Acorah Software Products - Accounts Production 16.0.110 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 00957312 Mrs Wendy Nash Mr Kevin Nash Mrs Wendy Nash iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00957312 2023-07-31 00957312 2024-07-31 00957312 2023-08-01 2024-07-31 00957312 frs-core:CurrentFinancialInstruments 2024-07-31 00957312 frs-core:Non-currentFinancialInstruments 2024-07-31 00957312 frs-core:BetweenOneFiveYears 2024-07-31 00957312 frs-core:FurnitureFittings 2024-07-31 00957312 frs-core:FurnitureFittings 2023-08-01 2024-07-31 00957312 frs-core:FurnitureFittings 2023-07-31 00957312 frs-core:MotorVehicles 2024-07-31 00957312 frs-core:MotorVehicles 2023-08-01 2024-07-31 00957312 frs-core:MotorVehicles 2023-07-31 00957312 frs-core:WithinOneYear 2024-07-31 00957312 frs-core:ShareCapital 2024-07-31 00957312 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 00957312 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 00957312 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 00957312 frs-bus:SmallEntities 2023-08-01 2024-07-31 00957312 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 00957312 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 00957312 frs-bus:Director1 2023-08-01 2024-07-31 00957312 frs-bus:Director2 2023-08-01 2024-07-31 00957312 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 00957312 frs-countries:EnglandWales 2023-08-01 2024-07-31 00957312 2022-07-31 00957312 2023-07-31 00957312 2022-08-01 2023-07-31 00957312 frs-core:CurrentFinancialInstruments 2023-07-31 00957312 frs-core:Non-currentFinancialInstruments 2023-07-31 00957312 frs-core:BetweenOneFiveYears 2023-07-31 00957312 frs-core:WithinOneYear 2023-07-31 00957312 frs-core:ShareCapital 2023-07-31 00957312 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 00957312
Kevendys Travel T/A Rayleigh Roadways Limited
Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00957312
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 70,870 43,821
70,870 43,821
CURRENT ASSETS
Debtors 5 64,211 56,571
Cash at bank and in hand 76,022 50,279
140,233 106,850
Creditors: Amounts Falling Due Within One Year 6 (200,802 ) (166,834 )
NET CURRENT ASSETS (LIABILITIES) (60,569 ) (59,984 )
TOTAL ASSETS LESS CURRENT LIABILITIES 10,301 (16,163 )
Creditors: Amounts Falling Due After More Than One Year 7 (48,765 ) (18,521 )
NET LIABILITIES (38,464 ) (34,684 )
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (39,464 ) (35,684 )
SHAREHOLDERS' FUNDS (38,464) (34,684)
Page 1
Page 2
For the year ending 31 July 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
Mr Kevin Nash
Director
30 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
Kevendys Travel T/A Rayleigh Roadways Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00957312 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
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, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and 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 15% Reducing balance
Fixtures & Fittings 25% Reducing balance
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.
2.5. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
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. 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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2.5. 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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 13 (2023: 12)
13 12
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2023 247,945 5,627 253,572
Additions 50,000 - 50,000
Disposals (45,000 ) - (45,000 )
As at 31 July 2024 252,945 5,627 258,572
Depreciation
As at 1 August 2023 204,315 5,436 209,751
Provided during the period 12,481 48 12,529
Disposals (34,578 ) - (34,578 )
As at 31 July 2024 182,218 5,484 187,702
Net Book Value
As at 31 July 2024 70,727 143 70,870
As at 1 August 2023 43,630 191 43,821
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 55,093 49,082
Other debtors 9,118 7,489
64,211 56,571
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 18,708 8,331
Trade creditors 20,262 12,202
Bank loans and overdrafts 10,000 10,000
Other creditors 146,130 126,842
Taxation and social security 5,702 9,459
200,802 166,834
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 40,432 -
Bank loans 8,333 18,521
48,765 18,521
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 18,708 8,331
Later than one year and not later than five years 40,432 -
59,140 8,331
59,140 8,331
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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