Acorah Software Products - Accounts Production 16.2.800 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 06227403 R B Hildick iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06227403 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-06-30 06227403 2023-06-30 06227403 2024-06-30 06227403 2023-07-01 2024-06-30 06227403 frs-core:CurrentFinancialInstruments 2024-06-30 06227403 frs-core:Non-currentFinancialInstruments 2024-06-30 06227403 frs-core:ComputerEquipment 2024-06-30 06227403 frs-core:ComputerEquipment 2023-07-01 2024-06-30 06227403 frs-core:ComputerEquipment 2023-06-30 06227403 frs-core:FurnitureFittings 2024-06-30 06227403 frs-core:FurnitureFittings 2023-07-01 2024-06-30 06227403 frs-core:FurnitureFittings 2023-06-30 06227403 frs-core:NetGoodwill 2024-06-30 06227403 frs-core:NetGoodwill 2023-07-01 2024-06-30 06227403 frs-core:NetGoodwill 2023-06-30 06227403 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 06227403 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06227403 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 06227403 frs-core:PlantMachinery 2024-06-30 06227403 frs-core:PlantMachinery 2023-07-01 2024-06-30 06227403 frs-core:PlantMachinery 2023-06-30 06227403 frs-core:ShareCapital 2024-06-30 06227403 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 06227403 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06227403 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 06227403 frs-bus:SmallEntities 2023-07-01 2024-06-30 06227403 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06227403 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06227403 frs-bus:Director1 2023-07-01 2024-06-30 06227403 frs-countries:EnglandWales 2023-07-01 2024-06-30 06227403 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-06-30 06227403 2022-06-30 06227403 2023-06-30 06227403 2022-07-01 2023-06-30 06227403 frs-core:CurrentFinancialInstruments 2023-06-30 06227403 frs-core:Non-currentFinancialInstruments 2023-06-30 06227403 frs-core:ShareCapital 2023-06-30 06227403 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 06227403
Concours Motor Company (1962) Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06227403
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 742,067 751,237
742,067 751,237
CURRENT ASSETS
Stocks 627,849 572,853
Debtors 6 36,429 39,136
Cash at bank and in hand 25,880 95,819
690,158 707,808
Creditors: Amounts Falling Due Within One Year 7 (359,301 ) (371,090 )
NET CURRENT ASSETS (LIABILITIES) 330,857 336,718
TOTAL ASSETS LESS CURRENT LIABILITIES 1,072,924 1,087,955
Creditors: Amounts Falling Due After More Than One Year 8 (554,142 ) (578,242 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,383 ) (5,854 )
NET ASSETS 514,399 503,859
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 514,199 503,659
SHAREHOLDERS' FUNDS 514,399 503,859
Page 1
Page 2
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 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
R B Hildick
Director
10/03/2025
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
Concours Motor Company (1962) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06227403 . The registered office is 2113 Warwick Road, Knowle, Solihull, B93 0EF.
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 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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, has been fully amortised.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life. 
Freehold 2% on cost
Plant & Machinery 20% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 33% on cost
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.
2.6. 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 items.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
2.8. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.
2.9. Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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2.10. Secured Debts
Creditors include net obligations under finance lease and hire purchase contracts which are secured of £nil (2022 £nil).
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 6)
7 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 40,000
As at 30 June 2024 40,000
Amortisation
As at 1 July 2023 40,000
As at 30 June 2024 40,000
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 795,499 127,564 10,680 3,900 937,643
Additions 1,234 4,080 - - 5,314
As at 30 June 2024 796,733 131,644 10,680 3,900 942,957
Depreciation
As at 1 July 2023 82,294 89,942 10,646 3,524 186,406
Provided during the period 2,230 12,024 34 196 14,484
As at 30 June 2024 84,524 101,966 10,680 3,720 200,890
Net Book Value
As at 30 June 2024 712,209 29,678 - 180 742,067
As at 1 July 2023 713,205 37,622 34 376 751,237
Included in cost of land and buildings is freehold land of £712,857 (2023 - £712,857) which is not depreciated.
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 21,450 30,416
Other debtors 14,979 8,720
36,429 39,136
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 81,965 84,097
Bank loans and overdrafts 36,000 36,000
Corporation tax 7,346 -
Other taxes and social security 96,142 109,987
Other creditors 137,848 141,006
359,301 371,090
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans (see note 11) 186,621 205,915
Other creditors 367,521 372,327
554,142 578,242
Amounts falling due in more than five years:
Repayable by instalments
2024 2023
£ £
Bank loans 42,621 61,915
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
10. Loans
An analysis of the maturity of loans is given below:
                                                                                                                                                2024                 2023
                                                                                                                                                   £                        £
Amounts falling due within one year or on demand:
Bank loans                                                                                                                               36,000                36,000
Other loans                                                                                                                              10,000                23,416 
                                                                                                                                             _______              _______
                                                                                                                                               46,000                59,416
Amounts falling due between one and two years:
Bank loans - 1-2 years                                                                                                               36,000               36,000
Other loans - 1-2 years                                                                                                              10,000               10,000
                                                                                                                                              _______             _______
                                                                                                                                                46,000               46,000
Amounts falling due between two and five years:
Bank loans - 2-5 years                                                                                                              108,000             108,000
Other loans - 2-5 years                                                                                                                 1,667              10,834
                                                                                                                                             ________          ________
                                                                                                                                               109,667            118,834
                                                                                                                                                 2024                 2023
                                                                                                                                                    £                        £
...CONTINUED
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Amounts falling due in more than five years:
Repayable by instalments                                                                                                         ________        ________
Bank loans more 5 yr by instal                                                                                                     42,621             61,915
A commercial mortgage is secured against the freehold property and workshop. The loan has a variable interest rate, currently 7.0%, and matures on 29 June 2032. The amount outstanding at the year end is £ 222,621 (2023 £ 241,915).
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