Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 13273368 Mr Joshua Dyde Mr Joshua Dyde true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13273368 2023-03-31 13273368 2024-03-31 13273368 2023-04-01 2024-03-31 13273368 frs-core:CurrentFinancialInstruments 2024-03-31 13273368 frs-core:Non-currentFinancialInstruments 2024-03-31 13273368 frs-core:BetweenOneFiveYears 2024-03-31 13273368 frs-core:ComputerEquipment 2024-03-31 13273368 frs-core:ComputerEquipment 2023-04-01 2024-03-31 13273368 frs-core:ComputerEquipment 2023-03-31 13273368 frs-core:FurnitureFittings 2023-04-01 2024-03-31 13273368 frs-core:MotorVehicles 2024-03-31 13273368 frs-core:MotorVehicles 2023-04-01 2024-03-31 13273368 frs-core:MotorVehicles 2023-03-31 13273368 frs-core:PlantMachinery 2024-03-31 13273368 frs-core:PlantMachinery 2023-04-01 2024-03-31 13273368 frs-core:PlantMachinery 2023-03-31 13273368 frs-core:WithinOneYear 2024-03-31 13273368 frs-core:ShareCapital 2024-03-31 13273368 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13273368 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13273368 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13273368 frs-bus:SmallEntities 2023-04-01 2024-03-31 13273368 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13273368 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13273368 1 2023-04-01 2024-03-31 13273368 frs-bus:Director1 2023-04-01 2024-03-31 13273368 frs-core:CurrentFinancialInstruments 2 2024-03-31 13273368 frs-countries:EnglandWales 2023-04-01 2024-03-31 13273368 2022-03-31 13273368 2023-03-31 13273368 2022-04-01 2023-03-31 13273368 frs-core:CurrentFinancialInstruments 2023-03-31 13273368 frs-core:Non-currentFinancialInstruments 2023-03-31 13273368 frs-core:BetweenOneFiveYears 2023-03-31 13273368 frs-core:WithinOneYear 2023-03-31 13273368 frs-core:ShareCapital 2023-03-31 13273368 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 13273368 frs-core:CurrentFinancialInstruments 2 2023-03-31
Registered number: 13273368
JD Heating Services Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
RW Accountancy Solutions Limited
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 13273368
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 35,994 49,366
35,994 49,366
CURRENT ASSETS
Debtors 5 17,408 26,877
Cash at bank and in hand 9,572 5,612
26,980 32,489
Creditors: Amounts Falling Due Within One Year 6 (27,897 ) (32,414 )
NET CURRENT ASSETS (LIABILITIES) (917 ) 75
TOTAL ASSETS LESS CURRENT LIABILITIES 35,077 49,441
Creditors: Amounts Falling Due After More Than One Year 7 (27,780 ) (39,586 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,840 ) (9,379 )
NET ASSETS 457 476
CAPITAL AND RESERVES
Called up share capital 9 1 1
Income Statement 456 475
SHAREHOLDERS' FUNDS 457 476
Page 1
Page 2
For the year ending 31 March 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 Income Statement.
On behalf of the board
Mr Joshua Dyde
Director
23/12/2024
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
JD Heating Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13273368 . The registered office is Fieldview, Colby Road, Banningham, Norwich, Norfolk, NR11 7DY.
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 33.33% Reducing Balance
Motor Vehicles 33.33% Reducing Balance
Fixtures & Fittings 33.33% Reducing Balance
Computer Equipment 33.33% Straight Line
2.4. 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 income statement 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 income statement as incurred.
2.5. 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.
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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 4,480 63,132 2,932 70,544
Additions 1,169 36,107 965 38,241
Disposals - (63,132 ) - (63,132 )
As at 31 March 2024 5,649 36,107 3,897 45,653
Depreciation
As at 1 April 2023 1,660 18,415 1,103 21,178
Provided during the period 1,046 12,225 1,031 14,302
Disposals - (25,821 ) - (25,821 )
As at 31 March 2024 2,706 4,819 2,134 9,659
Net Book Value
As at 31 March 2024 2,943 31,288 1,763 35,994
As at 1 April 2023 2,820 44,717 1,829 49,366
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 210 5,030
Prepayments and accrued income - 616
S.455 Tax Debtor 3,987 6,351
Other debtor 1,399 -
Director's loan account 11,812 14,880
17,408 26,877
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 7,752 8,773
Trade creditors 1,573 6,817
Other loans 1,837 7,212
Corporation tax 9,144 5,581
Other taxes and social security 3,473 1,034
VAT 4,001 1,991
Net wages - 973
Pensions 117 33
27,897 32,414
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 27,780 39,586
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 7,752 8,773
Later than one year and not later than five years 27,780 39,586
35,532 48,359
35,532 48,359
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr Joshua Dyde by virtue of his ownership of 100% of the issued share capital in the company.
Page 5