Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09766832 Mr Parminder Jhheent Mr B Jhheent iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09766832 2024-03-31 09766832 2025-03-31 09766832 2024-04-01 2025-03-31 09766832 frs-core:CurrentFinancialInstruments 2025-03-31 09766832 frs-core:FurnitureFittings 2025-03-31 09766832 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09766832 frs-core:FurnitureFittings 2024-03-31 09766832 frs-core:ShareCapital 2025-03-31 09766832 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09766832 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09766832 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09766832 frs-bus:SmallEntities 2024-04-01 2025-03-31 09766832 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09766832 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09766832 frs-bus:Director1 2024-04-01 2025-03-31 09766832 frs-bus:Director2 2024-04-01 2025-03-31 09766832 frs-countries:EnglandWales 2024-04-01 2025-03-31 09766832 2023-03-31 09766832 2024-03-31 09766832 2023-04-01 2024-03-31 09766832 frs-core:CurrentFinancialInstruments 2024-03-31 09766832 frs-core:ShareCapital 2024-03-31 09766832 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09766832
Carrera Services Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Contents
Page
Company Information 1
Accountants' Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—7
Page 1
Company Information
Directors Mr Parminder Jhheent
Mr B Jhheent
Company Number 09766832
Registered Office 72 Hamstead Road
Great Barr
Birmingham
B43 5BU
Accountants Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Page 1
Page 2
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Carrera Services Limited For The Year Ended 31 March 2025
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Carrera Services Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Carrera Services Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Carrera Services Limited and state those matters that we have agreed to state to the directors of Carrera Services Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Carrera Services Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Carrera Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Carrera Services Limited . You consider that Carrera Services Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Carrera Services Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
3 June 2025
Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Page 2
Page 3
Balance Sheet
Registered number: 09766832
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 585 1,284
585 1,284
CURRENT ASSETS
Debtors 5 14 10
Cash at bank and in hand 196,841 251,299
196,855 251,309
Creditors: Amounts Falling Due Within One Year 6 (9,955 ) (24,076 )
NET CURRENT ASSETS (LIABILITIES) 186,900 227,233
TOTAL ASSETS LESS CURRENT LIABILITIES 187,485 228,517
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (111 ) (244 )
NET ASSETS 187,374 228,273
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 187,274 228,173
SHAREHOLDERS' FUNDS 187,374 228,273
Page 3
Page 4
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 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 Parminder Jhheent
Director
3 June 2025
The notes on pages 5 to 7 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Carrera Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09766832 . The registered office is 72 Hamstead Road, Great Barr, Birmingham, B43 5BU.
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.
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:
Fixtures & Fittings 20% Straight Line
2.4. Taxation
The tax currently payable is based on taxable profit for the year. 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
Page 5
Page 6
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 2 2
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2024 5,016
As at 31 March 2025 5,016
Depreciation
As at 1 April 2024 3,732
Provided during the period 699
As at 31 March 2025 4,431
Net Book Value
As at 31 March 2025 585
As at 1 April 2024 1,284
5. Debtors
2025 2024
£ £
Due within one year
VAT 14 10
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax - 7,980
Accruals and deferred income 1,499 1,500
Directors' loan accounts 8,456 14,596
9,955 24,076
Page 6
Page 7
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 111 244
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 7