Acorah Software Products - Accounts Production 15.0.500 false true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 12274042 Mr Rodney Jewell Mrs Louise Jewell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12274042 2022-10-31 12274042 2023-10-31 12274042 2022-11-01 2023-10-31 12274042 frs-core:CurrentFinancialInstruments 2023-10-31 12274042 frs-core:Non-currentFinancialInstruments 2023-10-31 12274042 frs-core:BetweenOneFiveYears 2023-10-31 12274042 frs-core:PlantMachinery 2023-10-31 12274042 frs-core:PlantMachinery 2022-11-01 2023-10-31 12274042 frs-core:PlantMachinery 2022-10-31 12274042 frs-core:WithinOneYear 2023-10-31 12274042 frs-core:ShareCapital 2023-10-31 12274042 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12274042 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12274042 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 12274042 frs-bus:SmallEntities 2022-11-01 2023-10-31 12274042 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12274042 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12274042 frs-bus:Director1 2022-11-01 2023-10-31 12274042 frs-bus:Director2 2022-11-01 2023-10-31 12274042 frs-countries:EnglandWales 2022-11-01 2023-10-31 12274042 2021-10-31 12274042 2022-10-31 12274042 2021-11-01 2022-10-31 12274042 frs-core:CurrentFinancialInstruments 2022-10-31 12274042 frs-core:Non-currentFinancialInstruments 2022-10-31 12274042 frs-core:BetweenOneFiveYears 2022-10-31 12274042 frs-core:WithinOneYear 2022-10-31 12274042 frs-core:ShareCapital 2022-10-31 12274042 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 12274042
R L Jewell Courier Services Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12274042
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 51,619 79,816
51,619 79,816
CURRENT ASSETS
Debtors 5 2,268 3,648
Cash at bank and in hand 1,016 -
3,284 3,648
Creditors: Amounts Falling Due Within One Year 6 (74,836 ) (70,898 )
NET CURRENT ASSETS (LIABILITIES) (71,552 ) (67,250 )
TOTAL ASSETS LESS CURRENT LIABILITIES (19,933 ) 12,566
Creditors: Amounts Falling Due After More Than One Year 7 (23,821 ) (57,357 )
NET LIABILITIES (43,754 ) (44,791 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (43,756 ) (44,793 )
SHAREHOLDERS' FUNDS (43,754) (44,791)
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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 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
Mrs Louise Jewell
Director
31 July 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
R L Jewell Courier Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12274042 . The registered office is 138 High Street, Crediton, Devon, EX17 3DX. The principal place of business is 6 Fernworthy Close, Copplestone, EX17 5LZ.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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 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.
2.4. 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 15% Reducing balance.
2.5. 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.
2.6. Financial Instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at the market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
2.7. 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.
2.8. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
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2.9. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 November 2022 108,250
Disposals (30,695 )
As at 31 October 2023 77,555
Depreciation
As at 1 November 2022 28,434
Provided during the period 9,109
Disposals (11,607 )
As at 31 October 2023 25,936
Net Book Value
As at 31 October 2023 51,619
As at 1 November 2022 79,816
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,268 3,648
2,268 3,648
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 15,535 15,535
Trade creditors 2,118 1,710
Bank loans and overdrafts - 19
Other taxes and social security 6,347 8,554
VAT 3,966 3,633
Other creditors 38,032 34,431
Accruals and deferred income 820 1,335
Directors' loan accounts 8,018 5,681
74,836 70,898
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7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 23,821 57,357
23,821 57,357
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 15,535 15,535
Later than one year and not later than five years 23,821 57,357
39,356 72,892
39,356 72,892
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
At the year end, 31st October 2023, the company owed the directors £8,018 ( 2022: £5,681) in respect of loans held with the company. These amounts are interest free and repayable on demand.
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