Company Registration No. NI644405 (Northern Ireland)
A Plus Motoring academy Limited
Unaudited accounts
for the year ended 30 June 2024
A Plus Motoring academy Limited
Unaudited accounts
Contents
A Plus Motoring academy Limited
Company Information
for the year ended 30 June 2024
Company Number
NI644405 (Northern Ireland)
Registered Office
36 Breezemount Manor
Hamiltonsbawn
Armagh
BT61 9SQ
Accountants
SJK
8 Bridge Road
Moira
Co. Armagh
BT67 0PF
A Plus Motoring academy Limited
Statement of financial position
as at 30 June 2024
Tangible assets
16,969
12,569
Cash at bank and in hand
1,347
533
Creditors: amounts falling due within one year
(22,510)
(20,139)
Net current liabilities
(19,873)
(19,606)
Total assets less current liabilities
(2,904)
(7,037)
Creditors: amounts falling due after more than one year
(14,997)
(10,066)
Net liabilities
(17,901)
(17,103)
Called up share capital
100
100
Profit and loss account
(18,001)
(17,203)
Shareholders' funds
(17,901)
(17,103)
For the year ending 30 June 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 March 2025 and were signed on its behalf by
Karen Rowland
Director
Company Registration No. NI644405
A Plus Motoring academy Limited
Notes to the Accounts
for the year ended 30 June 2024
A Plus Motoring academy Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI644405. The registered office is 36 Breezemount Manor, Hamiltonsbawn, Armagh, BT61 9SQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation and impairment.
Goodwill arising on an acquisition is the difference between the fair value of the assets and liabilities acquired and the cost of the acquisition. It is capitalised and amortised through the profit and loss account over the directors' estimate of its useful economic life. Impairment tests on the carrying value of goodwill are undertaken;
- At the end of the first full financial year following acquisition.
- In other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill - 10% straight line
If there is no indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Impairment of goodwill
The need for any fixed asset impairment write down is assessed by comparison of the carrying value of the asset against the higher of the realisable value and value in use.
A Plus Motoring academy Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2023
26,871
1,687
28,558
Disposals
(11,821)
-
(11,821)
At 30 June 2024
31,504
1,687
33,191
At 1 July 2023
15,385
604
15,989
Charge for the year
5,785
217
6,002
On disposals
(5,769)
-
(5,769)
At 30 June 2024
15,401
821
16,222
At 30 June 2024
16,103
866
16,969
At 30 June 2023
11,486
1,083
12,569
Amounts falling due within one year
Accrued income and prepayments
1,091
-
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,218
1,249
Obligations under finance leases and hire purchase contracts
1,504
1,901
Trade creditors
7,687
7,329
Loans from directors
11,141
8,640
A Plus Motoring academy Limited
Notes to the Accounts
for the year ended 30 June 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,515
5,415
Other creditors
2,400
2,400
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).