Acorah Software Products - Accounts Production 16.6.950 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 02005904 Mr James Frost Mr Richard Frost Mr James Frost iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02005904 2024-04-30 02005904 2025-04-30 02005904 2024-05-01 2025-04-30 02005904 frs-core:CurrentFinancialInstruments 2025-04-30 02005904 frs-core:Non-currentFinancialInstruments 2025-04-30 02005904 frs-core:BetweenOneFiveYears 2025-04-30 02005904 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-01 2025-04-30 02005904 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-30 02005904 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-01 2025-04-30 02005904 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 02005904 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-30 02005904 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 02005904 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 02005904 frs-core:MoreThanFiveYears 2025-04-30 02005904 frs-core:MotorVehicles 2025-04-30 02005904 frs-core:MotorVehicles 2024-05-01 2025-04-30 02005904 frs-core:MotorVehicles 2024-04-30 02005904 frs-core:OtherResidualIntangibleAssets 2025-04-30 02005904 frs-core:OtherResidualIntangibleAssets 2024-05-01 2025-04-30 02005904 frs-core:OtherResidualIntangibleAssets 2024-04-30 02005904 frs-core:PlantMachinery 2025-04-30 02005904 frs-core:PlantMachinery 2024-05-01 2025-04-30 02005904 frs-core:PlantMachinery 2024-04-30 02005904 frs-core:WithinOneYear 2025-04-30 02005904 frs-core:RevaluationReserve 2024-05-01 2025-04-30 02005904 frs-core:RevaluationReserve 2024-04-30 02005904 frs-core:RevaluationReserve 2025-04-30 02005904 frs-core:ShareCapital 2025-04-30 02005904 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 02005904 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 02005904 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 02005904 frs-bus:SmallEntities 2024-05-01 2025-04-30 02005904 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 02005904 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 02005904 frs-core:CostValuation 2024-04-30 02005904 frs-core:CostValuation 2025-04-30 02005904 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 02005904 frs-core:ProvisionsForImpairmentInvestments 2025-04-30 02005904 frs-bus:Director1 2024-05-01 2025-04-30 02005904 frs-bus:Director2 2024-05-01 2025-04-30 02005904 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 02005904 frs-countries:EnglandWales 2024-05-01 2025-04-30 02005904 2023-04-30 02005904 2024-04-30 02005904 2023-05-01 2024-04-30 02005904 frs-core:CurrentFinancialInstruments 2024-04-30 02005904 frs-core:Non-currentFinancialInstruments 2024-04-30 02005904 frs-core:BetweenOneFiveYears 2024-04-30 02005904 frs-core:MoreThanFiveYears 2024-04-30 02005904 frs-core:WithinOneYear 2024-04-30 02005904 frs-core:RevaluationReserve 2024-04-30 02005904 frs-core:ShareCapital 2024-04-30 02005904 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 02005904
Commercial Vehicle Sales (Tottenham) Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
striveX Ltd
Commercial Vehicle Sales (Tottenham) Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
Commercial Vehicle Sales (Tottenham) Limited
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 02005904

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 3,200 |  | -
Tangible Assets | 5 |  | 2,040,271 |  | 1,640,822
Investments | 6 |  | 1,851,607 |  | 1,851,607
|  |  | 3,895,078 |  | 3,492,429
CURRENT ASSETS
Stocks | 7 | 159,000 |  | 305,200 |
Debtors | 8 | 376,435 |  | 281,987 |
Cash at bank and in hand |  | 90,788 |  | 190,624 |
|  | 626,223 |  | 777,811 |
Creditors: Amounts Falling Due Within One Year | 9 | (627,916 ) |  | (513,825 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (1,693 ) |  | 263,986
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,893,385 |  | 3,756,415
Creditors: Amounts Falling Due After More Than One Year | 10 |  | (729,074 ) |  | (770,198 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 12 |  | (460,418 ) |  | (280,669 )
NET ASSETS |  |  | 2,703,893 |  | 2,705,548
CAPITAL AND RESERVES
Called up share capital | 13 |  | 102 |  | 102
Revaluation reserve | 15 |  | 487,622 |  | 303,405
Profit and Loss Account |  |  | 2,216,169 |  | 2,402,041
SHAREHOLDERS' FUNDS |  |  | 2,703,893 |  | 2,705,548

Page 1
Page 2
Commercial Vehicle Sales (Tottenham) Limited
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 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

