Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 11817347 Mr Jonathan Mitchell Mr Jonathan Mitchell Mr Donald Mitchell Mrs Claire Brown Mrs Claire Brown Mrs Olive Mitchell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11817347 2023-02-28 11817347 2024-02-29 11817347 2023-03-01 2024-02-29 11817347 frs-core:CurrentFinancialInstruments 2024-02-29 11817347 frs-core:Non-currentFinancialInstruments 2024-02-29 11817347 frs-core:ComputerEquipment 2024-02-29 11817347 frs-core:ComputerEquipment 2023-03-01 2024-02-29 11817347 frs-core:ComputerEquipment 2023-02-28 11817347 frs-core:PlantMachinery 2024-02-29 11817347 frs-core:PlantMachinery 2023-03-01 2024-02-29 11817347 frs-core:PlantMachinery 2023-02-28 11817347 frs-core:ShareCapital 2024-02-29 11817347 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 11817347 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11817347 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 11817347 frs-bus:SmallEntities 2023-03-01 2024-02-29 11817347 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11817347 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 11817347 frs-bus:Director1 2023-03-01 2024-02-29 11817347 frs-bus:Director2 2023-03-01 2024-02-29 11817347 frs-bus:Director3 2023-03-01 2024-02-29 11817347 frs-bus:Director4 2023-03-01 2024-02-29 11817347 frs-bus:Director5 2023-03-01 2024-02-29 11817347 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 11817347 frs-countries:EnglandWales 2023-03-01 2024-02-29 11817347 2022-02-28 11817347 2023-02-28 11817347 2022-03-01 2023-02-28 11817347 frs-core:CurrentFinancialInstruments 2023-02-28 11817347 frs-core:Non-currentFinancialInstruments 2023-02-28 11817347 frs-core:ShareCapital 2023-02-28 11817347 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 11817347 frs-core:CurrentFinancialInstruments 1 2023-02-28 11817347 frs-core:Non-currentFinancialInstruments 1 2023-02-28
Registered number: 11817347
Jm Horticulture Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11817347
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,706 1,499
1,706 1,499
CURRENT ASSETS
Debtors 5 4,616 5,568
Cash at bank and in hand 4,596 629
9,212 6,197
Creditors: Amounts Falling Due Within One Year 6 (22,214 ) (20,917 )
NET CURRENT ASSETS (LIABILITIES) (13,002 ) (14,720 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,296 ) (13,221 )
Creditors: Amounts Falling Due After More Than One Year 7 (2,898 ) (5,102 )
NET LIABILITIES (14,194 ) (18,323 )
CAPITAL AND RESERVES
Called up share capital 8 100 15
Profit and Loss Account (14,294 ) (18,338 )
SHAREHOLDERS' FUNDS (14,194) (18,323)
Page 1
Page 2
For the year ending 29 February 2024 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 Jonathan Mitchell
Director
04/09/2024
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
Jm Horticulture Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11817347 . The registered office is 71a Kings Road, New Haw, Addlestone, KT15 3BQ.
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.
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:
Plant & Machinery 25% on reducing balance
Computer Equipment 25% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 3,503 507 4,010
Additions 775 - 775
As at 29 February 2024 4,278 507 4,785
Depreciation
As at 1 March 2023 2,165 346 2,511
Provided during the period 528 40 568
As at 29 February 2024 2,693 386 3,079
Net Book Value
As at 29 February 2024 1,585 121 1,706
As at 1 March 2023 1,338 161 1,499
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,616 5,568
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) 36
Bank loans and overdrafts 4,893 2,348
Other loans 5,200 4,760
Other taxes and social security 815 679
VAT 3,714 2,853
Net wages 560 -
Other creditors 199 -
Other creditors (1) - 6,293
Accruals and deferred income 1,495 850
Directors' loan accounts 5,339 3,098
22,214 20,917
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,898 5,017
Other creditors (1) - 85
2,898 5,102
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 15
Page 4