Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 04605967 Mr James Kerr Mrs Kathleen Kerr iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04605967 2022-12-31 04605967 2023-12-31 04605967 2023-01-01 2023-12-31 04605967 frs-core:CurrentFinancialInstruments 2023-12-31 04605967 frs-core:ComputerEquipment 2023-12-31 04605967 frs-core:ComputerEquipment 2023-01-01 2023-12-31 04605967 frs-core:ComputerEquipment 2022-12-31 04605967 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 04605967 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04605967 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 04605967 frs-core:MotorVehicles 2023-12-31 04605967 frs-core:MotorVehicles 2023-01-01 2023-12-31 04605967 frs-core:MotorVehicles 2022-12-31 04605967 frs-core:PlantMachinery 2023-12-31 04605967 frs-core:PlantMachinery 2023-01-01 2023-12-31 04605967 frs-core:PlantMachinery 2022-12-31 04605967 frs-core:ShareCapital 2023-12-31 04605967 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04605967 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04605967 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04605967 frs-bus:SmallEntities 2023-01-01 2023-12-31 04605967 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04605967 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04605967 frs-bus:Director1 2023-01-01 2023-12-31 04605967 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 04605967 frs-countries:EnglandWales 2023-01-01 2023-12-31 04605967 2021-12-31 04605967 2022-12-31 04605967 2022-01-01 2022-12-31 04605967 frs-core:CurrentFinancialInstruments 2022-12-31 04605967 frs-core:ShareCapital 2022-12-31 04605967 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 04605967
J R Kerr Hire Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04605967
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 101,479 102,309
101,479 102,309
CURRENT ASSETS
Debtors 5 - 1,980
Cash at bank and in hand 98,050 194,978
98,050 196,958
Creditors: Amounts Falling Due Within One Year 6 (185,597 ) (207,510 )
NET CURRENT ASSETS (LIABILITIES) (87,547 ) (10,552 )
TOTAL ASSETS LESS CURRENT LIABILITIES 13,932 91,757
NET ASSETS 13,932 91,757
CAPITAL AND RESERVES
Called up share capital 7 4 4
Profit and Loss Account 13,928 91,753
SHAREHOLDERS' FUNDS 13,932 91,757
Page 1
Page 2
For the year 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 James Kerr
Director
17/09/2024
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
J R Kerr Hire Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04605967 . The registered office is Packhorse, Plumpton, Penrith, Cumbria, CA11 9NP.
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.
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:
Freehold 0%
Plant & Machinery 20%
Motor Vehicles 25%
Computer Equipment 33%
2.4. 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 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 31,000 9,500 118,500 5,166 164,166
Disposals - (9,500 ) - - (9,500 )
As at 31 December 2023 31,000 - 118,500 5,166 154,666
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 January 2023 - 9,164 47,527 5,166 61,857
Provided during the period - - 494 - 494
Disposals - (9,164 ) - - (9,164 )
As at 31 December 2023 - - 48,021 5,166 53,187
Net Book Value
As at 31 December 2023 31,000 - 70,479 - 101,479
As at 1 January 2023 31,000 336 70,973 - 102,309
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 1,980
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 216 309
Corporation tax (1,899 ) 4,590
VAT - 11,337
Net wages - 545
Accruals and deferred income 372 456
Director's loan account 186,908 190,273
185,597 207,510
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 4 4
Page 4