Acorah Software Products - Accounts Production 16.0.110 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 04466283 Mr Robert Farrow Mrs Gillian Farrow Mr Michael Farrow Mr James Farrow iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04466283 2023-08-31 04466283 2024-08-31 04466283 2023-09-01 2024-08-31 04466283 frs-core:CurrentFinancialInstruments 2024-08-31 04466283 frs-core:ComputerEquipment 2024-08-31 04466283 frs-core:ComputerEquipment 2023-09-01 2024-08-31 04466283 frs-core:ComputerEquipment 2023-08-31 04466283 frs-core:NetGoodwill 2024-08-31 04466283 frs-core:NetGoodwill 2023-09-01 2024-08-31 04466283 frs-core:NetGoodwill 2023-08-31 04466283 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 04466283 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04466283 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 04466283 frs-core:MotorVehicles 2024-08-31 04466283 frs-core:MotorVehicles 2023-09-01 2024-08-31 04466283 frs-core:MotorVehicles 2023-08-31 04466283 frs-core:ShareCapital 2024-08-31 04466283 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 04466283 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04466283 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 04466283 frs-bus:SmallEntities 2023-09-01 2024-08-31 04466283 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04466283 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 04466283 frs-bus:Director1 2023-09-01 2024-08-31 04466283 frs-bus:Director2 2023-09-01 2024-08-31 04466283 frs-bus:Director3 2023-09-01 2024-08-31 04466283 frs-bus:Director4 2023-09-01 2024-08-31 04466283 frs-countries:EnglandWales 2023-09-01 2024-08-31 04466283 2022-08-31 04466283 2023-08-31 04466283 2022-09-01 2023-08-31 04466283 frs-core:CurrentFinancialInstruments 2023-08-31 04466283 frs-core:ShareCapital 2023-08-31 04466283 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 04466283
Blackmore Vale Filling Station Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
CJM Accounts Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04466283
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 391,808 394,183
391,808 394,183
CURRENT ASSETS
Debtors 6 5,525 7,601
Cash at bank and in hand 23,948 26,131
29,473 33,732
Creditors: Amounts Falling Due Within One Year 7 (368,090 ) (371,063 )
NET CURRENT ASSETS (LIABILITIES) (338,617 ) (337,331 )
TOTAL ASSETS LESS CURRENT LIABILITIES 53,191 56,852
NET ASSETS 53,191 56,852
CAPITAL AND RESERVES
Called up share capital 8 231 231
Profit and Loss Account 52,960 56,621
SHAREHOLDERS' FUNDS 53,191 56,852
Page 1
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For the year ending 31 August 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 Michael Farrow
Director
14th November 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Blackmore Vale Filling Station Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04466283 . The registered office is Blackmore Vale Filling Station, Sherborne Causeway, Shaftesbury, Dorset, SP7 9PX.
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:
Freehold 5
Motor Vehicles 15
Computer Equipment 15
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2.5. 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 years 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.
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 assets reflect 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 4,000
As at 31 August 2024 4,000
Amortisation
As at 1 September 2023 4,000
As at 31 August 2024 4,000
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
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5. Tangible Assets
Land & Property
Freehold Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 377,085 92,136 1,654 470,875
As at 31 August 2024 377,085 92,136 1,654 470,875
Depreciation
As at 1 September 2023 - 76,483 209 76,692
Provided during the period - 2,348 27 2,375
As at 31 August 2024 - 78,831 236 79,067
Net Book Value
As at 31 August 2024 377,085 13,305 1,418 391,808
As at 1 September 2023 377,085 15,653 1,445 394,183
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 5,525 7,601
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Other creditors 366,059 362,100
Taxation and social security 2,031 8,964
368,090 371,063
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 231 231
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