Acorah Software Products - Accounts Production 14.5.601 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 07913163 Mr James Wheatley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07913163 2023-01-31 07913163 2024-01-31 07913163 2023-02-01 2024-01-31 07913163 frs-core:CurrentFinancialInstruments 2024-01-31 07913163 frs-core:ComputerEquipment 2024-01-31 07913163 frs-core:ComputerEquipment 2023-02-01 2024-01-31 07913163 frs-core:ComputerEquipment 2023-01-31 07913163 frs-core:FurnitureFittings 2024-01-31 07913163 frs-core:FurnitureFittings 2023-02-01 2024-01-31 07913163 frs-core:FurnitureFittings 2023-01-31 07913163 frs-core:MotorVehicles 2024-01-31 07913163 frs-core:MotorVehicles 2023-02-01 2024-01-31 07913163 frs-core:MotorVehicles 2023-01-31 07913163 frs-core:PlantMachinery 2024-01-31 07913163 frs-core:PlantMachinery 2023-02-01 2024-01-31 07913163 frs-core:PlantMachinery 2023-01-31 07913163 frs-core:ShareCapital 2024-01-31 07913163 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07913163 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07913163 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 07913163 frs-bus:SmallEntities 2023-02-01 2024-01-31 07913163 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07913163 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07913163 frs-bus:Director1 2023-02-01 2024-01-31 07913163 frs-core:CurrentFinancialInstruments 1 2024-01-31 07913163 frs-countries:EnglandWales 2023-02-01 2024-01-31 07913163 2022-01-31 07913163 2023-01-31 07913163 2022-02-01 2023-01-31 07913163 frs-core:CurrentFinancialInstruments 2023-01-31 07913163 frs-core:ShareCapital 2023-01-31 07913163 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 07913163 frs-core:CurrentFinancialInstruments 1 2023-01-31
Registered number: 07913163
The Cartlodge Company Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
P M Smith
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07913163
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 143,939 88,439
143,939 88,439
CURRENT ASSETS
Cash at bank and in hand 108,726 44,375
108,726 44,375
Creditors: Amounts Falling Due Within One Year 5 (29,078 ) (28,723 )
NET CURRENT ASSETS (LIABILITIES) 79,648 15,652
TOTAL ASSETS LESS CURRENT LIABILITIES 223,587 104,091
PROVISIONS FOR LIABILITIES
Deferred Taxation (27,348 ) (9,041 )
NET ASSETS 196,239 95,050
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 196,139 94,950
SHAREHOLDERS' FUNDS 196,239 95,050
Page 1
Page 2
For the year ending 31 January 2024 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 James Wheatley
Director
1st April 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Cartlodge Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07913163 . The registered office is Falcon House 3 King Street, Castle Hedingham, Halstead, Essex, CO9 3ER.
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 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
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.
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 4 (2023: 4)
4 4
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2023 94,731 84,934 1,737 1,795 183,197
Additions 36,999 92,501 2,099 480 132,079
Disposals (11,250 ) (67,734 ) - - (78,984 )
As at 31 January 2024 120,480 109,701 3,836 2,275 236,292
Depreciation
As at 1 February 2023 44,734 48,056 434 1,534 94,758
Provided during the period 20,655 25,275 851 185 46,966
Disposals (9,915 ) (39,456 ) - - (49,371 )
As at 31 January 2024 55,474 33,875 1,285 1,719 92,353
Net Book Value
As at 31 January 2024 65,006 75,826 2,551 556 143,939
As at 1 February 2023 49,997 36,878 1,303 261 88,439
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,704 18,275
Corporation tax 9,078 15
Other taxes and social security 3,016 3,442
VAT 9,507 211
Other creditors (1) 1,485 1,170
Director's loan account 4,288 5,610
29,078 28,723
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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