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 01829363 Philip Jones Amanda Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01829363 2023-02-28 01829363 2024-02-29 01829363 2023-03-01 2024-02-29 01829363 frs-core:CurrentFinancialInstruments 2024-02-29 01829363 frs-core:Non-currentFinancialInstruments 2024-02-29 01829363 frs-core:InvestmentPropertyIncludedWithinPPE 2024-02-29 01829363 frs-core:InvestmentPropertyIncludedWithinPPE 2023-03-01 2024-02-29 01829363 frs-core:InvestmentPropertyIncludedWithinPPE 2023-02-28 01829363 frs-core:ShareCapital 2024-02-29 01829363 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 01829363 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 01829363 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 01829363 frs-bus:SmallEntities 2023-03-01 2024-02-29 01829363 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 01829363 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 01829363 frs-core:UnlistedNon-exchangeTraded 2024-02-29 01829363 frs-core:UnlistedNon-exchangeTraded 2023-02-28 01829363 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-02-28 01829363 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-02-29 01829363 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-02-28 01829363 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-29 01829363 frs-bus:Director1 2023-03-01 2024-02-29 01829363 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 01829363 frs-countries:EnglandWales 2023-03-01 2024-02-29 01829363 2022-02-28 01829363 2023-02-28 01829363 2022-03-01 2023-02-28 01829363 frs-core:CurrentFinancialInstruments 2023-02-28 01829363 frs-core:Non-currentFinancialInstruments 2023-02-28 01829363 frs-core:ShareCapital 2023-02-28 01829363 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 01829363
Bence Jones Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
AR Accounting
Chartered Accountant & Tax Adviser
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01829363
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 32,949
Investments 5 24,002 24,002
24,002 56,951
CURRENT ASSETS
Debtors 6 41,145 40,183
Cash at bank and in hand 11,511 17,583
52,656 57,766
Creditors: Amounts Falling Due Within One Year 7 (4,956 ) (7,654 )
NET CURRENT ASSETS (LIABILITIES) 47,700 50,112
TOTAL ASSETS LESS CURRENT LIABILITIES 71,702 107,063
NET ASSETS 71,702 107,063
CAPITAL AND RESERVES
Called up share capital 8 16,812 16,812
Profit and Loss Account 54,890 90,251
SHAREHOLDERS' FUNDS 71,702 107,063
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 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
Philip Jones
Director
27/11/2024
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
Bence Jones Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01829363 . The registered office is Combens Top Of The Hill, Easton Lane, Portland, Dorset, DT5 1BW.
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 from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. 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.
2.4. 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 years 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Investment Properties
£
Cost
As at 1 March 2023 32,949
Disposals (32,949 )
As at 29 February 2024 -
Net Book Value
As at 29 February 2024 -
As at 1 March 2023 32,949
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 March 2023 24,002
As at 29 February 2024 24,002
Provision
As at 1 March 2023 -
As at 29 February 2024 -
Net Book Value
As at 29 February 2024 24,002
As at 1 March 2023 24,002
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 130 -
Amounts owed by group undertakings 21,015 20,183
21,145 20,183
Due after more than one year
Amounts owed by associates 20,000 20,000
20,000 20,000
41,145 40,183
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 3,476 7,014
VAT 840 -
Accruals and deferred income 635 635
Director's loan account 5 5
4,956 7,654
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 16,812 16,812
Page 4