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 13400900 Mr Daniel Wearing Mr Jamie Abdilla iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13400900 2023-05-31 13400900 2024-05-31 13400900 2023-06-01 2024-05-31 13400900 frs-core:CurrentFinancialInstruments 2024-05-31 13400900 frs-core:Non-currentFinancialInstruments 2024-05-31 13400900 frs-core:FurnitureFittings 2024-05-31 13400900 frs-core:FurnitureFittings 2023-06-01 2024-05-31 13400900 frs-core:FurnitureFittings 2023-05-31 13400900 frs-core:PlantMachinery 2024-05-31 13400900 frs-core:PlantMachinery 2023-06-01 2024-05-31 13400900 frs-core:PlantMachinery 2023-05-31 13400900 frs-core:ShareCapital 2024-05-31 13400900 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 13400900 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13400900 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 13400900 frs-bus:SmallEntities 2023-06-01 2024-05-31 13400900 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13400900 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13400900 frs-bus:Director1 2023-06-01 2024-05-31 13400900 frs-bus:Director2 2023-06-01 2024-05-31 13400900 frs-countries:EnglandWales 2023-06-01 2024-05-31 13400900 2022-05-31 13400900 2023-05-31 13400900 2022-06-01 2023-05-31 13400900 frs-core:CurrentFinancialInstruments 2023-05-31 13400900 frs-core:Non-currentFinancialInstruments 2023-05-31 13400900 frs-core:ShareCapital 2023-05-31 13400900 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 13400900
JD Developments (NW) Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Jon Davies Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13400900
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,139 4,499
Investment Properties 5 161,888 159,220
164,027 163,719
CURRENT ASSETS
Debtors 6 820 4,109
Investments 7 2 -
Cash at bank and in hand 9,467 3,056
10,289 7,165
Creditors: Amounts Falling Due Within One Year 8 (86,033 ) (87,716 )
NET CURRENT ASSETS (LIABILITIES) (75,744 ) (80,551 )
TOTAL ASSETS LESS CURRENT LIABILITIES 88,283 83,168
Creditors: Amounts Falling Due After More Than One Year 9 (116,025 ) (116,025 )
NET LIABILITIES (27,742 ) (32,857 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (27,842 ) (32,957 )
SHAREHOLDERS' FUNDS (27,742) (32,857)
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 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 Daniel Wearing
Director
25 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
JD Developments (NW) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13400900 . The registered office is 23 Goodlass Road, Liverpool, L24 9HJ.
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 3 Year Straight Line
Fixtures & Fittings 3 Year Straight Line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2023 591 6,060 6,651
Disposals - (571 ) (571 )
As at 31 May 2024 591 5,489 6,080
Depreciation
As at 1 June 2023 296 1,856 2,152
Provided during the period 197 1,830 2,027
Disposals - (238 ) (238 )
As at 31 May 2024 493 3,448 3,941
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 May 2024 98 2,041 2,139
As at 1 June 2023 295 4,204 4,499
5. Investment Property
2024
£
Fair Value
As at 1 June 2023 159,220
Additions 2,668
As at 31 May 2024 161,888
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 650 3,950
Prepayments and accrued income 170 159
820 4,109
7. Current Asset Investments
2024 2023
£ £
Shares in subsidiaries 2 -
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 3,002 3,000
Accruals and deferred income 1,440 720
Directors' loan accounts 81,591 83,996
86,033 87,716
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 116,025 116,025
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4