Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 11497045 Mr Stephen John Mr Terry John iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11497045 2023-08-31 11497045 2024-08-31 11497045 2023-09-01 2024-08-31 11497045 frs-core:CurrentFinancialInstruments 2024-08-31 11497045 frs-core:Non-currentFinancialInstruments 2024-08-31 11497045 frs-core:BetweenOneFiveYears 2024-08-31 11497045 frs-core:ComputerEquipment 2024-08-31 11497045 frs-core:ComputerEquipment 2023-09-01 2024-08-31 11497045 frs-core:ComputerEquipment 2023-08-31 11497045 frs-core:NetGoodwill 2024-08-31 11497045 frs-core:NetGoodwill 2023-09-01 2024-08-31 11497045 frs-core:NetGoodwill 2023-08-31 11497045 frs-core:PlantMachinery 2024-08-31 11497045 frs-core:PlantMachinery 2023-09-01 2024-08-31 11497045 frs-core:PlantMachinery 2023-08-31 11497045 frs-core:WithinOneYear 2024-08-31 11497045 frs-core:ShareCapital 2024-08-31 11497045 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11497045 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11497045 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11497045 frs-bus:SmallEntities 2023-09-01 2024-08-31 11497045 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11497045 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11497045 frs-bus:Director1 2023-09-01 2024-08-31 11497045 frs-bus:Director2 2023-09-01 2024-08-31 11497045 frs-core:CurrentFinancialInstruments 1 2024-08-31 11497045 frs-countries:EnglandWales 2023-09-01 2024-08-31 11497045 2022-08-31 11497045 2023-08-31 11497045 2022-09-01 2023-08-31 11497045 frs-core:CurrentFinancialInstruments 2023-08-31 11497045 frs-core:Non-currentFinancialInstruments 2023-08-31 11497045 frs-core:BetweenOneFiveYears 2023-08-31 11497045 frs-core:WithinOneYear 2023-08-31 11497045 frs-core:ShareCapital 2023-08-31 11497045 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 11497045 frs-core:CurrentFinancialInstruments 1 2023-08-31
Registered number: 11497045
Johns Travel Ltd.
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11497045
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 10,000 15,000
Tangible Assets 5 283,021 206,820
293,021 221,820
CURRENT ASSETS
Debtors 6 28,245 47,677
Cash at bank and in hand 244,247 114,029
272,492 161,706
Creditors: Amounts Falling Due Within One Year 7 (131,633 ) (77,125 )
NET CURRENT ASSETS (LIABILITIES) 140,859 84,581
TOTAL ASSETS LESS CURRENT LIABILITIES 433,880 306,401
Creditors: Amounts Falling Due After More Than One Year 8 (176,861 ) (142,744 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (70,755 ) (39,296 )
NET ASSETS 186,264 124,361
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 186,164 124,261
SHAREHOLDERS' FUNDS 186,264 124,361
Page 1
Page 2
For the year ending 31 August 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 Stephen John
Director
4 April 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Johns Travel Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 11497045 . The registered office is Mortymer Business Park , Barleyfield Way, Nantyglo, Ebbw Vale , NP23 4LU.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 4 years.
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 20% Reducing Balance
Computer Equipment 25% Reducing Balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2023: 15)
14 15
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 20,000
As at 31 August 2024 20,000
Amortisation
As at 1 September 2023 5,000
Provided during the period 5,000
As at 31 August 2024 10,000
Net Book Value
As at 31 August 2024 10,000
As at 1 September 2023 15,000
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 289,311 1,173 290,484
Additions 182,000 - 182,000
Disposals (35,000 ) - (35,000 )
As at 31 August 2024 436,311 1,173 437,484
Depreciation
As at 1 September 2023 83,177 487 83,664
Provided during the period 70,627 172 70,799
As at 31 August 2024 153,804 659 154,463
Net Book Value
As at 31 August 2024 282,507 514 283,021
As at 1 September 2023 206,134 686 206,820
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 38,808
VAT 28,245 8,869
28,245 47,677
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 97,866 52,041
Trade creditors - 1
Corporation tax 21,836 12,048
Other taxes and social security 756 738
Net wages 2,878 2,607
Other creditors 179 149
Other creditors (1) 1,277 300
Accruals and deferred income 500 500
Directors' loan accounts 6,341 8,741
131,633 77,125
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 176,861 142,744
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 97,866 52,041
Later than one year and not later than five years 176,861 142,744
274,727 194,785
274,727 194,785
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5