Acorah Software Products - Accounts Production 16.4.660 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 08726793 Mrs Lyndsay Walker Mr Ryan Burns iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08726793 2023-10-31 08726793 2024-10-31 08726793 2023-11-01 2024-10-31 08726793 frs-core:CurrentFinancialInstruments 2024-10-31 08726793 frs-core:Non-currentFinancialInstruments 2024-10-31 08726793 frs-core:BetweenOneFiveYears 2024-10-31 08726793 frs-core:PlantMachinery 2024-10-31 08726793 frs-core:PlantMachinery 2023-11-01 2024-10-31 08726793 frs-core:PlantMachinery 2023-10-31 08726793 frs-core:WithinOneYear 2024-10-31 08726793 frs-core:ShareCapital 2024-10-31 08726793 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 08726793 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08726793 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 08726793 frs-bus:SmallEntities 2023-11-01 2024-10-31 08726793 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08726793 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 08726793 frs-bus:Director1 2023-11-01 2024-10-31 08726793 frs-bus:Director1 2023-10-31 08726793 frs-bus:Director1 2024-10-31 08726793 frs-bus:Director2 2023-11-01 2024-10-31 08726793 frs-countries:EnglandWales 2023-11-01 2024-10-31 08726793 2022-10-31 08726793 2023-10-31 08726793 2022-11-01 2023-10-31 08726793 frs-core:CurrentFinancialInstruments 2023-10-31 08726793 frs-core:Non-currentFinancialInstruments 2023-10-31 08726793 frs-core:BetweenOneFiveYears 2023-10-31 08726793 frs-core:WithinOneYear 2023-10-31 08726793 frs-core:ShareCapital 2023-10-31 08726793 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 08726793
Auto Vehicle Solutions & Specialists Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08726793
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,444 1,444
1,444 1,444
CURRENT ASSETS
Debtors 5 7,694 7,694
Cash at bank and in hand 966 966
8,660 8,660
Creditors: Amounts Falling Due Within One Year 6 (42,766 ) (42,766 )
NET CURRENT ASSETS (LIABILITIES) (34,106 ) (34,106 )
TOTAL ASSETS LESS CURRENT LIABILITIES (32,662 ) (32,662 )
Creditors: Amounts Falling Due After More Than One Year 7 5,583 5,583
NET LIABILITIES (27,079 ) (27,079 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (27,179 ) (27,179 )
SHAREHOLDERS' FUNDS (27,079) (27,079)
Page 1
Page 2
For the year ending 31 October 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 Ryan Burns
Director
14/07/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Auto Vehicle Solutions & Specialists Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08726793 . The registered office is 914 Bury Road, Bolton, BL2 6NX.
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:
Plant & Machinery 25% on cost
2.3. 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 the profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 November 2023 13,700
As at 31 October 2024 13,700
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 November 2023 12,256
As at 31 October 2024 12,256
Net Book Value
As at 31 October 2024 1,444
As at 1 November 2023 1,444
5. Debtors
2024 2023
£ £
Due within one year
Directors' loan accounts 7,694 7,694
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 1,875 1,875
Bank loans and overdrafts 12 12
Other creditors 40,479 40,479
Accruals and deferred income 400 400
42,766 42,766
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,313 5,313
Bank loans (10,896 ) (10,896 )
(5,583 ) (5,583 )
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 1,875 1,875
Later than one year and not later than five years 5,313 5,313
7,188 7,188
7,188 7,188
Page 4
Page 5
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2023 Amounts advanced Amounts repaid Amounts written off As at 31 October 2024
£ £ £ £ £
Mr Ryan Burns 7,693 - - - -
The above loan is unsecured, interest free and repayable on demand.
Page 5