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 11519764 Mrs TALAT SHAH iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11519764 2023-08-31 11519764 2024-08-31 11519764 2023-09-01 2024-08-31 11519764 frs-core:CurrentFinancialInstruments 2024-08-31 11519764 frs-core:Non-currentFinancialInstruments 2024-08-31 11519764 frs-core:ComputerEquipment 2024-08-31 11519764 frs-core:ComputerEquipment 2023-09-01 2024-08-31 11519764 frs-core:ComputerEquipment 2023-08-31 11519764 frs-core:ShareCapital 2024-08-31 11519764 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11519764 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11519764 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11519764 frs-bus:SmallEntities 2023-09-01 2024-08-31 11519764 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11519764 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11519764 frs-bus:Director1 2023-09-01 2024-08-31 11519764 frs-countries:EnglandWales 2023-09-01 2024-08-31 11519764 2022-08-31 11519764 2023-08-31 11519764 2022-09-01 2023-08-31 11519764 frs-core:CurrentFinancialInstruments 2023-08-31 11519764 frs-core:Non-currentFinancialInstruments 2023-08-31 11519764 frs-core:ShareCapital 2023-08-31 11519764 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 11519764
PETTS WOOD FLEET SERVICES LTD
Unaudited Financial Statements
For The Year Ended 31 August 2024
Wazira & CO
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11519764
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,373 3,982
3,373 3,982
CURRENT ASSETS
Debtors 5 - 10
Cash at bank and in hand 2,474 -
2,474 10
Creditors: Amounts Falling Due Within One Year 6 (2,089 ) (4,750 )
NET CURRENT ASSETS (LIABILITIES) 385 (4,740 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,758 (758 )
Creditors: Amounts Falling Due After More Than One Year 7 (12,348 ) (8,120 )
NET LIABILITIES (8,590 ) (8,878 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (8,690 ) (8,978 )
SHAREHOLDERS' FUNDS (8,590) (8,878)
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 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 TALAT SHAH
Director
31/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
PETTS WOOD FLEET SERVICES LTD is a private company, limited by shares, incorporated in England and Wales, registered number 11519764. The registered office is 34a Station Square, Petts Wood, Orpington, Bromley, United Kingdom, BR5 1NA
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:
Computer Equipment 15%
3. Average Number of Employees
Average number of employees, including directors, during the 2024 was: 2 (2023: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 8,975
As at 31 August 2024 8,975
Depreciation
As at 1 September 2023 4,993
Provided during the period 609
As at 31 August 2024 5,602
Net Book Value
As at 31 August 2024 3,373
As at 1 September 2023 3,982
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 10
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,997 2,207
Bank loans and overdrafts - 2,297
Other taxes and social security 92 246
2,089 4,750
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 348 -
Amounts owed to related parties 12,000 8,120
12,348 8,120
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3