Acorah Software Products - Accounts Production 16.3.350 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 07454568 Mr D Grundy Mrs L Grundy Mr and Mrs Grundy true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07454568 2023-11-30 07454568 2024-11-30 07454568 2023-12-01 2024-11-30 07454568 frs-core:CurrentFinancialInstruments 2024-11-30 07454568 frs-core:Non-currentFinancialInstruments 2024-11-30 07454568 frs-core:BetweenOneFiveYears 2024-11-30 07454568 frs-core:ComputerEquipment 2024-11-30 07454568 frs-core:ComputerEquipment 2023-12-01 2024-11-30 07454568 frs-core:ComputerEquipment 2023-11-30 07454568 frs-core:FurnitureFittings 2024-11-30 07454568 frs-core:FurnitureFittings 2023-12-01 2024-11-30 07454568 frs-core:FurnitureFittings 2023-11-30 07454568 frs-core:MotorVehicles 2024-11-30 07454568 frs-core:MotorVehicles 2023-12-01 2024-11-30 07454568 frs-core:MotorVehicles 2023-11-30 07454568 frs-core:PlantMachinery 2024-11-30 07454568 frs-core:PlantMachinery 2023-12-01 2024-11-30 07454568 frs-core:PlantMachinery 2023-11-30 07454568 frs-core:WithinOneYear 2024-11-30 07454568 frs-core:ShareCapital 2024-11-30 07454568 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 07454568 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07454568 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 07454568 frs-bus:SmallEntities 2023-12-01 2024-11-30 07454568 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 07454568 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 07454568 1 2023-12-01 2024-11-30 07454568 frs-bus:Director1 2023-12-01 2024-11-30 07454568 frs-bus:Director1 2023-11-30 07454568 frs-bus:Director1 2024-11-30 07454568 frs-bus:Director2 2023-12-01 2024-11-30 07454568 frs-bus:Director2 2023-11-30 07454568 frs-bus:Director2 2024-11-30 07454568 frs-countries:EnglandWales 2023-12-01 2024-11-30 07454568 2022-11-30 07454568 2023-11-30 07454568 2022-12-01 2023-11-30 07454568 frs-core:CurrentFinancialInstruments 2023-11-30 07454568 frs-core:Non-currentFinancialInstruments 2023-11-30 07454568 frs-core:BetweenOneFiveYears 2023-11-30 07454568 frs-core:WithinOneYear 2023-11-30 07454568 frs-core:ShareCapital 2023-11-30 07454568 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 07454568
End Lane Garage Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Richards Associates Limited
North Lodge
Hawkesyard
Rugeley
Staffordshire
WS15 1PS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 07454568
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,795 24,543
14,795 24,543
CURRENT ASSETS
Stocks 5 1,500 2,000
Debtors 6 11,898 27,964
Cash at bank and in hand 35,743 31,577
49,141 61,541
Creditors: Amounts Falling Due Within One Year 7 (40,309 ) (50,442 )
NET CURRENT ASSETS (LIABILITIES) 8,832 11,099
TOTAL ASSETS LESS CURRENT LIABILITIES 23,627 35,642
Creditors: Amounts Falling Due After More Than One Year 8 (20,564 ) (31,709 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,072 ) (3,923 )
NET ASSETS 991 10
CAPITAL AND RESERVES
Called up share capital 10 10 10
Profit and Loss Account 981 -
SHAREHOLDERS' FUNDS 991 10
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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 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 D Grundy
Director
28 April 2025
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
End Lane Garage Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07454568 . The registered office is Chaseside Drive, Hednesford, Cannock, Staffordshire, WS11 7EZ.
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 existence for the foreseeable future.
The directors continue to adopt the going concern basis of accounting in preparing 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Plant & Machinery 20% on cost
Motor Vehicles 25% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 33% on cost
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.6. 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.
2.7. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
2.8. 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 19,440 49,193 2,380 2,612 73,625
Additions 895 - - - 895
As at 30 November 2024 20,335 49,193 2,380 2,612 74,520
Depreciation
As at 1 December 2023 16,996 27,094 2,380 2,612 49,082
Provided during the period 805 9,838 - - 10,643
As at 30 November 2024 17,801 36,932 2,380 2,612 59,725
Net Book Value
As at 30 November 2024 2,534 12,261 - - 14,795
As at 1 December 2023 2,444 22,099 - - 24,543
5. Stocks
2024 2023
£ £
Stock 1,500 2,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,000 20,099
Prepayments and accrued income - 230
Directors' loan accounts 4,898 7,635
11,898 27,964
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 1,384 4,151
Trade creditors 8,998 17,614
Bank loans and overdrafts 10,042 9,865
Corporation tax 8,975 8,524
...CONTINUED
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Other taxes and social security 1,221 1,166
VAT 8,756 8,190
Accruals and deferred income 933 932
40,309 50,442
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 14,706 16,090
Bank loans 5,858 15,619
20,564 31,709
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 1,384 4,151
Later than one year and not later than five years 14,706 16,090
16,090 20,241
16,090 20,241
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2023 Amounts advanced Amounts repaid Amounts written off As at 30 November 2024
£ £ £ £ £
Mr David Grundy 3,818 15,630 17,000 - 2,448
Mrs Linda Grundy 3,817 15,630 17,000 - 2,448
The above loan is unsecured, interest free and repayable on demand.
The full amount of this loan was repaid within nine months of the company year end. 
12. Ultimate Controlling Party
The company's ultimate controlling party is Mr and Mrs Grundy by virtue of their ownership of 100% of the issued share capital in the company.
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13. Other financial commitments
The company is committed to an annual rent of £22,200 per annum.
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