Acorah Software Products - Accounts Production 14.5.601 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 04590302 Mr N Adams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04590302 2022-11-30 04590302 2023-11-30 04590302 2022-12-01 2023-11-30 04590302 frs-core:CurrentFinancialInstruments 2023-11-30 04590302 frs-core:Non-currentFinancialInstruments 2023-11-30 04590302 frs-core:ComputerEquipment 2023-11-30 04590302 frs-core:ComputerEquipment 2022-12-01 2023-11-30 04590302 frs-core:ComputerEquipment 2022-11-30 04590302 frs-core:FurnitureFittings 2023-11-30 04590302 frs-core:FurnitureFittings 2022-12-01 2023-11-30 04590302 frs-core:FurnitureFittings 2022-11-30 04590302 frs-core:MotorVehicles 2023-11-30 04590302 frs-core:MotorVehicles 2022-12-01 2023-11-30 04590302 frs-core:MotorVehicles 2022-11-30 04590302 frs-core:ShareCapital 2023-11-30 04590302 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 04590302 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 04590302 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 04590302 frs-bus:SmallEntities 2022-12-01 2023-11-30 04590302 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 04590302 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 04590302 frs-bus:Director1 2022-12-01 2023-11-30 04590302 frs-countries:EnglandWales 2022-12-01 2023-11-30 04590302 2021-11-30 04590302 2022-11-30 04590302 2021-12-01 2022-11-30 04590302 frs-core:CurrentFinancialInstruments 2022-11-30 04590302 frs-core:Non-currentFinancialInstruments 2022-11-30 04590302 frs-core:ShareCapital 2022-11-30 04590302 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 04590302
Creative Car Sounds Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Greenwood & Co Limited
Chartered Certified Accountants
41 Derwent Gardens
Redbridge
Ilford
Essex
IG4 5NA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04590302
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 554 666
554 666
CURRENT ASSETS
Stocks 5 18,000 15,000
Debtors 6 7,042 1,632
Cash at bank and in hand 18,887 22,587
43,929 39,219
Creditors: Amounts Falling Due Within One Year 7 (42,033 ) (34,012 )
NET CURRENT ASSETS (LIABILITIES) 1,896 5,207
TOTAL ASSETS LESS CURRENT LIABILITIES 2,450 5,873
Creditors: Amounts Falling Due After More Than One Year 8 (11,638 ) (17,258 )
NET LIABILITIES (9,188 ) (11,385 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (9,288 ) (11,485 )
SHAREHOLDERS' FUNDS (9,188) (11,385)
Page 1
Page 2
For the year ending 30 November 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 N Adams
Director
20/08/2024
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
Creative Car Sounds Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04590302 . The registered office is 882 Green Lanes, Winchmore Hill, London, N21 2RS.
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. Going Concern Disclosure
The balance sheet at the year end recorded net liabilities. However, the director believes that sufficient finance is available to the business to enable it to continue trading for the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis.
2.3. Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.
2.4. 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:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 25% on cost
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2022 10,833 9,266 1,482 21,581
As at 30 November 2023 10,833 9,266 1,482 21,581
Depreciation
As at 1 December 2022 10,705 8,728 1,482 20,915
Provided during the period 32 80 - 112
As at 30 November 2023 10,737 8,808 1,482 21,027
Net Book Value
As at 30 November 2023 96 458 - 554
As at 1 December 2022 128 538 - 666
5. Stocks
2023 2022
£ £
Stock 18,000 15,000
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Page 4
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 7,042 1,632
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 640 -
Other creditors 6,061 7,040
Taxation and social security 35,332 26,972
42,033 34,012
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other loan 11,638 17,258
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
The following advances and credits to to a director subsisted during the years ended 30 November 2023 and 30 November 2022:
Director 1
Amounts advanced £31,436 (2022 : £19,776)
Amounts repaid £26,025 (2022 : £42,641)
Interest is charged on all loans at the official rate set by the HMRC.
Page 4