Acorah Software Products - Accounts Production 15.0.600 false true 30 December 2022 31 December 2021 false 31 December 2022 30 December 2023 30 December 2023 06950361 Mr Chris Ashcroft Mr Chris Ashcroft iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06950361 2022-12-30 06950361 2023-12-30 06950361 2022-12-31 2023-12-30 06950361 frs-core:CurrentFinancialInstruments 2023-12-30 06950361 frs-core:Non-currentFinancialInstruments 2023-12-30 06950361 frs-core:ComputerEquipment 2023-12-30 06950361 frs-core:ComputerEquipment 2022-12-31 2023-12-30 06950361 frs-core:ComputerEquipment 2022-12-30 06950361 frs-core:FurnitureFittings 2023-12-30 06950361 frs-core:FurnitureFittings 2022-12-31 2023-12-30 06950361 frs-core:FurnitureFittings 2022-12-30 06950361 frs-core:NetGoodwill 2023-12-30 06950361 frs-core:NetGoodwill 2022-12-31 2023-12-30 06950361 frs-core:NetGoodwill 2022-12-30 06950361 frs-core:MotorVehicles 2023-12-30 06950361 frs-core:MotorVehicles 2022-12-31 2023-12-30 06950361 frs-core:MotorVehicles 2022-12-30 06950361 frs-core:PlantMachinery 2023-12-30 06950361 frs-core:PlantMachinery 2022-12-31 2023-12-30 06950361 frs-core:PlantMachinery 2022-12-30 06950361 frs-core:ShareCapital 2023-12-30 06950361 frs-core:RetainedEarningsAccumulatedLosses 2023-12-30 06950361 frs-bus:PrivateLimitedCompanyLtd 2022-12-31 2023-12-30 06950361 frs-bus:FilletedAccounts 2022-12-31 2023-12-30 06950361 frs-bus:SmallEntities 2022-12-31 2023-12-30 06950361 frs-bus:AuditExempt-NoAccountantsReport 2022-12-31 2023-12-30 06950361 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-31 2023-12-30 06950361 frs-bus:OrdinaryShareClass1 2022-12-31 2023-12-30 06950361 frs-bus:OrdinaryShareClass1 2023-12-30 06950361 frs-bus:Director1 2022-12-31 2023-12-30 06950361 frs-bus:CompanySecretary1 2022-12-31 2023-12-30 06950361 frs-core:CurrentFinancialInstruments 1 2023-12-30 06950361 frs-countries:EnglandWales 2022-12-31 2023-12-30 06950361 2021-12-30 06950361 2022-12-30 06950361 2021-12-31 2022-12-30 06950361 frs-core:CurrentFinancialInstruments 2022-12-30 06950361 frs-core:Non-currentFinancialInstruments 2022-12-30 06950361 frs-core:ShareCapital 2022-12-30 06950361 frs-core:RetainedEarningsAccumulatedLosses 2022-12-30 06950361 frs-bus:OrdinaryShareClass1 2021-12-31 2022-12-30 06950361 frs-core:CurrentFinancialInstruments 1 2022-12-30
Registered number: 06950361
ASHCROFTS MINI TRAVEL LTD
Unaudited Financial Statements
For The Year Ended 30 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06950361
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 30,450 34,800
Tangible Assets 5 877,538 942,693
907,988 977,493
CURRENT ASSETS
Stocks 5,600 5,600
Debtors 6 283,795 144,444
Cash at bank and in hand (1,030 ) 4,971
288,365 155,015
Creditors: Amounts Falling Due Within One Year 7 (653,313 ) (622,745 )
NET CURRENT ASSETS (LIABILITIES) (364,948 ) (467,730 )
TOTAL ASSETS LESS CURRENT LIABILITIES 543,040 509,763
Creditors: Amounts Falling Due After More Than One Year 8 (307,675 ) (474,374 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (35,289 )
NET ASSETS 235,365 100
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 235,265 -
SHAREHOLDERS' FUNDS 235,365 100
Page 1
Page 2
For the year ending 30 December 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 Chris Ashcroft
Director
16th September 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ASHCROFTS MINI TRAVEL LTD Registered number 06950361 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 1, Golborne Enterprise Park , Golborne , Warrington , WA3 3DR .
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 25% Reducing Balance
Motor Vehicles 15% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 33% Reducing Balance
2.5. 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.
2.6. 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.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.7. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 30 (2022: 25)
30 25
4. Intangible Assets
Goodwill
£
Cost
As at 31 December 2022 43,500
As at 30 December 2023 43,500
Amortisation
As at 31 December 2022 8,700
Provided during the period 4,350
As at 30 December 2023 13,050
Net Book Value
As at 30 December 2023 30,450
As at 31 December 2022 34,800
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 31 December 2022 85,893 1,410,843 38,791 30,480 1,566,007
Additions 5,527 90,990 - 2,457 98,974
As at 30 December 2023 91,420 1,501,833 38,791 32,937 1,664,981
Depreciation
As at 31 December 2022 62,112 500,467 35,281 25,454 623,314
Provided during the period 7,327 150,205 1,356 5,241 164,129
As at 30 December 2023 69,439 650,672 36,637 30,695 787,443
Net Book Value
As at 30 December 2023 21,981 851,161 2,154 2,242 877,538
As at 31 December 2022 23,781 910,376 3,510 5,026 942,693
Page 4
Page 5
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 20,575 11,045
Prepayments and accrued income 103,196 11,751
Other debtors 9,533 1,200
Director's loan account 150,491 120,448
283,795 144,444
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 275,343 285,963
Trade creditors 32,424 36,345
Bank loans and overdrafts 83,436 70,580
Corporation tax 6,879 6,879
Other taxes and social security 42,735 37,869
VAT 59,332 35,900
Net wages 7,010 -
Pension creditor 1,275 (66 )
Other creditors (1) 5,000 5,000
Memory Lane deferred income 139,879 144,275
653,313 622,745
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 252,733 429,516
Bank loans 54,942 44,858
307,675 474,374
9. Share Capital
2023 2022
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1 each 100 100
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