Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 08631723 Miss Helen Burr Mrs Holly Mckeon Mr Jordon Southern Mr James Winter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08631723 2022-07-31 08631723 2023-07-31 08631723 2022-08-01 2023-07-31 08631723 frs-core:CurrentFinancialInstruments 2023-07-31 08631723 frs-core:Non-currentFinancialInstruments 2023-07-31 08631723 frs-core:ComputerEquipment 2023-07-31 08631723 frs-core:ComputerEquipment 2022-08-01 2023-07-31 08631723 frs-core:ComputerEquipment 2022-07-31 08631723 frs-core:FurnitureFittings 2023-07-31 08631723 frs-core:FurnitureFittings 2022-08-01 2023-07-31 08631723 frs-core:FurnitureFittings 2022-07-31 08631723 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-31 08631723 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-08-01 2023-07-31 08631723 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-07-31 08631723 frs-core:MotorVehicles 2023-07-31 08631723 frs-core:MotorVehicles 2022-08-01 2023-07-31 08631723 frs-core:MotorVehicles 2022-07-31 08631723 frs-core:PlantMachinery 2023-07-31 08631723 frs-core:PlantMachinery 2022-08-01 2023-07-31 08631723 frs-core:PlantMachinery 2022-07-31 08631723 frs-core:ShareCapital 2023-07-31 08631723 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 08631723 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 08631723 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 08631723 frs-bus:SmallEntities 2022-08-01 2023-07-31 08631723 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 08631723 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 08631723 frs-bus:Director1 2022-08-01 2023-07-31 08631723 frs-bus:Director1 2022-07-31 08631723 frs-bus:Director1 2023-07-31 08631723 frs-bus:Director2 2022-08-01 2023-07-31 08631723 frs-bus:Director3 2022-08-01 2023-07-31 08631723 frs-bus:Director4 2022-08-01 2023-07-31 08631723 frs-countries:EnglandWales 2022-08-01 2023-07-31 08631723 2021-07-31 08631723 2022-07-31 08631723 2021-08-01 2022-07-31 08631723 frs-core:CurrentFinancialInstruments 2022-07-31 08631723 frs-core:Non-currentFinancialInstruments 2022-07-31 08631723 frs-core:ShareCapital 2022-07-31 08631723 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 08631723
J D Winter Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08631723
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 70,415 33,276
70,415 33,276
CURRENT ASSETS
Debtors 5 1,629,616 1,450,973
Cash at bank and in hand 693,059 447,089
2,322,675 1,898,062
Creditors: Amounts Falling Due Within One Year 6 (1,650,921 ) (1,383,764 )
NET CURRENT ASSETS (LIABILITIES) 671,754 514,298
TOTAL ASSETS LESS CURRENT LIABILITIES 742,169 547,574
Creditors: Amounts Falling Due After More Than One Year 7 (76,667 ) (116,667 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,604 ) -
NET ASSETS 647,898 430,907
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 647,698 430,707
SHAREHOLDERS' FUNDS 647,898 430,907
Page 1
Page 2
For the year ending 31 July 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
Mr James Winter
Director
18/02/2024
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
J D Winter Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08631723 . The registered office is Unit 17 Industrial Estate, Plawsworth Road, Sacriston, Durham, DH7 6JX.
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. 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:
Leasehold 4 years straight line basis per annum
Plant & Machinery 4 years straight line basis per annum
Motor Vehicles 5 years straight line basis per annum
Fixtures & Fittings 4 years straight line basis per annum
Computer Equipment 3 years straight line basis per annum
2.4. 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 40 (2022: 38)
40 38
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 August 2022 - 4,356 72,556 950
Additions 5,014 - 52,189 -
As at 31 July 2023 5,014 4,356 124,745 950
Depreciation
As at 1 August 2022 - 2,487 43,157 572
Provided during the period 209 647 18,781 136
As at 31 July 2023 209 3,134 61,938 708
Net Book Value
As at 31 July 2023 4,805 1,222 62,807 242
As at 1 August 2022 - 1,869 29,399 378
Computer Equipment Total
£ £
Cost
As at 1 August 2022 11,088 88,950
Additions 711 57,914
As at 31 July 2023 11,799 146,864
Depreciation
As at 1 August 2022 9,458 55,674
Provided during the period 1,002 20,775
As at 31 July 2023 10,460 76,449
Net Book Value
As at 31 July 2023 1,339 70,415
As at 1 August 2022 1,630 33,276
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,522,189 1,359,385
Prepayments and accrued income 1,324 -
Other debtors 96,673 91,588
Directors' loan accounts 9,430 -
1,629,616 1,450,973
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,316,820 1,099,003
Bank loans and overdrafts 40,000 40,000
Corporation tax 81,059 104,998
Other taxes and social security 86,620 37,321
Net wages 95,925 77,394
Other creditors 30,497 23,728
Directors' loan accounts - 1,320
1,650,921 1,383,764
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 76,667 116,667
76,667 116,667
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 200 200
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2022 Amounts advanced Amounts repaid Amounts written off As at 31 July 2023
£ £ £ £ £
Mr James Winter 9,430 - - - 9,430
The above loan is unsecured, interest free and repayable on demand.  The loan was repaid after the year end.
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