Acorah Software Products - Accounts Production 16.6.950 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10591062 Mr Nigel Lewis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10591062 2023-12-31 10591062 2024-12-31 10591062 2024-01-01 2024-12-31 10591062 frs-core:CurrentFinancialInstruments 2024-12-31 10591062 frs-core:ComputerEquipment 2024-12-31 10591062 frs-core:ComputerEquipment 2024-01-01 2024-12-31 10591062 frs-core:ComputerEquipment 2023-12-31 10591062 frs-core:MotorVehicles 2024-12-31 10591062 frs-core:MotorVehicles 2024-01-01 2024-12-31 10591062 frs-core:MotorVehicles 2023-12-31 10591062 frs-core:ShareCapital 2024-12-31 10591062 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10591062 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10591062 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10591062 frs-bus:SmallEntities 2024-01-01 2024-12-31 10591062 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10591062 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10591062 frs-bus:Director1 2024-01-01 2024-12-31 10591062 frs-countries:EnglandWales 2024-01-01 2024-12-31 10591062 2022-12-31 10591062 2023-12-31 10591062 2023-01-01 2023-12-31 10591062 frs-core:CurrentFinancialInstruments 2023-12-31 10591062 frs-core:ShareCapital 2023-12-31 10591062 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10591062
Louie,s Autos Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Pink Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10591062
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,409 17,600
14,409 17,600
CURRENT ASSETS
Debtors 5 - 3,109
Cash at bank and in hand 1,816 3,847
1,816 6,956
Creditors: Amounts Falling Due Within One Year 6 (13,128 ) (19,490 )
NET CURRENT ASSETS (LIABILITIES) (11,312 ) (12,534 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,097 5,066
NET ASSETS 3,097 5,066
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 2,997 4,966
SHAREHOLDERS' FUNDS 3,097 5,066
For the year ending 31 December 2024 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 Nigel Lewis
Director
31/12/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Louie,s Autos Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10591062 . The registered office is Middle Yard, Croxstalls Road, Walsall, West Midlands, WS3 2XU.
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:
Motor Vehicles 15% RBM
Computer Equipment 15% SLM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 21,228 3,233 24,461
As at 31 December 2024 21,228 3,233 24,461
Depreciation
As at 1 January 2024 5,891 970 6,861
Provided during the period 2,706 485 3,191
As at 31 December 2024 8,597 1,455 10,052
Net Book Value
As at 31 December 2024 12,631 1,778 14,409
As at 1 January 2024 15,337 2,263 17,600
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 3,109
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) 7,668
Other loans 8,244 9,422
Other creditors 4,885 2,400
13,128 19,490
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3