Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 06881485 Mrs R K Kaur Gill Mr J S Gill Mrs R K Kaur Gill Mr J S Gill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06881485 2023-04-30 06881485 2024-04-30 06881485 2023-05-01 2024-04-30 06881485 frs-core:CurrentFinancialInstruments 2024-04-30 06881485 frs-core:Non-currentFinancialInstruments 2024-04-30 06881485 frs-core:FurnitureFittings 2024-04-30 06881485 frs-core:FurnitureFittings 2023-05-01 2024-04-30 06881485 frs-core:FurnitureFittings 2023-04-30 06881485 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 06881485 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 06881485 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 06881485 frs-core:ShareCapital 2024-04-30 06881485 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 06881485 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 06881485 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 06881485 frs-bus:SmallEntities 2023-05-01 2024-04-30 06881485 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 06881485 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 06881485 frs-bus:Director1 2023-05-01 2024-04-30 06881485 frs-bus:Director2 2023-05-01 2024-04-30 06881485 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 06881485 frs-bus:CompanySecretary2 2023-05-01 2024-04-30 06881485 frs-countries:EnglandWales 2023-05-01 2024-04-30 06881485 2022-04-30 06881485 2023-04-30 06881485 2022-05-01 2023-04-30 06881485 frs-core:CurrentFinancialInstruments 2023-04-30 06881485 frs-core:Non-currentFinancialInstruments 2023-04-30 06881485 frs-core:ShareCapital 2023-04-30 06881485 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 06881485
JRG Construction Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06881485
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 492,430 492,430
492,430 492,430
CURRENT ASSETS
Debtors 5 172,917 160,526
Cash at bank and in hand 1,454 789
174,371 161,315
Creditors: Amounts Falling Due Within One Year 6 (32,265 ) (25,906 )
NET CURRENT ASSETS (LIABILITIES) 142,106 135,409
TOTAL ASSETS LESS CURRENT LIABILITIES 634,536 627,839
Creditors: Amounts Falling Due After More Than One Year 7 (279,309 ) (297,459 )
NET ASSETS 355,227 330,380
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 354,227 329,380
SHAREHOLDERS' FUNDS 355,227 330,380
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
Mr J S Gill
Director
23 December 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
JRG Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06881485 . The registered office is 113A, Warwick Street, Leamington Spa, Warwickshire, CV32 4QZ.
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:
Freehold Not Depreciated
Fixtures & Fittings Not Depreciated
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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2023 490,000 2,430 492,430
As at 30 April 2024 490,000 2,430 492,430
Net Book Value
As at 30 April 2024 490,000 2,430 492,430
As at 1 May 2023 490,000 2,430 492,430
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 32,686 32,686
Other debtors 140,231 127,840
172,917 160,526
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) 1
Bank loans and overdrafts 17,755 17,114
Other creditors 8,100 8,100
Taxation and social security 6,411 691
32,265 25,906
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 128,476 143,965
Other loans 9,062 12,823
Other creditors 141,771 140,671
279,309 297,459
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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