Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 05026560 Mr James Brown Mr Lee Brown Mr Lee Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05026560 2023-01-31 05026560 2024-01-31 05026560 2023-02-01 2024-01-31 05026560 frs-core:CurrentFinancialInstruments 2024-01-31 05026560 frs-core:ComputerEquipment 2024-01-31 05026560 frs-core:ComputerEquipment 2023-02-01 2024-01-31 05026560 frs-core:ComputerEquipment 2023-01-31 05026560 frs-core:ShareCapital 2024-01-31 05026560 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 05026560 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05026560 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 05026560 frs-bus:SmallEntities 2023-02-01 2024-01-31 05026560 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 05026560 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 05026560 frs-bus:Director1 2023-02-01 2024-01-31 05026560 frs-bus:Director1 2023-01-31 05026560 frs-bus:Director1 2024-01-31 05026560 frs-bus:Director2 2023-02-01 2024-01-31 05026560 frs-bus:Director2 2023-01-31 05026560 frs-bus:Director2 2024-01-31 05026560 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 05026560 frs-countries:EnglandWales 2023-02-01 2024-01-31 05026560 2022-01-31 05026560 2023-01-31 05026560 2022-02-01 2023-01-31 05026560 frs-core:CurrentFinancialInstruments 2023-01-31 05026560 frs-core:ShareCapital 2023-01-31 05026560 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 05026560
Truck Traders Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Butler & Co
Bassett House, 5 Southwell Park Road
Camberley
Surrey
GU15 3PU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05026560
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 273
- 273
CURRENT ASSETS
Stocks 5 47,250 127,950
Debtors 6 39,899 56,243
Cash at bank and in hand 374,544 506,060
461,693 690,253
Creditors: Amounts Falling Due Within One Year 7 (1,990 ) (4,990 )
NET CURRENT ASSETS (LIABILITIES) 459,703 685,263
TOTAL ASSETS LESS CURRENT LIABILITIES 459,703 685,536
NET ASSETS 459,703 685,536
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 459,603 685,436
SHAREHOLDERS' FUNDS 459,703 685,536
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 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 Lee Brown
Director
23/08/2024
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
Truck Traders Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05026560 . The registered office is 26 Chapel Lane, Farnborough, Hants, GU14 9BE.
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:
Computer Equipment 25% on cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at  cost or net realisable value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2023 1,664
As at 31 January 2024 1,664
Depreciation
As at 1 February 2023 1,391
Provided during the period 273
As at 31 January 2024 1,664
Net Book Value
As at 31 January 2024 -
As at 1 February 2023 273
Page 3
Page 4
5. Stocks
2024 2023
£ £
Stock 47,250 127,950
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 30,261 47,340
Other debtors 9,638 8,903
39,899 56,243
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 85 3,084
Other creditors 1,405 1,406
Taxation and social security 500 500
1,990 4,990
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr James Brown - 866 - - 866
Mr Lee Brown 188 - 188 - -
The above loan to Mr James Brown was repaid in full on 29th July 2024.
Page 4