Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10710286 Mr John Brogan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10710286 2023-04-30 10710286 2024-04-30 10710286 2023-05-01 2024-04-30 10710286 frs-core:CurrentFinancialInstruments 2024-04-30 10710286 frs-core:ComputerEquipment 2024-04-30 10710286 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10710286 frs-core:ComputerEquipment 2023-04-30 10710286 frs-core:FurnitureFittings 2024-04-30 10710286 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10710286 frs-core:FurnitureFittings 2023-04-30 10710286 frs-core:MotorVehicles 2024-04-30 10710286 frs-core:MotorVehicles 2023-05-01 2024-04-30 10710286 frs-core:MotorVehicles 2023-04-30 10710286 frs-core:ShareCapital 2024-04-30 10710286 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10710286 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10710286 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10710286 frs-bus:SmallEntities 2023-05-01 2024-04-30 10710286 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10710286 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10710286 frs-bus:Director1 2023-05-01 2024-04-30 10710286 frs-countries:EnglandWales 2023-05-01 2024-04-30 10710286 2022-04-30 10710286 2023-04-30 10710286 2022-05-01 2023-04-30 10710286 frs-core:CurrentFinancialInstruments 2023-04-30 10710286 frs-core:ShareCapital 2023-04-30 10710286 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10710286
JB Plugging Ltd.
Unaudited Financial Statements
For The Year Ended 30 April 2024
TaxAssist Accountants
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 10710286
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,168 8,049
6,168 8,049
CURRENT ASSETS
Debtors 5 106,005 36,659
Cash at bank and in hand - 19,089
106,005 55,748
Creditors: Amounts Falling Due Within One Year 6 (65,869 ) (33,152 )
NET CURRENT ASSETS (LIABILITIES) 40,136 22,596
TOTAL ASSETS LESS CURRENT LIABILITIES 46,304 30,645
NET ASSETS 46,304 30,645
CAPITAL AND RESERVES
Called up share capital 7 1 1
Income Statement 46,303 30,644
SHAREHOLDERS' FUNDS 46,304 30,645
Page 1
Page 2
For the year ending 30 April 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 John Brogan
Director
26/09/2024
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
JB Plugging Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 10710286 . The registered office is 38 Station Road, Ellesmere Port, CH65 4BQ.
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.
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:
Motor Vehicles 25% RBM
Fixtures & Fittings 15% RBM
Computer Equipment 25%RBM
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 9,565 2,075 3,213 14,853
As at 30 April 2024 9,565 2,075 3,213 14,853
Depreciation
As at 1 May 2023 4,185 752 1,867 6,804
Provided during the period 1,345 199 337 1,881
As at 30 April 2024 5,530 951 2,204 8,685
...CONTINUED
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Net Book Value
As at 30 April 2024 4,035 1,124 1,009 6,168
As at 1 May 2023 5,380 1,323 1,346 8,049
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 95,944 29,268
Other taxes and social security 4,918 7,391
Net wages 5,143 -
106,005 36,659
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,766 -
Bank loans and overdrafts 29,231 -
Corporation tax 13,841 15,735
VAT 6,975 9,462
Other creditors (4,187 ) (2,310 )
Accruals and deferred income 3,394 3,379
Director's loan account 11,849 6,886
65,869 33,152
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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