Acorah Software Products - Accounts Production 16.4.675 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 04653573 Mrs S L Hardiman Mrs S L Hardiman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04653573 2024-01-31 04653573 2025-01-31 04653573 2024-02-01 2025-01-31 04653573 frs-core:CurrentFinancialInstruments 2025-01-31 04653573 frs-core:ComputerEquipment 2025-01-31 04653573 frs-core:ComputerEquipment 2024-02-01 2025-01-31 04653573 frs-core:ComputerEquipment 2024-01-31 04653573 frs-core:FurnitureFittings 2025-01-31 04653573 frs-core:FurnitureFittings 2024-02-01 2025-01-31 04653573 frs-core:FurnitureFittings 2024-01-31 04653573 frs-core:CapitalRedemptionReserve 2025-01-31 04653573 frs-core:ShareCapital 2025-01-31 04653573 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 04653573 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 04653573 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 04653573 frs-bus:SmallEntities 2024-02-01 2025-01-31 04653573 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 04653573 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 04653573 frs-bus:Director1 2024-02-01 2025-01-31 04653573 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 04653573 frs-countries:EnglandWales 2024-02-01 2025-01-31 04653573 2023-01-31 04653573 2024-01-31 04653573 2023-02-01 2024-01-31 04653573 frs-core:CurrentFinancialInstruments 2024-01-31 04653573 frs-core:CapitalRedemptionReserve 2024-01-31 04653573 frs-core:ShareCapital 2024-01-31 04653573 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 04653573
Coach Rentals Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Grenfell James Associates Limited
13 The Courtyard Timothys Bridge Road
Stratford Enterprise Park
Stratford-Upon-Avon
Warwickshire
CV37 9NP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04653573
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,761 2,071
1,761 2,071
CURRENT ASSETS
Debtors 5 185,178 253,157
Cash at bank and in hand 133,452 70,996
318,630 324,153
Creditors: Amounts Falling Due Within One Year 6 (262,852 ) (269,092 )
NET CURRENT ASSETS (LIABILITIES) 55,778 55,061
TOTAL ASSETS LESS CURRENT LIABILITIES 57,539 57,132
NET ASSETS 57,539 57,132
CAPITAL AND RESERVES
Called up share capital 65 65
Capital redemption reserve 35 35
Profit and Loss Account 57,439 57,032
SHAREHOLDERS' FUNDS 57,539 57,132
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For the year ending 31 January 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 her 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
Mrs S L Hardiman
Director
01/08/2025
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
Coach Rentals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04653573 . The registered office is 13 The Courtyard Timothys Bridge Road, Stratford-Upon-Avon, Warks, CV37 9NP.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Fixtures & Fittings 15% on reducing balance
Computer Equipment 15% on reducing balance
2.4. 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.
...CONTINUED
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2.4. Taxation - continued
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 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: 2 (2024: 1)
2 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2024 11,609 6,229 17,838
As at 31 January 2025 11,609 6,229 17,838
Depreciation
As at 1 February 2024 11,079 4,688 15,767
Provided during the period 79 231 310
As at 31 January 2025 11,158 4,919 16,077
Net Book Value
As at 31 January 2025 451 1,310 1,761
As at 1 February 2024 530 1,541 2,071
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5. Debtors
2025 2024
£ £
Due within one year
Other debtors 128,282 110,598
Due after more than one year
Other debtors 56,896 142,559
185,178 253,157
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 8,549 -
Other creditors 256,411 271,335
Taxation and social security (2,108 ) (2,243 )
262,852 269,092
7. Related Party Transactions
The Company has a loan advanced in a previous financial period of £250,000 from Stoke Park Finance Limited, a company in which Mrs S Hardiman is also a Director. The terms have been agreed on a commercial arms length basis. At the year end the amount outstanding is £250,372 (2024 £ 264,916).
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