Acorah Software Products - Accounts Production 16.0.110 false true false 3 March 2023 31 July 2024 31 July 2024 14702881 Mr Alexander Lund Mrs Diane Lund iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14702881 2023-03-02 14702881 2024-07-31 14702881 2023-03-03 2024-07-31 14702881 frs-core:CurrentFinancialInstruments 2024-07-31 14702881 frs-core:ComputerEquipment 2024-07-31 14702881 frs-core:ComputerEquipment 2023-03-03 2024-07-31 14702881 frs-core:ComputerEquipment 2023-03-02 14702881 frs-core:NetGoodwill 2024-07-31 14702881 frs-core:NetGoodwill 2023-03-03 2024-07-31 14702881 frs-core:NetGoodwill 2023-03-02 14702881 frs-core:PlantMachinery 2024-07-31 14702881 frs-core:PlantMachinery 2023-03-03 2024-07-31 14702881 frs-core:PlantMachinery 2023-03-02 14702881 frs-core:ShareCapital 2024-07-31 14702881 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 14702881 frs-bus:PrivateLimitedCompanyLtd 2023-03-03 2024-07-31 14702881 frs-bus:FilletedAccounts 2023-03-03 2024-07-31 14702881 frs-bus:SmallEntities 2023-03-03 2024-07-31 14702881 frs-bus:AuditExempt-NoAccountantsReport 2023-03-03 2024-07-31 14702881 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-03 2024-07-31 14702881 frs-core:UnlistedNon-exchangeTraded 2024-07-31 14702881 frs-core:UnlistedNon-exchangeTraded 2023-03-02 14702881 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-02 14702881 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 14702881 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 14702881 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-02 14702881 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 14702881 frs-bus:Director1 2023-03-03 2024-07-31 14702881 frs-bus:Director2 2023-03-03 2024-07-31 14702881 frs-countries:EnglandWales 2023-03-03 2024-07-31
Registered number: 14702881
Charlie Taylor Garage Services Ltd
Unaudited Financial Statements
For the Period 3 March 2023 to 31 July 2024
BCT Accountants Ltd
Beechley Minskip Road
Boroughbridge
York
North Yorkshire
YO51 9HY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14702881
31 July 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 160,000
Tangible Assets 5 128,855
Investments 6 25,028
313,883
CURRENT ASSETS
Debtors 7 18,966
Cash at bank and in hand 68,721
87,687
Creditors: Amounts Falling Due Within One Year 8 (369,429 )
NET CURRENT ASSETS (LIABILITIES) (281,742 )
TOTAL ASSETS LESS CURRENT LIABILITIES 32,141
NET ASSETS 32,141
CAPITAL AND RESERVES
Called up share capital 9 100
Profit and Loss Account 32,041
SHAREHOLDERS' FUNDS 32,141
Page 1
Page 2
For the period 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 Alexander Lund
Director
21st November 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
Charlie Taylor Garage Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14702881 . The registered office is 6 Binks Close, Standard Way Business Park, Northallerton, North Yorkshire, DL6 2YB.
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. 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 .... years.
2.4. 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 25% reducing balance
Computer Equipment 3 years straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 9
9
4. Intangible Assets
Goodwill
£
Cost
As at 3 March 2023 -
Additions 200,000
As at 31 July 2024 200,000
Amortisation
As at 3 March 2023 -
Provided during the period 40,000
As at 31 July 2024 40,000
Net Book Value
As at 31 July 2024 160,000
As at 3 March 2023 -
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5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 3 March 2023 - - -
Additions 169,037 3,115 172,152
As at 31 July 2024 169,037 3,115 172,152
Depreciation
As at 3 March 2023 - - -
Provided during the period 42,259 1,038 43,297
As at 31 July 2024 42,259 1,038 43,297
Net Book Value
As at 31 July 2024 126,778 2,077 128,855
As at 3 March 2023 - - -
6. Investments
Unlisted
£
Cost
As at 3 March 2023 -
Additions 25,028
As at 31 July 2024 25,028
Provision
As at 3 March 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 25,028
As at 3 March 2023 -
7. Debtors
31 July 2024
£
Due within one year
Trade debtors 10,941
Amounts owed by group undertakings 1,925
Other debtors 6,100
18,966
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Trade creditors 56,188
Other loans 77,000
Other creditors 224,261
Taxation and social security 11,980
369,429
9. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 100
Page 5