Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 5940757 Mr Graham Breffitt Mrs Michelle Breffitt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5940757 2023-12-31 5940757 2024-12-31 5940757 2024-01-01 2024-12-31 5940757 frs-core:CurrentFinancialInstruments 2024-12-31 5940757 frs-core:Non-currentFinancialInstruments 2024-12-31 5940757 frs-core:ComputerEquipment 2024-12-31 5940757 frs-core:ComputerEquipment 2024-01-01 2024-12-31 5940757 frs-core:ComputerEquipment 2023-12-31 5940757 frs-core:FurnitureFittings 2024-12-31 5940757 frs-core:FurnitureFittings 2024-01-01 2024-12-31 5940757 frs-core:FurnitureFittings 2023-12-31 5940757 frs-core:MotorVehicles 2024-12-31 5940757 frs-core:MotorVehicles 2024-01-01 2024-12-31 5940757 frs-core:MotorVehicles 2023-12-31 5940757 frs-core:PlantMachinery 2024-12-31 5940757 frs-core:PlantMachinery 2024-01-01 2024-12-31 5940757 frs-core:PlantMachinery 2023-12-31 5940757 frs-core:ShareCapital 2024-12-31 5940757 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 5940757 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 5940757 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 5940757 frs-bus:SmallEntities 2024-01-01 2024-12-31 5940757 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 5940757 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 5940757 frs-bus:Director1 2024-01-01 2024-12-31 5940757 frs-bus:Director2 2024-01-01 2024-12-31 5940757 frs-countries:EnglandWales 2024-01-01 2024-12-31 5940757 2022-12-31 5940757 2023-12-31 5940757 2023-01-01 2023-12-31 5940757 frs-core:CurrentFinancialInstruments 2023-12-31 5940757 frs-core:Non-currentFinancialInstruments 2023-12-31 5940757 frs-core:ShareCapital 2023-12-31 5940757 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 5940757 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 5940757
Car Cosmetics Derby Ltd
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 5940757
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 92,259 42,513
92,259 42,513
CURRENT ASSETS
Debtors 5 50,188 77,891
Cash at bank and in hand 88,062 95,196
138,250 173,087
Creditors: Amounts Falling Due Within One Year 6 (94,316 ) (116,386 )
NET CURRENT ASSETS (LIABILITIES) 43,934 56,701
TOTAL ASSETS LESS CURRENT LIABILITIES 136,193 99,214
Creditors: Amounts Falling Due After More Than One Year 7 (71,134 ) (26,167 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,089 ) (8,643 )
NET ASSETS 60,970 64,404
CAPITAL AND RESERVES
Called up share capital 8 3 3
Profit and Loss Account 60,967 64,401
SHAREHOLDERS' FUNDS 60,970 64,404
Page 1
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 Profit and Loss Account.
On behalf of the board
Mr Graham Breffitt
Director
Mrs Michelle Breffitt
Director
17 September 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Car Cosmetics Derby Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 5940757 . The registered office is Unit 28 Dunton Close, West Meadows Industrial Estate , Derby, DE21 6XB.
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 15% straight line
Motor Vehicles 20% straight line
Fixtures & Fittings 15% straight line
Computer Equipment 25% straight line
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.
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: 9 (2023: 9)
9 9
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 98,261 100,794 14,106 8,996 222,157
Additions 2,921 79,966 - 583 83,470
As at 31 December 2024 101,182 180,760 14,106 9,579 305,627
Depreciation
As at 1 January 2024 96,662 68,331 6,453 8,198 179,644
Provided during the period 1,117 29,858 1,858 891 33,724
As at 31 December 2024 97,779 98,189 8,311 9,089 213,368
Net Book Value
As at 31 December 2024 3,403 82,571 5,795 490 92,259
As at 1 January 2024 1,599 32,463 7,653 798 42,513
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 31,776 60,571
Prepayments and accrued income 18,412 17,050
Directors Loan Account (Debtors < 1 year) - 270
50,188 77,891
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 18,569 33,596
Bank loans and overdrafts 23,697 17,561
Corporation tax 10,901 18,569
Other taxes and social security 8,350 9,531
VAT 16,159 17,848
Other creditors 15,227 18,446
Accruals and deferred income 878 835
Directors' loan accounts 535 -
94,316 116,386
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 71,134 26,167
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Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
Page 5