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 09883391 Mr Neil John Carroll Mrs Cloreine Margaret Carroll Neil John Carroll and Cloreine Margrett Carroll true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09883391 2022-11-30 09883391 2023-11-30 09883391 2022-12-01 2023-11-30 09883391 frs-core:CurrentFinancialInstruments 2023-11-30 09883391 frs-core:FurnitureFittings 2023-11-30 09883391 frs-core:FurnitureFittings 2022-12-01 2023-11-30 09883391 frs-core:FurnitureFittings 2022-11-30 09883391 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-30 09883391 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 09883391 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-11-30 09883391 frs-core:PlantMachinery 2023-11-30 09883391 frs-core:PlantMachinery 2022-12-01 2023-11-30 09883391 frs-core:PlantMachinery 2022-11-30 09883391 frs-core:ShareCapital 2023-11-30 09883391 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09883391 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09883391 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09883391 frs-bus:SmallEntities 2022-12-01 2023-11-30 09883391 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09883391 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09883391 frs-bus:OrdinaryShareClass1 2022-12-01 2023-11-30 09883391 frs-bus:OrdinaryShareClass1 2023-11-30 09883391 1 2022-12-01 2023-11-30 09883391 frs-bus:Director1 2022-12-01 2023-11-30 09883391 frs-bus:Director1 2022-11-30 09883391 frs-bus:Director1 2023-11-30 09883391 frs-bus:Director2 2022-12-01 2023-11-30 09883391 frs-bus:Director2 2022-11-30 09883391 frs-bus:Director2 2023-11-30 09883391 frs-countries:EnglandWales 2022-12-01 2023-11-30 09883391 2021-11-30 09883391 2022-11-30 09883391 2021-12-01 2022-11-30 09883391 frs-core:CurrentFinancialInstruments 2022-11-30 09883391 frs-core:ShareCapital 2022-11-30 09883391 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 09883391 frs-bus:OrdinaryShareClass1 2021-12-01 2022-11-30
Registered number: 09883391
NJC Enterprises Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09883391
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 72,415 15,635
72,415 15,635
CURRENT ASSETS
Stocks 5 9,000 6,481
Debtors 6 33,026 23,253
Cash at bank and in hand 8,254 4,516
50,280 34,250
Creditors: Amounts Falling Due Within One Year 7 (77,267 ) (68,864 )
NET CURRENT ASSETS (LIABILITIES) (26,987 ) (34,614 )
TOTAL ASSETS LESS CURRENT LIABILITIES 45,428 (18,979 )
NET ASSETS/(LIABILITIES) 45,428 (18,979 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 45,328 (19,079 )
SHAREHOLDERS' FUNDS 45,428 (18,979)
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
Mr Neil John Carroll
Director
28 August 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
NJC Enterprises Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09883391 . The registered office is 145/147 Hatfield Road, St.Albans, Hertfordshire, AL1 4JY.
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:
Leasehold Improvements 10% Straight Line Method
Plant & Machinery 25% Straight Line Method
Fixtures & Fittings 25% Straight Line Method
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:
2023 2022
Office and administration 5 5
5 5
4. Tangible Assets
Land & Property
Leasehold Improvements Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 December 2022 - 13,243 8,219 21,462
Additions 38,513 11,625 15,400 65,538
As at 30 November 2023 38,513 24,868 23,619 87,000
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 December 2022 - 3,526 2,301 5,827
Provided during the period 1,095 4,325 3,338 8,758
As at 30 November 2023 1,095 7,851 5,639 14,585
Net Book Value
As at 30 November 2023 37,418 17,017 17,980 72,415
As at 1 December 2022 - 9,717 5,918 15,635
5. Stocks
2023 2022
£ £
Stock 9,000 6,481
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 1,015 2,152
Rent Deposit 7,250 -
Amounts owed by group undertakings 24,761 21,101
33,026 23,253
Included in Amounts owed by group undertakings is a balance of £24,761 (2022: £21,101) which is owed by NJC Retail Ltd (Company No.07388874) of which Mr Neil John Carroll is a Director.
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 657 2,571
Other taxes and social security 489 47
VAT 11,576 4,373
Net wages - 106
Directors' loan accounts 64,545 61,767
77,267 68,864
8. Share Capital
2023 2022
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
Page 4
Page 5
9. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 December 2022 Amounts advanced Amounts repaid Amounts written off As at 30 November 2023
£ £ £ £ £
Mr Neil John Carroll (30,883 ) 17,751 (19,140 ) - (32,272 )
Mrs Cloreine Margaret Carroll (30,884 ) 17,752 (19,141 ) - (32,273 )
The above loan is unsecured, interest free and repayable on demand.
10. Ultimate Controlling Party
The company's ultimate controlling parties are Neil John Carroll and Cloreine Margrett Carroll by virtue of their ownership of 100% of the issued share capital in the company.
Page 5