Acorah Software Products - Accounts Production 19.2.450 false true 4 October 2024 1 November 2023 false 5 October 2024 31 October 2025 31 October 2025 08254938 Mr Adrian Gilbert Mr Juan Giacone Mr Adrian Gilbert true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08254938 2024-10-04 08254938 2025-10-31 08254938 2024-10-05 2025-10-31 08254938 frs-core:CurrentFinancialInstruments 2025-10-31 08254938 frs-core:BetweenOneFiveYears 2025-10-31 08254938 frs-core:ComputerEquipment 2025-10-31 08254938 frs-core:ComputerEquipment 2024-10-05 2025-10-31 08254938 frs-core:ComputerEquipment 2024-10-04 08254938 frs-core:MoreThanFiveYears 2025-10-31 08254938 frs-core:MotorVehicles 2025-10-31 08254938 frs-core:MotorVehicles 2024-10-05 2025-10-31 08254938 frs-core:MotorVehicles 2024-10-04 08254938 frs-core:PlantMachinery 2025-10-31 08254938 frs-core:PlantMachinery 2024-10-05 2025-10-31 08254938 frs-core:PlantMachinery 2024-10-04 08254938 frs-core:ShareCapital 2025-10-31 08254938 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 08254938 frs-bus:PrivateLimitedCompanyLtd 2024-10-05 2025-10-31 08254938 frs-bus:FilletedAccounts 2024-10-05 2025-10-31 08254938 frs-bus:SmallEntities 2024-10-05 2025-10-31 08254938 frs-bus:AuditExempt-NoAccountantsReport 2024-10-05 2025-10-31 08254938 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-05 2025-10-31 08254938 1 2024-10-05 2025-10-31 08254938 frs-bus:Director1 2024-10-05 2025-10-31 08254938 frs-bus:Director2 2024-10-05 2025-10-31 08254938 frs-countries:EnglandWales 2024-10-05 2025-10-31 08254938 2023-10-31 08254938 2024-10-04 08254938 2023-11-01 2024-10-04 08254938 frs-core:CurrentFinancialInstruments 2024-10-04 08254938 frs-core:BetweenOneFiveYears 2024-10-04 08254938 frs-core:MoreThanFiveYears 2024-10-04 08254938 frs-core:ShareCapital 2024-10-04 08254938 frs-core:RetainedEarningsAccumulatedLosses 2024-10-04
Registered number: 08254938
Giacone Car Care Centre Limited
Unaudited Financial Statements
For the Period 5 October 2024 to 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08254938
31 October 2025 4 October 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 30,023 17,000
30,023 17,000
CURRENT ASSETS
Stocks 5 3,000 29,905
Debtors 6 234,387 219
Cash at bank and in hand 66,850 -
304,237 30,124
Creditors: Amounts Falling Due Within One Year 7 (249,428 ) (19,559 )
NET CURRENT ASSETS (LIABILITIES) 54,809 10,565
TOTAL ASSETS LESS CURRENT LIABILITIES 84,832 27,565
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,506 ) (4,250 )
NET ASSETS 77,326 23,315
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 77,324 23,313
SHAREHOLDERS' FUNDS 77,326 23,315
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For the period 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 Adrian Gilbert
Director
31 July 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Giacone Car Care Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08254938 . The registered office is 152 Beechdale Road, Nottingham, NG8 3EZ.
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.
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 20% Reducing balance
Motor Vehicles 25% Reducing balance
Computer Equipment 3 Year straight line
2.4. 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.
2.5. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the period was: 9 (2024: 7)
9 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 5 October 2024 46,334 13,811 916 61,061
Additions 20,000 - 956 20,956
As at 31 October 2025 66,334 13,811 1,872 82,017
Depreciation
As at 5 October 2024 33,582 9,567 912 44,061
Provided during the period 6,550 1,061 322 7,933
As at 31 October 2025 40,132 10,628 1,234 51,994
Net Book Value
As at 31 October 2025 26,202 3,183 638 30,023
As at 5 October 2024 12,752 4,244 4 17,000
5. Stocks
31 October 2025 4 October 2024
£ £
Materials 3,000 29,905
6. Debtors
31 October 2025 4 October 2024
£ £
Due within one year
Trade debtors 96,887 -
Other debtors - 219
Amounts owed by group undertakings 137,500 -
234,387 219
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7. Creditors: Amounts Falling Due Within One Year
31 October 2025 4 October 2024
£ £
Trade creditors 52,759 -
Corporation tax 17,203 -
Other taxes and social security 7,129 -
VAT 63,652 -
Net wages - 2,825
Other creditors 7,671 -
Accruals and deferred income 59,195 16,000
Directors' loan accounts 41,819 734
249,428 19,559
8. Share Capital
31 October 2025 4 October 2024
£ £
Allotted, Called up and fully paid 2 2
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
31 October 2025 4 October 2024
£ £
Later than one year and not later than five years 270,000 -
Later than five years 90,000 -
360,000 -
10. Related Party Transactions
Dividends paid to parent company in year were £nil (2024: £1,133,515).
Within debtors there is an amount owed from group undertakings of £137,500 (2024: £nil).
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is GCC (Beechdale) Limited . GCC (Beechdale) Limited was incorporated in England & Wales. The ultimate controlling party is Mr Adrian Gilbert who controls 100% of the shares of Giacone Car Care Centre Limited .
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