Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 03532408 Mr E C Chesterman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03532408 2023-08-31 03532408 2024-08-31 03532408 2023-09-01 2024-08-31 03532408 frs-core:FurnitureFittings 2023-09-01 2024-08-31 03532408 frs-core:MotorVehicles 2023-09-01 2024-08-31 03532408 frs-core:ShareCapital 2024-08-31 03532408 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 03532408 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 03532408 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 03532408 frs-bus:SmallEntities 2023-09-01 2024-08-31 03532408 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 03532408 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 03532408 frs-bus:Director1 2023-09-01 2024-08-31 03532408 frs-bus:Director1 2023-08-31 03532408 frs-bus:Director1 2024-08-31 03532408 frs-countries:EnglandWales 2023-09-01 2024-08-31 03532408 2022-08-31 03532408 2023-08-31 03532408 2022-09-01 2023-08-31 03532408 frs-core:ShareCapital 2023-08-31 03532408 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 03532408
E C Transport (Leicester) Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 03532408
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 52,253 71,510
52,253 71,510
CURRENT ASSETS
Debtors 231,415 157,020
Cash at bank and in hand 402,810 461,763
634,225 618,783
Creditors: Amounts Falling Due Within One Year (83,144 ) (85,868 )
NET CURRENT ASSETS (LIABILITIES) 551,081 532,915
TOTAL ASSETS LESS CURRENT LIABILITIES 603,334 604,425
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,536 ) (13,545 )
NET ASSETS 596,798 590,880
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 596,698 590,780
SHAREHOLDERS' FUNDS 596,798 590,880
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Page 2
For the year ending 31 August 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr E C Chesterman
Director
15 May 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
E C Transport (Leicester) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03532408 . The registered office is 9a Leicester Road, Blaby, Leicester, LE8 4GR.
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 25% straight line
Fixtures & Fittings 25% straight line
2.4. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 10)
10 10
4. Tangible Assets
Total
£
Cost
As at 1 September 2023 267,981
Additions 21,550
As at 31 August 2024 289,531
Depreciation
As at 1 September 2023 196,471
Provided during the period 40,807
As at 31 August 2024 237,278
Net Book Value
As at 31 August 2024 52,253
As at 1 September 2023 71,510
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
6. Directors Advances, Credits and Guarantees
During the year the directors entered into the following advances and credits with the company: 
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Edward Chesterman (7,932 ) 1,319 - - (6,613 )
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