Acorah Software Products - Accounts Production 16.1.300 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10129645 Mr Michael Stevenson Miss Chloe Stevenson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10129645 2023-04-30 10129645 2024-04-30 10129645 2023-05-01 2024-04-30 10129645 frs-core:CurrentFinancialInstruments 2024-04-30 10129645 frs-core:Non-currentFinancialInstruments 2024-04-30 10129645 frs-core:BetweenOneFiveYears 2024-04-30 10129645 frs-core:ComputerEquipment 2024-04-30 10129645 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10129645 frs-core:ComputerEquipment 2023-04-30 10129645 frs-core:MotorVehicles 2024-04-30 10129645 frs-core:MotorVehicles 2023-05-01 2024-04-30 10129645 frs-core:MotorVehicles 2023-04-30 10129645 frs-core:WithinOneYear 2024-04-30 10129645 frs-core:ShareCapital 2024-04-30 10129645 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10129645 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10129645 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10129645 frs-bus:SmallEntities 2023-05-01 2024-04-30 10129645 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10129645 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10129645 frs-bus:Director1 2023-05-01 2024-04-30 10129645 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 10129645 frs-countries:EnglandWales 2023-05-01 2024-04-30 10129645 2022-04-30 10129645 2023-04-30 10129645 2022-05-01 2023-04-30 10129645 frs-core:CurrentFinancialInstruments 2023-04-30 10129645 frs-core:Non-currentFinancialInstruments 2023-04-30 10129645 frs-core:BetweenOneFiveYears 2023-04-30 10129645 frs-core:WithinOneYear 2023-04-30 10129645 frs-core:ShareCapital 2023-04-30 10129645 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10129645
Claydon Executive Travel Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Skymark Financial Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10129645
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 109,870 87,121
109,870 87,121
CURRENT ASSETS
Debtors 5 6,547 4,259
Cash at bank and in hand 2,601 2,735
9,148 6,994
Creditors: Amounts Falling Due Within One Year 6 (151,093 ) (93,164 )
NET CURRENT ASSETS (LIABILITIES) (141,945 ) (86,170 )
TOTAL ASSETS LESS CURRENT LIABILITIES (32,075 ) 951
Creditors: Amounts Falling Due After More Than One Year 7 (32,586 ) (38,495 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,020 ) (1,020 )
NET LIABILITIES (65,681 ) (38,564 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (65,682 ) (38,565 )
SHAREHOLDERS' FUNDS (65,681) (38,564)
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 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 Michael Stevenson
Director
24/01/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Claydon Executive Travel Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10129645 . The registered office is 75 Plumbers Dell, Great Blakenham, Ipswich, Suffolk, IP6 0HW.
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. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
The financial statements have been prepared on a going concern basis even though at the balance sheet date the company had net (liabilities)/assets amounting to (£65,681) 2023:(£38,564) and incurred a net (loss)/profit after tax of (£27,117) 2023: (£28,594).
The directors have concluded that a material uncertainly exists that cast’s significant doubt
upon the company's ability to continue as a going concern and that, therefore, the company
may be unable to realise its assets and discharge its liabilities in the normal course of
business.
However, the shareholders have expressed their willingness to provide financial support for
the next 12 months as from the date of approval of the financial statements in order for the
company to meet its current liabilities, therefore the directors continue to adopt the going
concern basis of accounting.
2.3. 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.
2.4. 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:
Motor Vehicles 25% reducig balance
Computer Equipment 25% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 185,111 1,576 186,687
Additions 59,414 - 59,414
As at 30 April 2024 244,525 1,576 246,101
Depreciation
As at 1 May 2023 98,354 1,212 99,566
Provided during the period 36,543 122 36,665
As at 30 April 2024 134,897 1,334 136,231
Net Book Value
As at 30 April 2024 109,628 242 109,870
As at 1 May 2023 86,757 364 87,121
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,547 4,259
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 29,034 23,545
Trade creditors (1 ) (2 )
Bank loans and overdrafts 10,648 10,648
Other taxes and social security 3,462 2,540
VAT 17,307 7,136
Other creditors P Stevenson 338 338
Director's loan account 40,063 21,266
Amounts owed to associates 46,977 24,428
Amounts owed to related parties 3,265 3,265
151,093 93,164
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 23,698 18,959
Bank loans 8,888 19,536
32,586 38,495
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8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 36,937 27,861
Later than one year and not later than five years 29,955 24,156
66,892 52,017
Less: Finance charges allocated to future periods 14,160 9,513
52,732 42,504
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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