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 03364711 Mr Russell Ford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03364711 2024-03-31 03364711 2025-03-31 03364711 2024-04-01 2025-03-31 03364711 frs-core:CurrentFinancialInstruments 2025-03-31 03364711 frs-core:Non-currentFinancialInstruments 2025-03-31 03364711 frs-core:BetweenOneFiveYears 2025-03-31 03364711 frs-core:ComputerEquipment 2025-03-31 03364711 frs-core:ComputerEquipment 2024-04-01 2025-03-31 03364711 frs-core:ComputerEquipment 2024-03-31 03364711 frs-core:FurnitureFittings 2025-03-31 03364711 frs-core:FurnitureFittings 2024-04-01 2025-03-31 03364711 frs-core:FurnitureFittings 2024-03-31 03364711 frs-core:NetGoodwill 2025-03-31 03364711 frs-core:NetGoodwill 2024-04-01 2025-03-31 03364711 frs-core:NetGoodwill 2024-03-31 03364711 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03364711 frs-core:MotorVehicles 2025-03-31 03364711 frs-core:MotorVehicles 2024-04-01 2025-03-31 03364711 frs-core:MotorVehicles 2024-03-31 03364711 frs-core:PlantMachinery 2025-03-31 03364711 frs-core:PlantMachinery 2024-04-01 2025-03-31 03364711 frs-core:PlantMachinery 2024-03-31 03364711 frs-core:WithinOneYear 2025-03-31 03364711 frs-core:ShareCapital 2025-03-31 03364711 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03364711 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03364711 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03364711 frs-bus:SmallEntities 2024-04-01 2025-03-31 03364711 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03364711 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03364711 frs-bus:Director1 2024-04-01 2025-03-31 03364711 frs-bus:Director1 2024-03-31 03364711 frs-bus:Director1 2025-03-31 03364711 frs-countries:EnglandWales 2024-04-01 2025-03-31 03364711 2023-03-31 03364711 2024-03-31 03364711 2023-04-01 2024-03-31 03364711 frs-core:CurrentFinancialInstruments 2024-03-31 03364711 frs-core:Non-currentFinancialInstruments 2024-03-31 03364711 frs-core:BetweenOneFiveYears 2024-03-31 03364711 frs-core:WithinOneYear 2024-03-31 03364711 frs-core:ShareCapital 2024-03-31 03364711 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 03364711
Fords International Limited
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 03364711
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 55,140 37,824
55,140 37,824
CURRENT ASSETS
Debtors 6 591,252 523,999
Cash at bank and in hand 56,114 47,939
647,366 571,938
Creditors: Amounts Falling Due Within One Year 7 (650,709 ) (573,441 )
NET CURRENT ASSETS (LIABILITIES) (3,343 ) (1,503 )
TOTAL ASSETS LESS CURRENT LIABILITIES 51,797 36,321
Creditors: Amounts Falling Due After More Than One Year 8 (17,917 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,671 ) (6,204 )
NET ASSETS 24,209 30,117
CAPITAL AND RESERVES
Called up share capital 10 100 100
Income Statement 24,109 30,017
SHAREHOLDERS' FUNDS 24,209 30,117
Page 1
Page 2
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 Income Statement.
On behalf of the board
Mr Russell Ford
Director
22/07/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Fords International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03364711 . The registered office is 147 Draycott Road, Breaston, Derby, Derbyshire, DE72 3DB.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to income statement over its estimated economic life. It has now been fully amortised.
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:
Freehold 15% reducing balance
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 33% straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 21 (2024: 21)
21 21
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4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 96,000
As at 31 March 2025 96,000
Amortisation
As at 1 April 2024 96,000
As at 31 March 2025 96,000
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 23,050 89,995 3,931 13,303 130,279
Additions - 29,500 - - 29,500
Disposals (1,050 ) - - (429 ) (1,479 )
As at 31 March 2025 22,000 119,495 3,931 12,874 158,300
Depreciation
As at 1 April 2024 11,389 64,686 3,244 13,136 92,455
Provided during the period 1,748 10,015 103 164 12,030
Disposals (899 ) - - (426 ) (1,325 )
As at 31 March 2025 12,238 74,701 3,347 12,874 103,160
Net Book Value
As at 31 March 2025 9,762 44,794 584 - 55,140
As at 1 April 2024 11,661 25,309 687 167 37,824
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 327,667 266,780
Other debtors 263,585 257,219
591,252 523,999
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 5,000 3,300
Trade creditors 53,615 67,134
Other creditors 256,761 202,572
Taxation and social security 335,333 300,435
650,709 573,441
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 17,917 -
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,000 3,300
Later than one year and not later than five years 17,917 -
22,917 3,300
22,917 3,300
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from the directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Russell Ford 3,829 (57,660 ) 53,885 - 154
The above loan is unsecured, interest free and repayable on demand.
12. Related Party Transactions
Included in other debtors is an amount of £242,052 (2024: £250,512) owed from T & H Ford Freight, an entity in which the director has an interest. 
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