Acorah Software Products - Accounts Production 16.4.675 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 11060088 Mr Ansar Hussain iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11060088 2023-11-30 11060088 2024-11-30 11060088 2023-12-01 2024-11-30 11060088 frs-core:CurrentFinancialInstruments 2024-11-30 11060088 frs-core:Non-currentFinancialInstruments 2024-11-30 11060088 frs-core:MotorVehicles 2024-11-30 11060088 frs-core:MotorVehicles 2023-12-01 2024-11-30 11060088 frs-core:MotorVehicles 2023-11-30 11060088 frs-core:ShareCapital 2024-11-30 11060088 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 11060088 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11060088 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 11060088 frs-bus:SmallEntities 2023-12-01 2024-11-30 11060088 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11060088 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11060088 frs-bus:Director1 2023-12-01 2024-11-30 11060088 frs-countries:EnglandWales 2023-12-01 2024-11-30 11060088 2022-11-30 11060088 2023-11-30 11060088 2022-12-01 2023-11-30 11060088 frs-core:CurrentFinancialInstruments 2023-11-30 11060088 frs-core:Non-currentFinancialInstruments 2023-11-30 11060088 frs-core:ShareCapital 2023-11-30 11060088 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 11060088
Spec Vehicle Rentals Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
UK Tax Accountants
89 Jacobs Well Lane
Wakefield
WF1 3PB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11060088
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 103,628 115,142
103,628 115,142
CURRENT ASSETS
Cash at bank and in hand - 24
- 24
Creditors: Amounts Falling Due Within One Year 5 (43,870 ) (44,347 )
NET CURRENT ASSETS (LIABILITIES) (43,870 ) (44,323 )
TOTAL ASSETS LESS CURRENT LIABILITIES 59,758 70,819
Creditors: Amounts Falling Due After More Than One Year 6 (27,013 ) (33,408 )
NET ASSETS 32,745 37,411
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 32,645 37,311
SHAREHOLDERS' FUNDS 32,745 37,411
Page 1
Page 2
For the year ending 30 November 2024 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 Ansar Hussain
Director
12th August 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Spec Vehicle Rentals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11060088 . The registered office is Unit 21, Bowling Court Industrial Estate, Bradford, West Yorkshire, BD4 8TT.
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 10
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 December 2023 149,312
As at 30 November 2024 149,312
...CONTINUED
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Page 4
Depreciation
As at 1 December 2023 34,170
Provided during the period 11,514
As at 30 November 2024 45,684
Net Book Value
As at 30 November 2024 103,628
As at 1 December 2023 115,142
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Bank loans and overdrafts 7,077 7,554
Director's loan account 36,792 36,792
43,870 44,347
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 27,013 33,408
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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