Acorah Software Products - Accounts Production 16.3.350 false true false 1 April 2024 31 March 2025 31 March 2025 15520147 Mrs Hemangi Chovatiya iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15520147 2024-03-31 15520147 2025-03-31 15520147 2024-04-01 2025-03-31 15520147 frs-core:CurrentFinancialInstruments 2025-03-31 15520147 frs-core:ShareCapital 2025-03-31 15520147 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15520147 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 15520147 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 15520147 frs-bus:SmallEntities 2024-04-01 2025-03-31 15520147 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 15520147 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 15520147 frs-bus:Director1 2024-04-01 2025-03-31 15520147 frs-countries:EnglandWales 2024-04-01 2025-03-31
Registered number: 15520147
Auto Arc Limited
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 15520147
2025
Notes £ £
CURRENT ASSETS
Debtors 4 18,808
Cash at bank and in hand 1,043
19,851
Creditors: Amounts Falling Due Within One Year 5 (4,461 )
NET CURRENT ASSETS (LIABILITIES) 15,390
TOTAL ASSETS LESS CURRENT LIABILITIES 15,390
NET ASSETS 15,390
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account 15,290
SHAREHOLDERS' FUNDS 15,390
For the year ending 31 March 2025 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 her 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
Mrs Hemangi Chovatiya
Director
16 May 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Auto Arc Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15520147 . The registered office is 12 Axtell Way, Weston Turville, Aylesbury, HP22 3BF.
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 comprises the total amount receivable for goods sold and services provided in the ordinary course of business, net of value added tax, trade discounts and returns.
The company’s revenue is derived from two primary sources:
Sale of used motor vehicles – Revenue from the sale of vehicles is recognised at the point when the significant risks and rewards of ownership have transferred to the buyer, which is typically upon delivery or collection of the vehicle and completion of all sales documentation.
Provision of motor vehicle services – Revenue from repair, maintenance, and other garage services is recognised upon completion of the service provided to the customer. Where services are provided over a period of time, revenue is recognised based on the stage of completion at the reporting date, provided the outcome of the transaction can be estimated reliably.
Revenue is only recognised when it is probable that the economic benefits associated with the transaction will flow to the company and the amount of revenue can be measured reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
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4. Debtors
2025
£
Due within one year
Amounts owed by participating interests 3,292
Other debtors 15,516
18,808
5. Creditors: Amounts Falling Due Within One Year
2025
£
Taxation and social security 4,461
6. Share Capital
2025
£
Allotted, Called up and fully paid 100
Page 2