Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 09572948 Mr Mohammed Akeel Bajwa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09572948 2023-05-31 09572948 2024-05-31 09572948 2023-06-01 2024-05-31 09572948 frs-core:ShareCapital 2024-05-31 09572948 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09572948 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09572948 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09572948 frs-bus:SmallEntities 2023-06-01 2024-05-31 09572948 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09572948 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09572948 frs-bus:Director1 2023-06-01 2024-05-31 09572948 frs-core:CurrentFinancialInstruments 1 2024-05-31 09572948 frs-countries:EnglandWales 2023-06-01 2024-05-31 09572948 2022-05-31 09572948 2023-05-31 09572948 2022-06-01 2023-05-31 09572948 frs-core:ShareCapital 2023-05-31 09572948 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 09572948 frs-core:CurrentFinancialInstruments 1 2023-05-31
Registered number: 09572948
NICHE MOTOR SALES LIMITED
Unaudited Financial Statements
For The Year Ended 31 May 2024
C M Morars Limited
23 Harold Avenue
Belvedere
Kent
DA17 5NN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 09572948
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 30 30
30 30
Creditors: Amounts Falling Due Within One Year 4 (11,824 ) (11,824 )
NET CURRENT ASSETS (LIABILITIES) (11,794 ) (11,794 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,794 ) (11,794 )
NET LIABILITIES (11,794 ) (11,794 )
CAPITAL AND RESERVES
Called up share capital 5 1 1
Profit and Loss Account (11,795 ) (11,795 )
SHAREHOLDERS' FUNDS (11,794) (11,794)
For the year ending 31 May 2024 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 Mohammed Akeel Bajwa
Director
11/06/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
NICHE MOTOR SALES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09572948 . The registered office is Seymour Works, 341 Sticker Lane,, Bradford, West Yorkshire, England, BD4 8RZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors (1) 11,824 11,824
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 2