Acorah Software Products - Accounts Production 15.0.400 false true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 12240641 Mr J C Malpass iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12240641 2022-10-31 12240641 2023-10-31 12240641 2022-11-01 2023-10-31 12240641 frs-core:CurrentFinancialInstruments 2023-10-31 12240641 frs-core:Non-currentFinancialInstruments 2023-10-31 12240641 frs-core:PlantMachinery 2023-10-31 12240641 frs-core:PlantMachinery 2022-11-01 2023-10-31 12240641 frs-core:PlantMachinery 2022-10-31 12240641 frs-core:ShareCapital 2023-10-31 12240641 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12240641 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12240641 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 12240641 frs-bus:SmallEntities 2022-11-01 2023-10-31 12240641 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12240641 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12240641 frs-bus:Director1 2022-11-01 2023-10-31 12240641 frs-countries:EnglandWales 2022-11-01 2023-10-31 12240641 2021-10-31 12240641 2022-10-31 12240641 2021-11-01 2022-10-31 12240641 frs-core:CurrentFinancialInstruments 2022-10-31 12240641 frs-core:Non-currentFinancialInstruments 2022-10-31 12240641 frs-core:ShareCapital 2022-10-31 12240641 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 12240641
KJR Enterprises Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
McPhersons Walpole Harding
ACCA
Citibase Brighton
95 Ditchling Road
Brighton
BN1 4ST
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12240641
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 18,589 34,497
18,589 34,497
CURRENT ASSETS
Stocks 4 17,242 15,403
Debtors 5 37,103 78,681
Cash at bank and in hand 83,594 18,208
137,939 112,292
Creditors: Amounts Falling Due Within One Year 6 (189,821 ) (194,479 )
NET CURRENT ASSETS (LIABILITIES) (51,882 ) (82,187 )
TOTAL ASSETS LESS CURRENT LIABILITIES (33,293 ) (47,690 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,532 ) (6,555 )
NET LIABILITIES (36,825 ) (54,245 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (36,925 ) (54,345 )
SHAREHOLDERS' FUNDS (36,825) (54,245)
Page 1
Page 2
For the year ending 31 October 2023 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 J C Malpass
Director
26 July 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The presnetation currency is £GBP.
1.2. Going Concern Disclosure
The company has traded profitably during the year and expects to be able to continue to do so for the forseeable future. As such, the directors consider that the going concerrn basis is appropriate and the accounts are presented on the going concern basis.
1.3. 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 food and drink.
Sale of food and drink
Turnover from the sale of food and drink is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer, usually at point of sale. Any deposits held are recognised when they become non-refundable to the customer. 
Kitchen and labour income are recognised when the company has a right to the income. 
1.4. 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:
Plant & Machinery 20%, 25% & 33.33% on the straight line basis
1.5. 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.
1.6. Financial Instruments
Financial instruments are recognised in the company’s statement of financial position when the company become party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to do so and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs.
Financial assets classified as receivable within one year are not amortised.
...CONTINUED
Page 3
Page 4
1.6. Financial Instruments - continued
Where financial assets are classified as receivable in more than one year, they are subsequently carried at amortised cost using the effective interest rate method unless the arrangement constitutes a financing transaction, where the transaction is measured as the present value of the future receipts discounted at a market rate of interest.

Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings within current liabilities.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including trade, other payables and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest method.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7. 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.
Page 4
Page 5
1.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
1.9. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 15 (2022: 16)
15 16
3. Tangible Assets
Plant & Machinery
£
Cost
As at 1 November 2022 66,558
As at 31 October 2023 66,558
Depreciation
As at 1 November 2022 32,061
Provided during the period 15,908
As at 31 October 2023 47,969
Net Book Value
As at 31 October 2023 18,589
As at 1 November 2022 34,497
4. Stocks
2023 2022
£ £
Stock 17,242 15,403
Page 5
Page 6
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 10,200 18,325
Other debtors 11,153 44,606
21,353 62,931
Due after more than one year
Other debtors 15,750 15,750
15,750 15,750
37,103 78,681
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 66,214 121,472
Bank loans and overdrafts 230 40
Other loans 30,839 -
Other creditors 59,724 29,057
Taxation and social security 32,814 43,910
189,821 194,479
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
8. General Information
KJR Enterprises Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12240641 . The registered office is 87 High Street, Shoreham By Sea, East Sussex, BN43 5DE.
Page 6