD. is a private company, limited by shares, incorporated in England & Wales, registered number 06314212 . The registered office is 25-27 Newgate Street, Morpeth, Northumberland, NE61 1AW.
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 is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... 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:
Motor Vehicles 25% reducing balance basis
2.5. 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.
2.6. 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.
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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 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 11)
11 11
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2024 252,000
As at 31 October 2025 252,000
Amortisation
As at 1 November 2024 186,914
Provided during the period 6,509
As at 31 October 2025 193,423
Net Book Value
As at 31 October 2025 58,577
As at 1 November 2024 65,086
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5. Tangible Assets
Land & Property
Freehold Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2024 52,404 87,301 75,352 215,057
Additions - 72,466 - 72,466
Disposals - (39,851 ) - (39,851 )
As at 31 October 2025 52,404 119,916 75,352 247,672
Depreciation
As at 1 November 2024 52,404 50,699 75,352 178,455
Provided during the period - 26,750 - 26,750
Disposals - (27,286 ) - (27,286 )
As at 31 October 2025 52,404 50,163 75,352 177,919
Net Book Value
As at 31 October 2025 - 69,753 - 69,753
As at 1 November 2024 - 36,602 - 36,602
6. Stocks
2025 2024
£ £
Work in progress 15,506 114,339
7. Debtors
2025 2024
£ £
Due within one year
Other debtors 61,935 85,322
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 17,743 13,210
Trade creditors 11,198 4,490
Bank loans and overdrafts 12,829 25,000
Other creditors 23,445 22,000
Taxation and social security 6,680 12,304
71,895 77,004
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9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 49,977 15,453
Bank loans - 12,829
49,977 28,282
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 17,743 13,210
Later than one year and not later than five years 49,977 15,453
67,720 28,663
67,720 28,663
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 75 75
A prior period adjustment has been made to correct the share capital b/fwd in the financial statements for the year ended 31 October 2025. The prior period comparatives have also been restated for this. Called up share capital has decreased by £25, as has the called up share capital in the prior period.
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2024 Amounts advanced Amounts repaid Amounts written off As at 31 October 2025
£ £ £ £ £
Mr William Rickard (59,202 ) - 25,290 - (33,912 )
Mrs Aisling O'Neil (236 ) - 13 - (223 )
The above loan is unsecured, interest free and repayable on demand.
A prior period adjustment has been made to correct the directors loan account balance b/fwd in the finanical statements for the year ended 31 October 2025. The prior period comparatives have also been restated for this. The directors loan account balance has reduced by £75,000, as has the directors loan account balance in the prior period.
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13. Reserves
Capital Redemption Profit and Loss Account
£ £
As at 1 November 2024 25 271,472
Loss for the year and total comprehensive income - (135,316 )
Dividends paid - (30,000)
As at 31 October 2025 25 106,156
A prior period adjustment has been made to correct the profit and loss account b/fwd in the finanical statements for the year ended 31 October 2025. The prior period comparatives have also been restated for this. The profit and loss account has decreased by £75,000, as has the profit and loss account in the prior period.
A prior period adjustment has been made to correct the capital redemption reserve b/fwd in the financial statements for the year ended 31 October 2025. The prior period comparatives have also been restated for this. The capital redemption reserve has increased by £25, as has the capital redemption reserve in the prior period.
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