Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 7949215 Mr Michael Wilkins Mrs Janella Wilkins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7949215 2023-02-28 7949215 2024-02-29 7949215 2023-03-01 2024-02-29 7949215 frs-core:CurrentFinancialInstruments 2024-02-29 7949215 frs-core:Non-currentFinancialInstruments 2024-02-29 7949215 frs-core:MotorVehicles 2024-02-29 7949215 frs-core:MotorVehicles 2023-03-01 2024-02-29 7949215 frs-core:MotorVehicles 2023-02-28 7949215 frs-core:PlantMachinery 2024-02-29 7949215 frs-core:PlantMachinery 2023-03-01 2024-02-29 7949215 frs-core:PlantMachinery 2023-02-28 7949215 frs-core:ShareCapital 2024-02-29 7949215 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 7949215 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 7949215 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 7949215 frs-bus:SmallEntities 2023-03-01 2024-02-29 7949215 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 7949215 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 7949215 frs-bus:Director1 2023-03-01 2024-02-29 7949215 frs-bus:Director2 2023-03-01 2024-02-29 7949215 frs-countries:EnglandWales 2023-03-01 2024-02-29 7949215 2022-02-28 7949215 2023-02-28 7949215 2022-03-01 2023-02-28 7949215 frs-core:CurrentFinancialInstruments 2023-02-28 7949215 frs-core:Non-currentFinancialInstruments 2023-02-28 7949215 frs-core:ShareCapital 2023-02-28 7949215 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 7949215
NJE Executive Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Ads Accountants
Certified Practising Accountants
117 Dartford Road
Dartford
Kent
DA1 3EN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 7949215
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,371 30,137
21,371 30,137
CURRENT ASSETS
Debtors - 927
Cash at bank and in hand 15,964 14,030
15,964 14,957
Creditors: Amounts Falling Due Within One Year 5 (30,046 ) (38,911 )
NET CURRENT ASSETS (LIABILITIES) (14,082 ) (23,954 )
TOTAL ASSETS LESS CURRENT LIABILITIES 7,289 6,183
Creditors: Amounts Falling Due After More Than One Year 6 (53,605 ) (68,011 )
NET LIABILITIES (46,316 ) (61,828 )
CAPITAL AND RESERVES
Called up share capital 7 5,000 5,000
Profit and Loss Account (51,316 ) (66,828 )
SHAREHOLDERS' FUNDS (46,316) (61,828)
Page 1
Page 2
For the year ending 29 February 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 Michael Wilkins
Director
11/11/2024
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
NJE Executive Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 7949215 . The registered office is 117 Dartford Rd, Dartford, DA1 3EN.
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%
Motor Vehicles 25%
2.4. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 10)
8 10
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 March 2023 13,000 76,877 89,877
Additions - 3,834 3,834
Disposals - (19,275 ) (19,275 )
As at 29 February 2024 13,000 61,436 74,436
Depreciation
As at 1 March 2023 7,514 52,226 59,740
Provided during the period 1,371 5,130 6,501
Disposals - (13,176 ) (13,176 )
As at 29 February 2024 8,885 44,180 53,065
Net Book Value
As at 29 February 2024 4,115 17,256 21,371
As at 1 March 2023 5,486 24,651 30,137
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax (31 ) (31 )
Other taxes and social security 1,520 4,962
VAT 16,962 22,028
Other creditors 1,746 5,000
Accruals and deferred income 9,849 6,952
30,046 38,911
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 53,605 68,011
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5,000 5,000
Page 4