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 07263430 Mr K Hammond Mr J Curtis Mrs J Curtis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07263430 2023-05-31 07263430 2024-05-31 07263430 2023-06-01 2024-05-31 07263430 frs-core:CurrentFinancialInstruments 2024-05-31 07263430 frs-core:Non-currentFinancialInstruments 2024-05-31 07263430 frs-core:BetweenOneFiveYears 2024-05-31 07263430 frs-core:ComputerEquipment 2023-06-01 2024-05-31 07263430 frs-core:FurnitureFittings 2024-05-31 07263430 frs-core:FurnitureFittings 2023-06-01 2024-05-31 07263430 frs-core:FurnitureFittings 2023-05-31 07263430 frs-core:MotorVehicles 2024-05-31 07263430 frs-core:MotorVehicles 2023-06-01 2024-05-31 07263430 frs-core:MotorVehicles 2023-05-31 07263430 frs-core:PlantMachinery 2024-05-31 07263430 frs-core:PlantMachinery 2023-06-01 2024-05-31 07263430 frs-core:PlantMachinery 2023-05-31 07263430 frs-core:WithinOneYear 2024-05-31 07263430 frs-core:ShareCapital 2024-05-31 07263430 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 07263430 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07263430 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 07263430 frs-bus:SmallEntities 2023-06-01 2024-05-31 07263430 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 07263430 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 07263430 frs-bus:Director1 2023-06-01 2024-05-31 07263430 frs-bus:Director2 2023-06-01 2024-05-31 07263430 frs-bus:Director3 2023-06-01 2024-05-31 07263430 frs-countries:EnglandWales 2023-06-01 2024-05-31 07263430 2022-05-31 07263430 2023-05-31 07263430 2022-06-01 2023-05-31 07263430 frs-core:CurrentFinancialInstruments 2023-05-31 07263430 frs-core:Non-currentFinancialInstruments 2023-05-31 07263430 frs-core:BetweenOneFiveYears 2023-05-31 07263430 frs-core:WithinOneYear 2023-05-31 07263430 frs-core:ShareCapital 2023-05-31 07263430 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 07263430
J K Jointing (Services) Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
AK Tax & Accountancy Ltd
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 07263430
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 160,304 196,241
160,304 196,241
CURRENT ASSETS
Debtors 5 98,540 166,364
Cash at bank and in hand 158,890 178,559
257,430 344,923
Creditors: Amounts Falling Due Within One Year 6 (53,226 ) (52,827 )
NET CURRENT ASSETS (LIABILITIES) 204,204 292,096
TOTAL ASSETS LESS CURRENT LIABILITIES 364,508 488,337
Creditors: Amounts Falling Due After More Than One Year 7 (62,874 ) (81,530 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,535 ) (5,535 )
NET ASSETS 296,099 401,272
CAPITAL AND RESERVES
Called up share capital 9 100 100
Income Statement 295,999 401,172
SHAREHOLDERS' FUNDS 296,099 401,272
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 Income Statement.
On behalf of the board
Mr K Hammond
Director
20/11/2024
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
J K Jointing (Services) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07263430 . The registered office is 76 Riverside Sir Thomas Longley Road, Medway City Estate, Rochester, Kent, ME2 4BH.
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% straight line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 3 years straight line
Computer Equipment 3 years straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2023: 22)
20 22
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 June 2023 18,150 326,277 16,099 360,526
Additions 18,000 - - 18,000
As at 31 May 2024 36,150 326,277 16,099 378,526
Depreciation
As at 1 June 2023 13,458 137,834 12,993 164,285
Provided during the period 4,923 47,111 1,903 53,937
As at 31 May 2024 18,381 184,945 14,896 218,222
Net Book Value
As at 31 May 2024 17,769 141,332 1,203 160,304
As at 1 June 2023 4,692 188,443 3,106 196,241
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 87,490 135,148
Other debtors 10,536 31,216
VAT 514 -
98,540 166,364
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 20,208 28,676
Other taxes and social security 29,005 15,436
VAT - 1,460
Other creditors 4,013 5,509
Accruals and deferred income - 1,746
53,226 52,827
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 62,874 81,530
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 20,208 28,676
Later than one year and not later than five years 62,874 81,530
83,082 110,206
83,082 110,206
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4