Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 13228608 Mrs Sally Jones Mrs Brenda Kemp iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13228608 2023-02-28 13228608 2024-02-29 13228608 2023-03-01 2024-02-29 13228608 frs-core:CurrentFinancialInstruments 2024-02-29 13228608 frs-core:ComputerEquipment 2024-02-29 13228608 frs-core:ComputerEquipment 2023-03-01 2024-02-29 13228608 frs-core:ComputerEquipment 2023-02-28 13228608 frs-core:FurnitureFittings 2024-02-29 13228608 frs-core:FurnitureFittings 2023-03-01 2024-02-29 13228608 frs-core:FurnitureFittings 2023-02-28 13228608 frs-core:PlantMachinery 2023-03-01 2024-02-29 13228608 frs-core:ShareCapital 2024-02-29 13228608 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13228608 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13228608 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13228608 frs-bus:SmallEntities 2023-03-01 2024-02-29 13228608 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13228608 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13228608 frs-bus:Director1 2023-03-01 2024-02-29 13228608 frs-bus:Director2 2023-03-01 2024-02-29 13228608 frs-countries:EnglandWales 2023-03-01 2024-02-29 13228608 2022-02-28 13228608 2023-02-28 13228608 2022-03-01 2023-02-28 13228608 frs-core:CurrentFinancialInstruments 2023-02-28 13228608 frs-core:ShareCapital 2023-02-28 13228608 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13228608
Admiral Minicabs Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Richard Dean
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13228608
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,315 9,016
9,315 9,016
CURRENT ASSETS
Debtors 5 30,767 -
Cash at bank and in hand 412 1,561
31,179 1,561
Creditors: Amounts Falling Due Within One Year 6 (72,986 ) (53,491 )
NET CURRENT ASSETS (LIABILITIES) (41,807 ) (51,930 )
TOTAL ASSETS LESS CURRENT LIABILITIES (32,492 ) (42,914 )
NET LIABILITIES (32,492 ) (42,914 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (32,592 ) (43,014 )
SHAREHOLDERS' FUNDS (32,492) (42,914)
Page 1
Page 2
For the year ending 29 February 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
Mrs Sally Jones
Director
05/09/2024
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
Admiral Minicabs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13228608 . The registered office is 110a Brighton Road, Coulsdon, Surrey, CR5 2NB.
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:
Plant & Machinery 20% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 33 1/3% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 7)
7 7
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 10,120 5,230 15,350
Additions 495 5,506 6,001
Disposals - (5,230 ) (5,230 )
As at 29 February 2024 10,615 5,506 16,121
Depreciation
As at 1 March 2023 2,848 3,486 6,334
Provided during the period 2,123 3,579 5,702
Disposals - (5,230 ) (5,230 )
As at 29 February 2024 4,971 1,835 6,806
Net Book Value
As at 29 February 2024 5,644 3,671 9,315
As at 1 March 2023 7,272 1,744 9,016
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 30,767 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (2 ) (1 )
Other taxes and social security 2,810 489
VAT 13,983 11,252
Other creditors 5,407 129
Accruals and deferred income 900 900
Directors' loan accounts 49,888 40,722
72,986 53,491
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4