Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 09235597 E P Miles L E Miles iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09235597 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-09-30 09235597 2023-09-30 09235597 2024-09-30 09235597 2023-10-01 2024-09-30 09235597 frs-core:CurrentFinancialInstruments 2024-09-30 09235597 frs-core:Non-currentFinancialInstruments 2024-09-30 09235597 frs-core:BetweenOneFiveYears 2024-09-30 09235597 frs-core:ComputerEquipment 2024-09-30 09235597 frs-core:ComputerEquipment 2023-10-01 2024-09-30 09235597 frs-core:ComputerEquipment 2023-09-30 09235597 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 09235597 frs-core:FurnitureFittings 2024-09-30 09235597 frs-core:FurnitureFittings 2023-10-01 2024-09-30 09235597 frs-core:FurnitureFittings 2023-09-30 09235597 frs-core:MotorVehicles 2024-09-30 09235597 frs-core:MotorVehicles 2023-10-01 2024-09-30 09235597 frs-core:MotorVehicles 2023-09-30 09235597 frs-core:OtherResidualIntangibleAssets 2024-09-30 09235597 frs-core:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 09235597 frs-core:OtherResidualIntangibleAssets 2023-09-30 09235597 frs-core:PlantMachinery 2024-09-30 09235597 frs-core:PlantMachinery 2023-10-01 2024-09-30 09235597 frs-core:PlantMachinery 2023-09-30 09235597 frs-core:WithinOneYear 2024-09-30 09235597 frs-core:ShareCapital 2024-09-30 09235597 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 09235597 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09235597 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 09235597 frs-bus:SmallEntities 2023-10-01 2024-09-30 09235597 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09235597 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09235597 frs-bus:OrdinaryShareClass1 2023-10-01 2024-09-30 09235597 frs-bus:OrdinaryShareClass1 2024-09-30 09235597 frs-core:CostValuation 2023-09-30 09235597 frs-core:CostValuation 2024-09-30 09235597 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 09235597 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 09235597 frs-bus:Director1 2023-10-01 2024-09-30 09235597 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 09235597 frs-countries:EnglandWales 2023-10-01 2024-09-30 09235597 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-09-30 09235597 2022-09-30 09235597 2023-09-30 09235597 2022-10-01 2023-09-30 09235597 frs-core:CurrentFinancialInstruments 2023-09-30 09235597 frs-core:Non-currentFinancialInstruments 2023-09-30 09235597 frs-core:BetweenOneFiveYears 2023-09-30 09235597 frs-core:WithinOneYear 2023-09-30 09235597 frs-core:ShareCapital 2023-09-30 09235597 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 09235597 frs-bus:OrdinaryShareClass1 2022-10-01 2023-09-30
Registered number: 09235597
Edward Miles Removals, Storage, Shipping Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09235597
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 25,000 -
Tangible Assets 5 242,801 326,807
Investments 6 441,646 441,646
709,447 768,453
CURRENT ASSETS
Debtors 7 253,924 239,005
Cash at bank and in hand 2,928 3,116
256,852 242,121
Creditors: Amounts Falling Due Within One Year 8 (416,972 ) (323,111 )
NET CURRENT ASSETS (LIABILITIES) (160,120 ) (80,990 )
TOTAL ASSETS LESS CURRENT LIABILITIES 549,327 687,463
Creditors: Amounts Falling Due After More Than One Year 9 (186,279 ) (328,846 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (44,766 ) (57,800 )
NET ASSETS 318,282 300,817
CAPITAL AND RESERVES
Called up share capital 12 100 100
Profit and Loss Account 318,182 300,717
SHAREHOLDERS' FUNDS 318,282 300,817
Page 1
Page 2
For the year ending 30 September 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
E P Miles
Director
10/06/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Edward Miles Removals, Storage, Shipping Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09235597 . The registered office is Unit 1a, Colnbrook Trading Estate Old Bath Road, Colnbrook, Slough, Berks, SL3 0NJ.
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, excluding discounts, rebates, Value Added Tax and other sales taxes. Revenue is recognised when the removal or installation service has been provided and it is probable future economic benefits will flow to the company. Revenue is deferred for any income received before completion of the service.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are recognised when it is probable that revenue attributable to the asset will flow to the entity and the cost of the asset can be measured reliably and that the intangible asset is separable. They are initally recognised at cost and subsequently amortised over the useful life, determined to be five years. Intangible assets are reviewed at each balance sheet date to assess for any impairment.
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 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
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.
2.6. 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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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.
2.7. 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.
2.8. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective
interest method, less impairment losses for bad and doubtful debts.
2.9. Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are
measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the
effective interest method.
2.10. Investments in subsidiary
Investments in subsidiary and other unlisted companies are recognised at cost less accumulated impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 7)
6 7
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 -
Additions 25,000
As at 30 September 2024 25,000
Net Book Value
As at 30 September 2024 25,000
As at 1 October 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 264,787 379,245 12,302 4,512 660,846
Additions - - 460 499 959
Disposals (3,418 ) - (2,501 ) (660 ) (6,579 )
As at 30 September 2024 261,369 379,245 10,261 4,351 655,226
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 October 2023 121,640 203,143 7,459 1,797 334,039
Provided during the period 35,787 44,026 1,328 804 81,945
Disposals (1,926 ) - (1,344 ) (289 ) (3,559 )
As at 30 September 2024 155,501 247,169 7,443 2,312 412,425
Net Book Value
As at 30 September 2024 105,868 132,076 2,818 2,039 242,801
As at 1 October 2023 143,147 176,102 4,843 2,715 326,807
6. Investments
Subsidiaries
£
Cost
As at 1 October 2023 441,646
As at 30 September 2024 441,646
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 441,646
As at 1 October 2023 441,646
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 42,376 55,217
Amounts owed by group undertakings 50,891 -
Other debtors 160,657 183,788
253,924 239,005
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 70,981 86,831
Trade creditors 17,163 39,541
Bank loans and overdrafts 42,888 23,200
Other creditors 232,132 161,736
Taxation and social security 53,808 11,803
416,972 323,111
Page 5
Page 6
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 49,207 120,188
Bank loans 137,072 208,658
186,279 328,846
Of the creditors falling due after more than one year the following amounts are due after more than five years:
2024 2023
£ £
Bank loans 28,948 136,858
10. Secured Creditors
Barclays Security Trustee Limited holds a fixed and floating charge over all the property of the company in respect of the bank loan.
11. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 70,981 86,831
Later than one year and not later than five years 49,207 120,188
120,188 207,019
120,188 207,019
12. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
13. Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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