Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 12106879 Mr Karl Bell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12106879 2024-01-31 12106879 2025-01-31 12106879 2024-02-01 2025-01-31 12106879 frs-core:CurrentFinancialInstruments 2025-01-31 12106879 frs-core:Non-currentFinancialInstruments 2025-01-31 12106879 frs-core:BetweenOneFiveYears 2025-01-31 12106879 frs-core:ComputerEquipment 2025-01-31 12106879 frs-core:ComputerEquipment 2024-02-01 2025-01-31 12106879 frs-core:ComputerEquipment 2024-01-31 12106879 frs-core:NetGoodwill 2025-01-31 12106879 frs-core:NetGoodwill 2024-02-01 2025-01-31 12106879 frs-core:NetGoodwill 2024-01-31 12106879 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-31 12106879 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-01 2025-01-31 12106879 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 12106879 frs-core:PlantMachinery 2025-01-31 12106879 frs-core:PlantMachinery 2024-02-01 2025-01-31 12106879 frs-core:PlantMachinery 2024-01-31 12106879 frs-core:WithinOneYear 2025-01-31 12106879 frs-core:ShareCapital 2025-01-31 12106879 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 12106879 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 12106879 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 12106879 frs-bus:SmallEntities 2024-02-01 2025-01-31 12106879 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 12106879 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 12106879 frs-bus:Director1 2024-02-01 2025-01-31 12106879 frs-bus:Director1 2024-01-31 12106879 frs-bus:Director1 2025-01-31 12106879 frs-countries:EnglandWales 2024-02-01 2025-01-31 12106879 2023-01-31 12106879 2024-01-31 12106879 2023-02-01 2024-01-31 12106879 frs-core:CurrentFinancialInstruments 2024-01-31 12106879 frs-core:Non-currentFinancialInstruments 2024-01-31 12106879 frs-core:BetweenOneFiveYears 2024-01-31 12106879 frs-core:WithinOneYear 2024-01-31 12106879 frs-core:ShareCapital 2024-01-31 12106879 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 12106879
Countrywide Coaches Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12106879
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 11,291
Tangible Assets 5 957,056 773,537
957,056 784,828
CURRENT ASSETS
Debtors 6 123,202 104,089
Investments 7 4,000 -
Cash at bank and in hand 117,610 77,653
244,812 181,742
Creditors: Amounts Falling Due Within One Year 8 (361,411 ) (346,578 )
NET CURRENT ASSETS (LIABILITIES) (116,599 ) (164,836 )
TOTAL ASSETS LESS CURRENT LIABILITIES 840,457 619,992
Creditors: Amounts Falling Due After More Than One Year 9 (415,760 ) (368,256 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (154,844 ) (104,088 )
NET ASSETS 269,853 147,648
CAPITAL AND RESERVES
Called up share capital 11 3 3
Profit and Loss Account 269,850 147,645
SHAREHOLDERS' FUNDS 269,853 147,648
Page 1
Page 2
For the year ending 31 January 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 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 Karl Bell
Director
22/10/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Countrywide Coaches Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12106879 . The registered office is 19 Chiltern Close, Princes Risborough, Buckinghamshire, HP27 0EA.
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 provision of coach hire services and coach related maintenance services. Turnover is reduced for estimated customer refunds, rebates and other similar allowances.
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 5 years.
2.4. 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:
Leasehold Over 10 years straight line
Plant & Machinery Over 3 and 10 years straight line
Computer Equipment Over 5 years straight line
Plant and machinery includes coaches used to generate income. Most of the coaches were brought in from a sole trader business where the coaches were depreciation over 10 years straight line.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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 profit and loss account as incurred.
2.6. 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
Page 3
Page 4
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 12)
11 12
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2024 56,456
As at 31 January 2025 56,456
Amortisation
As at 1 February 2024 45,165
Provided during the period 11,291
As at 31 January 2025 56,456
Net Book Value
As at 31 January 2025 -
As at 1 February 2024 11,291
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2024 15,000 1,094,126 5,973 1,115,099
Additions 2,438 402,638 613 405,689
Disposals - (105,978 ) (1,531 ) (107,509 )
As at 31 January 2025 17,438 1,390,786 5,055 1,413,279
Depreciation
As at 1 February 2024 4,500 334,409 2,653 341,562
Provided during the period 1,744 146,315 1,011 149,070
Disposals - (33,449 ) (960 ) (34,409 )
As at 31 January 2025 6,244 447,275 2,704 456,223
Net Book Value
As at 31 January 2025 11,194 943,511 2,351 957,056
As at 1 February 2024 10,500 759,717 3,320 773,537
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 52,327 28,300
Prepayments and accrued income 55,498 71,410
Other debtors 4,549 4,379
Director's loan account 10,828 -
123,202 104,089
7. Current Asset Investments
2025 2024
£ £
Other investments, held for sale 4,000 -
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 267,865 240,039
Trade creditors 46,035 17,408
Bank loans and overdrafts 6,180 6,180
Total taxes and social security (18,463 ) (4,891 )
Other creditors 49,287 51,720
Accruals and deferred income 10,507 22,925
Director's loan account - 13,197
361,411 346,578
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 392,624 339,935
Bank loans 23,136 28,321
415,760 368,256
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 267,865 240,039
Later than one year and not later than five years 392,624 339,935
660,489 579,974
660,489 579,974
Page 5
Page 6
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Mr Karl Bell (13,197 ) 52,883 (28,858 ) - 10,828
The above loan is unsecured, interest free and repayable on demand.
Amounts owed under hire purchase are personally guaranteed by the director.
13. Related Party Transactions
At year end, the director owed the company £10,828 (2024: the company owed the director £13,197), which is shown within debtors. No interest has been charged, the amount is repayable on demand and is unsecured. Section 455 has been charged on this loan. 
Page 6