Acorah Software Products - Accounts Production 16.1.200 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 NI009560 Mr Trevor Joseph Jordan Mrs Kathleen Jordan Mr Nigel John Jordan Mr Alexander Jordan Mr Peter Jordan the Directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI009560 2023-09-30 NI009560 2024-09-30 NI009560 2023-10-01 2024-09-30 NI009560 frs-core:CurrentFinancialInstruments 2024-09-30 NI009560 frs-core:Non-currentFinancialInstruments 2024-09-30 NI009560 frs-core:FurnitureFittings 2024-09-30 NI009560 frs-core:FurnitureFittings 2023-10-01 2024-09-30 NI009560 frs-core:FurnitureFittings 2023-09-30 NI009560 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 NI009560 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 NI009560 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 NI009560 frs-core:MotorVehicles 2024-09-30 NI009560 frs-core:MotorVehicles 2023-10-01 2024-09-30 NI009560 frs-core:MotorVehicles 2023-09-30 NI009560 frs-core:PlantMachinery 2024-09-30 NI009560 frs-core:PlantMachinery 2023-10-01 2024-09-30 NI009560 frs-core:PlantMachinery 2023-09-30 NI009560 frs-core:WithinOneYear 2024-09-30 NI009560 frs-core:OtherReservesSubtotal 2024-09-30 NI009560 frs-core:ShareCapital 2024-09-30 NI009560 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 NI009560 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 NI009560 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 NI009560 frs-bus:SmallEntities 2023-10-01 2024-09-30 NI009560 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 NI009560 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 NI009560 1 2023-10-01 2024-09-30 NI009560 frs-core:CostValuation 2023-09-30 NI009560 frs-core:CostValuation 2024-09-30 NI009560 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 NI009560 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 NI009560 frs-bus:Director1 2023-10-01 2024-09-30 NI009560 frs-bus:Director2 2023-10-01 2024-09-30 NI009560 frs-bus:Director3 2023-10-01 2024-09-30 NI009560 frs-bus:Director4 2023-10-01 2024-09-30 NI009560 frs-bus:Director5 2023-10-01 2024-09-30 NI009560 frs-countries:NorthernIreland 2023-10-01 2024-09-30 NI009560 2022-09-30 NI009560 2023-09-30 NI009560 2022-10-01 2023-09-30 NI009560 frs-core:CurrentFinancialInstruments 2023-09-30 NI009560 frs-core:Non-currentFinancialInstruments 2023-09-30 NI009560 frs-core:BetweenOneFiveYears 2023-09-30 NI009560 frs-core:WithinOneYear 2023-09-30 NI009560 frs-core:OtherReservesSubtotal 2023-09-30 NI009560 frs-core:ShareCapital 2023-09-30 NI009560 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: NI009560
Jordan Concrete Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
McCleary & Company Ltd.
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: NI009560
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 401,891 440,201
Investments 5 80 80
401,971 440,281
CURRENT ASSETS
Stocks 6 265,843 235,695
Debtors 7 220,411 252,466
Cash at bank and in hand 552,759 552,728
1,039,013 1,040,889
Creditors: Amounts Falling Due Within One Year 8 (161,030 ) (175,714 )
NET CURRENT ASSETS (LIABILITIES) 877,983 865,175
TOTAL ASSETS LESS CURRENT LIABILITIES 1,279,954 1,305,456
Creditors: Amounts Falling Due After More Than One Year 9 (16,593 ) (23,615 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (26,093 ) (27,442 )
NET ASSETS 1,237,268 1,254,399
CAPITAL AND RESERVES
Called up share capital 11 750 750
Other reserves 250 250
Profit and Loss Account 1,236,268 1,253,399
SHAREHOLDERS' FUNDS 1,237,268 1,254,399
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For the year ending 30 September 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 Trevor Joseph Jordan
Director
Mr Nigel John Jordan
Director
21 January 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Jordan Concrete Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI009560 . The registered office is 8a Sheepwalk Road, Sales Corner, Lisburn, BT28 3RD.
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 2% Straight line & not provided
Plant & Machinery 20% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 20% Reducing balance
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 profit and loss account 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 profit and loss account as incurred.
2.5. 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.
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2.6. 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.
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.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2023: 24)
20 24
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 October 2023 693,651 427,440 193,808 70,306 1,385,205
Additions - - 25,445 - 25,445
Disposals - - (19,087 ) (16,000 ) (35,087 )
As at 30 September 2024 693,651 427,440 200,166 54,306 1,375,563
Depreciation
As at 1 October 2023 422,247 348,684 106,159 67,914 945,004
Provided during the period 11,602 15,751 23,469 49 50,871
Disposals - - (8,351 ) (13,852 ) (22,203 )
As at 30 September 2024 433,849 364,435 121,277 54,111 973,672
...CONTINUED
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Net Book Value
As at 30 September 2024 259,802 63,005 78,889 195 401,891
As at 1 October 2023 271,404 78,756 87,649 2,392 440,201
5. Investments
Subsidiaries
£
Cost
As at 1 October 2023 80
As at 30 September 2024 80
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 80
As at 1 October 2023 80
6. Stocks
2024 2023
£ £
Stock 265,843 235,695
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 182,116 209,823
Amounts owed by group undertakings 37,972 40,963
Other debtors 323 1,680
220,411 252,466
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,187 18,510
Trade creditors 90,237 76,191
Other creditors 17,309 24,884
Taxation and social security 48,297 56,129
161,030 175,714
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9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 5,187
Other creditors 16,593 18,428
16,593 23,615
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,187 18,510
Later than one year and not later than five years - 5,187
5,187 23,697
5,187 23,697
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 750 750
12. Related Party Transactions
Jordan Concrete Ltd and Architectural Stone Ltd are two companies under common control.  During the year Architectural Stone Ltd paid a management charge of £35,000 to Jordan Concrete Ltd.  A current account runs between the two companies and at the year end Jordan Concrete Ltd was owed £37,972 by Architectural Stone Ltd, which is included in debtors.
13. Ultimate Controlling Party
The company's ultimate controlling party are the Directors by virtue of their ownership of 100% of the issued share capital in the company.
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