Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 01321310 Mr John C Holden Mr John W Holden Mr Christopher Holden Mrs Barbara Holden iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01321310 2023-07-31 01321310 2024-07-31 01321310 2023-08-01 2024-07-31 01321310 frs-core:CurrentFinancialInstruments 2024-07-31 01321310 frs-core:FurnitureFittings 2024-07-31 01321310 frs-core:FurnitureFittings 2023-08-01 2024-07-31 01321310 frs-core:FurnitureFittings 2023-07-31 01321310 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 01321310 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 01321310 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 01321310 frs-core:MotorVehicles 2024-07-31 01321310 frs-core:MotorVehicles 2023-08-01 2024-07-31 01321310 frs-core:MotorVehicles 2023-07-31 01321310 frs-core:PlantMachinery 2024-07-31 01321310 frs-core:PlantMachinery 2023-08-01 2024-07-31 01321310 frs-core:PlantMachinery 2023-07-31 01321310 frs-core:ShareCapital 2024-07-31 01321310 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 01321310 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 01321310 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 01321310 frs-bus:SmallEntities 2023-08-01 2024-07-31 01321310 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 01321310 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 01321310 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-31 01321310 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-07-31 01321310 frs-bus:Director1 2023-08-01 2024-07-31 01321310 frs-bus:Director2 2023-08-01 2024-07-31 01321310 frs-bus:Director3 2023-08-01 2024-07-31 01321310 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 01321310 frs-countries:EnglandWales 2023-08-01 2024-07-31 01321310 2022-07-31 01321310 2023-07-31 01321310 2022-08-01 2023-07-31 01321310 frs-core:CurrentFinancialInstruments 2023-07-31 01321310 frs-core:ShareCapital 2023-07-31 01321310 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 01321310 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-31
Registered number: 01321310
J.C. Holden Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 01321310
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,036,392 994,757
Investment Properties 5 80,000 80,000
1,116,392 1,074,757
CURRENT ASSETS
Stocks 6 56,507 51,517
Debtors 7 157,723 46,960
Cash at bank and in hand 276,391 327,648
490,621 426,125
Creditors: Amounts Falling Due Within One Year 8 (193,005 ) (152,940 )
NET CURRENT ASSETS (LIABILITIES) 297,616 273,185
TOTAL ASSETS LESS CURRENT LIABILITIES 1,414,008 1,347,942
PROVISIONS FOR LIABILITIES
Deferred Taxation (55,496 ) (45,087 )
NET ASSETS 1,358,512 1,302,855
CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 52,201 52,201
Profit and Loss Account 1,306,211 1,250,554
SHAREHOLDERS' FUNDS 1,358,512 1,302,855
Page 1
Page 2
For the year ending 31 July 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 John C Holden
Director
31/01/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
J.C. Holden Limited Registered number 01321310 is a company limited by shares, incorporated in England & Wales. The Registered Office is Silk Mill, Silk Mill Lane, Goosnargh, Preston, PR3 2LP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historic cost convention and in accordance with the FRS 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 adjusted for work in progress.
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 0%
Plant & Machinery 20% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 20% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is credited or charged to the profit and loss.
Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
Page 3
Page 4
2.5. 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.
2.6. 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.
2.7. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The Company's liability for current tax is calculated using tax rates that have been enacted or substantially enacted by the end of the reporting period.

Deferred tax is recognised on all 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 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 substantially enacted by the end of the reporting period.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Sales, marketing and distribution 39 41
39 41
Page 4
Page 5
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 August 2023 884,012 - 52,480 192,766 1,129,258
Additions - 59,000 31,991 - 90,991
As at 31 July 2024 884,012 59,000 84,471 192,766 1,220,249
Depreciation
As at 1 August 2023 - - 42,650 91,851 134,501
Provided during the period - 985 9,791 38,580 49,356
As at 31 July 2024 - 985 52,441 130,431 183,857
Net Book Value
As at 31 July 2024 884,012 58,015 32,030 62,335 1,036,392
As at 1 August 2023 884,012 - 9,830 100,915 994,757
5. Investment Property
2024
£
Fair Value
As at 1 August 2023 and 31 July 2024 80,000
6. Stocks
2024 2023
£ £
Materials 9,555 19,865
Work in progress 46,952 31,652
56,507 51,517
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 135,011 37,645
Prepayments and accrued income 22,712 9,315
157,723 46,960
Page 5
Page 6
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 26,583 -
Trade creditors 51,189 46,736
Corporation tax 14,911 22,166
Other taxes and social security 10,538 13,602
VAT 52,273 56,832
Accruals and deferred income 14,295 12,575
Directors' loan accounts 23,216 1,029
193,005 152,940
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 26,583 -
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Fair Value Reserve
£
As at 1 August 2023 52,201
As at 31 July 2024 52,201
12. Related Party Transactions
JC, JW & CJ Holden Partnership

JC, JW & CJ Holden Partnership

Directors JC, JW & CJ Holden are a business partnership which charged £180,000 (2023-£200,000) to the Company for building work undertaken and facilities provided by the partnership in the normal conduct of it's trade. There was £10,000 (2023-£5,000) outstanding at the accounting date. These transactions were carried out on a commercial basis in the furtherance of the interests in the company.
Page 6