Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 00663769 Mr Michael Waller Mr John Waller true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00663769 2023-04-30 00663769 2024-04-30 00663769 2023-05-01 2024-04-30 00663769 frs-core:CurrentFinancialInstruments 2024-04-30 00663769 frs-core:ComputerEquipment 2023-05-01 2024-04-30 00663769 frs-core:FurnitureFittings 2023-05-01 2024-04-30 00663769 frs-core:PlantMachinery 2023-05-01 2024-04-30 00663769 frs-core:ShareCapital 2024-04-30 00663769 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 00663769 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 00663769 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 00663769 frs-bus:SmallEntities 2023-05-01 2024-04-30 00663769 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 00663769 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 00663769 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30 00663769 frs-bus:OrdinaryShareClass1 2024-04-30 00663769 frs-bus:OrdinaryShareClass2 2023-05-01 2024-04-30 00663769 frs-bus:OrdinaryShareClass2 2024-04-30 00663769 frs-bus:OrdinaryShareClass3 2023-05-01 2024-04-30 00663769 frs-bus:OrdinaryShareClass3 2024-04-30 00663769 frs-bus:OrdinaryShareClass4 2023-05-01 2024-04-30 00663769 frs-bus:OrdinaryShareClass4 2024-04-30 00663769 frs-bus:PreferenceShareClass1 2023-05-01 2024-04-30 00663769 frs-bus:PreferenceShareClass1 2024-04-30 00663769 1 2023-05-01 2024-04-30 00663769 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-30 00663769 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-30 00663769 frs-bus:Director1 2023-05-01 2024-04-30 00663769 frs-bus:Director2 2023-05-01 2024-04-30 00663769 frs-countries:EnglandWales 2023-05-01 2024-04-30 00663769 2022-04-30 00663769 2023-04-30 00663769 2022-05-01 2023-04-30 00663769 frs-core:CurrentFinancialInstruments 2023-04-30 00663769 frs-core:ShareCapital 2023-04-30 00663769 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 00663769 frs-bus:OrdinaryShareClass1 2022-05-01 2023-04-30 00663769 frs-bus:OrdinaryShareClass2 2022-05-01 2023-04-30 00663769 frs-bus:OrdinaryShareClass3 2022-05-01 2023-04-30 00663769 frs-bus:OrdinaryShareClass4 2022-05-01 2023-04-30 00663769 frs-bus:PreferenceShareClass1 2022-05-01 2023-04-30 00663769 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-30
Registered number: 00663769
Crayford Motors Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Dartnell Lynn Ltd
75 Argyle Street
Cambridge
CB1 3LS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00663769
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,285,000 2,285,000
2,285,000 2,285,000
CURRENT ASSETS
Cash at bank and in hand 16,970 18,663
16,970 18,663
Creditors: Amounts Falling Due Within One Year 5 (60,502 ) (52,550 )
NET CURRENT ASSETS (LIABILITIES) (43,532 ) (33,887 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,241,468 2,251,113
PROVISIONS FOR LIABILITIES
Deferred Taxation 6 (347,883 ) (347,883 )
NET ASSETS 1,893,585 1,903,230
CAPITAL AND RESERVES
Called up share capital 7 1,200 1,200
Fair value reserve 10 1,466,771 1,466,771
Profit and Loss Account 425,614 435,259
SHAREHOLDERS' FUNDS 1,893,585 1,903,230
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 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 Waller
Director
13th January 2025
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
Crayford Motors Limited Registered number 00663769 is a limited by shares company incorporated in England & Wales. The Registered Office is Prospect Cottage, 1 The Street, Shorne, Gravesend, Kent, DA12 3EA.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation.Depreciation is not charged on freehold land. 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
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Straight Line
2.3. Investment Properties
Investment properties shall be included in the balance sheet at their fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 Directors and 2 employees. Total  4 (2023: 4)
4 4
4. Investment Property
2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 2,285,000
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Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 9,067 10,945
Corporation tax 37,166 29,360
Net wages 283 783
Other creditors 40 40
Directors' loan accounts 13,946 11,422
60,502 52,550
Amounts due to directors at year end. MW Waller £ 7,322 (2023 £ 10,070), JCW Waller £ 6,623 (2023 £ 1,351)
6. Deferred Taxation
The provision for deferred taxation relates to investment property
2024 2023
£ £
Other timing differences 347,883 347,883
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
918 Ordinary Shares of £ 0.050 each 46 46
916 Ordinary A shares of £ 0.050 each 46 46
166 Ordinary B shares of £ 0.050 each 8 8
2,000 Ordinary C shares of £ 0.050 each 100 100
200 200
Preference Shares
2024 2023
Allotted, called up and fully paid £ £
1,000 Preference Shares of £ 1.000 each 1,000 1,000
8. Directors Advances, Credits and Guarantees
Dividends paid to Mr M C V Waller £ 7,500 (2023 £7,500) and Mr J C V Waller £ 7,500 (2023 £ 7,500)
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 124,890 124,890
At 30 April 2024 £ 100,760 (2023 £ 100,760) was payable in Dividends to F Waller and C Waller, directors spouses. 
At 30 April 2024 £ 9,130 (2023 £ 9,130 was payable in Dividends to Jane Bentley, Sister of Mr M R V Waller and Mr J C Waller.
Page 4
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10. Reserves
Fair Value Reserve
£
As at 1 May 2023 1,466,771
As at 30 April 2024 1,466,771
11. Related Party Transactions
Transactions with related parties. Final Dividend Issue - Ms J Bentley, Sister of Mr M C V Waller and Mr J C V Waller £ 9,130. Mrs F Waller, Spouse of Mr J C V Waller £ 50,380 and Mrs C Waller, Spouse of Mr M C V Waller £50,380
12. Ultimate Controlling Party
The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company and each own over 25% of the shares.
Page 5