Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 09035299 Mr Jonhathan Bleier iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09035299 2023-05-31 09035299 2024-05-31 09035299 2023-06-01 2024-05-31 09035299 frs-core:CurrentFinancialInstruments 2024-05-31 09035299 frs-core:Non-currentFinancialInstruments 2024-05-31 09035299 frs-core:ShareCapital 2024-05-31 09035299 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09035299 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09035299 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09035299 frs-bus:SmallEntities 2023-06-01 2024-05-31 09035299 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09035299 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09035299 frs-bus:Director1 2023-06-01 2024-05-31 09035299 frs-countries:EnglandWales 2023-06-01 2024-05-31 09035299 2022-05-31 09035299 2023-05-31 09035299 2022-06-01 2023-05-31 09035299 frs-core:CurrentFinancialInstruments 2023-05-31 09035299 frs-core:Non-currentFinancialInstruments 2023-05-31 09035299 frs-core:ShareCapital 2023-05-31 09035299 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 09035299
JB HOMES LTD
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09035299
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 476,980 476,980
476,980 476,980
CURRENT ASSETS
Cash at bank and in hand 15,564 18,254
15,564 18,254
Creditors: Amounts Falling Due Within One Year 5 (12,174 ) (5,957 )
NET CURRENT ASSETS (LIABILITIES) 3,390 12,297
TOTAL ASSETS LESS CURRENT LIABILITIES 480,370 489,277
Creditors: Amounts Falling Due After More Than One Year 6 (519,466 ) (523,638 )
NET LIABILITIES (39,096 ) (34,361 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (39,196 ) (34,461 )
SHAREHOLDERS' FUNDS (39,096) (34,361)
Page 1
Page 2
For the year ending 31 May 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 Jonhathan Bleier
Director
16th February 2025
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
JB HOMES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09035299 . The registered office is 86 Queen Elizabeth Walk, London, N16 5UQ.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 June 2023 and 31 May 2024 476,980
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 11,894 5,577
Accruals and deferred income 280 380
12,174 5,957
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 519,466 523,638
Page 3
Page 4
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4