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 12913929 Mr Darren Evans Mrs Lynne Hingley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12913929 2023-09-30 12913929 2024-09-30 12913929 2023-10-01 2024-09-30 12913929 frs-core:CurrentFinancialInstruments 2024-09-30 12913929 frs-core:Non-currentFinancialInstruments 2024-09-30 12913929 frs-core:MotorVehicles 2024-09-30 12913929 frs-core:MotorVehicles 2023-10-01 2024-09-30 12913929 frs-core:MotorVehicles 2023-09-30 12913929 frs-core:ShareCapital 2024-09-30 12913929 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12913929 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12913929 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12913929 frs-bus:SmallEntities 2023-10-01 2024-09-30 12913929 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12913929 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12913929 frs-bus:Director1 2023-10-01 2024-09-30 12913929 frs-bus:Director2 2023-10-01 2024-09-30 12913929 frs-countries:EnglandWales 2023-10-01 2024-09-30 12913929 2022-09-30 12913929 2023-09-30 12913929 2022-10-01 2023-09-30 12913929 frs-core:CurrentFinancialInstruments 2023-09-30 12913929 frs-core:Non-currentFinancialInstruments 2023-09-30 12913929 frs-core:ShareCapital 2023-09-30 12913929 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12913929
Credible Holidays Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
MoneyIQ Ltd
15 Wendela Close
Woking
Surrey
GU22 7JU
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12913929
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 38,548 44,973
38,548 44,973
CURRENT ASSETS
Cash at bank and in hand 1,835 2,051
1,835 2,051
Creditors: Amounts Falling Due Within One Year 5 (50,712 ) (48,888 )
NET CURRENT ASSETS (LIABILITIES) (48,877 ) (46,837 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,329 ) (1,864 )
Creditors: Amounts Falling Due After More Than One Year 6 (12,773 ) (13,410 )
NET LIABILITIES (23,102 ) (15,274 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (23,202 ) (15,374 )
SHAREHOLDERS' FUNDS (23,102) (15,274)
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 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 Darren Evans
Director
13/06/2025
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
Credible Holidays Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12913929 . The registered office is CBS House, Unit 2 Legion Court, Ewhurst Road, Cranleigh, GU6 7HX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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:
Motor Vehicles 10%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 October 2023 64,247
As at 30 September 2024 64,247
Depreciation
As at 1 October 2023 19,274
Provided during the period 6,425
As at 30 September 2024 25,699
Net Book Value
As at 30 September 2024 38,548
As at 1 October 2023 44,973
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 200 -
Bank loans and overdrafts 200 4,286
Accruals and deferred income 600 600
Directors' loan accounts 49,712 44,002
50,712 48,888
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 12,773 13,410
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3