Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2022 1 September 2021 false 1 September 2022 31 December 2023 31 December 2023 NI060528 Mr John Stewart Mr Steven Stewart Mr John Stewart iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI060528 2022-08-31 NI060528 2023-12-31 NI060528 2022-09-01 2023-12-31 NI060528 frs-core:CurrentFinancialInstruments 2023-12-31 NI060528 frs-core:MotorVehicles 2023-12-31 NI060528 frs-core:MotorVehicles 2022-09-01 2023-12-31 NI060528 frs-core:MotorVehicles 2022-08-31 NI060528 frs-core:PlantMachinery 2023-12-31 NI060528 frs-core:PlantMachinery 2022-09-01 2023-12-31 NI060528 frs-core:PlantMachinery 2022-08-31 NI060528 frs-core:ShareCapital 2023-12-31 NI060528 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI060528 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-12-31 NI060528 frs-bus:FilletedAccounts 2022-09-01 2023-12-31 NI060528 frs-bus:SmallEntities 2022-09-01 2023-12-31 NI060528 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-12-31 NI060528 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-12-31 NI060528 frs-bus:Director1 2022-09-01 2023-12-31 NI060528 frs-bus:Director2 2022-09-01 2023-12-31 NI060528 frs-bus:Director3 2022-09-01 2023-12-31 NI060528 frs-core:CurrentFinancialInstruments 1 2023-12-31 NI060528 frs-countries:NorthernIreland 2022-09-01 2023-12-31 NI060528 2021-08-31 NI060528 2022-08-31 NI060528 2021-09-01 2022-08-31 NI060528 frs-core:CurrentFinancialInstruments 2022-08-31 NI060528 frs-core:WithinOneYear 2022-08-31 NI060528 frs-core:ShareCapital 2022-08-31 NI060528 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31 NI060528 frs-core:CurrentFinancialInstruments 1 2022-08-31
Registered number: NI060528
LJH Limited
Unaudited Financial Statements
For the Period 1 September 2022 to 31 December 2023
RWCA LTD
158 Upper Newtownards Road
Belfast
Co Antrim
BT4 3EQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI060528
31 December 2023 31 August 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,832 12,498
5,832 12,498
CURRENT ASSETS
Stocks 5 644,279 361,356
Debtors 6 2,091,743 1,129,613
Cash at bank and in hand 107,694 875,246
2,843,716 2,366,215
Creditors: Amounts Falling Due Within One Year 7 (1,314,000 ) (757,517 )
NET CURRENT ASSETS (LIABILITIES) 1,529,716 1,608,698
TOTAL ASSETS LESS CURRENT LIABILITIES 1,535,548 1,621,196
NET ASSETS 1,535,548 1,621,196
CAPITAL AND RESERVES
Called up share capital 9 4 3
Profit and Loss Account 1,535,544 1,621,193
SHAREHOLDERS' FUNDS 1,535,548 1,621,196
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For the period ending 31 December 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 John Stewart
Director
04/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
LJH Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI060528 . The registered office is 158 Upper Newtownards Road, Belfast, BT4 3EQ.
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:
Plant & Machinery 20% straight line
Motor Vehicles 25% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable.
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 years 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.
Current tax for the year is recognised in profit or loss.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4 (2022: 2)
4 2
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 September 2022 18,750 33,550 52,300
As at 31 December 2023 18,750 33,550 52,300
Depreciation
As at 1 September 2022 11,250 28,552 39,802
Provided during the period 5,000 1,666 6,666
As at 31 December 2023 16,250 30,218 46,468
Net Book Value
As at 31 December 2023 2,500 3,332 5,832
As at 1 September 2022 7,500 4,998 12,498
5. Stocks
31 December 2023 31 August 2022
£ £
Stock 644,279 361,356
6. Debtors
31 December 2023 31 August 2022
£ £
Due within one year
Other debtors 1,120,126 1,070,126
Other debtors (1) 920,518 -
VAT 10,690 1,053
Directors' loan accounts 40,409 58,434
2,091,743 1,129,613
7. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 August 2022
£ £
Net obligations under finance lease and hire purchase contracts - 3,517
Other creditors 1,310,000 750,000
Accruals and deferred income 4,000 4,000
1,314,000 757,517
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8. Obligations Under Finance Leases and Hire Purchase
31 December 2023 31 August 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 3,517
9. Share Capital
31 December 2023 31 August 2022
£ £
Allotted, Called up and fully paid 4 3
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