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 10355413 Mr Adnan MESIC iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10355413 2023-09-30 10355413 2024-09-30 10355413 2023-10-01 2024-09-30 10355413 frs-core:CurrentFinancialInstruments 2024-09-30 10355413 frs-core:ComputerEquipment 2024-09-30 10355413 frs-core:ComputerEquipment 2023-10-01 2024-09-30 10355413 frs-core:ComputerEquipment 2023-09-30 10355413 frs-core:MotorVehicles 2024-09-30 10355413 frs-core:MotorVehicles 2023-10-01 2024-09-30 10355413 frs-core:MotorVehicles 2023-09-30 10355413 frs-core:ShareCapital 2024-09-30 10355413 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10355413 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10355413 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10355413 frs-bus:SmallEntities 2023-10-01 2024-09-30 10355413 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10355413 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10355413 frs-bus:Director1 2023-10-01 2024-09-30 10355413 frs-countries:EnglandWales 2023-10-01 2024-09-30 10355413 2022-09-30 10355413 2023-09-30 10355413 2022-10-01 2023-09-30 10355413 frs-core:CurrentFinancialInstruments 2023-09-30 10355413 frs-core:ShareCapital 2023-09-30 10355413 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10355413
RAPID VEHICLES LIMITED
Financial Statements
For The Year Ended 30 September 2024
YBSM Partners Ltd
Chartered Certified Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 10355413
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,902 2,902
2,902 2,902
Creditors: Amounts Falling Due Within One Year 5 (12,608 ) (12,168 )
NET CURRENT ASSETS (LIABILITIES) (12,608 ) (12,168 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,706 ) (9,266 )
NET LIABILITIES (9,706 ) (9,266 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (9,806 ) (9,366 )
SHAREHOLDERS' FUNDS (9,706) (9,266)
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
Mr Adnan MESIC
Director
01/07/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
RAPID VEHICLES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10355413 . The registered office is 1b Macfarlane Road,, london, W12 7JY.
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. 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:
Motor Vehicles 25 %
Computer Equipment 20
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 4,507 1,678 6,185
As at 30 September 2024 4,507 1,678 6,185
Depreciation
As at 1 October 2023 2,592 691 3,283
As at 30 September 2024 2,592 691 3,283
Net Book Value
As at 30 September 2024 1,915 987 2,902
As at 1 October 2023 1,915 987 2,902
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) (1 )
Bank loans and overdrafts 292 292
Accruals and deferred income 100 100
Director's loan account 12,217 11,777
12,608 12,168
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 2