Acorah Software Products - Accounts Production 16.3.350 false true true 30 November 2023 28 November 2022 false 1 December 2023 30 November 2024 30 November 2024 14509959 Mr Martyn Goodyear iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14509959 2023-11-30 14509959 2024-11-30 14509959 2023-12-01 2024-11-30 14509959 frs-core:CurrentFinancialInstruments 2024-11-30 14509959 frs-core:MotorVehicles 2024-11-30 14509959 frs-core:MotorVehicles 2023-12-01 2024-11-30 14509959 frs-core:MotorVehicles 2023-11-30 14509959 frs-core:ShareCapital 2024-11-30 14509959 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 14509959 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 14509959 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 14509959 frs-bus:SmallEntities 2023-12-01 2024-11-30 14509959 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 14509959 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 14509959 frs-bus:Director1 2023-12-01 2024-11-30 14509959 frs-countries:EnglandWales 2023-12-01 2024-11-30 14509959 2022-11-27 14509959 2023-11-30 14509959 2022-11-28 2023-11-30 14509959 frs-core:CurrentFinancialInstruments 2023-11-30 14509959 frs-core:ShareCapital 2023-11-30 14509959 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 14509959
Luton Man And Van Removals Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Spicer & Co UK Limited
Chartered Accountants
Staple House
5 Eleanors Cross
Dunstable
Bedfordshire
LU6 1SU
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14509959
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,951 25,995
22,951 25,995
CURRENT ASSETS
Debtors 5 2,937 15,440
Cash at bank and in hand 18,185 26,261
21,122 41,701
Creditors: Amounts Falling Due Within One Year 6 (19,586 ) (35,788 )
NET CURRENT ASSETS (LIABILITIES) 1,536 5,913
TOTAL ASSETS LESS CURRENT LIABILITIES 24,487 31,908
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (4,361 ) -
NET ASSETS 20,126 31,908
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 20,026 31,808
SHAREHOLDERS' FUNDS 20,126 31,908
For the year ending 30 November 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 Martyn Goodyear
Director
06/05/2025
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Luton Man And Van Removals Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14509959 . The registered office is 762 Dunstable Road, Luton, LU4 0DX.
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. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. 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.
2.4. 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:
Motor Vehicles over 10 years
2.5. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2.6. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.7. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 December 2023 29,038
As at 30 November 2024 29,038
Depreciation
As at 1 December 2023 3,043
Provided during the period 3,044
As at 30 November 2024 6,087
Net Book Value
As at 30 November 2024 22,951
As at 1 December 2023 25,995
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,936 15,440
Other debtors 1 -
2,937 15,440
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,305 8,453
Taxation and social security 12,281 27,335
19,586 35,788
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 4,361 -
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Profit and Loss Account
The Profit and Loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholder. This is a distributable reserve.
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