Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 05859197 Mr David Jones Mrs Catherine Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05859197 2023-06-30 05859197 2024-06-30 05859197 2023-07-01 2024-06-30 05859197 frs-core:CurrentFinancialInstruments 2024-06-30 05859197 frs-core:FurnitureFittings 2024-06-30 05859197 frs-core:FurnitureFittings 2023-07-01 2024-06-30 05859197 frs-core:FurnitureFittings 2023-06-30 05859197 frs-core:MotorVehicles 2024-06-30 05859197 frs-core:MotorVehicles 2023-07-01 2024-06-30 05859197 frs-core:MotorVehicles 2023-06-30 05859197 frs-core:PlantMachinery 2024-06-30 05859197 frs-core:PlantMachinery 2023-07-01 2024-06-30 05859197 frs-core:PlantMachinery 2023-06-30 05859197 frs-core:ShareCapital 2024-06-30 05859197 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 05859197 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05859197 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 05859197 frs-bus:SmallEntities 2023-07-01 2024-06-30 05859197 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05859197 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05859197 frs-bus:Director1 2023-07-01 2024-06-30 05859197 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 05859197 frs-countries:EnglandWales 2023-07-01 2024-06-30 05859197 2022-06-30 05859197 2023-06-30 05859197 2022-07-01 2023-06-30 05859197 frs-core:CurrentFinancialInstruments 2023-06-30 05859197 frs-core:ShareCapital 2023-06-30 05859197 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 05859197
Dave Jones Plant Ltd
Financial Statements
For The Year Ended 30 June 2024
ADC Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05859197
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 28,759 35,281
28,759 35,281
CURRENT ASSETS
Stocks 5 30,250 31,350
Debtors 6 26,095 26,778
Cash at bank and in hand 17,820 2,539
74,165 60,667
Creditors: Amounts Falling Due Within One Year 7 (40,113 ) (34,435 )
NET CURRENT ASSETS (LIABILITIES) 34,052 26,232
TOTAL ASSETS LESS CURRENT LIABILITIES 62,811 61,513
NET ASSETS 62,811 61,513
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 62,711 61,413
SHAREHOLDERS' FUNDS 62,811 61,513
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For the year ending 30 June 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 David Jones
Director
04/12/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Dave Jones Plant Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05859197 . The registered office is 25 Harper Street, Wigan, WN1 3BN.
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:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 20% on reducing balance
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.
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2.5. 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 year 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 asset reflects 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 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: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 July 2023 45,518 47,491 3,239 96,248
Additions 3,450 - - 3,450
Disposals (2,076 ) - - (2,076 )
As at 30 June 2024 46,892 47,491 3,239 97,622
Depreciation
As at 1 July 2023 36,981 21,676 2,310 60,967
Provided during the period 2,892 6,454 185 9,531
Disposals (1,635 ) - - (1,635 )
As at 30 June 2024 38,238 28,130 2,495 68,863
...CONTINUED
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Net Book Value
As at 30 June 2024 8,654 19,361 744 28,759
As at 1 July 2023 8,537 25,815 929 35,281
5. Stocks
2024 2023
£ £
Stock 30,250 31,350
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 24,248 25,240
Prepayments and accrued income 1,605 1,268
Other debtors 242 270
26,095 26,778
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 21,706 15,955
Corporation tax 6,458 8,850
Other taxes and social security 879 1,435
VAT 10,205 8,186
Other creditors 740 -
Director's loan account 125 9
40,113 34,435
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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