Acorah Software Products - Accounts Production 16.2.850 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 11949053 Mr Gurleen Singh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11949053 2023-04-30 11949053 2024-04-30 11949053 2023-05-01 2024-04-30 11949053 frs-core:CurrentFinancialInstruments 2024-04-30 11949053 frs-core:Non-currentFinancialInstruments 2024-04-30 11949053 frs-core:ComputerEquipment 2024-04-30 11949053 frs-core:ComputerEquipment 2023-05-01 2024-04-30 11949053 frs-core:ComputerEquipment 2023-04-30 11949053 frs-core:MotorVehicles 2024-04-30 11949053 frs-core:MotorVehicles 2023-05-01 2024-04-30 11949053 frs-core:MotorVehicles 2023-04-30 11949053 frs-core:ShareCapital 2024-04-30 11949053 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 11949053 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11949053 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 11949053 frs-bus:SmallEntities 2023-05-01 2024-04-30 11949053 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11949053 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11949053 frs-bus:Director1 2023-05-01 2024-04-30 11949053 frs-countries:EnglandWales 2023-05-01 2024-04-30 11949053 2022-04-30 11949053 2023-04-30 11949053 2022-05-01 2023-04-30 11949053 frs-core:CurrentFinancialInstruments 2023-04-30 11949053 frs-core:Non-currentFinancialInstruments 2023-04-30 11949053 frs-core:ShareCapital 2023-04-30 11949053 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 11949053
Reliable Transport UK Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Numericalz Advisers Limited
Suite 2004, Fleet House
Springhead Enterprise Park
Northfleet
Kent
DA11 8HJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11949053
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 118,579 61,212
118,579 61,212
CURRENT ASSETS
Debtors 5 54,950 29,375
Cash at bank and in hand 8,446 19,591
63,396 48,966
Creditors: Amounts Falling Due Within One Year 6 (41,306 ) (43,494 )
NET CURRENT ASSETS (LIABILITIES) 22,090 5,472
TOTAL ASSETS LESS CURRENT LIABILITIES 140,669 66,684
Creditors: Amounts Falling Due After More Than One Year 7 (89,318 ) (38,875 )
NET ASSETS 51,351 27,809
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 51,350 27,808
SHAREHOLDERS' FUNDS 51,351 27,809
Page 1
Page 2
For the year ending 30 April 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
Mr Gurleen Singh
Director
31/05/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Reliable Transport UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11949053 . The registered office is Suite 2004, Fleet House, Springhead Enterprise Park, Northfleet, Kent, DA11 8HJ.
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:
Motor Vehicles 15% Reducing Balance Basis
Computer Equipment 25% Reducing Balance Basis
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 84,325 383 84,708
Additions 96,750 - 96,750
Disposals (25,500 ) - (25,500 )
As at 30 April 2024 155,575 383 155,958
Depreciation
As at 1 May 2023 23,400 96 23,496
Provided during the period 20,888 71 20,959
Disposals (7,076 ) - (7,076 )
As at 30 April 2024 37,212 167 37,379
Net Book Value
As at 30 April 2024 118,363 216 118,579
As at 1 May 2023 60,925 287 61,212
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 4,425
Other debtors 54,950 24,950
54,950 29,375
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1,149
Other taxes and social security - 506
VAT 32,837 33,923
Other creditors 2,000 2,000
Accruals and deferred income 5,250 3,583
Director's loan account 1,219 2,333
41,306 43,494
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 89,318 38,875
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 5,000 10,000
Final dividend paid 10,000 7,000
15,000 17,000
Page 4