Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04856546 Mr A G Mott Mr T C Mott Mr C N Mott Mr A G Mott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04856546 2023-12-31 04856546 2024-12-31 04856546 2024-01-01 2024-12-31 04856546 frs-core:CurrentFinancialInstruments 2024-12-31 04856546 frs-core:Non-currentFinancialInstruments 2024-12-31 04856546 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04856546 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04856546 frs-core:MotorVehicles 2024-01-01 2024-12-31 04856546 frs-core:PlantMachinery 2024-12-31 04856546 frs-core:PlantMachinery 2024-01-01 2024-12-31 04856546 frs-core:PlantMachinery 2023-12-31 04856546 frs-core:ShareCapital 2024-12-31 04856546 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04856546 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04856546 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04856546 frs-bus:SmallEntities 2024-01-01 2024-12-31 04856546 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04856546 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04856546 frs-bus:Director1 2024-01-01 2024-12-31 04856546 frs-bus:Director2 2024-01-01 2024-12-31 04856546 frs-bus:Director3 2024-01-01 2024-12-31 04856546 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 04856546 frs-countries:EnglandWales 2024-01-01 2024-12-31 04856546 2022-12-31 04856546 2023-12-31 04856546 2023-01-01 2023-12-31 04856546 frs-core:CurrentFinancialInstruments 2023-12-31 04856546 frs-core:Non-currentFinancialInstruments 2023-12-31 04856546 frs-core:ShareCapital 2023-12-31 04856546 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04856546
Commercial Remarketing Services Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04856546
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,205 27,101
29,205 27,101
CURRENT ASSETS
Stocks 524,079 633,546
Debtors 5 16,915 21,964
Cash at bank and in hand 363,375 261,817
904,369 917,327
Creditors: Amounts Falling Due Within One Year 6 (311,829 ) (227,000 )
NET CURRENT ASSETS (LIABILITIES) 592,540 690,327
TOTAL ASSETS LESS CURRENT LIABILITIES 621,745 717,428
Creditors: Amounts Falling Due After More Than One Year 7 (28,078 ) (108,000 )
NET ASSETS 593,667 609,428
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 592,667 608,428
SHAREHOLDERS' FUNDS 593,667 609,428
Page 1
Page 2
For the year ending 31 December 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 T C Mott
Director
Mr C N Mott
Director
11 March 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
Commercial Remarketing Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04856546 . The registered office is Crs Trucks Ryder Close, Appleby Glade Industrial Estate, Swadlincote, Derbyshire, DE11 9EU.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. 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.

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:
Plant & Machinery 25% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 33.33% straight line
2.4. Stocks and Work in Progress
Stocks 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.
2.5. 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 years 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.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
Page 3
Page 4
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 January 2024 140,338
Additions 34,863
Disposals (24,250 )
As at 31 December 2024 150,951
Depreciation
As at 1 January 2024 113,237
Provided during the period 22,655
Disposals (14,146 )
As at 31 December 2024 121,746
Net Book Value
As at 31 December 2024 29,205
As at 1 January 2024 27,101
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 7,380
Other debtors 16,915 14,584
16,915 21,964
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 83,679 87,807
Bank loans and overdrafts 5,000 5,707
Other creditors 139,291 28,616
Taxation and social security 83,859 104,870
311,829 227,000
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 28,078 33,000
Other creditors - 75,000
28,078 108,000
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4
Page 5
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are £97,500 (2023: £127,500).
Page 5