Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 08393427 Mr Jolyon Holland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08393427 2024-01-31 08393427 2025-01-31 08393427 2024-02-01 2025-01-31 08393427 frs-core:CurrentFinancialInstruments 2025-01-31 08393427 frs-core:ComputerEquipment 2025-01-31 08393427 frs-core:ComputerEquipment 2024-02-01 2025-01-31 08393427 frs-core:ComputerEquipment 2024-01-31 08393427 frs-core:PlantMachinery 2025-01-31 08393427 frs-core:PlantMachinery 2024-02-01 2025-01-31 08393427 frs-core:PlantMachinery 2024-01-31 08393427 frs-core:ShareCapital 2025-01-31 08393427 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 08393427 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 08393427 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 08393427 frs-bus:SmallEntities 2024-02-01 2025-01-31 08393427 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 08393427 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 08393427 frs-bus:Director1 2024-02-01 2025-01-31 08393427 frs-bus:Director1 2024-01-31 08393427 frs-bus:Director1 2025-01-31 08393427 frs-countries:EnglandWales 2024-02-01 2025-01-31 08393427 2023-01-31 08393427 2024-01-31 08393427 2023-02-01 2024-01-31 08393427 frs-core:CurrentFinancialInstruments 2024-01-31 08393427 frs-core:ShareCapital 2024-01-31 08393427 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 08393427
Joev Construction Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08393427
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,027 7,132
8,027 7,132
CURRENT ASSETS
Debtors 5 4,595 4,128
Cash at bank and in hand 11,623 7,787
16,218 11,915
Creditors: Amounts Falling Due Within One Year 6 (22,539 ) (19,979 )
NET CURRENT ASSETS (LIABILITIES) (6,321 ) (8,064 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,706 (932 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,690 ) (1,472 )
NET ASSETS/(LIABILITIES) 16 (2,404 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 15 (2,405 )
SHAREHOLDERS' FUNDS 16 (2,404)
Page 1
Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Jolyon Holland
Director
20th April 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
Joev Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08393427 . The registered office is Gate House, Capel Grove, Capel St Mary, Suffolk, IP9 2JS.
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, excluding discounts, rebates, value added tax and other sales taxes.
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 15% reducing balance
Computer Equipment 15% 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.
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: 2 (2024: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 February 2024 20,684 2,918 23,602
Additions 832 1,480 2,312
As at 31 January 2025 21,516 4,398 25,914
Depreciation
As at 1 February 2024 15,019 1,451 16,470
Provided during the period 975 442 1,417
As at 31 January 2025 15,994 1,893 17,887
Net Book Value
As at 31 January 2025 5,522 2,505 8,027
As at 1 February 2024 5,665 1,467 7,132
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,769 2,769
Other debtors 1,826 1,359
4,595 4,128
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 2,422 1,217
Taxation and social security 20,117 18,762
22,539 19,979
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Mr Jolyon Holland (91 ) 61,910 (60,680 ) - 1,139
The above loan is unsecured, interest free and repayable on demand.
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