Acorah Software Products - Accounts Production 14.5.601 false true 31 January 2022 1 February 2021 false 1 February 2022 31 January 2023 31 January 2023 06784525 Mr Christopher Stanton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06784525 2022-01-31 06784525 2023-01-31 06784525 2022-02-01 2023-01-31 06784525 frs-core:CurrentFinancialInstruments 2023-01-31 06784525 frs-core:Non-currentFinancialInstruments 2023-01-31 06784525 frs-core:FurnitureFittings 2023-01-31 06784525 frs-core:FurnitureFittings 2022-02-01 2023-01-31 06784525 frs-core:FurnitureFittings 2022-01-31 06784525 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 06784525 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 06784525 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-01-31 06784525 frs-core:MotorVehicles 2023-01-31 06784525 frs-core:MotorVehicles 2022-02-01 2023-01-31 06784525 frs-core:MotorVehicles 2022-01-31 06784525 frs-core:WithinOneYear 2023-01-31 06784525 frs-core:ShareCapital 2023-01-31 06784525 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 06784525 frs-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 06784525 frs-bus:FilletedAccounts 2022-02-01 2023-01-31 06784525 frs-bus:SmallEntities 2022-02-01 2023-01-31 06784525 frs-bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 06784525 frs-bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 06784525 frs-bus:Director1 2022-02-01 2023-01-31 06784525 frs-bus:Director1 2022-01-31 06784525 frs-bus:Director1 2023-01-31 06784525 frs-core:CurrentFinancialInstruments 1 2023-01-31 06784525 frs-countries:EnglandWales 2022-02-01 2023-01-31 06784525 2021-01-31 06784525 2022-01-31 06784525 2021-02-01 2022-01-31 06784525 frs-core:CurrentFinancialInstruments 2022-01-31 06784525 frs-core:Non-currentFinancialInstruments 2022-01-31 06784525 frs-core:BetweenOneFiveYears 2022-01-31 06784525 frs-core:WithinOneYear 2022-01-31 06784525 frs-core:ShareCapital 2022-01-31 06784525 frs-core:RetainedEarningsAccumulatedLosses 2022-01-31 06784525 frs-core:CurrentFinancialInstruments 1 2022-01-31
Registered number: 06784525
Cs Car & Van Sales Limited
Unaudited Financial Statements
For The Year Ended 31 January 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 06784525
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 65,996 74,096
65,996 74,096
CURRENT ASSETS
Stocks 5 781,544 1,392,798
Debtors 6 1,273,677 792,570
Cash at bank and in hand 207,549 711,897
2,262,770 2,897,265
Creditors: Amounts Falling Due Within One Year 7 (1,030,400 ) (986,824 )
NET CURRENT ASSETS (LIABILITIES) 1,232,370 1,910,441
TOTAL ASSETS LESS CURRENT LIABILITIES 1,298,366 1,984,537
Creditors: Amounts Falling Due After More Than One Year 8 (435,747 ) (869,309 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,427 ) (6,372 )
NET ASSETS 856,192 1,108,856
CAPITAL AND RESERVES
Called up share capital 11 11 11
Profit and Loss Account 856,181 1,108,845
SHAREHOLDERS' FUNDS 856,192 1,108,856
Page 1
Page 2
For the year ending 31 January 2023 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 Christopher Stanton
Director
05/04/2024
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
Cs Car & Van Sales Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06784525 . The registered office is Unit 1a Old Racecourse Road, Crystal Trading Estate, Liverpool, L31 8AW.
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. 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.

