Acorah Software Products - Accounts Production 16.4.675 false true false 23 March 2024 31 March 2025 31 March 2025 15588420 Mr J Warren Mr J Warren true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15588420 2024-03-22 15588420 2025-03-31 15588420 2024-03-23 2025-03-31 15588420 frs-core:CurrentFinancialInstruments 2025-03-31 15588420 frs-core:Non-currentFinancialInstruments 2025-03-31 15588420 frs-core:BetweenOneFiveYears 2025-03-31 15588420 frs-core:MotorVehicles 2025-03-31 15588420 frs-core:MotorVehicles 2024-03-23 2025-03-31 15588420 frs-core:MotorVehicles 2024-03-22 15588420 frs-core:PlantMachinery 2025-03-31 15588420 frs-core:PlantMachinery 2024-03-23 2025-03-31 15588420 frs-core:PlantMachinery 2024-03-22 15588420 frs-core:WithinOneYear 2025-03-31 15588420 frs-core:ShareCapital 2025-03-31 15588420 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15588420 frs-bus:PrivateLimitedCompanyLtd 2024-03-23 2025-03-31 15588420 frs-bus:FilletedAccounts 2024-03-23 2025-03-31 15588420 frs-bus:SmallEntities 2024-03-23 2025-03-31 15588420 frs-bus:AuditExempt-NoAccountantsReport 2024-03-23 2025-03-31 15588420 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-23 2025-03-31 15588420 1 2024-03-23 2025-03-31 15588420 frs-bus:Director1 2024-03-23 2025-03-31 15588420 frs-countries:EnglandWales 2024-03-23 2025-03-31
Registered number: 15588420
Warrens Vehicle Transport Limited
Unaudited Financial Statements
For the Period 23 March 2024 to 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 15588420
31 March 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 45,521
45,521
CURRENT ASSETS
Debtors 5 20,052
Cash at bank and in hand 6,038
26,090
Creditors: Amounts Falling Due Within One Year 6 (48,248 )
NET CURRENT ASSETS (LIABILITIES) (22,158 )
TOTAL ASSETS LESS CURRENT LIABILITIES 23,363
Creditors: Amounts Falling Due After More Than One Year 7 (23,000 )
NET ASSETS 363
CAPITAL AND RESERVES
Called up share capital 9 1
Profit and Loss Account 362
SHAREHOLDERS' FUNDS 363
For the period ending 31 March 2025 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 J Warren
Director
21/07/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Warrens Vehicle Transport Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15588420 . The registered office is 45 Manor Street, Ruskington, Sleaford, Lincs, NG34 9EN.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 23 March 2024 - - -
Additions 9,450 51,245 60,695
As at 31 March 2025 9,450 51,245 60,695
...CONTINUED
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Page 3
Depreciation
As at 23 March 2024 - - -
Provided during the period 2,363 12,811 15,174
As at 31 March 2025 2,363 12,811 15,174
Net Book Value
As at 31 March 2025 7,087 38,434 45,521
As at 23 March 2024 - - -
5. Debtors
31 March 2025
£
Due within one year
Trade debtors 18,134
VAT 1,918
20,052
6. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Net obligations under finance lease and hire purchase contracts 6,000
Trade creditors 763
Other taxes and social security 1,048
Accruals and deferred income 830
Director's loan account 39,607
48,248
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2025
£
Net obligations under finance lease and hire purchase contracts 23,000
8. Obligations Under Finance Leases and Hire Purchase
31 March 2025
£
The future minimum finance lease payments are as follows:
Not later than one year 6,000
Later than one year and not later than five years 23,000
29,000
29,000
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Page 4
9. Share Capital
31 March 2025
£
Allotted, Called up and fully paid 1
10. Related Party Transactions
During the year, total dividends of £18,500 were paid to the director
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr J Warren by virtue of his ownership of 100% of the issued share capital in the company.
Page 4