Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09299717 Mr Stuart Baines Mr Mark Baines Mr Alan Baines Mr Stuart Baines iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09299717 2023-12-31 09299717 2024-12-31 09299717 2024-01-01 2024-12-31 09299717 frs-core:CurrentFinancialInstruments 2024-12-31 09299717 frs-core:ComputerEquipment 2024-12-31 09299717 frs-core:ComputerEquipment 2024-01-01 2024-12-31 09299717 frs-core:ComputerEquipment 2023-12-31 09299717 frs-core:NetGoodwill 2024-12-31 09299717 frs-core:NetGoodwill 2024-01-01 2024-12-31 09299717 frs-core:NetGoodwill 2023-12-31 09299717 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 09299717 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09299717 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 09299717 frs-core:MotorVehicles 2024-12-31 09299717 frs-core:MotorVehicles 2024-01-01 2024-12-31 09299717 frs-core:MotorVehicles 2023-12-31 09299717 frs-core:PlantMachinery 2024-12-31 09299717 frs-core:PlantMachinery 2024-01-01 2024-12-31 09299717 frs-core:PlantMachinery 2023-12-31 09299717 frs-core:ShareCapital 2024-12-31 09299717 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09299717 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09299717 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09299717 frs-bus:SmallEntities 2024-01-01 2024-12-31 09299717 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09299717 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09299717 frs-bus:Director1 2024-01-01 2024-12-31 09299717 frs-bus:Director2 2024-01-01 2024-12-31 09299717 frs-bus:Director3 2024-01-01 2024-12-31 09299717 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 09299717 1 2024-01-01 2024-12-31 09299717 frs-countries:EnglandWales 2024-01-01 2024-12-31 09299717 2022-12-31 09299717 2023-12-31 09299717 2023-01-01 2023-12-31 09299717 frs-core:CurrentFinancialInstruments 2023-12-31 09299717 frs-core:ShareCapital 2023-12-31 09299717 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09299717 1 2023-01-01 2023-12-31
Registered number: 09299717
Belmont Garage & Sons Ltd.
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: 09299717
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 175,000 200,000
Tangible Assets 5 136,561 137,815
311,561 337,815
CURRENT ASSETS
Stocks 12,000 10,500
Debtors 6 50,423 39,548
Cash at bank and in hand 495,744 431,361
558,167 481,409
Creditors: Amounts Falling Due Within One Year 7 (110,995 ) (118,414 )
NET CURRENT ASSETS (LIABILITIES) 447,172 362,995
TOTAL ASSETS LESS CURRENT LIABILITIES 758,733 700,810
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,883 ) (3,189 )
NET ASSETS 754,850 697,621
CAPITAL AND RESERVES
Called up share capital 8 300 300
Profit and Loss Account 754,550 697,321
SHAREHOLDERS' FUNDS 754,850 697,621
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 Mark Baines
Director
14/04/2025
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
Belmont Garage & Sons Ltd. registered number 09299717 is a private company limited by shares and incorporated in England. The Registered Office is Belmont Garage, Inglewhite Road, Longridge, Preston, Lancs, PR3 2DB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historic cost convention and in accordance with FRS 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 10 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:
Freehold 0%
Plant & Machinery 20% Straight Line
Motor Vehicles 25% Reducing Balance
Computer Equipment 25% Straight Line
2.5. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.6. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The Company's liability for current tax is calculated using tax rates that have been enacted or substantially enacted by the end of the reporting period.

Deferred tax is recognised on all 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. 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 substantially enacted by the end of the reporting period.
Page 3
Page 4
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Mechanics 7 9
8 10
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 250,000
As at 31 December 2024 250,000
Amortisation
As at 1 January 2024 50,000
Provided during the period 25,000
As at 31 December 2024 75,000
Net Book Value
As at 31 December 2024 175,000
As at 1 January 2024 200,000
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 121,031 21,578 11,909 - 154,518
Additions - - - 3,257 3,257
As at 31 December 2024 121,031 21,578 11,909 3,257 157,775
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 January 2024 - 7,699 9,004 - 16,703
Provided during the period - 3,514 725 272 4,511
As at 31 December 2024 - 11,213 9,729 272 21,214
Net Book Value
As at 31 December 2024 121,031 10,365 2,180 2,985 136,561
As at 1 January 2024 121,031 13,879 2,905 - 137,815
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 46,858 36,932
Prepayments and accrued income 3,565 2,616
50,423 39,548
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 23,031 23,401
Corporation tax 51,212 45,131
Other taxes and social security 3,939 -
VAT 26,810 24,020
Other creditors 785 -
Accruals and deferred income 5,218 25,862
110,995 118,414
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 300 300
Page 5