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 20% - reducing balance
Motor Vehicles 20% - reducing balance
Fixtures & Fittings 20% - reducing balance
2.4. 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 profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks is valued at the lower of cost and net realisable value.
2.6. 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 year 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.
...CONTINUED
Page 3
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2.6. Taxation - continued
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 asset reflects 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:
2023 2022
Office and administration 13 13
13 13
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2022 83,429 23,615 25,874 132,918
Additions - - 7,903 7,903
As at 31 January 2023 83,429 23,615 33,777 140,821
Depreciation
As at 1 February 2022 43,216 8,581 7,025 58,822
Provided during the period 8,043 3,007 4,953 16,003
As at 31 January 2023 51,259 11,588 11,978 74,825
Net Book Value
As at 31 January 2023 32,170 12,027 21,799 65,996
As at 1 February 2022 40,213 15,034 18,849 74,096
5. Stocks
2023 2022
£ £
Finished goods 781,544 1,392,798
Page 4
Page 5
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 200,933 121,727
Prepayments and accrued income 80,000 -
Other debtors 36,000 15,000
Corporation tax recoverable assets 27,805 5,448
Director's loan account 56,870 141,622
Amounts owed by other participating interests 872,069 508,773
1,273,677 792,570
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 4,633 4,633
Trade creditors 28,174 76,423
Bank loans and overdrafts 215,750 257,089
Corporation tax 76,594 103,914
Other taxes and social security 36,736 22,907
VAT 484,655 294,270
Net wages 12,510 23,837
Other creditors - 40,469
Other creditors (1) 900 45,525
Accruals and deferred income 55,676 67,757
Amounts owed to other participating interests 114,772 50,000
1,030,400 986,824
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts - 4,633
Bank loans 435,747 864,676
435,747 869,309
9. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured against the assets of the company to which they relate.
2023 2022
£ £
Bank loans and overdrafts 651,497 1,121,765
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10. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,633 4,633
Later than one year and not later than five years - 4,633
4,633 9,266
4,633 9,266
11. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 11 11
12. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date there were no unpaid contributions (PY - £1,300) were due to the fund. They are included in Other Creditors.
13. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2022 Amounts advanced Amounts repaid Amounts written off As at 31 January 2023
£ £ £ £ £
Mr Christopher Stanton 141,622 137,970 222,722 - 56,870
Interest is charged on the above loan at 2% per annum. The loan is unsecured and repayable on demand.
14. Related Party Transactions
Training Lives LtdCommon shareholding & directorshipAt the balance sheet date, Training Lives Ltd owed £61,942 (PY - Nil) to CS Car and Van Sales Limited, this amount is included within amounts owed by other participating interests

Training Lives Ltd

Common shareholding & directorship

At the balance sheet date, Training Lives Ltd owed £61,942 (PY - Nil) to CS Car and Van Sales Limited, this amount is included within amounts owed by other participating interests

Driving Lives Group LtdCommon shareholding & directorshipAt the balance sheet date, Driving Lives Group Ltd owed £124,612 (PY - £119,820) to CS Car and Van Sales Limited, this amount is included within amounts owed by other participating interests

Driving Lives Group Ltd

Common shareholding & directorship

At the balance sheet date, Driving Lives Group Ltd owed £124,612 (PY - £119,820) to CS Car and Van Sales Limited, this amount is included within amounts owed by other participating interests

Mersey Properties UK Ltd LtdCommon shareholding & directorshipAt the balance sheet date, CS Car and Van Sales Limited owed £25,000 (PY - £25,000) to Mersey Properties UK Ltd Ltd, this amount is included in amounts owed to other participating interests

Mersey Properties UK Ltd Ltd

Common shareholding & directorship

At the balance sheet date, CS Car and Van Sales Limited owed £25,000 (PY - £25,000) to Mersey Properties UK Ltd Ltd, this amount is included in amounts owed to other participating interests

John Charles Motors LtdClose member of director's familyAt the balance sheet date, John Charles Motors Ltd owed £685,515 (PY - £388,953) to CS Car and Van Sales Limited, this amount is included within amounts owed by other participating interests

John Charles Motors Ltd

Close member of director's family

At the balance sheet date, John Charles Motors Ltd owed £685,515 (PY - £388,953) to CS Car and Van Sales Limited, this amount is included within amounts owed by other participating interests

Social Motor Finance LtdCommon shareholding & directorshipAt the balance sheet date, CS Car and Van Sales Limited owed £89,772 (PY - £25,000) to Social Motor Finance Ltd, this amount is included within amounts owed to other participating interests

Social Motor Finance Ltd

Common shareholding & directorship

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At the balance sheet date, CS Car and Van Sales Limited owed £89,772 (PY - £25,000) to Social Motor Finance Ltd, this amount is included within amounts owed to other participating interests

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