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 12489858 Mr Jamie Tyrrell Mr Mark Johnstone Mr Christopher Hind Mr James Tyrrell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12489858 2023-02-28 12489858 2024-02-29 12489858 2023-03-01 2024-02-29 12489858 frs-core:CurrentFinancialInstruments 2024-02-29 12489858 frs-core:Non-currentFinancialInstruments 2024-02-29 12489858 frs-core:BetweenOneFiveYears 2024-02-29 12489858 frs-core:ComputerEquipment 2024-02-29 12489858 frs-core:ComputerEquipment 2023-03-01 2024-02-29 12489858 frs-core:ComputerEquipment 2023-02-28 12489858 frs-core:FurnitureFittings 2024-02-29 12489858 frs-core:FurnitureFittings 2023-03-01 2024-02-29 12489858 frs-core:FurnitureFittings 2023-02-28 12489858 frs-core:MotorVehicles 2024-02-29 12489858 frs-core:MotorVehicles 2023-03-01 2024-02-29 12489858 frs-core:MotorVehicles 2023-02-28 12489858 frs-core:PlantMachinery 2024-02-29 12489858 frs-core:PlantMachinery 2023-03-01 2024-02-29 12489858 frs-core:PlantMachinery 2023-02-28 12489858 frs-core:WithinOneYear 2024-02-29 12489858 frs-core:ShareCapital 2024-02-29 12489858 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 12489858 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 12489858 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 12489858 frs-bus:SmallEntities 2023-03-01 2024-02-29 12489858 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 12489858 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 12489858 frs-bus:Director1 2023-03-01 2024-02-29 12489858 frs-bus:Director2 2023-03-01 2024-02-29 12489858 frs-bus:Director3 2023-03-01 2024-02-29 12489858 frs-bus:Director4 2023-03-01 2024-02-29 12489858 frs-countries:EnglandWales 2023-03-01 2024-02-29 12489858 2022-02-28 12489858 2023-02-28 12489858 2022-03-01 2023-02-28 12489858 frs-core:CurrentFinancialInstruments 2023-02-28 12489858 frs-core:Non-currentFinancialInstruments 2023-02-28 12489858 frs-core:BetweenOneFiveYears 2023-02-28 12489858 frs-core:WithinOneYear 2023-02-28 12489858 frs-core:ShareCapital 2023-02-28 12489858 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 12489858
JMC Civils Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12489858
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 768,408 766,834
768,408 766,834
CURRENT ASSETS
Stocks 5 3,000 8,000
Debtors 6 129,705 166,667
Cash at bank and in hand 49,050 148,006
181,755 322,673
Creditors: Amounts Falling Due Within One Year 7 (533,503 ) (491,659 )
NET CURRENT ASSETS (LIABILITIES) (351,748 ) (168,986 )
TOTAL ASSETS LESS CURRENT LIABILITIES 416,660 597,848
Creditors: Amounts Falling Due After More Than One Year 8 (230,302 ) (276,556 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (181,850 ) (126,396 )
NET ASSETS 4,508 194,896
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 4,408 194,796
SHAREHOLDERS' FUNDS 4,508 194,896
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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 Mark Johnstone
Director
23 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
JMC Civils Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12489858 . The registered office is LHS 1st Floor, Derwent View, Stores Road, Derby, DE21 4BD.
The financial statements are presented in pound sterling (£) and rounded to the nearest whole £.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 33% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2023 734,025 367,964 4,196 4,589 1,110,774
Additions 130,050 97,240 - 3,019 230,309
Disposals - (47,434 ) - - (47,434 )
As at 29 February 2024 864,075 417,770 4,196 7,608 1,293,649
Depreciation
As at 1 March 2023 210,636 130,515 705 2,084 343,940
Provided during the period 130,688 59,752 524 1,840 192,804
Disposals - (11,503 ) - - (11,503 )
As at 29 February 2024 341,324 178,764 1,229 3,924 525,241
Net Book Value
As at 29 February 2024 522,751 239,006 2,967 3,684 768,408
As at 1 March 2023 523,389 237,449 3,491 2,505 766,834
5. Stocks
2024 2023
£ £
Stock 3,000 8,000
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 93,654 13,339
Prepayments and accrued income 7,885 113,085
VAT 28,166 40,243
129,705 166,667
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 187,291 178,850
Trade creditors 215,386 174,120
Corporation tax 17,145 -
Other taxes and social security 33,200 43,632
Net wages 4,190 1,614
Other creditors 257 257
Accruals and deferred income 68,919 87,319
Directors' loan accounts 7,115 5,867
533,503 491,659
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 230,302 276,556
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 187,291 178,850
Later than one year and not later than five years 230,302 276,556
417,593 455,406
417,593 455,406
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Pension Commitments
The company operates a defined contribution pension scheme for it's employees. The assets of the scheme are held separately from those of the company in an independently administered fund. Included within Other Creditors at the balance sheet date are unpaid contributions of £257 (2023: £257) due to the fund.
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