Acorah Software Products - Accounts Production 14.5.601 false true false 19 August 2022 31 August 2023 31 August 2023 14306521 Miss Morgen Moss Mr Jake Smithurst iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14306521 2022-08-18 14306521 2023-08-31 14306521 2022-08-19 2023-08-31 14306521 frs-core:CurrentFinancialInstruments 2023-08-31 14306521 frs-core:Non-currentFinancialInstruments 2023-08-31 14306521 frs-core:BetweenOneFiveYears 2023-08-31 14306521 frs-core:ComputerEquipment 2023-08-31 14306521 frs-core:ComputerEquipment 2022-08-19 2023-08-31 14306521 frs-core:ComputerEquipment 2022-08-18 14306521 frs-core:MotorVehicles 2023-08-31 14306521 frs-core:MotorVehicles 2022-08-19 2023-08-31 14306521 frs-core:MotorVehicles 2022-08-18 14306521 frs-core:PlantMachinery 2023-08-31 14306521 frs-core:PlantMachinery 2022-08-19 2023-08-31 14306521 frs-core:PlantMachinery 2022-08-18 14306521 frs-core:WithinOneYear 2023-08-31 14306521 frs-core:ShareCapital 2023-08-31 14306521 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 14306521 frs-bus:PrivateLimitedCompanyLtd 2022-08-19 2023-08-31 14306521 frs-bus:FilletedAccounts 2022-08-19 2023-08-31 14306521 frs-bus:SmallEntities 2022-08-19 2023-08-31 14306521 frs-bus:AuditExempt-NoAccountantsReport 2022-08-19 2023-08-31 14306521 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-19 2023-08-31 14306521 frs-bus:Director1 2022-08-19 2023-08-31 14306521 frs-bus:Director2 2022-08-19 2023-08-31 14306521 frs-countries:EnglandWales 2022-08-19 2023-08-31
Registered number: 14306521
J&M Building Services Ltd
Unaudited Financial Statements
For the Period 19 August 2022 to 31 August 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14306521
31 August 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 12,443
12,443
CURRENT ASSETS
Debtors 5 4,794
Cash at bank and in hand 12,551
17,345
Creditors: Amounts Falling Due Within One Year 6 (26,600 )
NET CURRENT ASSETS (LIABILITIES) (9,255 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,188
Creditors: Amounts Falling Due After More Than One Year 7 (561 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,000 )
NET ASSETS 627
CAPITAL AND RESERVES
Called up share capital 2
Profit and Loss Account 625
SHAREHOLDERS' FUNDS 627
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For the period ending 31 August 2023 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
Miss Morgen Moss
Director
Mr Jake Smithurst
Director
16 April 2024
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
J&M Building Services Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 14306521 . The registered office is Worting House Worting House, Church Lane, Basingstoke, England, RG23 8PY.
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 recognised based on the stage of completion. The stage of completion is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can 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 and machinery 20% Reducing Balance
Motor vehicles 20% Reducing Balance
Computer equipment 20% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. 
Assets acquired under hire purchase contracts are depreciated over their useful lives.
Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. 
Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
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2.6. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets
Plant and machinery Motor vehicles Computer equipment Total
£ £ £ £
Cost
As at 19 August 2022 - - - -
Additions 5,223 5,775 3,105 14,103
As at 31 August 2023 5,223 5,775 3,105 14,103
Depreciation
As at 19 August 2022 - - - -
Provided during the period 484 813 363 1,660
As at 31 August 2023 484 813 363 1,660
Net Book Value
As at 31 August 2023 4,739 4,962 2,742 12,443
As at 19 August 2022 - - - -
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5. Debtors
31 August 2023
£
Due within one year
Other debtors 4,794
4,794
6. Creditors: Amounts Falling Due Within One Year
31 August 2023
£
Net obligations under finance lease and hire purchase contracts 282
Trade creditors 14,590
Other creditors 3,884
Taxation and social security 7,844
26,600
7. Creditors: Amounts Falling Due After More Than One Year
31 August 2023
£
Net obligations under finance lease and hire purchase contracts 561
561
8. Obligations Under Finance Leases and Hire Purchase
31 August 2023
£
The future minimum finance lease payments are as follows:
Not later than one year 282
Later than one year and not later than five years 561
843
843
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