Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 31 May 2024 31 May 2024 7832008 Mrs Denise Reed Mr John Reed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7832008 2022-11-30 7832008 2024-05-31 7832008 2022-12-01 2024-05-31 7832008 frs-core:CurrentFinancialInstruments 2024-05-31 7832008 frs-core:Non-currentFinancialInstruments 2024-05-31 7832008 frs-core:MotorVehicles 2024-05-31 7832008 frs-core:MotorVehicles 2022-12-01 2024-05-31 7832008 frs-core:MotorVehicles 2022-11-30 7832008 frs-core:PlantMachinery 2024-05-31 7832008 frs-core:PlantMachinery 2022-12-01 2024-05-31 7832008 frs-core:PlantMachinery 2022-11-30 7832008 frs-core:ShareCapital 2024-05-31 7832008 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 7832008 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2024-05-31 7832008 frs-bus:FilletedAccounts 2022-12-01 2024-05-31 7832008 frs-bus:SmallEntities 2022-12-01 2024-05-31 7832008 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2024-05-31 7832008 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2024-05-31 7832008 frs-bus:Director1 2022-12-01 2024-05-31 7832008 frs-bus:Director2 2022-12-01 2024-05-31 7832008 frs-countries:EnglandWales 2022-12-01 2024-05-31 7832008 2021-11-30 7832008 2022-11-30 7832008 2021-12-01 2022-11-30 7832008 frs-core:CurrentFinancialInstruments 2022-11-30 7832008 frs-core:Non-currentFinancialInstruments 2022-11-30 7832008 frs-core:ShareCapital 2022-11-30 7832008 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 7832008
J R Property Maintenance Services Limited
Unaudited Financial Statements
For the Period 1 December 2022 to 31 May 2024
Graver & Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 7832008
31 May 2024 30 November 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,282 7,947
5,282 7,947
CURRENT ASSETS
Stocks 5 - 5,356
Debtors 6 11,839 17,426
Cash at bank and in hand - 8,931
11,839 31,713
Creditors: Amounts Falling Due Within One Year 7 (2,784 ) (5,880 )
NET CURRENT ASSETS (LIABILITIES) 9,055 25,833
TOTAL ASSETS LESS CURRENT LIABILITIES 14,337 33,780
Creditors: Amounts Falling Due After More Than One Year 8 (15,644 ) (16,490 )
NET (LIABILITIES)/ASSETS (1,307 ) 17,290
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account (1,317 ) 17,280
SHAREHOLDERS' FUNDS (1,307) 17,290
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For the period ending 31 May 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
Mrs Denise Reed
Director
Mr John Reed
Director
18th September 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
J R Property Maintenance Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 7832008 . The registered office is 2 Station Road, Brundall, Norfolk, NR13 5LA.
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 April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. All income is derived from activities within the UK.
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 25% reducing balance
Motor Vehicles 25% reducing balance
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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the period was:
31 May 2024 30 November 2022
Office and administration 2 2
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 December 2022 19,264 20,410 39,674
Additions 498 - 498
As at 31 May 2024 19,762 20,410 40,172
Depreciation
As at 1 December 2022 15,034 16,693 31,727
Provided during the period 1,770 1,393 3,163
As at 31 May 2024 16,804 18,086 34,890
Net Book Value
As at 31 May 2024 2,958 2,324 5,282
As at 1 December 2022 4,230 3,717 7,947
5. Stocks
31 May 2024 30 November 2022
£ £
Work in progress - 5,356
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6. Debtors
31 May 2024 30 November 2022
£ £
Due within one year
Trade debtors 10,000 15,310
Prepayments and accrued income 533 810
Other debtors 1,306 1,306
11,839 17,426
7. Creditors: Amounts Falling Due Within One Year
31 May 2024 30 November 2022
£ £
Trade creditors 2,437 2,655
Bank loans and overdrafts - 729
Corporation tax 347 2,496
2,784 5,880
8. Creditors: Amounts Falling Due After More Than One Year
31 May 2024 30 November 2022
£ £
Directors loan account 15,644 16,490
9. Share Capital
31 May 2024 30 November 2022
£ £
Allotted, Called up and fully paid 10 10
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
31 May 2024 30 November 2022
£ £
Mrs Denise Reed 1,000 21,000
Mr John Reed 16,002 22,410
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