Acorah Software Products - Accounts Production 15.0.500 false true false 9 November 2022 31 March 2024 31 March 2024 14473540 J Hadley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14473540 2022-11-08 14473540 2024-03-31 14473540 2022-11-09 2024-03-31 14473540 frs-core:CurrentFinancialInstruments 2024-03-31 14473540 frs-core:Non-currentFinancialInstruments 2024-03-31 14473540 frs-core:BetweenOneFiveYears 2024-03-31 14473540 frs-core:NetGoodwill 2024-03-31 14473540 frs-core:NetGoodwill 2022-11-09 2024-03-31 14473540 frs-core:NetGoodwill 2022-11-08 14473540 frs-core:MotorVehicles 2024-03-31 14473540 frs-core:MotorVehicles 2022-11-09 2024-03-31 14473540 frs-core:MotorVehicles 2022-11-08 14473540 frs-core:PlantMachinery 2024-03-31 14473540 frs-core:PlantMachinery 2022-11-09 2024-03-31 14473540 frs-core:PlantMachinery 2022-11-08 14473540 frs-core:WithinOneYear 2024-03-31 14473540 frs-core:ShareCapital 2024-03-31 14473540 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14473540 frs-bus:PrivateLimitedCompanyLtd 2022-11-09 2024-03-31 14473540 frs-bus:FilletedAccounts 2022-11-09 2024-03-31 14473540 frs-bus:SmallEntities 2022-11-09 2024-03-31 14473540 frs-bus:AuditExempt-NoAccountantsReport 2022-11-09 2024-03-31 14473540 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-09 2024-03-31 14473540 frs-bus:Director1 2022-11-09 2024-03-31 14473540 frs-countries:EnglandWales 2022-11-09 2024-03-31
Registered number: 14473540
AJR (Keighley) Ltd
Unaudited Financial Statements
For the Period 9 November 2022 to 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14473540
31 March 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 30,900
Tangible Assets 5 18,571
49,471
CURRENT ASSETS
Stocks 6 150
Debtors 7 11,078
11,228
Creditors: Amounts Falling Due Within One Year 8 (20,060 )
NET CURRENT ASSETS (LIABILITIES) (8,832 )
TOTAL ASSETS LESS CURRENT LIABILITIES 40,639
Creditors: Amounts Falling Due After More Than One Year 9 (44,297 )
NET LIABILITIES (3,658 )
CAPITAL AND RESERVES
Called up share capital 11 1
Profit and Loss Account (3,659 )
SHAREHOLDERS' FUNDS (3,658)
Page 1
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For the period 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 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
J Hadley
Director
09/08/2024
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
AJR (Keighley) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14473540 . The registered office is 37 Hoyle Court Drive, Shipley, West Yorkshire, BD17 6ER.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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 25% reducing balance
Motor Vehicles 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. 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
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4. Intangible Assets
Goodwill
£
Cost
As at 9 November 2022 -
Additions 36,000
As at 31 March 2024 36,000
Amortisation
As at 9 November 2022 -
Provided during the period 5,100
As at 31 March 2024 5,100
Net Book Value
As at 31 March 2024 30,900
As at 9 November 2022 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 9 November 2022 - - -
Additions 542 22,649 23,191
As at 31 March 2024 542 22,649 23,191
Depreciation
As at 9 November 2022 - - -
Provided during the period 90 4,530 4,620
As at 31 March 2024 90 4,530 4,620
Net Book Value
As at 31 March 2024 452 18,119 18,571
As at 9 November 2022 - - -
6. Stocks
31 March 2024
£
Stock 150
7. Debtors
31 March 2024
£
Due within one year
Trade debtors 7,702
Other debtors 3,376
11,078
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8. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Net obligations under finance lease and hire purchase contracts 2,590
Trade creditors 570
Bank loans and overdrafts 10,000
Other creditors 1,440
Taxation and social security 5,460
20,060
9. Creditors: Amounts Falling Due After More Than One Year
31 March 2024
£
Net obligations under finance lease and hire purchase contracts 17,630
Bank loans 26,667
44,297
10. Obligations Under Finance Leases and Hire Purchase
31 March 2024
£
The future minimum finance lease payments are as follows:
Not later than one year 2,590
Later than one year and not later than five years 17,630
20,220
20,220
11. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 1
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