Acorah Software Products - Accounts Production 16.0.110 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10225668 S C Banks S L Banks S L Banks iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10225668 2023-04-30 10225668 2024-04-30 10225668 2023-05-01 2024-04-30 10225668 frs-core:CurrentFinancialInstruments 2024-04-30 10225668 frs-core:Non-currentFinancialInstruments 2024-04-30 10225668 frs-core:PlantMachinery 2024-04-30 10225668 frs-core:PlantMachinery 2023-05-01 2024-04-30 10225668 frs-core:PlantMachinery 2023-04-30 10225668 frs-core:ShareCapital 2024-04-30 10225668 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10225668 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10225668 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10225668 frs-bus:SmallEntities 2023-05-01 2024-04-30 10225668 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10225668 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10225668 frs-bus:Director1 2023-05-01 2024-04-30 10225668 frs-bus:Director2 2023-05-01 2024-04-30 10225668 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 10225668 frs-countries:EnglandWales 2023-05-01 2024-04-30 10225668 2022-04-30 10225668 2023-04-30 10225668 2022-05-01 2023-04-30 10225668 frs-core:CurrentFinancialInstruments 2023-04-30 10225668 frs-core:Non-currentFinancialInstruments 2023-04-30 10225668 frs-core:BetweenOneFiveYears 2023-04-30 10225668 frs-core:WithinOneYear 2023-04-30 10225668 frs-core:ShareCapital 2023-04-30 10225668 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10225668
Jarvis Banks Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10225668
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 15,357
- 15,357
CURRENT ASSETS
Debtors 5 1,991 485
Cash at bank and in hand 44 68
2,035 553
Creditors: Amounts Falling Due Within One Year 6 (26,945 ) (25,069 )
NET CURRENT ASSETS (LIABILITIES) (24,910 ) (24,516 )
TOTAL ASSETS LESS CURRENT LIABILITIES (24,910 ) (9,159 )
Creditors: Amounts Falling Due After More Than One Year 7 - (13,173 )
NET LIABILITIES (24,910 ) (22,332 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (24,912 ) (22,334 )
SHAREHOLDERS' FUNDS (24,910) (22,332)
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 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
S L Banks
Director
27/01/2025
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
Jarvis Banks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10225668 . The registered office is C/O Smooth Accounting Limited , Building 1000 Lakeside North Harbour, Western Road, Portsmouth, PO6 3EN.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 5 years Reducing Balance Basis
2.4. Financial Instruments
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Current liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
The company considers all its financial instruments to be basic.
2.5. Borrowings
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
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4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 May 2023 23,995
Disposals (23,995 )
As at 30 April 2024 -
Depreciation
As at 1 May 2023 8,638
Disposals (8,638 )
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 15,357
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 1,091 -
Other debtors 900 485
1,991 485
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 4,374
Amounts owed to group undertakings 17,975 11,725
Other creditors 8,970 8,970
26,945 25,069
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 13,173
Page 4
Page 5
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 4,374
Later than one year and not later than five years - 13,173
- 17,547
- 17,547
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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