Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 09755061 R L Jones J M Brittain iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09755061 2023-09-30 09755061 2024-09-30 09755061 2023-10-01 2024-09-30 09755061 frs-core:CurrentFinancialInstruments 2024-09-30 09755061 frs-core:ComputerEquipment 2024-09-30 09755061 frs-core:ComputerEquipment 2023-10-01 2024-09-30 09755061 frs-core:ComputerEquipment 2023-09-30 09755061 frs-core:PlantMachinery 2024-09-30 09755061 frs-core:PlantMachinery 2023-10-01 2024-09-30 09755061 frs-core:PlantMachinery 2023-09-30 09755061 frs-core:ShareCapital 2024-09-30 09755061 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 09755061 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09755061 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 09755061 frs-bus:SmallEntities 2023-10-01 2024-09-30 09755061 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09755061 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09755061 frs-bus:Director1 2023-10-01 2024-09-30 09755061 frs-bus:Director2 2023-10-01 2024-09-30 09755061 frs-core:CurrentFinancialInstruments 1 2024-09-30 09755061 frs-core:CurrentFinancialInstruments 2 2024-09-30 09755061 frs-countries:EnglandWales 2023-10-01 2024-09-30 09755061 2022-09-30 09755061 2023-09-30 09755061 2022-10-01 2023-09-30 09755061 frs-core:CurrentFinancialInstruments 2023-09-30 09755061 frs-core:ShareCapital 2023-09-30 09755061 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 09755061 frs-core:CurrentFinancialInstruments 1 2023-09-30 09755061 frs-core:CurrentFinancialInstruments 2 2023-09-30
Registered number: 09755061
R L Jones Industries Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09755061
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,786 3,277
2,786 3,277
CURRENT ASSETS
Stocks 5 293,000 169,600
Debtors 6 85,805 196,945
Cash at bank and in hand 240,604 272,067
619,409 638,612
Creditors: Amounts Falling Due Within One Year 7 (416,717 ) (233,131 )
NET CURRENT ASSETS (LIABILITIES) 202,692 405,481
TOTAL ASSETS LESS CURRENT LIABILITIES 205,478 408,758
PROVISIONS FOR LIABILITIES
Deferred Taxation (529 ) (622 )
NET ASSETS 204,949 408,136
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 204,948 408,135
SHAREHOLDERS' FUNDS 204,949 408,136
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For the year ending 30 September 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
R L Jones
Director
03/04/2025
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
R L Jones Industries Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09755061 . The registered office is Suite K, Priest House, 1624 High Street , Knowle, Solihull, West Midlands, B93 0JU.
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 25% reducing balance
Computer Equipment 33% on cost
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 on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 6 (2023: 5)
6 5
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 6,089 4,923 11,012
Additions - 1,641 1,641
As at 30 September 2024 6,089 6,564 12,653
Depreciation
As at 1 October 2023 5,277 2,458 7,735
Provided during the period 203 1,929 2,132
As at 30 September 2024 5,480 4,387 9,867
Net Book Value
As at 30 September 2024 609 2,177 2,786
As at 1 October 2023 812 2,465 3,277
5. Stocks
2024 2023
£ £
Stock 293,000 169,600
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 46,160 182,482
VAT 16,445 14,463
Amounts owed by group undertakings 23,200 -
85,805 196,945
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 162,798 38,977
Corporation tax 120,119 172,665
Social security and other taxes 49,413 18,431
Other creditors 3,777 741
Accrued expenses 1,460 1,445
Customer deposits 79,150 -
Directors' loan accounts - 872
416,717 233,131
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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