Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07310457 J J Webster iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07310457 2023-07-31 07310457 2024-07-31 07310457 2023-08-01 2024-07-31 07310457 frs-core:CurrentFinancialInstruments 2024-07-31 07310457 frs-core:PlantMachinery 2024-07-31 07310457 frs-core:PlantMachinery 2023-08-01 2024-07-31 07310457 frs-core:PlantMachinery 2023-07-31 07310457 frs-core:ShareCapital 2024-07-31 07310457 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07310457 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07310457 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07310457 frs-bus:SmallEntities 2023-08-01 2024-07-31 07310457 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07310457 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07310457 frs-bus:Director1 2023-08-01 2024-07-31 07310457 frs-countries:EnglandWales 2023-08-01 2024-07-31 07310457 2022-07-31 07310457 2023-07-31 07310457 2022-08-01 2023-07-31 07310457 frs-core:CurrentFinancialInstruments 2023-07-31 07310457 frs-core:ShareCapital 2023-07-31 07310457 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07310457
CTC Express Limited
Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07310457
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 90,380 101,787
90,380 101,787
CURRENT ASSETS
Debtors 5 433,183 513,993
Cash at bank and in hand 125,701 206,618
558,884 720,611
Creditors: Amounts Falling Due Within One Year 6 (197,874 ) (239,047 )
NET CURRENT ASSETS (LIABILITIES) 361,010 481,564
TOTAL ASSETS LESS CURRENT LIABILITIES 451,390 583,351
NET ASSETS 451,390 583,351
CAPITAL AND RESERVES
Called up share capital 8 105 105
Profit and Loss Account 451,285 583,246
SHAREHOLDERS' FUNDS 451,390 583,351
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
J J Webster
Director
09/04/2025
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
CTC Express Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07310457 . The registered office is Suite 17, Essex House, Station Road, Upminster, Essex, RM14 2SJ.
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. 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 and machinery etc. - Straight line over 4 years and Stright line over 3 years dependent on asset.
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 11)
9 11
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 August 2023 149,590
Additions 117,777
Disposals (40,908 )
As at 31 July 2024 226,459
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 August 2023 47,803
Provided during the period 101,912
Disposals (13,636 )
As at 31 July 2024 136,079
Net Book Value
As at 31 July 2024 90,380
As at 1 August 2023 101,787
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 313,510 277,992
Other debtors 119,673 236,001
433,183 513,993
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 43,128 29,728
Other creditors 6,326 62,186
Taxation and social security 148,420 147,133
197,874 239,047
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 105 105
Page 3