Acorah Software Products - Accounts Production 16.5.460 false true 30 December 2023 31 December 2022 false 31 December 2023 30 December 2024 30 December 2024 06950361 Mr Chris Ashcroft Mr Chris Ashcroft iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06950361 2023-12-30 06950361 2024-12-30 06950361 2023-12-31 2024-12-30 06950361 frs-core:CurrentFinancialInstruments 2024-12-30 06950361 frs-core:Non-currentFinancialInstruments 2024-12-30 06950361 frs-core:ComputerEquipment 2024-12-30 06950361 frs-core:ComputerEquipment 2023-12-31 2024-12-30 06950361 frs-core:ComputerEquipment 2023-12-30 06950361 frs-core:FurnitureFittings 2024-12-30 06950361 frs-core:FurnitureFittings 2023-12-31 2024-12-30 06950361 frs-core:FurnitureFittings 2023-12-30 06950361 frs-core:NetGoodwill 2024-12-30 06950361 frs-core:NetGoodwill 2023-12-31 2024-12-30 06950361 frs-core:NetGoodwill 2023-12-30 06950361 frs-core:MotorVehicles 2024-12-30 06950361 frs-core:MotorVehicles 2023-12-31 2024-12-30 06950361 frs-core:MotorVehicles 2023-12-30 06950361 frs-core:PlantMachinery 2024-12-30 06950361 frs-core:PlantMachinery 2023-12-31 2024-12-30 06950361 frs-core:PlantMachinery 2023-12-30 06950361 frs-core:ShareCapital 2024-12-30 06950361 frs-core:RetainedEarningsAccumulatedLosses 2024-12-30 06950361 frs-bus:PrivateLimitedCompanyLtd 2023-12-31 2024-12-30 06950361 frs-bus:FilletedAccounts 2023-12-31 2024-12-30 06950361 frs-bus:SmallEntities 2023-12-31 2024-12-30 06950361 frs-bus:AuditExempt-NoAccountantsReport 2023-12-31 2024-12-30 06950361 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-31 2024-12-30 06950361 frs-bus:OrdinaryShareClass1 2023-12-31 2024-12-30 06950361 frs-bus:OrdinaryShareClass1 2024-12-30 06950361 frs-bus:Director1 2023-12-31 2024-12-30 06950361 frs-bus:CompanySecretary1 2023-12-31 2024-12-30 06950361 frs-core:CurrentFinancialInstruments 1 2024-12-30 06950361 frs-countries:EnglandWales 2023-12-31 2024-12-30 06950361 2022-12-30 06950361 2023-12-30 06950361 2022-12-31 2023-12-30 06950361 frs-core:CurrentFinancialInstruments 2023-12-30 06950361 frs-core:Non-currentFinancialInstruments 2023-12-30 06950361 frs-core:ShareCapital 2023-12-30 06950361 frs-core:RetainedEarningsAccumulatedLosses 2023-12-30 06950361 frs-bus:OrdinaryShareClass1 2022-12-31 2023-12-30 06950361 frs-core:CurrentFinancialInstruments 1 2023-12-30
Registered number: 06950361
ASHCROFTS MINI TRAVEL LTD
Unaudited Financial Statements
For The Year Ended 30 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06950361
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 26,100 30,450
Tangible Assets 5 1,033,564 877,538
1,059,664 907,988
CURRENT ASSETS
Stocks 5,600 5,600
Debtors 6 566,686 283,795
Cash at bank and in hand 30,260 (1,030 )
602,546 288,365
Creditors: Amounts Falling Due Within One Year 7 (984,949 ) (653,313 )
NET CURRENT ASSETS (LIABILITIES) (382,403 ) (364,948 )
TOTAL ASSETS LESS CURRENT LIABILITIES 677,261 543,040
Creditors: Amounts Falling Due After More Than One Year 8 (210,784 ) (307,675 )
NET ASSETS 466,477 235,365
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 466,377 235,265
SHAREHOLDERS' FUNDS 466,477 235,365
Page 1
Page 2
For the year ending 30 December 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 Chris Ashcroft
Director
29th 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
ASHCROFTS MINI TRAVEL LTD Registered number 06950361 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 1, Golborne Enterprise Park , Golborne , Warrington , WA3 3DR .
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 25% Reducing Balance
Motor Vehicles 15% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 33% Reducing Balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. 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.
...CONTINUED
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2.7. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 37 (2023: 30)
37 30
4. Intangible Assets
Goodwill
£
Cost
As at 31 December 2023 43,500
As at 30 December 2024 43,500
Amortisation
As at 31 December 2023 13,050
Provided during the period 4,350
As at 30 December 2024 17,400
Net Book Value
As at 30 December 2024 26,100
As at 31 December 2023 30,450
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 31 December 2023 91,420 1,501,833 38,791 32,937 1,664,981
Additions 46,960 298,000 - 5,056 350,016
As at 30 December 2024 138,380 1,799,833 38,791 37,993 2,014,997
Depreciation
As at 31 December 2023 69,439 650,672 36,637 30,695 787,443
Provided during the period 17,235 172,374 1,272 3,109 193,990
As at 30 December 2024 86,674 823,046 37,909 33,804 981,433
Net Book Value
As at 30 December 2024 51,706 976,787 882 4,189 1,033,564
As at 31 December 2023 21,981 851,161 2,154 2,242 877,538
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 64,637 20,575
Prepayments and accrued income 240,218 103,196
Other debtors 36,617 9,533
Director's loan account 225,214 150,491
566,686 283,795
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 502,145 275,343
Trade creditors 40,296 32,424
Bank loans and overdrafts 173,739 83,436
Corporation tax 6,879 6,879
Other taxes and social security 43,589 42,735
VAT 21,750 59,332
Net wages 15,527 7,010
Pension creditor 1,884 1,275
Other creditors (1) 5,000 5,000
Memory Lane deferred income 174,140 139,879
984,949 653,313
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 175,196 252,733
Bank loans 35,588 54,942
210,784 307,675
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1 each 100 100
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