Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09864895 Mrs Andrea Hayter Mr Spencer Hayter Mr Spencer Hayter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09864895 2022-11-30 09864895 2023-11-30 09864895 2022-12-01 2023-11-30 09864895 frs-core:CurrentFinancialInstruments 2023-11-30 09864895 frs-core:Non-currentFinancialInstruments 2023-11-30 09864895 frs-core:FurnitureFittings 2023-11-30 09864895 frs-core:FurnitureFittings 2022-12-01 2023-11-30 09864895 frs-core:FurnitureFittings 2022-11-30 09864895 frs-core:PlantMachinery 2022-12-01 2023-11-30 09864895 frs-core:OtherReservesSubtotal 2023-11-30 09864895 frs-core:ShareCapital 2023-11-30 09864895 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09864895 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09864895 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09864895 frs-bus:SmallEntities 2022-12-01 2023-11-30 09864895 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09864895 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09864895 frs-bus:Director1 2022-12-01 2023-11-30 09864895 frs-bus:Director2 2022-12-01 2023-11-30 09864895 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 09864895 frs-countries:EnglandWales 2022-12-01 2023-11-30 09864895 2021-11-30 09864895 2022-11-30 09864895 2021-12-01 2022-11-30 09864895 frs-core:CurrentFinancialInstruments 2022-11-30 09864895 frs-core:Non-currentFinancialInstruments 2022-11-30 09864895 frs-core:OtherReservesSubtotal 2022-11-30 09864895 frs-core:ShareCapital 2022-11-30 09864895 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09864895
Spencer James & Family Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Computerised Bookkeeping Services
1 Horsell Court
Stepgates
Chertsey
Surrey
KT16 8HY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09864895
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 777 947
777 947
CURRENT ASSETS
Stocks 5 48,500 159,000
Debtors 6 100,000 -
Cash at bank and in hand 15,896 21,487
164,396 180,487
Creditors: Amounts Falling Due Within One Year 7 (18,317 ) (10,650 )
NET CURRENT ASSETS (LIABILITIES) 146,079 169,837
TOTAL ASSETS LESS CURRENT LIABILITIES 146,856 170,784
Creditors: Amounts Falling Due After More Than One Year 8 (30,000 ) (40,000 )
NET ASSETS 116,856 130,784
CAPITAL AND RESERVES
Called up share capital 9 100 100
Other reserves 128,133 111,976
Profit and Loss Account (11,377 ) 18,708
SHAREHOLDERS' FUNDS 116,856 130,784
Page 1
Page 2
For the year ending 30 November 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 Andrea Hayter
Director
Mr Spencer Hayter
Director
20/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Spencer James & Family Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09864895 . The registered office is 1 Horsell Court, Stepgates, Chertsey, Surrey, KT16 8HY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 18%
Fixtures & Fittings 18%
2.4. 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 year was: 2 (2022: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 December 2022 3,129
As at 30 November 2023 3,129
Depreciation
As at 1 December 2022 2,182
Provided during the period 170
As at 30 November 2023 2,352
Net Book Value
As at 30 November 2023 777
As at 1 December 2022 947
5. Stocks
2023 2022
£ £
Stock 48,500 159,000
Page 3
Page 4
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 100,000 -
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 10,000 10,000
VAT 8,317 650
18,317 10,650
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 30,000 -
Cumulative preference share dividends unpaid - 40,000
30,000 40,000
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
10. Dividends
Page 4