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 12330909 Dr Daniel Eugene MCDONALD-JUNOR Mrs Mhairi Kirsty MCDONALD-JUNOR iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12330909 2022-11-30 12330909 2023-11-30 12330909 2022-12-01 2023-11-30 12330909 frs-core:CurrentFinancialInstruments 2023-11-30 12330909 frs-core:Non-currentFinancialInstruments 2023-11-30 12330909 frs-core:ShareCapital 2023-11-30 12330909 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 12330909 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12330909 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 12330909 frs-bus:SmallEntities 2022-12-01 2023-11-30 12330909 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12330909 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 12330909 frs-bus:Director1 2022-12-01 2023-11-30 12330909 frs-bus:Director2 2022-12-01 2023-11-30 12330909 frs-countries:EnglandWales 2022-12-01 2023-11-30 12330909 2021-11-30 12330909 2022-11-30 12330909 2021-12-01 2022-11-30 12330909 frs-core:CurrentFinancialInstruments 2022-11-30 12330909 frs-core:Non-currentFinancialInstruments 2022-11-30 12330909 frs-core:ShareCapital 2022-11-30 12330909 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 12330909
MCDONALD JUNOR PROPERTIES LTD
Unaudited Financial Statements
For The Year Ended 30 November 2023
More Than Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12330909
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 206,237 206,237
206,237 206,237
CURRENT ASSETS
Cash at bank and in hand 31,773 30,992
31,773 30,992
Creditors: Amounts Falling Due Within One Year 5 (106,729 ) (103,744 )
NET CURRENT ASSETS (LIABILITIES) (74,956 ) (72,752 )
TOTAL ASSETS LESS CURRENT LIABILITIES 131,281 133,485
Creditors: Amounts Falling Due After More Than One Year 6 (129,491 ) (136,315 )
NET ASSETS/(LIABILITIES) 1,790 (2,830 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 1,690 (2,930 )
SHAREHOLDERS' FUNDS 1,790 (2,830)
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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.
The financial statements were approved by the board of directors on 21 August 2024 and were signed on its behalf by:
Dr Daniel Eugene MCDONALD-JUNOR
Director
21/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
MCDONALD JUNOR PROPERTIES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12330909 . The registered office is 81 Derby Road, Ambergate, Belper, DE56 2GD.
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:
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Investment Property
2023
£
Fair Value
As at 1 December 2022 and 30 November 2023 206,237
The directors of the company believe that the fair value of the investment properties is consistent with market rates, and there have been no material changes in the fair value of these properties during the reporting period. Consequently, no changes have been recognised in the financial statements for the period ended 30 November 2022 related to the revaluation of investment properties.
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 6,683 4,010
Directors' loan accounts 100,046 99,734
106,729 103,744
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6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 129,491 136,315
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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