Acorah Software Products - Accounts Production 15.0.600 false true 30 October 2022 1 November 2021 false 31 October 2022 29 October 2023 29 October 2023 07309826 Mr Parmeshar Singh Mr Sukdeep Singh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07309826 2022-10-30 07309826 2023-10-29 07309826 2022-10-31 2023-10-29 07309826 frs-core:CurrentFinancialInstruments 2023-10-29 07309826 frs-core:Non-currentFinancialInstruments 2023-10-29 07309826 frs-core:BetweenOneFiveYears 2023-10-29 07309826 frs-core:ComputerEquipment 2023-10-29 07309826 frs-core:ComputerEquipment 2022-10-31 2023-10-29 07309826 frs-core:ComputerEquipment 2022-10-30 07309826 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-29 07309826 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-31 2023-10-29 07309826 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-30 07309826 frs-core:MotorVehicles 2023-10-29 07309826 frs-core:MotorVehicles 2022-10-31 2023-10-29 07309826 frs-core:MotorVehicles 2022-10-30 07309826 frs-core:PlantMachinery 2023-10-29 07309826 frs-core:PlantMachinery 2022-10-31 2023-10-29 07309826 frs-core:PlantMachinery 2022-10-30 07309826 frs-core:ShareCapital 2023-10-29 07309826 frs-core:RetainedEarningsAccumulatedLosses 2023-10-29 07309826 frs-bus:PrivateLimitedCompanyLtd 2022-10-31 2023-10-29 07309826 frs-bus:FilletedAccounts 2022-10-31 2023-10-29 07309826 frs-bus:SmallEntities 2022-10-31 2023-10-29 07309826 frs-bus:AuditExempt-NoAccountantsReport 2022-10-31 2023-10-29 07309826 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-31 2023-10-29 07309826 frs-bus:Director1 2022-10-31 2023-10-29 07309826 frs-bus:Director2 2022-10-31 2023-10-29 07309826 frs-countries:EnglandWales 2022-10-31 2023-10-29 07309826 2021-10-31 07309826 2022-10-30 07309826 2021-11-01 2022-10-30 07309826 frs-core:CurrentFinancialInstruments 2022-10-30 07309826 frs-core:Non-currentFinancialInstruments 2022-10-30 07309826 frs-core:BetweenOneFiveYears 2022-10-30 07309826 frs-core:ShareCapital 2022-10-30 07309826 frs-core:RetainedEarningsAccumulatedLosses 2022-10-30
Registered number: 07309826
JSP Hauliers Ltd
Unaudited Financial Statements
For The Year Ended 29 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07309826
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,170,317 1,383,710
1,170,317 1,383,710
CURRENT ASSETS
Stocks 5 - 11,269
Debtors 6 912,181 1,260,376
Investments 7 8,100 8,100
Cash at bank and in hand 343,273 690,022
1,263,554 1,969,767
Creditors: Amounts Falling Due Within One Year 8 (549,189 ) (749,476 )
NET CURRENT ASSETS (LIABILITIES) 714,365 1,220,291
TOTAL ASSETS LESS CURRENT LIABILITIES 1,884,682 2,604,001
Creditors: Amounts Falling Due After More Than One Year 9 (1,009,664 ) (1,261,846 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (133,523 ) (133,523 )
NET ASSETS 741,495 1,208,632
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 741,395 1,208,532
SHAREHOLDERS' FUNDS 741,495 1,208,632
Page 1
Page 2
For the year ending 29 October 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 Sukdeep Singh
Director
25/10/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
JSP Hauliers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07309826 . The registered office is 105 Bridge Street, Swinton, Manchester, M27 4DN.
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:
Leasehold 2% straight line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 33% 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2022: 16)
16 16
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 31 October 2022 100,038 1,002,594 1,289,812 3,061 2,395,505
Additions - 5,875 158,159 - 164,034
Disposals - (6,500 ) - - (6,500 )
As at 29 October 2023 100,038 1,001,969 1,447,971 3,061 2,553,039
Depreciation
As at 31 October 2022 18,509 269,775 721,021 2,490 1,011,795
Provided during the period 2,001 188,343 181,738 470 372,552
Disposals - (1,625 ) - - (1,625 )
As at 29 October 2023 20,510 456,493 902,759 2,960 1,382,722
Net Book Value
As at 29 October 2023 79,528 545,476 545,212 101 1,170,317
As at 31 October 2022 81,529 732,819 568,791 571 1,383,710
5. Stocks
2023 2022
£ £
Stock - 11,269
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 205,344 399,595
Prepayments and accrued income 86,240 128,469
Other debtors 545,180 695,843
VAT - 36,469
Directors' loan accounts 75,417 -
912,181 1,260,376
7. Current Asset Investments
2023 2022
£ £
Listed investments 8,100 8,100
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 416,703 342,632
Bank loans and overdrafts 24,770 38,714
Other loans 7,586 4,299
Corporation tax 34,244 34,244
Other taxes and social security 31,224 24,352
VAT 7,354 -
Net wages 6,050 2,473
Other creditors - 124,566
Accruals and deferred income 21,258 178,196
549,189 749,476
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 1,009,664 1,261,846
10. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 1,182,659 1,415,795
Less: Finance charges allocated to future periods 172,995 153,949
1,009,664 1,261,846
11. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5