Acorah Software Products - Accounts Production 18.1.200 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 07719087 Mr Andrew Dyce iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07719087 2024-07-31 07719087 2025-07-31 07719087 2024-08-01 2025-07-31 07719087 frs-core:CurrentFinancialInstruments 2025-07-31 07719087 frs-core:Non-currentFinancialInstruments 2025-07-31 07719087 frs-core:ComputerEquipment 2025-07-31 07719087 frs-core:ComputerEquipment 2024-08-01 2025-07-31 07719087 frs-core:ComputerEquipment 2024-07-31 07719087 frs-core:FurnitureFittings 2025-07-31 07719087 frs-core:FurnitureFittings 2024-08-01 2025-07-31 07719087 frs-core:FurnitureFittings 2024-07-31 07719087 frs-core:PlantMachinery 2025-07-31 07719087 frs-core:PlantMachinery 2024-08-01 2025-07-31 07719087 frs-core:PlantMachinery 2024-07-31 07719087 frs-core:ShareCapital 2025-07-31 07719087 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 07719087 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 07719087 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 07719087 frs-bus:SmallEntities 2024-08-01 2025-07-31 07719087 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 07719087 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 07719087 frs-core:UnlistedNon-exchangeTraded 2025-07-31 07719087 frs-core:UnlistedNon-exchangeTraded 2024-07-31 07719087 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 07719087 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2025-07-31 07719087 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-07-31 07719087 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 07719087 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-07-31 07719087 frs-bus:Director1 2024-08-01 2025-07-31 07719087 frs-countries:EnglandWales 2024-08-01 2025-07-31 07719087 2023-07-31 07719087 2024-07-31 07719087 2023-08-01 2024-07-31 07719087 frs-core:CurrentFinancialInstruments 2024-07-31 07719087 frs-core:Non-currentFinancialInstruments 2024-07-31 07719087 frs-core:ShareCapital 2024-07-31 07719087 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 07719087
Select Cars Grimsby Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Appleleaf Chartered Certified Accountants
ACCA
5 Town Hall Street
Grimsby
Lincolnshire
DN31 1HN
Select Cars Grimsby Limited
Contents
Contents

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

Page 1
Select Cars Grimsby Limited
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 07719087

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 13,778 |  | 15,039
Investment Properties | 5 |  | 695,000 |  | 611,232
Investments | 6 |  | 20 |  | 250,020
|  |  | 708,798 |  | 876,291
CURRENT ASSETS
Stocks | 7 | - |  | 3,708 |
Debtors | 8 | 25,736 |  | 20,337 |
Cash at bank and in hand |  | 196,200 |  | 157,270 |
|  | 221,936 |  | 181,315 |
Creditors: Amounts Falling Due Within One Year | 9 | (17,548 ) |  | (81,873 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 204,388 |  | 99,442
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 913,186 |  | 975,733
Creditors: Amounts Falling Due After More Than One Year | 10 |  | - |  | (8,717 )
NET ASSETS |  |  | 913,186 |  | 967,016
CAPITAL AND RESERVES
Called up share capital | 11 |  | 10 |  | 10
Profit and Loss Account |  |  | 913,176 |  | 967,006
SHAREHOLDERS' FUNDS |  |  | 913,186 |  | 967,016

Page 1
Page 2
Select Cars Grimsby Limited
Balance Sheet (continued)
As At 31 July 2025
For the year ending 31 July 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 Andrew Dyce Director
14 April 2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Select Cars Grimsby Limited
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Select Cars Grimsby Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07719087 . The registered office is 5 Town Hall Street, Grimsby, DN31 1HN.
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 | 25% on cost
Fixtures & Fittings | 20% on cost
Computer Equipment | 25% on cost

2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
Page 3
Page 4
Select Cars Grimsby Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
2.5. 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.
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.
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: 2 (2024: 3)
2 3
Page 4
Page 5
Select Cars Grimsby Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
4. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost or Valuation
As at 1 August 2024 | 4,059 | 30,979 | 6,167 | 41,205
Additions | 180 | 5,077 | - | 5,257
Disposals | (4,059 ) | - | (4,331 ) | (8,390 )
As at 31 July 2025 | 180 | 36,056 | 1,836 | 38,072
Depreciation
As at 1 August 2024 | 3,954 | 16,376 | 5,836 | 26,166
Provided during the period | 24 | 6,221 | 138 | 6,383
Disposals | (3,954 ) | - | (4,301 ) | (8,255 )
As at 31 July 2025 | 24 | 22,597 | 1,673 | 24,294
Net Book Value
As at 31 July 2025 | 156 | 13,459 | 163 | 13,778
As at 1 August 2024 | 105 | 14,603 | 331 | 15,039

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 August 2024 | 611,232
Additions | 86,432
Revaluations | (2,664)
As at 31 July 2025 | 695,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 710,384 |  | 623,952

Page 5
Page 6
Select Cars Grimsby Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
6. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 August 2024 | 250,020
Disposals | (250,000 )
As at 31 July 2025 | 20
Provision
As at 1 August 2024 | -
As at 31 July 2025 | -
Net Book Value
As at 31 July 2025 | 20
As at 1 August 2024 | 250,020

7. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock of vehicles | - |  | 3,708

8. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 111 |  | 15,301
Prepayments and accrued income | 1,771 |  | 665
Other debtors | 19,848 |  | 3,441
Deferred tax current asset | 4,006 |  | 930
| 25,736 |  | 20,337

Page 6
Page 7
Select Cars Grimsby Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
9. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 5,269 |  | 3,423
Bank loans and overdrafts | 8,717 |  | 10,286
Corporation tax | 1,869 |  | 39,027
Other taxes and social security | - |  | 482
VAT | - |  | 24,798
Credit Card | - |  | 480
Accruals and deferred income | 28 |  | 2,621
Director's loan account | 1,665 |  | 756
| 17,548 |  | 81,873

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 8,717

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 10 |  | 10

Page 7