Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 02559666 Mr Richard Saunders Mr Richard Saunders iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02559666 2023-12-31 02559666 2024-12-31 02559666 2024-01-01 2024-12-31 02559666 frs-core:CurrentFinancialInstruments 2024-12-31 02559666 frs-core:FurnitureFittings 2024-12-31 02559666 frs-core:FurnitureFittings 2024-01-01 2024-12-31 02559666 frs-core:FurnitureFittings 2023-12-31 02559666 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 02559666 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 02559666 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 02559666 frs-core:MotorVehicles 2024-12-31 02559666 frs-core:MotorVehicles 2024-01-01 2024-12-31 02559666 frs-core:MotorVehicles 2023-12-31 02559666 frs-core:PlantMachinery 2024-12-31 02559666 frs-core:PlantMachinery 2024-01-01 2024-12-31 02559666 frs-core:PlantMachinery 2023-12-31 02559666 frs-core:CapitalRedemptionReserve 2024-12-31 02559666 frs-core:ShareCapital 2024-12-31 02559666 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02559666 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02559666 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 02559666 frs-bus:SmallEntities 2024-01-01 2024-12-31 02559666 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02559666 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02559666 frs-bus:Director1 2024-01-01 2024-12-31 02559666 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 02559666 frs-countries:EnglandWales 2024-01-01 2024-12-31 02559666 2022-12-31 02559666 2023-12-31 02559666 2023-01-01 2023-12-31 02559666 frs-core:CurrentFinancialInstruments 2023-12-31 02559666 frs-core:CapitalRedemptionReserve 2023-12-31 02559666 frs-core:ShareCapital 2023-12-31 02559666 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 02559666
BTR Brakes (Sussex) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 02559666
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 155,184 98,652
155,184 98,652
CURRENT ASSETS
Stocks 5 278,677 285,774
Debtors 6 433,422 475,771
Cash at bank and in hand 265,467 317,997
977,566 1,079,542
Creditors: Amounts Falling Due Within One Year 7 (457,798 ) (549,907 )
NET CURRENT ASSETS (LIABILITIES) 519,768 529,635
TOTAL ASSETS LESS CURRENT LIABILITIES 674,952 628,287
PROVISIONS FOR LIABILITIES
Deferred Taxation (38,796 ) (24,763 )
NET ASSETS 636,156 603,524
CAPITAL AND RESERVES
Called up share capital 8 140 140
Capital redemption reserve 140 140
Profit and Loss Account 635,876 603,244
SHAREHOLDERS' FUNDS 636,156 603,524
For the year ending 31 December 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.
On behalf of the board
Mr Richard Saunders
Director
21 May 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
BTR Brakes (Sussex) Limited Registered number 02559666 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit C, Northbrook Trading Estate, Worthing, W Sussex, BN14 8PN.
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 represents net invoiced sales of goods, excluding Value Added Tax.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Leasehold over the period of the lease
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 33% on reducing balance
2.4. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.
2.5. Taxation
Deferred tax is recognised in respect of timing differences that have originated but not reversed at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2023: 13)
14 13
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2024 15,500 25,903 165,522 13,827 220,752
Additions - - 116,721 2,107 118,828
Disposals - - (47,238 ) - (47,238 )
As at 31 December 2024 15,500 25,903 235,005 15,934 292,342
Depreciation
As at 1 January 2024 15,500 24,828 76,868 4,904 122,100
Provided during the period - 269 39,942 3,676 43,887
Disposals - - (28,829 ) - (28,829 )
As at 31 December 2024 15,500 25,097 87,981 8,580 137,158
Net Book Value
As at 31 December 2024 - 806 147,024 7,354 155,184
As at 1 January 2024 - 1,075 88,654 8,923 98,652
Page 2
Page 3
5. Stocks
2024 2023
£ £
Stock 278,677 285,774
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 423,168 468,503
Prepayments and accrued income 10,254 7,268
433,422 475,771
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 401,902 477,354
Taxation 19,338 33,587
Social security and other taxes 11,380 10,626
VAT 19,587 22,667
Other creditors 991 973
Accruals 4,600 4,700
457,798 549,907
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 140 140
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 77,000 27,000
Page 3