Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13784053 Mr Simon Tree iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13784053 2023-12-31 13784053 2024-12-31 13784053 2024-01-01 2024-12-31 13784053 frs-core:CurrentFinancialInstruments 2024-12-31 13784053 frs-core:ComputerEquipment 2024-12-31 13784053 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13784053 frs-core:ComputerEquipment 2023-12-31 13784053 frs-core:FurnitureFittings 2024-12-31 13784053 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13784053 frs-core:FurnitureFittings 2023-12-31 13784053 frs-core:PlantMachinery 2024-12-31 13784053 frs-core:PlantMachinery 2024-01-01 2024-12-31 13784053 frs-core:PlantMachinery 2023-12-31 13784053 frs-core:ShareCapital 2024-12-31 13784053 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13784053 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13784053 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13784053 frs-bus:SmallEntities 2024-01-01 2024-12-31 13784053 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13784053 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13784053 frs-bus:Director1 2024-01-01 2024-12-31 13784053 frs-bus:Director1 2023-12-31 13784053 frs-bus:Director1 2024-12-31 13784053 frs-countries:EnglandWales 2024-01-01 2024-12-31 13784053 2022-12-31 13784053 2023-12-31 13784053 2023-01-01 2023-12-31 13784053 frs-core:CurrentFinancialInstruments 2023-12-31 13784053 frs-core:ShareCapital 2023-12-31 13784053 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13784053
SJT Contractors South East Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13784053
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,427 2,382
9,427 2,382
CURRENT ASSETS
Stocks 5 49,500 -
Debtors 6 135,673 104,448
Cash at bank and in hand 5,484 1,089
190,657 105,537
Creditors: Amounts Falling Due Within One Year 7 (156,480 ) (67,524 )
NET CURRENT ASSETS (LIABILITIES) 34,177 38,013
TOTAL ASSETS LESS CURRENT LIABILITIES 43,604 40,395
NET ASSETS 43,604 40,395
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 43,603 40,394
SHAREHOLDERS' FUNDS 43,604 40,395
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For the year ending 31 December 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 Simon Tree
Director
24/02/2025
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
SJT Contractors South East Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13784053 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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.
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 15% - reducing balance
Fixtures & Fittings 15% - reducing balance
Computer Equipment 15% - 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.
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 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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.
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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 Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 679 1,000 1,124 2,803
Additions 7,500 - 1,210 8,710
As at 31 December 2024 8,179 1,000 2,334 11,513
Depreciation
As at 1 January 2024 102 150 169 421
Provided during the period 1,212 128 325 1,665
As at 31 December 2024 1,314 278 494 2,086
Net Book Value
As at 31 December 2024 6,865 722 1,840 9,427
As at 1 January 2024 577 850 955 2,382
5. Stocks
2024 2023
£ £
Work in progress 49,500 -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,200 30,400
Director's loan account 127,273 69,848
Amounts owed by associates 4,200 4,200
135,673 104,448
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,701 2,299
Corporation tax 22,511 21,265
Other taxes and social security 24,368 10,372
VAT 106,571 33,471
Other creditors 329 117
156,480 67,524
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Simon Tree 69,848 107,425 50,000 - 127,273
The above loan is unsecured, interest free and repayable on demand.
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