Acorah Software Products - Accounts Production 14.6.300 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09888930 Mr Alexandru Cristian ZAHARIA iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09888930 2022-11-30 09888930 2023-11-30 09888930 2022-12-01 2023-11-30 09888930 frs-core:CurrentFinancialInstruments 2023-11-30 09888930 frs-core:PlantMachinery 2023-11-30 09888930 frs-core:PlantMachinery 2022-12-01 2023-11-30 09888930 frs-core:PlantMachinery 2022-11-30 09888930 frs-core:ShareCapital 2023-11-30 09888930 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09888930 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09888930 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09888930 frs-bus:SmallEntities 2022-12-01 2023-11-30 09888930 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09888930 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09888930 frs-bus:Director1 2022-12-01 2023-11-30 09888930 frs-countries:EnglandWales 2022-12-01 2023-11-30 09888930 2021-11-30 09888930 2022-11-30 09888930 2021-12-01 2022-11-30 09888930 frs-core:CurrentFinancialInstruments 2022-11-30 09888930 frs-core:ShareCapital 2022-11-30 09888930 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09888930
AC AUTO SERVICES LIMITED
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09888930
2023 2022
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,565 13,136
10,565 13,136
CURRENT ASSETS
Stocks 5 21,950 12,225
Cash at bank and in hand 3,546 8,014
25,496 20,239
Creditors: Amounts Falling Due Within One Year 6 (50,699 ) (33,021 )
NET CURRENT ASSETS (LIABILITIES) (25,203 ) (12,782 )
TOTAL ASSETS LESS CURRENT LIABILITIES (14,638 ) 354
NET (LIABILITIES)/ASSETS (14,638 ) 354
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (14,738 ) 254
SHAREHOLDERS' FUNDS (14,638) 354
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 Alexandru Cristian ZAHARIA
Director
30/08/2024
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
AC AUTO SERVICES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09888930 . The registered office is Unit 9, 715, North Circular Road, London, England, NW2 7AH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 20%
2.4. 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: 3 (2022: 3)
3 3
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 December 2022 29,390
Additions 70
As at 30 November 2023 29,460
Depreciation
As at 1 December 2022 16,254
Provided during the period 2,641
As at 30 November 2023 18,895
...CONTINUED
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Page 4
Net Book Value
As at 30 November 2023 10,565
As at 1 December 2022 13,136
5. Stocks
2023 2022
as restated
£ £
Materials 21,950 12,225
6. Creditors: Amounts Falling Due Within One Year
2023 2022
as restated
£ £
Bank loans and overdrafts 11,500 16,648
Corporation tax - 3,507
Other taxes and social security 20,899 5,558
Other creditors 18,300 7,308
50,699 33,021
7. Share Capital
2023 2022
as restated
£ £
Allotted, Called up and fully paid 100 100
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