Mr James Frost Director
26/08/2025

The notes on pages 3 to 7 form part of these financial statements.
Page 2
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Commercial Vehicle Sales (Tottenham) Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
Commercial Vehicle Sales (Tottenham) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02005904 . The registered office is 72 White Hart Lane, London, N17 8HP.
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. 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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets relate to computer software, and is amortised to the profit and loss account over its estimated economic life of 10 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:

Freehold | 6.67% Straight line
Leasehold | 4% Straight line
Plant & Machinery | 10% Straight line
Motor Vehicles | 20% Straight line

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.
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Commercial Vehicle Sales (Tottenham) Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
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 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Preparation of consolidated financial statements
The financial statements contain information about Commercial Vehicle Sales (Tottenham) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
2.10. Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 10)
11 10
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 May 2024 | -
Transfers | 4,000
As at 30 April 2025 | 4,000
Amortisation
As at 1 May 2024 | -
Provided during the period | 400
Transfers | 400
As at 30 April 2025 | 800
Net Book Value
As at 30 April 2025 | 3,200
As at 1 May 2024 | -

Page 4
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Commercial Vehicle Sales (Tottenham) Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
5. Tangible Assets

| Land & Property
--- | ---
| Freehold | Leasehold | Plant & Machinery | Motor Vehicles | Total
| £ | £ | £ | £ | £
Cost or Valuation
As at 1 May 2024 | 130,889 | 420,000 | 68,197 | 1,827,658 | 2,446,744
Additions | - | - | 419 | 714,905 | 715,324
Disposals | - | - | (9,982 ) | (440,094 ) | (450,076 )
Revaluation | - | 343,600 | - | - | 343,600
Transfers | - | - | (4,000 ) | - | (4,000 )
As at 30 April 2025 | 130,889 | 763,600 | 54,634 | 2,102,469 | 3,051,592
Depreciation
As at 1 May 2024 | 17,461 | 16,800 | 18,091 | 753,570 | 805,922
Provided during the period | 8,726 | 16,800 | 4,073 | 420,494 | 450,093
Disposals | - | - | (3,793 ) | (240,501 ) | (244,294 )
Transfers | - | - | (400 ) | - | (400 )
As at 30 April 2025 | 26,187 | 33,600 | 17,971 | 933,563 | 1,011,321
Net Book Value
As at 30 April 2025 | 104,702 | 730,000 | 36,663 | 1,168,906 | 2,040,271
As at 1 May 2024 | 113,428 | 403,200 | 50,106 | 1,074,088 | 1,640,822

Cost or valuation as at 30 April 2025 represented by:

| Land & Property
--- | ---
| Freehold | Leasehold | Plant & Machinery | Motor Vehicles | Total
| £ | £ | £ | £ | £
At cost | 130,889 | 33,600 | 54,634 | 2,102,469 | 2,321,592
At valuation | - | 730,000 | - | - | 730,000
| 130,889 | 763,600 | 54,634 | 2,102,469 | 3,051,592

6. Investments

| Subsidiaries
--- | ---
| £
Cost or Valuation
As at 1 May 2024 | 1,851,607
As at 30 April 2025 | 1,851,607
Provision
As at 1 May 2024 | -
As at 30 April 2025 | -
Net Book Value
As at 30 April 2025 | 1,851,607
As at 1 May 2024 | 1,851,607

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Commercial Vehicle Sales (Tottenham) Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
7. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 159,000 |  | 305,200

8. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 26,248 |  | 17,416
Amounts owed by group undertakings | 314,801 |  | 194,679
Other debtors | 35,386 |  | 69,892
| 376,435 |  | 281,987

9. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 409,321 |  | 313,262
Trade creditors | 52,790 |  | 12,247
Bank loans and overdrafts | 669 |  | -
Other creditors | 155,489 |  | 115,800
Taxation and social security | 9,647 |  | 72,516
| 627,916 |  | 513,825

10. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 729,074 |  | 770,198

11. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 409,321 |  | 313,262
Later than one year and not later than five years | 729,074 |  | 770,198
| 1,138,395 |  | 1,083,460
| 1,138,395 |  | 1,083,460

12. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other timing differences | 460,418 |  | 280,669

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Commercial Vehicle Sales (Tottenham) Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
13. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 102 |  | 102

14. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 33,500 |  | 33,500
Later than one year and not later than five years | 134,000 |  | 134,000
Later than five years | 108,875 |  | 142,375
| 276,375 |  | 309,875

15. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 May 2024 | 303,405
Surplus on revaluation | 184,217
As at 30 April 2025 | 487,622

16. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 33.1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with entities which are wholly owned within the group that the Company belongs to.
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