Acorah Software Products - Accounts Production 16.0.110 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 NI606257 Mr Jonathan Shaw iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI606257 2023-06-30 NI606257 2024-06-30 NI606257 2023-07-01 2024-06-30 NI606257 frs-core:CurrentFinancialInstruments 2024-06-30 NI606257 frs-core:Non-currentFinancialInstruments 2024-06-30 NI606257 frs-core:BetweenOneFiveYears 2024-06-30 NI606257 frs-core:FurnitureFittings 2024-06-30 NI606257 frs-core:FurnitureFittings 2023-07-01 2024-06-30 NI606257 frs-core:FurnitureFittings 2023-06-30 NI606257 frs-core:MotorVehicles 2024-06-30 NI606257 frs-core:MotorVehicles 2023-07-01 2024-06-30 NI606257 frs-core:MotorVehicles 2023-06-30 NI606257 frs-core:PlantMachinery 2024-06-30 NI606257 frs-core:PlantMachinery 2023-07-01 2024-06-30 NI606257 frs-core:PlantMachinery 2023-06-30 NI606257 frs-core:WithinOneYear 2024-06-30 NI606257 frs-core:ShareCapital 2024-06-30 NI606257 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 NI606257 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 NI606257 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 NI606257 frs-bus:SmallEntities 2023-07-01 2024-06-30 NI606257 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 NI606257 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 NI606257 frs-bus:Director1 2023-07-01 2024-06-30 NI606257 frs-countries:NorthernIreland 2023-07-01 2024-06-30 NI606257 2022-06-30 NI606257 2023-06-30 NI606257 2022-07-01 2023-06-30 NI606257 frs-core:CurrentFinancialInstruments 2023-06-30 NI606257 frs-core:Non-currentFinancialInstruments 2023-06-30 NI606257 frs-core:BetweenOneFiveYears 2023-06-30 NI606257 frs-core:WithinOneYear 2023-06-30 NI606257 frs-core:ShareCapital 2023-06-30 NI606257 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: NI606257
Jms Joinery And Building Works Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Gray + Press Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI606257
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 125,508 127,639
Investment Properties 5 95,860 95,860
221,368 223,499
CURRENT ASSETS
Stocks 6 123,658 4,950
Debtors 7 193,120 121,186
Cash at bank and in hand 196,308 179,253
513,086 305,389
Creditors: Amounts Falling Due Within One Year 8 (202,466 ) (110,581 )
NET CURRENT ASSETS (LIABILITIES) 310,620 194,808
TOTAL ASSETS LESS CURRENT LIABILITIES 531,988 418,307
Creditors: Amounts Falling Due After More Than One Year 9 (133,242 ) (152,837 )
NET ASSETS 398,746 265,470
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 398,646 265,370
SHAREHOLDERS' FUNDS 398,746 265,470
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Page 2
For the year ending 30 June 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 Jonathan Shaw
Director
31/10/2024
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
Jms Joinery And Building Works Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI606257 . The registered office is 15-17 Earlswood Road, Belfast , County Down, BT4 3DY.
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, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownershup have transferred to them. 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 by comparing the costs incurred for work performed to date to the total estimated contract costs. 
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
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Straight Line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. 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.
2.6. Stocks and Work in Progress
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevnat proportion of overheads according to the stage of manufacturing/completion. 
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 July 2023 10,157 156,613 8,477 175,247
Additions - 28,999 2,202 31,201
Disposals - - (649 ) (649 )
As at 30 June 2024 10,157 185,612 10,030 205,799
Depreciation
As at 1 July 2023 7,807 33,256 6,545 47,608
Provided during the period 588 31,266 964 32,818
Disposals - - (135 ) (135 )
As at 30 June 2024 8,395 64,522 7,374 80,291
Net Book Value
As at 30 June 2024 1,762 121,090 2,656 125,508
As at 1 July 2023 2,350 123,357 1,932 127,639
5. Investment Property
2024
£
Fair Value
As at 1 July 2023 and 30 June 2024 95,860
Deferred taxation is provded on these gains at the rate expected to apply when the property is sold. 
6. Stocks
2024 2023
£ £
Stock 123,658 4,950
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 153,053 108,231
Other debtors 40,067 12,955
193,120 121,186
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 22,737 14,593
Trade creditors 63,543 35,484
Bank loans and overdrafts 20,000 20,000
Other creditors 29,062 22,574
Taxation and social security 67,124 17,930
202,466 110,581
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 94,909 94,504
Bank loans 38,333 58,333
133,242 152,837
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 22,737 14,593
Later than one year and not later than five years 94,909 94,504
117,646 109,097
117,646 109,097
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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