Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 05492614 Mr Matthew Knowles Mr John Knowles Mr David Knowles Mr John Knowles iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05492614 2023-06-30 05492614 2024-06-30 05492614 2023-07-01 2024-06-30 05492614 frs-core:CurrentFinancialInstruments 2024-06-30 05492614 frs-core:ComputerEquipment 2024-06-30 05492614 frs-core:ComputerEquipment 2023-07-01 2024-06-30 05492614 frs-core:ComputerEquipment 2023-06-30 05492614 frs-core:MotorVehicles 2024-06-30 05492614 frs-core:MotorVehicles 2023-07-01 2024-06-30 05492614 frs-core:MotorVehicles 2023-06-30 05492614 frs-core:PlantMachinery 2024-06-30 05492614 frs-core:PlantMachinery 2023-07-01 2024-06-30 05492614 frs-core:PlantMachinery 2023-06-30 05492614 frs-core:ShareCapital 2024-06-30 05492614 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 05492614 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05492614 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 05492614 frs-bus:SmallEntities 2023-07-01 2024-06-30 05492614 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05492614 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05492614 frs-bus:Director1 2023-07-01 2024-06-30 05492614 frs-bus:Director2 2023-07-01 2024-06-30 05492614 frs-bus:Director3 2023-07-01 2024-06-30 05492614 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 05492614 frs-countries:EnglandWales 2023-07-01 2024-06-30 05492614 2022-06-30 05492614 2023-06-30 05492614 2022-07-01 2023-06-30 05492614 frs-core:CurrentFinancialInstruments 2023-06-30 05492614 frs-core:ShareCapital 2023-06-30 05492614 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 05492614
John Knowles Builders Ltd
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: 05492614
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,219 44,291
33,219 44,291
CURRENT ASSETS
Debtors 5 4,938 3,810
Cash at bank and in hand 36,503 106,238
41,441 110,048
Creditors: Amounts Falling Due Within One Year 6 (75,405 ) (141,496 )
NET CURRENT ASSETS (LIABILITIES) (33,964 ) (31,448 )
TOTAL ASSETS LESS CURRENT LIABILITIES (745 ) 12,843
NET (LIABILITIES)/ASSETS (745 ) 12,843
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (845 ) 12,743
SHAREHOLDERS' FUNDS (745) 12,843
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 John Knowles
Director
24/03/2025
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
John Knowles Builders Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05492614 . The registered office is 51 St Mary's Road, Tonbridge , Kent, TN9 2LE.
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. Going Concern Disclosure
The validity of the going concern assumption will depend on the continuing support of the directors for the forseable future, together with the ability of the company to continue to trade profitably in the future. On this basis, the director consider it appropriate to prepare the financial statements on the going conern basis. The financial statements do not include any adjustments that would result from a withdrawel of the above support
2.3. 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.
2.4. 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% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 25% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 8,000 103,258 9,306 120,564
As at 30 June 2024 8,000 103,258 9,306 120,564
Depreciation
As at 1 July 2023 7,954 60,161 8,158 76,273
Provided during the period 11 10,774 287 11,072
As at 30 June 2024 7,965 70,935 8,445 87,345
Net Book Value
As at 30 June 2024 35 32,323 861 33,219
As at 1 July 2023 46 43,097 1,148 44,291
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,501 3,810
VAT 1,437 -
4,938 3,810
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,098 1,080
Other taxes and social security 89 162
VAT - 6,031
Accruals and deferred income 1,750 1,750
Directors' loan accounts 70,468 132,473
75,405 141,496
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4