Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 01220107 Mr Paul Adshead Mr Joseph Adshead iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01220107 2023-06-30 01220107 2024-06-30 01220107 2023-07-01 2024-06-30 01220107 frs-core:CurrentFinancialInstruments 2024-06-30 01220107 frs-core:FurnitureFittings 2024-06-30 01220107 frs-core:FurnitureFittings 2023-07-01 2024-06-30 01220107 frs-core:FurnitureFittings 2023-06-30 01220107 frs-core:MotorVehicles 2024-06-30 01220107 frs-core:MotorVehicles 2023-07-01 2024-06-30 01220107 frs-core:MotorVehicles 2023-06-30 01220107 frs-core:PlantMachinery 2024-06-30 01220107 frs-core:PlantMachinery 2023-07-01 2024-06-30 01220107 frs-core:PlantMachinery 2023-06-30 01220107 frs-core:ShareCapital 2024-06-30 01220107 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 01220107 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 01220107 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 01220107 frs-bus:SmallEntities 2023-07-01 2024-06-30 01220107 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 01220107 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 01220107 frs-bus:Director1 2023-07-01 2024-06-30 01220107 frs-bus:Director2 2023-07-01 2024-06-30 01220107 frs-countries:EnglandWales 2023-07-01 2024-06-30 01220107 2022-06-30 01220107 2023-06-30 01220107 2022-07-01 2023-06-30 01220107 frs-core:CurrentFinancialInstruments 2023-06-30 01220107 frs-core:ShareCapital 2023-06-30 01220107 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 01220107
J.B.A. Globe Scaffolding Hire Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01220107
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 192,557 180,538
192,557 180,538
CURRENT ASSETS
Debtors 5 305,131 204,041
Cash at bank and in hand 519,870 511,216
825,001 715,257
Creditors: Amounts Falling Due Within One Year 6 (321,409 ) (335,076 )
NET CURRENT ASSETS (LIABILITIES) 503,592 380,181
TOTAL ASSETS LESS CURRENT LIABILITIES 696,149 560,719
NET ASSETS 696,149 560,719
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 696,049 560,619
SHAREHOLDERS' FUNDS 696,149 560,719
Page 1
Page 2
For the year ending 30 June 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 Paul Adshead
Director
19/12/2024
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.B.A. Globe Scaffolding Hire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01220107 . The registered office is Bridgend House, Astley Street, Dukinfield, Cheshire, SK16 4RG.
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 20% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
2.4. 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 26 (2023: 26)
26 26
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 July 2023 92,361 608,825 22,597 723,783
Additions - 75,656 - 75,656
As at 30 June 2024 92,361 684,481 22,597 799,439
Depreciation
As at 1 July 2023 83,555 438,005 21,685 543,245
Provided during the period 1,790 61,622 225 63,637
As at 30 June 2024 85,345 499,627 21,910 606,882
Net Book Value
As at 30 June 2024 7,016 184,854 687 192,557
As at 1 July 2023 8,806 170,820 912 180,538
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 303,354 204,041
Other debtors 1,777 -
305,131 204,041
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 50,399 112,298
Bank loans and overdrafts 2,678 719
Corporation tax 90,240 71,661
Other taxes and social security 14,632 9,784
VAT 109,516 102,652
Other creditors 53,944 34,747
Directors' loan accounts - 3,215
321,409 335,076
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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