Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 13247594 Mr Tim Laycock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13247594 2024-03-31 13247594 2025-03-31 13247594 2024-04-01 2025-03-31 13247594 frs-core:CurrentFinancialInstruments 2025-03-31 13247594 frs-core:Non-currentFinancialInstruments 2025-03-31 13247594 frs-core:BetweenOneFiveYears 2025-03-31 13247594 frs-core:ComputerEquipment 2025-03-31 13247594 frs-core:ComputerEquipment 2024-04-01 2025-03-31 13247594 frs-core:ComputerEquipment 2024-03-31 13247594 frs-core:MotorVehicles 2025-03-31 13247594 frs-core:MotorVehicles 2024-04-01 2025-03-31 13247594 frs-core:MotorVehicles 2024-03-31 13247594 frs-core:PlantMachinery 2025-03-31 13247594 frs-core:PlantMachinery 2024-04-01 2025-03-31 13247594 frs-core:PlantMachinery 2024-03-31 13247594 frs-core:WithinOneYear 2025-03-31 13247594 frs-core:ShareCapital 2025-03-31 13247594 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13247594 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13247594 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13247594 frs-bus:SmallEntities 2024-04-01 2025-03-31 13247594 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13247594 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13247594 frs-bus:Director1 2024-04-01 2025-03-31 13247594 frs-countries:EnglandWales 2024-04-01 2025-03-31 13247594 2023-03-31 13247594 2024-03-31 13247594 2023-04-01 2024-03-31 13247594 frs-core:CurrentFinancialInstruments 2024-03-31 13247594 frs-core:Non-currentFinancialInstruments 2024-03-31 13247594 frs-core:BetweenOneFiveYears 2024-03-31 13247594 frs-core:WithinOneYear 2024-03-31 13247594 frs-core:ShareCapital 2024-03-31 13247594 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 13247594
M66 Car and Commercials Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Cloud 10 Accounting
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 13247594
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 95,014 60,398
95,014 60,398
CURRENT ASSETS
Debtors 5 48,916 47,754
Cash at bank and in hand 25,724 31,775
74,640 79,529
Creditors: Amounts Falling Due Within One Year 6 (69,035 ) (53,941 )
NET CURRENT ASSETS (LIABILITIES) 5,605 25,588
TOTAL ASSETS LESS CURRENT LIABILITIES 100,619 85,986
Creditors: Amounts Falling Due After More Than One Year 7 (36,224 ) (16,854 )
NET ASSETS 64,395 69,132
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 64,393 69,130
SHAREHOLDERS' FUNDS 64,395 69,132
For the year 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 Tim Laycock
Director
22/07/2025
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
M66 Car and Commercials Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13247594 . The registered office is 16 All Saints Place, Bury, BL8 1ND.
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 20% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 20% 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 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
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Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 78,336 25,350 1,532 105,218
Additions 6,957 44,000 448 51,405
Disposals - (5,000 ) - (5,000 )
As at 31 March 2025 85,293 64,350 1,980 151,623
Depreciation
As at 1 April 2024 34,270 9,898 652 44,820
Provided during the period 9,328 5,652 183 15,163
Disposals - (3,374 ) - (3,374 )
As at 31 March 2025 43,598 12,176 835 56,609
Net Book Value
As at 31 March 2025 41,695 52,174 1,145 95,014
As at 1 April 2024 44,066 15,452 880 60,398
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 42,605 47,754
Other debtors 6,311 -
48,916 47,754
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 17,387 10,516
Trade creditors 23,352 740
Other creditors 24,948 17,708
Taxation and social security 3,348 24,977
69,035 53,941
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 36,224 16,854
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8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 17,387 10,516
Later than one year and not later than five years 36,224 16,854
53,611 27,370
53,611 27,370
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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