Acorah Software Products - Accounts Production 16.2.850 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 01745074 Mr Simon Ellis Mrs Tracey Ellis Miss Susan Ellis Mrs Tracey Ellis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01745074 2023-10-31 01745074 2024-10-31 01745074 2023-11-01 2024-10-31 01745074 frs-core:CurrentFinancialInstruments 2024-10-31 01745074 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 01745074 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 01745074 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 01745074 frs-core:MotorVehicles 2024-10-31 01745074 frs-core:MotorVehicles 2023-11-01 2024-10-31 01745074 frs-core:MotorVehicles 2023-10-31 01745074 frs-core:PlantMachinery 2024-10-31 01745074 frs-core:PlantMachinery 2023-11-01 2024-10-31 01745074 frs-core:PlantMachinery 2023-10-31 01745074 frs-core:ShareCapital 2024-10-31 01745074 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 01745074 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 01745074 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 01745074 frs-bus:SmallEntities 2023-11-01 2024-10-31 01745074 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 01745074 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 01745074 frs-core:ListedExchangeTraded 2024-10-31 01745074 frs-core:ListedExchangeTraded 2023-10-31 01745074 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-10-31 01745074 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-10-31 01745074 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-10-31 01745074 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-10-31 01745074 frs-bus:Director1 2023-11-01 2024-10-31 01745074 frs-bus:Director2 2023-11-01 2024-10-31 01745074 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 01745074 frs-bus:CompanySecretary2 2023-11-01 2024-10-31 01745074 frs-countries:EnglandWales 2023-11-01 2024-10-31 01745074 2022-10-31 01745074 2023-10-31 01745074 2022-11-01 2023-10-31 01745074 frs-core:CurrentFinancialInstruments 2023-10-31 01745074 frs-core:ShareCapital 2023-10-31 01745074 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 01745074
Oakham Tyre Co. (Rutland) Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01745074
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 56,153 1,003,690
Investments 5 482 482
56,635 1,004,172
CURRENT ASSETS
Stocks 6 58,023 58,306
Debtors 7 869,096 98,015
Cash at bank and in hand 370,376 178,231
1,297,495 334,552
Creditors: Amounts Falling Due Within One Year 8 (132,185 ) (135,173 )
NET CURRENT ASSETS (LIABILITIES) 1,165,310 199,379
TOTAL ASSETS LESS CURRENT LIABILITIES 1,221,945 1,203,551
NET ASSETS 1,221,945 1,203,551
CAPITAL AND RESERVES
Called up share capital 9 201 201
Profit and Loss Account 1,221,744 1,203,350
SHAREHOLDERS' FUNDS 1,221,945 1,203,551
Page 1
Page 2
For the year ending 31 October 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 Simon Ellis
Director
16/04/2025
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
Oakham Tyre Co. (Rutland) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01745074 . The registered office is 101 Station Road, Oakham, Rutland, LE15 6QT.
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.

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:
Freehold Not depreciated
Plant & Machinery 20% reducing balance
Motor Vehicles 25% reducing balance
2.4. 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.
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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 November 2023 948,892 155,873 13,669 1,118,434
Additions - 6,289 6,500 12,789
Disposals (948,892 ) (9,111 ) - (958,003 )
As at 31 October 2024 - 153,051 20,169 173,220
Depreciation
As at 1 November 2023 - 102,279 12,465 114,744
Provided during the period - 8,507 1,926 10,433
Disposals - (8,110 ) - (8,110 )
As at 31 October 2024 - 102,676 14,391 117,067
Net Book Value
As at 31 October 2024 - 50,375 5,778 56,153
As at 1 November 2023 948,892 53,594 1,204 1,003,690
5. Investments
Listed
£
Cost
As at 1 November 2023 482
As at 31 October 2024 482
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 482
As at 1 November 2023 482
6. Stocks
2024 2023
£ £
Stock 58,023 58,306
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 26,439 28,057
Other debtors - 69,958
Amounts owed by group undertakings 842,657 -
869,096 98,015
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 86,829 85,433
Corporation tax 24,105 27,686
Other taxes and social security 17,995 19,702
Directors' loan accounts 3,256 2,352
132,185 135,173
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 201 201
Page 5