Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 05072319 Mr P Rowen Mr C F Isgar Mr M A Johnston Mr B S Lomas Mr R D Morris Mr M J Willsher Professor M Gibson Mr K A Nash-Whitmore Mr I J Longworth Mr J Willis Mr T R Kendell Mr D C Andrews Dr M G Dibbs Dr D A Walmsley Mr J C Retallick Mr C Brazier iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05072319 2023-12-31 05072319 2024-12-31 05072319 2024-01-01 2024-12-31 05072319 frs-core:CurrentFinancialInstruments 2024-12-31 05072319 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05072319 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 05072319 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05072319 frs-bus:SmallEntities 2024-01-01 2024-12-31 05072319 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05072319 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05072319 frs-core:UnlistedNon-exchangeTraded 2024-12-31 05072319 frs-core:UnlistedNon-exchangeTraded 2023-12-31 05072319 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 05072319 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 05072319 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 05072319 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 05072319 frs-bus:Director1 2024-01-01 2024-12-31 05072319 frs-bus:Director2 2024-01-01 2024-12-31 05072319 frs-bus:Director3 2024-01-01 2024-12-31 05072319 frs-bus:Director4 2024-01-01 2024-12-31 05072319 frs-bus:Director5 2024-01-01 2024-12-31 05072319 frs-bus:Director6 2024-01-01 2024-12-31 05072319 frs-bus:Director7 2024-01-01 2024-12-31 05072319 frs-bus:Director8 2024-01-01 2024-12-31 05072319 frs-bus:Director9 2024-01-01 2024-12-31 05072319 frs-bus:Director10 2024-01-01 2024-12-31 05072319 frs-bus:Director11 2024-01-01 2024-12-31 05072319 frs-bus:Director12 2024-01-01 2024-12-31 05072319 frs-bus:Director13 2024-01-01 2024-12-31 05072319 frs-bus:Director14 2024-01-01 2024-12-31 05072319 frs-bus:Director15 2024-01-01 2024-12-31 05072319 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 05072319 frs-core:CurrentFinancialInstruments 1 2024-12-31 05072319 frs-core:CurrentFinancialInstruments 2 2024-12-31 05072319 frs-countries:EnglandWales 2024-01-01 2024-12-31 05072319 2022-12-31 05072319 2023-12-31 05072319 2023-01-01 2023-12-31 05072319 frs-core:CurrentFinancialInstruments 2023-12-31 05072319 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05072319 frs-core:CurrentFinancialInstruments 1 2023-12-31 05072319 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 05072319
Light Rail Transit Association
Unaudited Financial Statements
For The Year Ended 31 December 2024
M V Ballinger
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 05072319
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 5,200 5,200
5,200 5,200
CURRENT ASSETS
Stocks 5 3,434 9,978
Debtors 6 10,884 14,629
Cash at bank and in hand 127,939 115,865
142,257 140,472
Creditors: Amounts Falling Due Within One Year 7 (92,091 ) (89,134 )
NET CURRENT ASSETS (LIABILITIES) 50,166 51,338
TOTAL ASSETS LESS CURRENT LIABILITIES 55,366 56,538
NET ASSETS 55,366 56,538
Income Statement 55,366 56,538
MEMBERS' FUNDS 55,366 56,538
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Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The financial statements were approved by the board of directors on 27 August 2025 and were signed on its behalf by:
Mr T R Kendell
Director
27th August 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
The Light Rail Transit Association is a private company, limited by guarantee, incorporated in England & Wales, registered number 05072319 . The registered office is Unit 13, Orton Enterprise Centre, Bakewell Road, Orton Southgate, Peterborough, Cambridgeshire, PE2 6XU.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the invoiced value of items sold and subscriptions supplied by the company, net of Value Added Tax and trade discounts.
2.4. Stocks and Work in Progress
Stocks consist of books and DVDs for resale. A physical stock was taken at the 31st December 2024. As with the accounts to 31st December 2023 only the last eight publications published have been included (plus a nominal amount for Tramway Review and packing) and valued at cost of printing or written down depending on the rate of recent sales.
2.5. Taxation
The Association is generally covered by mutual trading rules and thius exempt from Corporation Tax on its activities apart from any receipt of investment income and sales of publications and DVDs to non-members.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2023: 13)
17 13
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4. Investments
Unlisted
£
Cost
As at 1 January 2024 5,200
As at 31 December 2024 5,200
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 5,200
As at 1 January 2024 5,200
i) LRTA (Publishing) Limited
The company owns 30% of the issued share capital of LRTA (Publishing) Limited; the other 70% is owned by Howard Johnston Associates Limited, a company partly owned by M A Johnston, a director of the Light Rail Transit Association.

The company was represented during 2024 on the board of LRTA (Publishing) Limited by H Retalliick (resigned 22nd February 2024), T Kendell (appointed 22nd February 2024) and P J Rowen,all of whom were directors of the company and none of whom received any remuneration for their services as directors of LRTA (Publishing) Limited.
The final position at 31st December 2024 of LRTA (Publishing) Limited is as follows;
Per unaudited financial statements;
Aggregate capital and reserves 2024 £2,069;
Surplus for the year after tax 2024 £4,082.
Under the provisions of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so. These accounts only show information about the company as an individual identity.
ii) TramForward Limited
The company also owns 100% of the issued share capital of TramForward Limited, a private limited company registered in England with a share capital. The company has not traded since its incorporation on 3rd May 2018.
5. Stocks
2024 2023
£ £
Stock 3,434 9,978
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,430 2,607
Other debtors 3,768 5,746
VAT 5,686 6,276
10,884 14,629
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,610 3,521
Other creditors 2,231 1,453
Subscriptions in advance 85,250 82,331
Re Ukraine Calendars 3,000 1,829
92,091 89,134
8. Related Party Transactions
During the year the company purchased goods and services to a value of £65,592 (2023 - £69,682) from Mainspring Enterprises Limited, a company owned by Mr M A Johnston, a director of the Light Rail Transit Association, none of which related to his duties as a director of that company.
9. Company limited by guarantee
The company is limited by guarantee and has no share capital.
In the event of the company being wound up every member undertakes to contribute to the assets of the company such an amount as may be required not exceeding £1.
10. Area Funds
No area groups of the association hold any material funds and therefore none are include in the financial statements.
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