Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07301051 Mr Kevin Wheadon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07301051 2023-07-31 07301051 2024-07-31 07301051 2023-08-01 2024-07-31 07301051 frs-core:CurrentFinancialInstruments 2024-07-31 07301051 frs-core:Non-currentFinancialInstruments 2024-07-31 07301051 frs-core:ComputerEquipment 2024-07-31 07301051 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07301051 frs-core:ComputerEquipment 2023-07-31 07301051 frs-core:FurnitureFittings 2024-07-31 07301051 frs-core:FurnitureFittings 2023-08-01 2024-07-31 07301051 frs-core:FurnitureFittings 2023-07-31 07301051 frs-core:MotorVehicles 2024-07-31 07301051 frs-core:MotorVehicles 2023-08-01 2024-07-31 07301051 frs-core:MotorVehicles 2023-07-31 07301051 frs-core:ShareCapital 2024-07-31 07301051 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07301051 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07301051 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07301051 frs-bus:SmallEntities 2023-08-01 2024-07-31 07301051 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07301051 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07301051 frs-bus:Director1 2023-08-01 2024-07-31 07301051 frs-core:CurrentFinancialInstruments 1 2024-07-31 07301051 frs-core:CurrentFinancialInstruments 2 2024-07-31 07301051 frs-core:CurrentFinancialInstruments 3 2024-07-31 07301051 frs-countries:EnglandWales 2023-08-01 2024-07-31 07301051 2022-07-31 07301051 2023-07-31 07301051 2022-08-01 2023-07-31 07301051 frs-core:CurrentFinancialInstruments 2023-07-31 07301051 frs-core:Non-currentFinancialInstruments 2023-07-31 07301051 frs-core:ShareCapital 2023-07-31 07301051 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 07301051 frs-core:CurrentFinancialInstruments 1 2023-07-31 07301051 frs-core:CurrentFinancialInstruments 2 2023-07-31 07301051 frs-core:CurrentFinancialInstruments 3 2023-07-31
Registered number: 07301051
Cardiff Mot & Repair Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
LP's Accounting Services
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07301051
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,840 6,093
5,840 6,093
CURRENT ASSETS
Debtors 5 2,694 10,936
Cash at bank and in hand 83,761 48,180
86,455 59,116
Creditors: Amounts Falling Due Within One Year 6 (18,663 ) (22,537 )
NET CURRENT ASSETS (LIABILITIES) 67,792 36,579
TOTAL ASSETS LESS CURRENT LIABILITIES 73,632 42,672
Creditors: Amounts Falling Due After More Than One Year 7 (14,540 ) (22,668 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (614 ) (614 )
NET ASSETS 58,478 19,390
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 58,378 19,290
SHAREHOLDERS' FUNDS 58,478 19,390
Page 1
Page 2
For the year ending 31 July 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 Kevin Wheadon
Director
01/03/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cardiff Mot & Repair Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07301051 . The registered office is 13 Argyle Way, Ely, Cardiff, CF5 5NP.
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.
2.3. 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:
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 25 % Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 19,085 4,415 1,318 24,818
Additions - - 1,107 1,107
As at 31 July 2024 19,085 4,415 2,425 25,925
Depreciation
As at 1 August 2023 13,913 3,979 833 18,725
Provided during the period 874 87 399 1,360
As at 31 July 2024 14,787 4,066 1,232 20,085
Net Book Value
As at 31 July 2024 4,298 349 1,193 5,840
As at 1 August 2023 5,172 436 485 6,093
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors (6,273 ) 1,969
Other debtors (1) 8,967 8,967
2,694 10,936
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) (1 )
Bank loans and overdrafts 9,577 3,359
Corporation tax 124 825
PAYE Control Account 616 2,117
VAT 4,060 5,135
Net wages 900 1,000
Other creditors (33 ) (33 )
Credit card Account 583 853
Now Pension 52 128
Accruals and deferred income 1,200 6,762
Director's loan account 1,585 2,392
18,663 22,537
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,540 22,668
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4