Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09900721 Mr Jon Morton Mrs Samantha Morton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09900721 2023-01-31 09900721 2024-01-31 09900721 2023-02-01 2024-01-31 09900721 frs-core:CurrentFinancialInstruments 2024-01-31 09900721 frs-core:Non-currentFinancialInstruments 2024-01-31 09900721 frs-core:BetweenOneFiveYears 2024-01-31 09900721 frs-core:ComputerEquipment 2024-01-31 09900721 frs-core:ComputerEquipment 2023-02-01 2024-01-31 09900721 frs-core:ComputerEquipment 2023-01-31 09900721 frs-core:FurnitureFittings 2023-02-01 2024-01-31 09900721 frs-core:MotorVehicles 2024-01-31 09900721 frs-core:MotorVehicles 2023-02-01 2024-01-31 09900721 frs-core:MotorVehicles 2023-01-31 09900721 frs-core:PlantMachinery 2024-01-31 09900721 frs-core:PlantMachinery 2023-02-01 2024-01-31 09900721 frs-core:PlantMachinery 2023-01-31 09900721 frs-core:WithinOneYear 2024-01-31 09900721 frs-core:ShareCapital 2024-01-31 09900721 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09900721 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09900721 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09900721 frs-bus:SmallEntities 2023-02-01 2024-01-31 09900721 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09900721 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09900721 frs-bus:Director1 2023-02-01 2024-01-31 09900721 frs-bus:Director2 2023-02-01 2024-01-31 09900721 frs-countries:EnglandWales 2023-02-01 2024-01-31 09900721 2022-01-31 09900721 2023-01-31 09900721 2022-02-01 2023-01-31 09900721 frs-core:CurrentFinancialInstruments 2023-01-31 09900721 frs-core:Non-currentFinancialInstruments 2023-01-31 09900721 frs-core:BetweenOneFiveYears 2023-01-31 09900721 frs-core:WithinOneYear 2023-01-31 09900721 frs-core:ShareCapital 2023-01-31 09900721 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09900721
Jon Morton Transport Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
TaxAssist Accountants
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09900721
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 191,586 223,669
191,586 223,669
CURRENT ASSETS
Debtors 4 27,756 45,385
Cash at bank and in hand 23,871 -
51,627 45,385
Creditors: Amounts Falling Due Within One Year 5 (155,871 ) (213,251 )
NET CURRENT ASSETS (LIABILITIES) (104,244 ) (167,866 )
TOTAL ASSETS LESS CURRENT LIABILITIES 87,342 55,803
Creditors: Amounts Falling Due After More Than One Year 6 (102,021 ) (114,736 )
NET LIABILITIES (14,679 ) (58,933 )
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account (14,689 ) (58,943 )
SHAREHOLDERS' FUNDS (14,679) (58,933)
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For the year ending 31 January 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 Jon Morton
Director
16/10/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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%
Motor Vehicles 5%
Fixtures & Fittings 25%
Computer Equipment 33%
1.4. 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. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2023: 2)
2 2
3. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 180 313,245 874 314,299
Disposals - (22,000 ) - (22,000 )
As at 31 January 2024 180 291,245 874 292,299
...CONTINUED
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Depreciation
As at 1 February 2023 180 89,576 874 90,630
Provided during the period - 10,083 - 10,083
As at 31 January 2024 180 99,659 874 100,713
Net Book Value
As at 31 January 2024 - 191,586 - 191,586
As at 1 February 2023 - 223,669 - 223,669
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 27,756 45,385
27,756 45,385
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 51,694 64,686
Bank loans and overdrafts 71,891 5,748
VAT 8,996 18,435
Other creditors - 2,651
Directors' loan accounts 23,290 121,731
155,871 213,251
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 78,256 91,794
Bank loans 23,765 22,942
102,021 114,736
7. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The maturity of these amounts is as follows:
Within one year 51,694 64,686
Between one and five years 78,256 91,794
129,950 156,480
129,950 156,480
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
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9. General Information
Jon Morton Transport Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09900721 . The registered office is 16 Green End Road, Earby, Barnoldswick, BB18 6NY.
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