Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 SC576160 Mr James Wilson Armstrong Mrs Sharon ARMSTRONG iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC576160 2022-08-31 SC576160 2023-08-31 SC576160 2022-09-01 2023-08-31 SC576160 frs-core:CurrentFinancialInstruments 2023-08-31 SC576160 frs-core:Non-currentFinancialInstruments 2023-08-31 SC576160 frs-core:MotorVehicles 2023-08-31 SC576160 frs-core:MotorVehicles 2022-09-01 2023-08-31 SC576160 frs-core:MotorVehicles 2022-08-31 SC576160 frs-core:ShareCapital 2023-08-31 SC576160 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 SC576160 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 SC576160 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 SC576160 frs-bus:SmallEntities 2022-09-01 2023-08-31 SC576160 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 SC576160 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 SC576160 frs-bus:Director1 2022-09-01 2023-08-31 SC576160 frs-bus:Director2 2022-09-01 2023-08-31 SC576160 frs-countries:Scotland 2022-09-01 2023-08-31 SC576160 2021-08-31 SC576160 2022-08-31 SC576160 2021-09-01 2022-08-31 SC576160 frs-core:CurrentFinancialInstruments 2022-08-31 SC576160 frs-core:Non-currentFinancialInstruments 2022-08-31 SC576160 frs-core:ShareCapital 2022-08-31 SC576160 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31
Registered number: SC576160
CAR4U (SCOTLAND) LTD
Unaudited Financial Statements
For The Year Ended 31 August 2023
SUPERIOR ACCOUNTING
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC576160
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 91,749 51,115
91,749 51,115
CURRENT ASSETS
Cash at bank and in hand 1,487 3,653
1,487 3,653
Creditors: Amounts Falling Due Within One Year 5 (142,028 ) (66,249 )
NET CURRENT ASSETS (LIABILITIES) (140,541 ) (62,596 )
TOTAL ASSETS LESS CURRENT LIABILITIES (48,792 ) (11,481 )
Creditors: Amounts Falling Due After More Than One Year 6 (35,468 ) (57,744 )
NET LIABILITIES (84,260 ) (69,225 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (84,261 ) (69,226 )
SHAREHOLDERS' FUNDS (84,260) (69,225)
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For the year ending 31 August 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 James Wilson Armstrong
Director
Mrs Sharon ARMSTRONG
Director
28/08/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
CAR4U (SCOTLAND) LTD is a private company, limited by shares, incorporated in Scotland, registered number SC576160 . The registered office is 78 DARG ROAD, STEVENSTON, KA20 3AZ.
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:
Motor Vehicles 18 %
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 September 2022 122,142
Additions 92,182
Disposals (44,900 )
As at 31 August 2023 169,424
...CONTINUED
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Depreciation
As at 1 September 2022 71,027
Provided during the period 6,648
As at 31 August 2023 77,675
Net Book Value
As at 31 August 2023 91,749
As at 1 September 2022 51,115
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 67,486 -
Other creditors 5,251 5,271
Accruals and deferred income 1,400 1,100
Directors' loan accounts 67,891 59,878
142,028 66,249
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts - 20,837
Bank loans 35,468 36,907
35,468 57,744
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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