Acorah Software Products - Accounts Production 15.0.400 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 04921178 Mr L J Mitchell Mr M P Mitchell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04921178 2022-10-31 04921178 2023-10-31 04921178 2022-11-01 2023-10-31 04921178 frs-core:CurrentFinancialInstruments 2023-10-31 04921178 frs-core:Non-currentFinancialInstruments 2023-10-31 04921178 frs-core:ComputerEquipment 2023-10-31 04921178 frs-core:ComputerEquipment 2022-11-01 2023-10-31 04921178 frs-core:ComputerEquipment 2022-10-31 04921178 frs-core:MotorVehicles 2023-10-31 04921178 frs-core:MotorVehicles 2022-11-01 2023-10-31 04921178 frs-core:MotorVehicles 2022-10-31 04921178 frs-core:PlantMachinery 2023-10-31 04921178 frs-core:PlantMachinery 2022-11-01 2023-10-31 04921178 frs-core:PlantMachinery 2022-10-31 04921178 frs-core:ShareCapital 2023-10-31 04921178 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 04921178 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 04921178 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 04921178 frs-bus:SmallEntities 2022-11-01 2023-10-31 04921178 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 04921178 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 04921178 frs-bus:Director1 2022-11-01 2023-10-31 04921178 frs-bus:Director2 2022-11-01 2023-10-31 04921178 frs-countries:EnglandWales 2022-11-01 2023-10-31 04921178 2021-10-31 04921178 2022-10-31 04921178 2021-11-01 2022-10-31 04921178 frs-core:CurrentFinancialInstruments 2022-10-31 04921178 frs-core:Non-currentFinancialInstruments 2022-10-31 04921178 frs-core:ShareCapital 2022-10-31 04921178 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 04921178
Caddington Garage Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04921178
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 36,386 43,814
36,386 43,814
CURRENT ASSETS
Stocks 5 8,811 8,624
Cash at bank and in hand 92,646 68,817
101,457 77,441
Creditors: Amounts Falling Due Within One Year 6 (38,215 ) (34,663 )
NET CURRENT ASSETS (LIABILITIES) 63,242 42,778
TOTAL ASSETS LESS CURRENT LIABILITIES 99,628 86,592
Creditors: Amounts Falling Due After More Than One Year 7 (12,709 ) (19,649 )
NET ASSETS 86,919 66,943
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 86,918 66,942
SHAREHOLDERS' FUNDS 86,919 66,943
Page 1
Page 2
For the year ending 31 October 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
Mr M P Mitchell
Director
30/07/2024
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
Caddington Garage Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04921178 . The registered office is 19-21 Manor Road, Caddington, Bedfordshire, LU1 4EE.
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, excluding discounts, rebates, value added tax and other sales taxes.
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 15% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 15% on reducing balance
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2.6. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2022: 5)
6 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2022 59,076 14,300 1,288 74,664
As at 31 October 2023 59,076 14,300 1,288 74,664
Depreciation
As at 1 November 2022 23,979 5,738 1,133 30,850
Provided during the period 5,264 2,141 23 7,428
As at 31 October 2023 29,243 7,879 1,156 38,278
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 October 2023 29,833 6,421 132 36,386
As at 1 November 2022 35,097 8,562 155 43,814
5. Stocks
2023 2022
£ £
Stock 8,811 8,624
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 13,301 6,722
Bank loans and overdrafts 7,454 7,454
Corporation tax 7,009 3,646
Other taxes and social security 708 3,129
VAT 8,195 6,446
Other creditors 148 216
Accruals and deferred income 1,097 1,030
Directors' loan accounts 303 6,020
38,215 34,663
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 12,709 19,649
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4