Acorah Software Products - Accounts Production 19.2.450 false true false 11 September 2024 30 September 2025 30 September 2025 15951000 Mr James Charlesworth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15951000 2024-09-10 15951000 2025-09-30 15951000 2024-09-11 2025-09-30 15951000 frs-core:CurrentFinancialInstruments 2025-09-30 15951000 frs-core:Non-currentFinancialInstruments 2025-09-30 15951000 frs-core:ShareCapital 2025-09-30 15951000 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 15951000 frs-bus:PrivateLimitedCompanyLtd 2024-09-11 2025-09-30 15951000 frs-bus:FilletedAccounts 2024-09-11 2025-09-30 15951000 frs-bus:SmallEntities 2024-09-11 2025-09-30 15951000 frs-bus:AuditExempt-NoAccountantsReport 2024-09-11 2025-09-30 15951000 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-11 2025-09-30 15951000 frs-core:UnlistedNon-exchangeTraded 2025-09-30 15951000 frs-core:UnlistedNon-exchangeTraded 2024-09-10 15951000 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-10 15951000 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-09-30 15951000 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-09-30 15951000 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-10 15951000 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-09-30 15951000 frs-bus:Director1 2024-09-11 2025-09-30 15951000 frs-countries:EnglandWales 2024-09-11 2025-09-30
Registered number: 15951000
Auto Classics (Global) Ltd
Unaudited Financial Statements
For the Period 11 September 2024 to 30 September 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15951000
30 September 2025
Notes £ £
FIXED ASSETS
Investments 4 3,754,775
3,754,775
CURRENT ASSETS
Debtors 5 94
94
Creditors: Amounts Falling Due Within One Year 6 (1,411,736 )
NET CURRENT ASSETS (LIABILITIES) (1,411,642 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,343,133
Creditors: Amounts Falling Due After More Than One Year 7 (2,338,485 )
NET ASSETS 4,648
CAPITAL AND RESERVES
Called up share capital 8 200
Profit and Loss Account 4,448
SHAREHOLDERS' FUNDS 4,648
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For the period ending 30 September 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 James Charlesworth
Director
10 June 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Auto Classics (Global) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15951000 . The registered office is 138 High Street, Crediton, Devon, EX17 3DX. The trading address Marsh End, Lords Meadow Industrial Estate, Crediton, Devon, EX17 1DN.
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. Financial Instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at the market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
2.3. 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 period, 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.
2.4. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
2.5. Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
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4. Investments
Unlisted
£
Cost or Valuation
As at 11 September 2024 -
Additions 3,754,775
As at 30 September 2025 3,754,775
Provision
As at 11 September 2024 -
As at 30 September 2025 -
Net Book Value
As at 30 September 2025 3,754,775
As at 11 September 2024 -
5. Debtors
30 September 2025
£
Due within one year
Prepayments and accrued income 14
Other debtors 80
94
6. Creditors: Amounts Falling Due Within One Year
30 September 2025
£
Other loans 314,885
Accruals and deferred income 11,011
Director's loan account 192
Amounts owed to subsidiaries 1,085,648
1,411,736
7. Creditors: Amounts Falling Due After More Than One Year
30 September 2025
£
Other loans 2,338,485
8. Share Capital
30 September 2025
£
Allotted, Called up and fully paid 200
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9. Related Party Transactions
At the period end, 30 September 2025, the director was owed £192 in respect of loans held with the company. These amounts are interest free and repayable on demand.
At the period end, 30 September 2025, the subsidiary company was owed £1,085,648 in respect of loans held with the company. These amounts are interest free and repayable on demand.
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