Acorah Software Products - Accounts Production 19.1.200 false true 31 July 2024 1 August 2023 false 9 April 2026 1 August 2024 31 July 2025 31 July 2025 04997847 Mr A M Proctor Mr R L Proctor Mr J R Proctor Mr A M Proctor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04997847 2024-07-31 04997847 2025-07-31 04997847 2024-08-01 2025-07-31 04997847 frs-core:CurrentFinancialInstruments 2025-07-31 04997847 frs-core:FurnitureFittings 2025-07-31 04997847 frs-core:FurnitureFittings 2024-08-01 2025-07-31 04997847 frs-core:FurnitureFittings 2024-07-31 04997847 frs-core:NetGoodwill 2025-07-31 04997847 frs-core:NetGoodwill 2024-08-01 2025-07-31 04997847 frs-core:NetGoodwill 2024-07-31 04997847 frs-core:MotorVehicles 2025-07-31 04997847 frs-core:MotorVehicles 2024-08-01 2025-07-31 04997847 frs-core:MotorVehicles 2024-07-31 04997847 frs-core:PlantMachinery 2024-08-01 2025-07-31 04997847 frs-core:ShareCapital 2025-07-31 04997847 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 04997847 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 04997847 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 04997847 frs-bus:SmallEntities 2024-08-01 2025-07-31 04997847 frs-bus:Audited 2024-08-01 2025-07-31 04997847 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 04997847 frs-bus:Director1 2024-08-01 2025-07-31 04997847 frs-bus:Director1 2024-07-31 04997847 frs-bus:Director1 2025-07-31 04997847 frs-bus:Director2 2024-08-01 2025-07-31 04997847 frs-bus:Director3 2024-08-01 2025-07-31 04997847 frs-bus:Director3 2024-07-31 04997847 frs-bus:Director3 2025-07-31 04997847 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 04997847 frs-countries:EnglandWales 2024-08-01 2025-07-31 04997847 2023-07-31 04997847 2024-07-31 04997847 2023-08-01 2024-07-31 04997847 frs-core:CurrentFinancialInstruments 2024-07-31 04997847 frs-core:ShareCapital 2024-07-31 04997847 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 04997847
Proctor Car Sales Limited
Financial Statements
For The Year Ended 31 July 2025
Proctor Car Sales Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Proctor Car Sales Limited
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 04997847

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 41,880 |  | 49,381
Tangible Assets | 5 |  | 59,757 |  | 115,590
|  |  | 101,637 |  | 164,971
CURRENT ASSETS
Stocks | 6 | 3,182,256 |  | 2,836,929 |
Debtors | 7 | 847,305 |  | 961,864 |
Cash at bank and in hand |  | 257,726 |  | 120,022 |
|  | 4,287,287 |  | 3,918,815 |
Creditors: Amounts Falling Due Within One Year | 8 | (1,653,924 ) |  | (1,569,513 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 2,633,363 |  | 2,349,302
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,735,000 |  | 2,514,273
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (25,104 ) |  | (40,925 )
NET ASSETS |  |  | 2,709,896 |  | 2,473,348
CAPITAL AND RESERVES
Called up share capital | 9 |  | 2 |  | 2
Profit and Loss Account |  |  | 2,709,894 |  | 2,473,346
SHAREHOLDERS' FUNDS |  |  | 2,709,896 |  | 2,473,348

Page 1
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Proctor Car Sales Limited
Balance Sheet (continued)
As At 31 July 2025
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 R L Proctor Director
9 April 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Proctor Car Sales Limited
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Proctor Car Sales Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04997847 . The registered office is Littlecotes Farm, Dark Lane, Ashover Hay, Ashover, Chesterfield, Derbyshire, S45 0HD.
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. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goodsand provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company. Turnover is recognised at the point of delivery to the customer.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to 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:

Plant & Machinery | 25% straight line
Motor Vehicles | 25% straight line
Fixtures & Fittings | 25% straight line

2.5. Stocks and Work in Progress
Stocks is 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.
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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 23 (2024: 21)
23 21
Page 3
Page 4
Proctor Car Sales Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 August 2024 | 75,007
As at 31 July 2025 | 75,007
Amortisation
As at 1 August 2024 | 25,626
Provided during the period | 7,501
As at 31 July 2025 | 33,127
Net Book Value
As at 31 July 2025 | 41,880
As at 1 August 2024 | 49,381

5. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 August 2024 | 87,840 | 247,532 | 335,372
Additions | - | 2,342 | 2,342
Transfers | (8,708 ) | 8,707 | (1 )
As at 31 July 2025 | 79,132 | 258,581 | 337,713
Depreciation
As at 1 August 2024 | 57,975 | 161,807 | 219,782
Provided during the period | 15,593 | 42,581 | 58,174
Transfers | (8,707 ) | 8,707 | -
As at 31 July 2025 | 64,861 | 213,095 | 277,956
Net Book Value
As at 31 July 2025 | 14,271 | 45,486 | 59,757
As at 1 August 2024 | 29,865 | 85,725 | 115,590

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 3,182,256 |  | 2,836,929

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Proctor Car Sales Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 277,242 |  | 404,610
Amounts owed by group undertakings | 404,029 |  | 397,079
Amounts owed by participating interests | 74,932 |  | 77,335
Other debtors | 91,102 |  | 82,840
| 847,305 |  | 961,864

The prior period has been restated to reclassify amounts due from group undertakings that had been incorrectly included within amounts due from participating interests.
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 599,913 |  | 517,650
Amounts owed to participating interests | 205,600 |  | 355,634
Other creditors | 508,064 |  | 352,091
Taxation and social security | 340,347 |  | 344,138
| 1,653,924 |  | 1,569,513

The prior period has been restated to reclassify deferrred income which had been incorrectly included within trade creditors.
9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

10. Contingent Liabilities
The company has provided security, in the form of an unlimited multilateral guarantee, for any bank loans or overdrafts of its related companies within the Bookstage Holdings Limited group of companies. At the year end, the group had borrowings of £420,620 (2024 - £881,389).
11. Pension Commitments
The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.
Pension contributions totalling £3,165 (2024 - £3,393) were payable at the year end and are included in creditors.
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 August 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 July 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Robert Proctor | - | 12,115 | 12,115 | - | -
Mr James Proctor | 2,086 | 2,817 | 4,903 | - | -

The above loan is unsecured, interest free and repayable on demand.
Page 5
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Proctor Car Sales Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
13. Related Party Transactions
The company has taken exemption of disclosing transactions with group companies under section 33 of FRS102.
During the year the company made the following related party transactions.
Proctor Property Developments LimitedA company under common controlAt the balance sheet date the amount due from Proctor Property Developments Limited was £65,431 (2024 - £65,397). No interest is charged on this loan.

Proctor Property Developments Limited

A company under common control

At the balance sheet date the amount due from Proctor Property Developments Limited was £65,431 (2024 - £65,397). No interest is charged on this loan.

Proctor Fleet Management LtdA company under common controlAt the balance sheet date the amount due from Proctor Fleet Management Ltd was £98 (2024 - £11,904). No interest is charged on this loan.

Proctor Fleet Management Ltd

A company under common control

At the balance sheet date the amount due from Proctor Fleet Management Ltd was £98 (2024 - £11,904). No interest is charged on this loan.

PPG (Portugal) LimitedA company under common controlAt the balance sheet date the amount due from PPG (Portugal) Limited was £313,628 (2024 - £311,058). No interest was charged on this loan. During the year the directors provided for an impairment of this loan amounting to £2,570 (2024 - £25,001) which has been charged to the profit and loss account. The balance due from PPG (Portugal) Limited was fully provided for at the current year end and prior year end.

PPG (Portugal) Limited

A company under common control

At the balance sheet date the amount due from PPG (Portugal) Limited was £313,628 (2024 - £311,058). No interest was charged on this loan. During the year the directors provided for an impairment of this loan amounting to £2,570 (2024 - £25,001) which has been charged to the profit and loss account. The balance due from PPG (Portugal) Limited was fully provided for at the current year end and prior year end.

14. Audit Information
The auditor's report on the accounts of Proctor Car Sales Limited for the year ended 31 July 2025 was unqualified.
The auditor's report was signed by Daniel Johnson (Senior Statutory Auditor) for and on behalf of Nuvo Audit Limited , Statutory Auditor.

Nuvo Audit Limited First Floor, Sterling House Outrams Wharf Little Eaton Derby DE21 5EL

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