Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08149958 Mrs Samantha Elsworth Mr Adrian Elsworth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08149958 2023-03-31 08149958 2024-03-31 08149958 2023-04-01 2024-03-31 08149958 frs-core:CurrentFinancialInstruments 2024-03-31 08149958 frs-core:Non-currentFinancialInstruments 2024-03-31 08149958 frs-core:BetweenOneFiveYears 2024-03-31 08149958 frs-core:ComputerEquipment 2024-03-31 08149958 frs-core:ComputerEquipment 2023-04-01 2024-03-31 08149958 frs-core:ComputerEquipment 2023-03-31 08149958 frs-core:MotorVehicles 2024-03-31 08149958 frs-core:MotorVehicles 2023-04-01 2024-03-31 08149958 frs-core:MotorVehicles 2023-03-31 08149958 frs-core:PlantMachinery 2024-03-31 08149958 frs-core:PlantMachinery 2023-04-01 2024-03-31 08149958 frs-core:PlantMachinery 2023-03-31 08149958 frs-core:WithinOneYear 2024-03-31 08149958 frs-core:ShareCapital 2024-03-31 08149958 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08149958 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08149958 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08149958 frs-bus:SmallEntities 2023-04-01 2024-03-31 08149958 frs-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08149958 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08149958 frs-bus:Director1 2023-04-01 2024-03-31 08149958 frs-bus:Director2 2023-04-01 2024-03-31 08149958 1 2023-04-01 2024-03-31 08149958 frs-countries:EnglandWales 2023-04-01 2024-03-31 08149958 2022-03-31 08149958 2023-03-31 08149958 2022-04-01 2023-03-31 08149958 frs-core:CurrentFinancialInstruments 2023-03-31 08149958 frs-core:Non-currentFinancialInstruments 2023-03-31 08149958 frs-core:BetweenOneFiveYears 2023-03-31 08149958 frs-core:WithinOneYear 2023-03-31 08149958 frs-core:ShareCapital 2023-03-31 08149958 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 08149958 1 2022-04-01 2023-03-31
Registered number: 08149958
J T A Groundworks Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of J T A Groundworks Limited For The Year Ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of J T A Groundworks Limited For The Year Ended 31 March 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of J T A Groundworks Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of J T A Groundworks Limited and state those matters that we have agreed to state to the directors of J T A Groundworks Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J T A Groundworks Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that J T A Groundworks Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of J T A Groundworks Limited . You consider that J T A Groundworks Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of J T A Groundworks Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
12 July 2024
The Alanbrookes Group Ltd t/a J S Weeks & Co
Chartered Accountants
10 Market Place
Devizes, Wiltshire
SN10 1HT
Page 1
Page 2
Balance Sheet
Registered number: 08149958
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,058 19,487
15,058 19,487
CURRENT ASSETS
Debtors 5 7,413 5,774
Cash at bank and in hand 20,915 25,964
28,328 31,738
Creditors: Amounts Falling Due Within One Year 6 (28,335 ) (24,669 )
NET CURRENT ASSETS (LIABILITIES) (7 ) 7,069
TOTAL ASSETS LESS CURRENT LIABILITIES 15,051 26,556
Creditors: Amounts Falling Due After More Than One Year 7 (8,633 ) (11,511 )
NET ASSETS 6,418 15,045
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 6,318 14,945
SHAREHOLDERS' FUNDS 6,418 15,045
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For the year ending 31 March 2024 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 Elsworth
Director
12 July 2024
The notes on pages 4 to 7 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
J T A Groundworks Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08149958 . The registered office is 83 White Horse Way, Devizes, Wiltshire, SN10 2JR.
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:
Plant & Equipment 25%
Motor Vehicles 25%
Office Equipment 25%
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over 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.
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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 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:
2024 2023
Employees including directors 2 2
2 2
4. Tangible Assets
Plant & Equipment Motor Vehicles Office Equipment Total
£ £ £ £
Cost
As at 1 April 2023 2,571 24,650 1,509 28,730
Additions - - 592 592
As at 31 March 2024 2,571 24,650 2,101 29,322
Depreciation
As at 1 April 2023 2,360 6,163 720 9,243
Provided during the period 53 4,622 346 5,021
As at 31 March 2024 2,413 10,785 1,066 14,264
...CONTINUED
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Net Book Value
As at 31 March 2024 158 13,865 1,035 15,058
As at 1 April 2023 211 18,487 789 19,487
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,948 -
Other debtors 465 5,774
7,413 5,774
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,877 2,877
Trade creditors 975 1,005
Other creditors 13,072 13,293
Taxation and social security 11,411 7,494
28,335 24,669
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 8,633 11,511
8,633 11,511
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,877 2,877
Later than one year and not later than five years 8,633 11,511
11,510 14,388
11,510 14,388
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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