Acorah Software Products - Accounts Production 16.0.110 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10194925 Mr Leon Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10194925 2023-05-31 10194925 2024-05-31 10194925 2023-06-01 2024-05-31 10194925 frs-core:CurrentFinancialInstruments 2024-05-31 10194925 frs-core:ShareCapital 2024-05-31 10194925 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10194925 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10194925 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10194925 frs-bus:SmallEntities 2023-06-01 2024-05-31 10194925 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10194925 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10194925 frs-bus:Director1 2023-06-01 2024-05-31 10194925 frs-countries:EnglandWales 2023-06-01 2024-05-31 10194925 2022-05-31 10194925 2023-05-31 10194925 2022-06-01 2023-05-31 10194925 frs-core:CurrentFinancialInstruments 2023-05-31 10194925 frs-core:ShareCapital 2023-05-31 10194925 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10194925
L V JONES LTD
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10194925
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 8,789 11,956
Cash at bank and in hand 2,809 6,992
11,598 18,948
Creditors: Amounts Falling Due Within One Year 5 (14,749 ) (23,145 )
NET CURRENT ASSETS (LIABILITIES) (3,151 ) (4,197 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,151 ) (4,197 )
NET LIABILITIES (3,151 ) (4,197 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (3,152 ) (4,198 )
SHAREHOLDERS' FUNDS (3,151) (4,197)
Page 1
Page 2
For the year 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 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 Leon Jones
Director
08/10/2024
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
L V JONES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10194925 . The registered office is 12 Lorikeet House, 74 Carlton Vale, London, NW6 5GW.
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. Going Concern Disclosure
Having formed an opinion at the time of approving these accounts, the director would like to draw your attention to the fact the company has an accumulated loss of £3150 as at 31st  May 2024. It is the intention of the shareholder to continue to support the company financially and  ensure the company has adequate resources to continue existing trading policies and the directors have adopted a going concern basis in preparing the accounts.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 8,789 11,956
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 181
Bank loans and overdrafts 10,389 16,772
Other creditors 3,731 -
Taxation and social security 629 6,192
14,749 23,145
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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