Acorah Software Products - Accounts Production 16.4.675 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 04302396 Miss Paula Mutter Mr Colin Law Miss Paula Mutter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04302396 2024-04-30 04302396 2025-04-30 04302396 2024-05-01 2025-04-30 04302396 frs-core:CurrentFinancialInstruments 2025-04-30 04302396 frs-core:Non-currentFinancialInstruments 2025-04-30 04302396 frs-core:FurnitureFittings 2025-04-30 04302396 frs-core:FurnitureFittings 2024-05-01 2025-04-30 04302396 frs-core:FurnitureFittings 2024-04-30 04302396 frs-core:MotorVehicles 2025-04-30 04302396 frs-core:MotorVehicles 2024-05-01 2025-04-30 04302396 frs-core:MotorVehicles 2024-04-30 04302396 frs-core:ShareCapital 2025-04-30 04302396 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 04302396 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 04302396 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 04302396 frs-bus:SmallEntities 2024-05-01 2025-04-30 04302396 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 04302396 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 04302396 frs-bus:Director1 2024-05-01 2025-04-30 04302396 frs-bus:Director2 2024-05-01 2025-04-30 04302396 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 04302396 frs-countries:EnglandWales 2024-05-01 2025-04-30 04302396 2023-04-30 04302396 2024-04-30 04302396 2023-05-01 2024-04-30 04302396 frs-core:CurrentFinancialInstruments 2024-04-30 04302396 frs-core:Non-currentFinancialInstruments 2024-04-30 04302396 frs-core:MotorVehicles 2023-05-01 2024-04-30 04302396 frs-core:ShareCapital 2024-04-30 04302396 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 04302396
D & N Transport Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Penguin Accountancy Services Ltd
Chartered Accountants
289 Manchester Road
Droylsden
Manchester
M43 6HF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04302396
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 41,812 43,231
41,812 43,231
CURRENT ASSETS
Debtors 5 63,433 55,160
Cash at bank and in hand 12,136 35,730
75,569 90,890
Creditors: Amounts Falling Due Within One Year 6 (75,419 ) (98,099 )
NET CURRENT ASSETS (LIABILITIES) 150 (7,209 )
TOTAL ASSETS LESS CURRENT LIABILITIES 41,962 36,022
Creditors: Amounts Falling Due After More Than One Year 7 (13,781 ) (22,770 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,636 ) (8,214 )
NET ASSETS 19,545 5,038
CAPITAL AND RESERVES
Called up share capital 8 8 8
Profit and Loss Account 19,537 5,030
SHAREHOLDERS' FUNDS 19,545 5,038
Page 1
Page 2
For the year ending 30 April 2025 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
Miss Paula Mutter
Director
Mr Colin Law
Director
14 July 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
D & N Transport Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04302396 . The registered office is Unit 5A Kayley Industrial Estate, Richmond Street, Ashton under Lyne, Lancashire, OL7 0AU.
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, 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 25% Reducing Balance
Fixtures, Fittings and Equipment 15% Reducing Balance
2.4. 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.
2.5. 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 year 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.
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Tangible Assets
Motor Vehicles Fixtures, Fittings and Equipment Total
£ £ £
Cost
As at 1 May 2024 147,677 15,121 162,798
Additions 8,667 4,078 12,745
Disposals (30,483 ) (535 ) (31,018 )
As at 30 April 2025 125,861 18,664 144,525
Depreciation
As at 1 May 2024 106,750 12,817 119,567
Provided during the period 12,181 930 13,111
Disposals (29,616 ) (349 ) (29,965 )
As at 30 April 2025 89,315 13,398 102,713
Net Book Value
As at 30 April 2025 36,546 5,266 41,812
As at 1 May 2024 40,927 2,304 43,231
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles 29,364 30,486
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 36,372 29,841
Other debtors 27,061 25,319
63,433 55,160
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 10,369 10,419
Trade creditors 30,467 51,000
Bank loans and overdrafts 6,000 6,000
Other creditors 4,537 6,776
Taxation and social security 24,046 23,904
75,419 98,099
Net obligations under finance lease and hire purchase contracts are secured by fixed charges over the assets concerned.
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Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 12,980 15,849
Bank loans 801 6,921
13,781 22,770
Net obligations under finance lease and hire purchase contracts are secured by fixed charges over the assets concerned.
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 8 8
Page 5