Acorah Software Products - Accounts Production 14.6.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10107294 Mr James McPherson Mr J S McPherson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10107294 2023-04-30 10107294 2024-04-30 10107294 2023-05-01 2024-04-30 10107294 frs-core:CurrentFinancialInstruments 2024-04-30 10107294 frs-core:Non-currentFinancialInstruments 2024-04-30 10107294 frs-core:MotorVehicles 2024-04-30 10107294 frs-core:MotorVehicles 2023-05-01 2024-04-30 10107294 frs-core:MotorVehicles 2023-04-30 10107294 frs-core:PlantMachinery 2024-04-30 10107294 frs-core:PlantMachinery 2023-05-01 2024-04-30 10107294 frs-core:PlantMachinery 2023-04-30 10107294 frs-core:ShareCapital 2024-04-30 10107294 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10107294 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10107294 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10107294 frs-bus:SmallEntities 2023-05-01 2024-04-30 10107294 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10107294 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10107294 1 2023-05-01 2024-04-30 10107294 frs-bus:Director1 2023-05-01 2024-04-30 10107294 frs-countries:EnglandWales 2023-05-01 2024-04-30 10107294 2022-04-30 10107294 2023-04-30 10107294 2022-05-01 2023-04-30 10107294 frs-core:CurrentFinancialInstruments 2023-04-30 10107294 frs-core:Non-currentFinancialInstruments 2023-04-30 10107294 frs-core:ShareCapital 2023-04-30 10107294 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10107294
Jimmy's Timber Products Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Courtview Accounting Ltd
483 Green Lanes
London
N13 4BS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10107294
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 616 821
616 821
CURRENT ASSETS
Stocks 5 150 3,626
Cash at bank and in hand 3,425 2,080
3,575 5,706
Creditors: Amounts Falling Due Within One Year 6 (15,790 ) (10,231 )
NET CURRENT ASSETS (LIABILITIES) (12,215 ) (4,525 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,599 ) (3,704 )
Creditors: Amounts Falling Due After More Than One Year 7 (8,138 ) (12,142 )
NET LIABILITIES (19,737 ) (15,846 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (19,837 ) (15,946 )
SHAREHOLDERS' FUNDS (19,737) (15,846)
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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 Profit and Loss Account.
On behalf of the board
Mr James McPherson
Director
28/01/2025
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
Jimmy's Timber Products Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10107294 . The registered office is 483 Green Lanes, London, N13 4BS.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% on net book value
Motor Vehicles 25% on net book value
2.4. 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.
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 Total
£ £ £
Cost
As at 1 May 2023 2,215 4,500 6,715
As at 30 April 2024 2,215 4,500 6,715
Depreciation
As at 1 May 2023 1,884 4,010 5,894
Provided during the period 83 122 205
As at 30 April 2024 1,967 4,132 6,099
Net Book Value
As at 30 April 2024 248 368 616
As at 1 May 2023 331 490 821
5. Stocks
2024 2023
£ £
Stock 150 3,626
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,265 -
Corporation tax 1,314 1,314
Other taxes and social security - 460
Accruals and deferred income 1,750 1,750
Director's loan account 9,461 6,707
15,790 10,231
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce back loan 8,138 12,142
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr J S McPherson by virtue of his ownership of 100% of the issued share capital in the company.
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