Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08005509 Mr Mohamed Abdulkadir iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08005509 2024-03-31 08005509 2025-03-31 08005509 2024-04-01 2025-03-31 08005509 frs-core:ShareCapital 2025-03-31 08005509 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08005509 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08005509 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08005509 frs-bus:SmallEntities 2024-04-01 2025-03-31 08005509 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08005509 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08005509 frs-bus:Director1 2024-04-01 2025-03-31 08005509 frs-countries:EnglandWales 2024-04-01 2025-03-31 08005509 2023-03-31 08005509 2024-03-31 08005509 2023-04-01 2024-03-31 08005509 frs-core:ShareCapital 2024-03-31 08005509 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08005509
VEHICLE REPLACEMENT EXPERTS LTD
Financial Statements
For The Year Ended 31 March 2025
CPA London
236 Fore Street
London
N18 2QD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 08005509
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Investments 4 2 2
Cash at bank and in hand 703 3,500
705 3,502
NET CURRENT ASSETS (LIABILITIES) 705 3,502
TOTAL ASSETS LESS CURRENT LIABILITIES 705 3,502
NET ASSETS 705 3,502
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 703 3,500
SHAREHOLDERS' FUNDS 705 3,502
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 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 Mohamed Abdulkadir
Director
31/12/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
VEHICLE REPLACEMENT EXPERTS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08005509 . The registered office is 603 Holloway Road, London, N19 4DJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Current Asset Investments
2025 2024
£ £
Own shares, held for sale 2 2
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 2