Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07572755 Mr Michael Beeson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07572755 2024-03-31 07572755 2025-03-31 07572755 2024-04-01 2025-03-31 07572755 frs-core:CurrentFinancialInstruments 2025-03-31 07572755 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07572755 frs-core:NetGoodwill 2025-03-31 07572755 frs-core:NetGoodwill 2024-04-01 2025-03-31 07572755 frs-core:NetGoodwill 2024-03-31 07572755 frs-core:ShareCapital 2025-03-31 07572755 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07572755 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07572755 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07572755 frs-bus:SmallEntities 2024-04-01 2025-03-31 07572755 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07572755 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07572755 frs-bus:Director1 2024-04-01 2025-03-31 07572755 frs-countries:EnglandWales 2024-04-01 2025-03-31 07572755 2023-03-31 07572755 2024-03-31 07572755 2023-04-01 2024-03-31 07572755 frs-core:CurrentFinancialInstruments 2024-03-31 07572755 frs-core:ShareCapital 2024-03-31 07572755 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07572755
A J P Automotive Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Thomas and Company Accountants LLP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07572755
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 107,000 -
107,000 -
CURRENT ASSETS
Stocks 5 9,405 -
Debtors 6 9,473 -
Cash at bank and in hand 14,036 -
32,914 -
Creditors: Amounts Falling Due Within One Year 7 (142,062 ) (748 )
NET CURRENT ASSETS (LIABILITIES) (109,148 ) (748 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,148 ) (748 )
NET LIABILITIES (2,148 ) (748 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (2,248 ) (848 )
SHAREHOLDERS' FUNDS (2,148) (748)
For the year ending 31 March 2025 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 Beeson
Director
03/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
A J P Automotive Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07572755 . The registered office is Unit 4, Fairway Court, Tamworth, STAFFS, B77 4RP.
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.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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:
Computer Equipment 15%
2.5. Stocks and Work in Progress
Stocks and work in progress 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: )
2 -
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 -
Additions 107,000
As at 31 March 2025 107,000
Net Book Value
As at 31 March 2025 107,000
As at 1 April 2024 -
Page 2
Page 3
5. Stocks
2025 2024
£ £
Stock 9,405 -
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 10,314 -
Other debtors (841 ) -
9,473 -
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,646 -
Other taxes and social security 167 -
VAT 6,529 -
Other creditors - 748
Director's loan account 130,720 -
142,062 748
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3