Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 04201951 A Docherty J Docherty M Goodall A Docherty true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04201951 2022-07-31 04201951 2023-07-31 04201951 2022-08-01 2023-07-31 04201951 frs-core:CurrentFinancialInstruments 2023-07-31 04201951 frs-core:ComputerEquipment 2023-07-31 04201951 frs-core:ComputerEquipment 2022-08-01 2023-07-31 04201951 frs-core:ComputerEquipment 2022-07-31 04201951 frs-core:MotorVehicles 2023-07-31 04201951 frs-core:MotorVehicles 2022-08-01 2023-07-31 04201951 frs-core:MotorVehicles 2022-07-31 04201951 frs-core:PlantMachinery 2023-07-31 04201951 frs-core:PlantMachinery 2022-08-01 2023-07-31 04201951 frs-core:PlantMachinery 2022-07-31 04201951 frs-core:ShareCapital 2023-07-31 04201951 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 04201951 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 04201951 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 04201951 frs-bus:SmallEntities 2022-08-01 2023-07-31 04201951 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 04201951 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 04201951 1 2022-08-01 2023-07-31 04201951 frs-bus:Director1 2022-08-01 2023-07-31 04201951 frs-bus:Director2 2022-08-01 2023-07-31 04201951 frs-bus:Director3 2022-08-01 2023-07-31 04201951 frs-bus:CompanySecretary1 2022-08-01 2023-07-31 04201951 frs-countries:EnglandWales 2022-08-01 2023-07-31 04201951 2021-07-31 04201951 2022-07-31 04201951 2021-08-01 2022-07-31 04201951 frs-core:CurrentFinancialInstruments 2022-07-31 04201951 frs-core:ShareCapital 2022-07-31 04201951 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 04201951
Auto Service Plus Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04201951
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,673 131
1,673 131
CURRENT ASSETS
Debtors 5 - 3,011
Cash at bank and in hand 449,483 426,985
449,483 429,996
Creditors: Amounts Falling Due Within One Year 6 (52,095 ) (41,437 )
NET CURRENT ASSETS (LIABILITIES) 397,388 388,559
TOTAL ASSETS LESS CURRENT LIABILITIES 399,061 388,690
NET ASSETS 399,061 388,690
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 398,961 388,590
SHAREHOLDERS' FUNDS 399,061 388,690
Page 1
Page 2
For the year ending 31 July 2023 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
A Docherty
Director
20th March 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Auto Service Plus Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04201951 . The registered office is 11 Broomhalls Croft, Alrewas, Burton-On-Trent, DE13 7FG.
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.
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 20% on cost
Motor Vehicles 25% on reducing balance
Computer Equipment 33% 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2022: 6)
6 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2022 33,989 4,135 762 38,886
Additions 1,750 - - 1,750
As at 31 July 2023 35,739 4,135 762 40,636
Depreciation
As at 1 August 2022 33,989 4,004 762 38,755
Provided during the period 175 33 - 208
As at 31 July 2023 34,164 4,037 762 38,963
Net Book Value
As at 31 July 2023 1,575 98 - 1,673
As at 1 August 2022 - 131 - 131
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5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 3,011
- 3,011
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 14,485 9,632
Corporation tax 18,541 17,124
Other taxes and social security 2,459 1,500
VAT 14,687 11,258
Accruals and deferred income 1,850 1,850
Directors' loan accounts 73 73
52,095 41,437
7. Related Party Transactions
As at 31 July 2023 the directors owed the company £73 (2022: £73).
During the year total dividends of £65,000 were paid to the directors (2022: £40,000).
8. Ultimate Controlling Party
The company's ultimate controlling party is A Docherty and J Docherty.
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