Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 09015705 Mrs Milica Lewis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09015705 2023-04-30 09015705 2024-04-30 09015705 2023-05-01 2024-04-30 09015705 frs-core:CurrentFinancialInstruments 2024-04-30 09015705 frs-core:Non-currentFinancialInstruments 2024-04-30 09015705 frs-core:ComputerEquipment 2024-04-30 09015705 frs-core:ComputerEquipment 2023-05-01 2024-04-30 09015705 frs-core:ComputerEquipment 2023-04-30 09015705 frs-core:FurnitureFittings 2024-04-30 09015705 frs-core:FurnitureFittings 2023-05-01 2024-04-30 09015705 frs-core:FurnitureFittings 2023-04-30 09015705 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 09015705 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 09015705 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 09015705 frs-core:MotorVehicles 2024-04-30 09015705 frs-core:MotorVehicles 2023-05-01 2024-04-30 09015705 frs-core:MotorVehicles 2023-04-30 09015705 frs-core:PlantMachinery 2024-04-30 09015705 frs-core:PlantMachinery 2023-05-01 2024-04-30 09015705 frs-core:PlantMachinery 2023-04-30 09015705 frs-core:ShareCapital 2024-04-30 09015705 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 09015705 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09015705 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 09015705 frs-bus:SmallEntities 2023-05-01 2024-04-30 09015705 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09015705 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09015705 frs-bus:Director1 2023-05-01 2024-04-30 09015705 frs-bus:Director1 2023-04-30 09015705 frs-bus:Director1 2024-04-30 09015705 frs-countries:EnglandWales 2023-05-01 2024-04-30 09015705 2022-04-30 09015705 2023-04-30 09015705 2022-05-01 2023-04-30 09015705 frs-core:CurrentFinancialInstruments 2023-04-30 09015705 frs-core:Non-currentFinancialInstruments 2023-04-30 09015705 frs-core:ShareCapital 2023-04-30 09015705 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 09015705
ATB Motor Engineers Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09015705
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 29,421 34,004
29,421 34,004
CURRENT ASSETS
Stocks 4 3,670 3,360
Debtors 5 34,125 36,473
Cash at bank and in hand 63,597 8,012
101,392 47,845
Creditors: Amounts Falling Due Within One Year 6 (157,787 ) (120,406 )
NET CURRENT ASSETS (LIABILITIES) (56,395 ) (72,561 )
TOTAL ASSETS LESS CURRENT LIABILITIES (26,974 ) (38,557 )
Creditors: Amounts Falling Due After More Than One Year 7 (10,041 ) (17,042 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,362 ) (6,354 )
NET LIABILITIES (42,377 ) (61,953 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Income Statement (42,378 ) (61,954 )
SHAREHOLDERS' FUNDS (42,377) (61,953)
Page 1
Page 2
For the year ending 30 April 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 her 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 Income Statement.
On behalf of the board
Mrs Milica Lewis
Director
15/01/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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:
Leasehold 2% on reducing balance
Plant & Machinery 15% on reducing balance
Motor Vehicles 25% on reducing balance,
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on reducing balance,
1.4. 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.
1.5. 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 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
3. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 May 2023 13,343 83,656 - 110
As at 30 April 2024 13,343 83,656 - 110
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 May 2023 2,160 60,524 311 110
Provided during the period 267 4,627 (311 ) -
As at 30 April 2024 2,427 65,151 - 110
Net Book Value
As at 30 April 2024 10,916 18,505 - -
As at 1 May 2023 11,183 23,132 (311 ) -
Computer Equipment Total
£ £
Cost
As at 1 May 2023 1,990 99,099
As at 30 April 2024 1,990 99,099
Depreciation
As at 1 May 2023 1,990 65,095
Provided during the period - 4,583
As at 30 April 2024 1,990 69,678
Net Book Value
As at 30 April 2024 - 29,421
As at 1 May 2023 - 34,004
4. Stocks
2024 2023
£ £
Stock 3,670 3,360
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 34,125 36,473
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 7,085 6,865
Other creditors 133,297 106,700
Taxation and social security 17,405 6,841
157,787 120,406
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,041 17,042
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Mrs Milica Lewis 104,953 (42,998 ) 68,561 - 131,016
The above loan is unsecured, interest free and repayable on demand.
Page 5