Acorah Software Products - Accounts Production 16.4.675 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13792832 Mr Saeed Arif Mr Khalid Choudhry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13792832 2023-12-31 13792832 2024-12-31 13792832 2024-01-01 2024-12-31 13792832 frs-core:CurrentFinancialInstruments 2024-12-31 13792832 frs-core:Non-currentFinancialInstruments 2024-12-31 13792832 frs-core:ComputerEquipment 2024-12-31 13792832 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13792832 frs-core:ComputerEquipment 2023-12-31 13792832 frs-core:FurnitureFittings 2024-12-31 13792832 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13792832 frs-core:FurnitureFittings 2023-12-31 13792832 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 13792832 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 13792832 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 13792832 frs-core:PlantMachinery 2024-12-31 13792832 frs-core:PlantMachinery 2024-01-01 2024-12-31 13792832 frs-core:PlantMachinery 2023-12-31 13792832 frs-core:ShareCapital 2024-12-31 13792832 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13792832 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13792832 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13792832 frs-bus:SmallEntities 2024-01-01 2024-12-31 13792832 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13792832 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13792832 frs-bus:Director1 2024-01-01 2024-12-31 13792832 frs-bus:Director2 2024-01-01 2024-12-31 13792832 frs-countries:EnglandWales 2024-01-01 2024-12-31 13792832 2022-12-31 13792832 2023-12-31 13792832 2023-01-01 2023-12-31 13792832 frs-core:CurrentFinancialInstruments 2023-12-31 13792832 frs-core:Non-currentFinancialInstruments 2023-12-31 13792832 frs-core:ShareCapital 2023-12-31 13792832 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13792832
Waltham Mot & Service Centre Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13792832
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 79,297 70,450
79,297 70,450
CURRENT ASSETS
Stocks 5 4,125 3,356
Debtors 6 7,800 7,800
Cash at bank and in hand 12,223 8,062
24,148 19,218
Creditors: Amounts Falling Due Within One Year 7 (77,863 ) (73,556 )
NET CURRENT ASSETS (LIABILITIES) (53,715 ) (54,338 )
TOTAL ASSETS LESS CURRENT LIABILITIES 25,582 16,112
Creditors: Amounts Falling Due After More Than One Year 8 - (8,333 )
NET ASSETS 25,582 7,779
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 25,482 7,679
SHAREHOLDERS' FUNDS 25,582 7,779
Page 1
Page 2
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 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 Saeed Arif
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
Waltham Mot & Service Centre Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13792832 . The registered office is Main Road, Little Waltham, Chelmsford, CM3 3PA.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added
taxes.
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:
Leasehold 2% straight line
Plant & Machinery 10% reducing balance
Fixtures & Fittings 10% reducing balance
Computer Equipment 20% reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Financial Instruments
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses
for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any
transaction costs and subsequently measured at amortised cost determined using the effective interest method, less
any impairment losses for badand doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial
liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at
amortised cost determined using the effective interest method.
2.7. 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
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Page 4
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 40,204 33,809 1,124 5,011 80,148
Additions - 13,917 - 700 14,617
As at 31 December 2024 40,204 47,726 1,124 5,711 94,765
Depreciation
As at 1 January 2024 1,074 6,424 214 1,986 9,698
Provided during the period 804 4,130 91 745 5,770
As at 31 December 2024 1,878 10,554 305 2,731 15,468
Net Book Value
As at 31 December 2024 38,326 37,172 819 2,980 79,297
As at 1 January 2024 39,130 27,385 910 3,025 70,450
5. Stocks
2024 2023
£ £
Stock 4,125 3,356
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 7,800 7,800
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 8,333 10,000
Other creditors 69,345 63,465
Taxation and social security 185 91
77,863 73,556
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Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 8,333
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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