Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07169676 Mrs Susan McDonald iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07169676 2024-03-31 07169676 2025-03-31 07169676 2024-04-01 2025-03-31 07169676 frs-core:CurrentFinancialInstruments 2025-03-31 07169676 frs-core:Non-currentFinancialInstruments 2025-03-31 07169676 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07169676 frs-core:FurnitureFittings 2025-03-31 07169676 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07169676 frs-core:FurnitureFittings 2024-03-31 07169676 frs-core:MotorVehicles 2025-03-31 07169676 frs-core:MotorVehicles 2024-04-01 2025-03-31 07169676 frs-core:MotorVehicles 2024-03-31 07169676 frs-core:PlantMachinery 2025-03-31 07169676 frs-core:PlantMachinery 2024-04-01 2025-03-31 07169676 frs-core:PlantMachinery 2024-03-31 07169676 frs-core:WithinOneYear 2025-03-31 07169676 frs-core:ShareCapital 2025-03-31 07169676 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07169676 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07169676 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07169676 frs-bus:SmallEntities 2024-04-01 2025-03-31 07169676 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07169676 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07169676 frs-bus:Director1 2024-04-01 2025-03-31 07169676 frs-countries:EnglandWales 2024-04-01 2025-03-31 07169676 2023-03-31 07169676 2024-03-31 07169676 2023-04-01 2024-03-31 07169676 frs-core:CurrentFinancialInstruments 2024-03-31 07169676 frs-core:Non-currentFinancialInstruments 2024-03-31 07169676 frs-core:WithinOneYear 2024-03-31 07169676 frs-core:ShareCapital 2024-03-31 07169676 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07169676
Shelleys Taxis Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
KSR Accountants
Institute of Financial Accountants
The Old Buttermarket
Market Place
Tuxford
Newark
NG22 0LJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07169676
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,841 46,736
33,841 46,736
CURRENT ASSETS
Debtors 5 26,647 30,366
Cash at bank and in hand 34,835 27,999
61,482 58,365
Creditors: Amounts Falling Due Within One Year 6 (17,959 ) (18,710 )
NET CURRENT ASSETS (LIABILITIES) 43,523 39,655
TOTAL ASSETS LESS CURRENT LIABILITIES 77,364 86,391
Creditors: Amounts Falling Due After More Than One Year 7 (49,241 ) (64,640 )
NET ASSETS 28,123 21,751
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 28,023 21,651
SHAREHOLDERS' FUNDS 28,123 21,751
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For the year ending 31 March 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 Susan McDonald
Director
8th 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
Shelleys Taxis Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07169676 . The registered office is The Mendips. Big Lane, Clarborough, Retford, Notts, DN22 9LT.
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
Motor Vehicles 25
Fixtures & Fittings 15
Computer Equipment 50
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 11)
12 11
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2024 5,348 162,093 1,651 169,092
Disposals - (8,603 ) - (8,603 )
As at 31 March 2025 5,348 153,490 1,651 160,489
Depreciation
As at 1 April 2024 4,163 117,046 1,147 122,356
Provided during the period 178 10,802 76 11,056
Disposals - (6,764 ) - (6,764 )
As at 31 March 2025 4,341 121,084 1,223 126,648
Net Book Value
As at 31 March 2025 1,007 32,406 428 33,841
As at 1 April 2024 1,185 45,047 504 46,736
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 11,562 5,078
Prepayments and accrued income 2,848 2,848
14,410 7,926
Due after more than one year
Loan Koi Retford 12,237 22,440
26,647 30,366
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 2,598
Trade creditors (1 ) (2 )
Corporation tax 1,357 1,357
Other taxes and social security 2,147 2,147
VAT 7,385 5,539
Net wages 4,546 4,546
Accruals and deferred income 2,525 2,525
17,959 18,710
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 22,440 22,440
Directors loan account 26,801 42,200
49,241 64,640
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 2,598
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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