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 07920066 Mr Kurt Obeney Mrs Michelle Obeney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07920066 2023-01-31 07920066 2024-01-31 07920066 2023-02-01 2024-01-31 07920066 frs-core:CurrentFinancialInstruments 2024-01-31 07920066 frs-core:Non-currentFinancialInstruments 2024-01-31 07920066 frs-core:ComputerEquipment 2024-01-31 07920066 frs-core:ComputerEquipment 2023-02-01 2024-01-31 07920066 frs-core:ComputerEquipment 2023-01-31 07920066 frs-core:PlantMachinery 2024-01-31 07920066 frs-core:PlantMachinery 2023-02-01 2024-01-31 07920066 frs-core:PlantMachinery 2023-01-31 07920066 frs-core:ShareCapital 2024-01-31 07920066 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07920066 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07920066 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 07920066 frs-bus:SmallEntities 2023-02-01 2024-01-31 07920066 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07920066 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07920066 frs-bus:Director1 2023-02-01 2024-01-31 07920066 frs-bus:Director2 2023-02-01 2024-01-31 07920066 frs-countries:EnglandWales 2023-02-01 2024-01-31 07920066 2022-01-31 07920066 2023-01-31 07920066 2022-02-01 2023-01-31 07920066 frs-core:CurrentFinancialInstruments 2023-01-31 07920066 frs-core:Non-currentFinancialInstruments 2023-01-31 07920066 frs-core:ShareCapital 2023-01-31 07920066 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 07920066
St James Conservation Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 07920066
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,343 3,264
3,343 3,264
CURRENT ASSETS
Stocks 5 175,000 150,000
Debtors 6 2,966 3,059
Cash at bank and in hand 124,125 31
302,091 153,090
Creditors: Amounts Falling Due Within One Year 7 (355,260 ) (422,466 )
NET CURRENT ASSETS (LIABILITIES) (53,169 ) (269,376 )
TOTAL ASSETS LESS CURRENT LIABILITIES (49,826 ) (266,112 )
Creditors: Amounts Falling Due After More Than One Year 8 (1,113,252 ) (717,285 )
NET LIABILITIES (1,163,078 ) (983,397 )
CAPITAL AND RESERVES
Called up share capital 9 20 20
Income Statement (1,163,098 ) (983,417 )
SHAREHOLDERS' FUNDS (1,163,078) (983,397)
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Page 2
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 Income Statement.
On behalf of the board
Mr Kurt Obeney
Director
29th October 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
St James Conservation Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07920066 . The registered office is Chalice House, Bromley Road, Elmstead, Colchester, Essex, CO7 7BY.
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:
Plant & Machinery 25% Reducing balance
Computer Equipment 25% Reducing balance
2.4. 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: 2 (2023: 3)
2 3
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 14,423 - 14,423
Additions - 1,194 1,194
As at 31 January 2024 14,423 1,194 15,617
Depreciation
As at 1 February 2023 11,159 - 11,159
Provided during the period 816 299 1,115
As at 31 January 2024 11,975 299 12,274
Net Book Value
As at 31 January 2024 2,448 895 3,343
As at 1 February 2023 3,264 - 3,264
5. Stocks
2024 2023
£ £
Stock 175,000 150,000
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,200 1,200
VAT 1,766 1,859
2,966 3,059
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 4,639
Bank loans and overdrafts 6,967 6,729
Other taxes and social security 210 252
Accruals and deferred income - 3,390
Directors' loan accounts 348,083 407,456
355,260 422,466
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,113,252 717,285
A Loan by LSC finance Ltd has been secured by a way of a legal charge on the property 7 St James Street, King's Lynn and all building erection, fixtures or fittings with the property.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20 20
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