Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07559863 Mrs Kimberley Hogg Mr Pierre Hogg iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07559863 2023-03-31 07559863 2024-03-31 07559863 2023-04-01 2024-03-31 07559863 frs-core:CurrentFinancialInstruments 2024-03-31 07559863 frs-core:Non-currentFinancialInstruments 2024-03-31 07559863 frs-core:NetGoodwill 2024-03-31 07559863 frs-core:NetGoodwill 2023-03-31 07559863 frs-core:ShareCapital 2024-03-31 07559863 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07559863 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07559863 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07559863 frs-bus:SmallEntities 2023-04-01 2024-03-31 07559863 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07559863 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07559863 frs-bus:Director1 2023-04-01 2024-03-31 07559863 frs-bus:Director2 2023-04-01 2024-03-31 07559863 frs-countries:EnglandWales 2023-04-01 2024-03-31 07559863 2022-03-31 07559863 2023-03-31 07559863 2022-04-01 2023-03-31 07559863 frs-core:CurrentFinancialInstruments 2023-03-31 07559863 frs-core:Non-currentFinancialInstruments 2023-03-31 07559863 frs-core:ShareCapital 2023-03-31 07559863 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07559863
J W Homes Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
1st Floor
Brook House, Brook Road
Whitchurch
Cardiff
CF14 1DU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07559863
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 58,997 78,888
Cash at bank and in hand 2,661 11,830
61,658 90,718
Creditors: Amounts Falling Due Within One Year 6 (76,314 ) (81,423 )
NET CURRENT ASSETS (LIABILITIES) (14,656 ) 9,295
TOTAL ASSETS LESS CURRENT LIABILITIES (14,656 ) 9,295
Creditors: Amounts Falling Due After More Than One Year 7 (18,158 ) (27,253 )
NET LIABILITIES (32,814 ) (17,958 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (32,914 ) (18,058 )
SHAREHOLDERS' FUNDS (32,814) (17,958)
Page 1
Page 2
For the year ending 31 March 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 Pierre Hogg
Director
25/10/2024
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 W Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07559863 . The registered office is Unit 1a Foxes Lane, Oakdale Business Park, Blackwood, NP12 4AB.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 6)
4 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 25,000
As at 31 March 2024 25,000
Amortisation
As at 1 April 2023 25,000
As at 31 March 2024 25,000
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 20,871 25,904
Other debtors 38,126 34,910
Directors' loan accounts - 18,074
58,997 78,888
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) 2
Bank loans and overdrafts 38,286 35,759
Other taxes and social security 5,004 1,357
VAT 19,069 42,108
Net wages 2,087 -
Other creditors 968 1,155
Accruals and deferred income 1,042 1,042
Directors' loan accounts 9,859 -
76,314 81,423
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 18,158 27,253
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4