Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10513191 Ms Lisa Hawkeswood Mrs Michaela Hawkeswood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10513191 2024-03-31 10513191 2025-03-31 10513191 2024-04-01 2025-03-31 10513191 frs-core:CurrentFinancialInstruments 2025-03-31 10513191 frs-core:Non-currentFinancialInstruments 2025-03-31 10513191 frs-core:PlantMachinery 2025-03-31 10513191 frs-core:PlantMachinery 2024-04-01 2025-03-31 10513191 frs-core:PlantMachinery 2024-03-31 10513191 frs-core:ShareCapital 2025-03-31 10513191 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10513191 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10513191 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10513191 frs-bus:SmallEntities 2024-04-01 2025-03-31 10513191 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10513191 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10513191 frs-bus:Director1 2024-04-01 2025-03-31 10513191 frs-bus:Director2 2024-04-01 2025-03-31 10513191 frs-countries:EnglandWales 2024-04-01 2025-03-31 10513191 2023-03-31 10513191 2024-03-31 10513191 2023-04-01 2024-03-31 10513191 frs-core:CurrentFinancialInstruments 2024-03-31 10513191 frs-core:Non-currentFinancialInstruments 2024-03-31 10513191 frs-core:ShareCapital 2024-03-31 10513191 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10513191
Centre Tyres (Takeley) Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
C&H Associates T/AS Mobile Accountants
Chartered Management Accountants & Tax Practitioners
206 Turners Hill
Cheshunt
Waltham Cross
Hertfordshire
EN8 9DE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10513191
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,903 9,183
13,903 9,183
CURRENT ASSETS
Stocks 5 11,914 8,517
Debtors 6 520 232
Cash at bank and in hand 39,941 39,644
52,375 48,393
Creditors: Amounts Falling Due Within One Year 7 (40,441 ) (31,732 )
NET CURRENT ASSETS (LIABILITIES) 11,934 16,661
TOTAL ASSETS LESS CURRENT LIABILITIES 25,837 25,844
Creditors: Amounts Falling Due After More Than One Year 8 (14,639 ) (24,276 )
NET ASSETS 11,198 1,568
CAPITAL AND RESERVES
Called up share capital 9 35,100 35,100
Profit and Loss Account (23,902 ) (33,532 )
SHAREHOLDERS' FUNDS 11,198 1,568
Page 1
Page 2
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 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
Ms Lisa Hawkeswood
Director
16/06/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Centre Tyres (Takeley) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10513191 . The registered office is 206 Turners Hill, cheshunt, Hertfordshire, EN8 9DE.
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 20
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 23,556
Additions 6,265
As at 31 March 2025 29,821
Depreciation
As at 1 April 2024 14,373
Provided during the period 1,545
As at 31 March 2025 15,918
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2025 13,903
As at 1 April 2024 9,183
5. Stocks
2025 2024
£ £
Stock 11,914 8,517
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 225 232
Prepayments and accrued income 295 -
520 232
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 20,104 14,642
Other taxes and social security 6,744 3,176
VAT 1,974 2,320
Accruals and deferred income 9,553 9,513
Directors' loan accounts 2,066 2,081
40,441 31,732
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 14,639 24,276
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 35,100 35,100
Page 4