Acorah Software Products - Accounts Production 19.1.200 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 06006128 Mr Srikrishna Viswanathan Mrs Shantini Srikrishna Mr Johnny Srikrishna Mr Srikrishna Viswanathan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06006128 2024-10-31 06006128 2025-10-31 06006128 2024-11-01 2025-10-31 06006128 frs-core:CurrentFinancialInstruments 2025-10-31 06006128 frs-core:Non-currentFinancialInstruments 2025-10-31 06006128 frs-core:ComputerEquipment 2025-10-31 06006128 frs-core:ComputerEquipment 2024-11-01 2025-10-31 06006128 frs-core:ComputerEquipment 2024-10-31 06006128 frs-core:FurnitureFittings 2025-10-31 06006128 frs-core:FurnitureFittings 2024-11-01 2025-10-31 06006128 frs-core:FurnitureFittings 2024-10-31 06006128 frs-core:NetGoodwill 2025-10-31 06006128 frs-core:NetGoodwill 2024-11-01 2025-10-31 06006128 frs-core:NetGoodwill 2024-10-31 06006128 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-10-31 06006128 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 06006128 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 06006128 frs-core:PlantMachinery 2025-10-31 06006128 frs-core:PlantMachinery 2024-11-01 2025-10-31 06006128 frs-core:PlantMachinery 2024-10-31 06006128 frs-core:ShareCapital 2025-10-31 06006128 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 06006128 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 06006128 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 06006128 frs-bus:SmallEntities 2024-11-01 2025-10-31 06006128 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 06006128 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 06006128 frs-bus:Director1 2024-11-01 2025-10-31 06006128 frs-bus:Director2 2024-11-01 2025-10-31 06006128 frs-bus:Director3 2024-11-01 2025-10-31 06006128 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 06006128 frs-core:CurrentFinancialInstruments 1 2025-10-31 06006128 frs-core:CurrentFinancialInstruments 2 2025-10-31 06006128 frs-core:CurrentFinancialInstruments 3 2025-10-31 06006128 frs-core:CurrentFinancialInstruments 4 2025-10-31 06006128 frs-core:CurrentFinancialInstruments 5 2025-10-31 06006128 frs-core:CurrentFinancialInstruments 6 2025-10-31 06006128 frs-countries:EnglandWales 2024-11-01 2025-10-31 06006128 2023-10-31 06006128 2024-10-31 06006128 2023-11-01 2024-10-31 06006128 frs-core:CurrentFinancialInstruments 2024-10-31 06006128 frs-core:Non-currentFinancialInstruments 2024-10-31 06006128 frs-core:ShareCapital 2024-10-31 06006128 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 06006128 frs-core:CurrentFinancialInstruments 1 2024-10-31 06006128 frs-core:CurrentFinancialInstruments 2 2024-10-31 06006128 frs-core:CurrentFinancialInstruments 3 2024-10-31 06006128 frs-core:CurrentFinancialInstruments 4 2024-10-31 06006128 frs-core:CurrentFinancialInstruments 5 2024-10-31 06006128 frs-core:CurrentFinancialInstruments 6 2024-10-31
Registered number: 06006128
Regal Garages Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Accountancy Group Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06006128
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,363,519 1,245,644
1,363,519 1,245,644
CURRENT ASSETS
Stocks 6 31,452 30,358
Debtors 7 3,049,336 2,980,146
Cash at bank and in hand 354,278 538,311
3,435,066 3,548,815
Creditors: Amounts Falling Due Within One Year 8 (1,318,925 ) (1,569,527 )
NET CURRENT ASSETS (LIABILITIES) 2,116,141 1,979,288
TOTAL ASSETS LESS CURRENT LIABILITIES 3,479,660 3,224,932
Creditors: Amounts Falling Due After More Than One Year 9 (815,465 ) (873,432 )
NET ASSETS 2,664,195 2,351,500
CAPITAL AND RESERVES
Called up share capital 10 552,003 552,003
Profit and Loss Account 2,112,192 1,799,497
SHAREHOLDERS' FUNDS 2,664,195 2,351,500
Page 1
Page 2
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Srikrishna Viswanathan
Director
31/07/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Regal Garages Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06006128 . The registered office is Svs House, Oliver Grove, London, SE25 6EJ.
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. 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 the profit and loss account over its estimated economic life of .... 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:
Freehold 2%
Plant & Machinery 20%
Fixtures & Fittings 20%
Computer Equipment 20%
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.
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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 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 year, 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 15)
13 15
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2024 100,000
As at 31 October 2025 100,000
Amortisation
As at 1 November 2024 100,000
As at 31 October 2025 100,000
Net Book Value
As at 31 October 2025 -
As at 1 November 2024 -
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5. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 November 2024 1,008,630 164,700 1,764,645 36,411 2,974,386
Additions - 28,500 272,442 - 300,942
As at 31 October 2025 1,008,630 193,200 2,037,087 36,411 3,275,328
Depreciation
As at 1 November 2024 307,241 118,286 1,271,750 31,465 1,728,742
Provided during the period 14,028 14,983 153,067 989 183,067
As at 31 October 2025 321,269 133,269 1,424,817 32,454 1,911,809
Net Book Value
As at 31 October 2025 687,361 59,931 612,270 3,957 1,363,519
As at 1 November 2024 701,389 46,414 492,895 4,946 1,245,644
6. Stocks
2025 2024
£ £
Stock 31,452 30,358
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 100,061 37,171
Prepayments and accrued income 7,943 11,609
Other debtors 2,366 1,500
Ashdene Service Station Ltd 604,200 604,200
SJS Garages Ltd 1,469,039 1,469,039
Epsom Service Station Ltd 808,400 808,400
Birchington Garage Ltd 18,300 18,300
Tinker Bell Service Station Ltd 24,927 24,927
Camelot Garages Ltd 14,100 5,000
3,049,336 2,980,146
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 782,650 976,031
Bank loans and overdrafts 93,799 93,799
Corporation tax 77,514 109,161
Other taxes and social security 3,248 2,555
VAT 8,986 35,578
Other creditors 779 675
Pension payable 1,487 1,266
Accruals 350,462 350,462
1,318,925 1,569,527
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 815,465 873,432
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 552,003 552,003
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