Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04427594 Mr Robert Gamble Mr Thomas Henderson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04427594 2024-03-31 04427594 2025-03-31 04427594 2024-04-01 2025-03-31 04427594 frs-core:CurrentFinancialInstruments 2025-03-31 04427594 frs-core:Non-currentFinancialInstruments 2025-03-31 04427594 frs-core:ComputerEquipment 2025-03-31 04427594 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04427594 frs-core:ComputerEquipment 2024-03-31 04427594 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 04427594 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04427594 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 04427594 frs-core:MotorVehicles 2025-03-31 04427594 frs-core:MotorVehicles 2024-04-01 2025-03-31 04427594 frs-core:MotorVehicles 2024-03-31 04427594 frs-core:PlantMachinery 2025-03-31 04427594 frs-core:PlantMachinery 2024-04-01 2025-03-31 04427594 frs-core:PlantMachinery 2024-03-31 04427594 frs-core:ShareCapital 2025-03-31 04427594 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04427594 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04427594 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04427594 frs-bus:SmallEntities 2024-04-01 2025-03-31 04427594 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04427594 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04427594 frs-bus:Director1 2024-04-01 2025-03-31 04427594 frs-bus:Director1 2024-03-31 04427594 frs-bus:Director1 2025-03-31 04427594 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04427594 frs-countries:EnglandWales 2024-04-01 2025-03-31 04427594 2023-03-31 04427594 2024-03-31 04427594 2023-04-01 2024-03-31 04427594 frs-core:CurrentFinancialInstruments 2024-03-31 04427594 frs-core:Non-currentFinancialInstruments 2024-03-31 04427594 frs-core:ShareCapital 2024-03-31 04427594 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04427594
Red Plant Sales Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04427594
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 793,752 773,725
793,752 773,725
CURRENT ASSETS
Stocks 5 607,865 585,605
Debtors 6 90,126 57,634
Cash at bank and in hand 250,640 307,420
948,631 950,659
Creditors: Amounts Falling Due Within One Year 7 (146,837 ) (192,796 )
NET CURRENT ASSETS (LIABILITIES) 801,794 757,863
TOTAL ASSETS LESS CURRENT LIABILITIES 1,595,546 1,531,588
Creditors: Amounts Falling Due After More Than One Year 8 (275,334 ) (314,217 )
NET ASSETS 1,320,212 1,217,371
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 1,320,211 1,217,370
SHAREHOLDERS' FUNDS 1,320,212 1,217,371
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 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 Robert Gamble
Director
20th November 2025
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
Red Plant Sales Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04427594 . The registered office is Lime House, 75 Church Road, Tiptree, Essex, CO5 0HB.
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:
Freehold 1% on property and no depreciation on land
Plant & Machinery 20% straight line
Motor Vehicles 20% straight line
Computer Equipment 25% straight line
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.
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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 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.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 3)
5 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 731,295 18,905 63,233 741 814,174
Additions 32,197 - - 886 33,083
As at 31 March 2025 763,492 18,905 63,233 1,627 847,257
...CONTINUED
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Depreciation
As at 1 April 2024 9,100 16,509 14,642 198 40,449
Provided during the period 1,811 1,198 9,719 328 13,056
As at 31 March 2025 10,911 17,707 24,361 526 53,505
Net Book Value
As at 31 March 2025 752,581 1,198 38,872 1,101 793,752
As at 1 April 2024 722,195 2,396 48,591 543 773,725
5. Stocks
2025 2024
£ £
Finished goods 607,865 585,605
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 50,818 36,463
Prepayments and accrued income 7,687 5,283
VAT 28,304 15,888
Director's loan account 3,317 -
90,126 57,634
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 42,053 60,383
Bank loans and overdrafts 52,995 66,299
Corporation tax 47,732 61,619
Other creditors 290 255
Accruals and deferred income 3,767 3,308
Director's loan account - 932
146,837 192,796
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 275,334 314,217
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9. Secured Creditors
Of the creditors the following amounts are secured.
The security is in the form of legal charges in place on the yard, Colchester Road, Frating, Colchester, CO7 7DW and held by The Royal Bank of Scotland PLC.
There is also a debenture in place to cover all monies due from the Company to The Royal Bank of Scotland to cover the overdraft facility.
2025 2024
£ £
Bank loans and overdrafts 315,233 333,983
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Robert Gamble (932 ) 47,143 42,894 - 3,317
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors were £31,000 (2024 - £20,800)
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