Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 01277163 Mrs J Stuart Mr J Stuart iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01277163 2023-12-31 01277163 2024-12-31 01277163 2024-01-01 2024-12-31 01277163 frs-core:CurrentFinancialInstruments 2024-12-31 01277163 frs-core:Non-currentFinancialInstruments 2024-12-31 01277163 frs-core:BetweenOneFiveYears 2024-12-31 01277163 frs-core:FurnitureFittings 2024-12-31 01277163 frs-core:FurnitureFittings 2024-01-01 2024-12-31 01277163 frs-core:FurnitureFittings 2023-12-31 01277163 frs-core:MotorVehicles 2024-12-31 01277163 frs-core:MotorVehicles 2024-01-01 2024-12-31 01277163 frs-core:MotorVehicles 2023-12-31 01277163 frs-core:PlantMachinery 2024-12-31 01277163 frs-core:PlantMachinery 2024-01-01 2024-12-31 01277163 frs-core:PlantMachinery 2023-12-31 01277163 frs-core:WithinOneYear 2024-12-31 01277163 frs-core:ShareCapital 2024-12-31 01277163 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01277163 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01277163 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01277163 frs-bus:SmallEntities 2024-01-01 2024-12-31 01277163 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01277163 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01277163 frs-bus:Director1 2024-01-01 2024-12-31 01277163 frs-bus:Director2 2024-01-01 2024-12-31 01277163 frs-countries:EnglandWales 2024-01-01 2024-12-31 01277163 2022-12-31 01277163 2023-12-31 01277163 2023-01-01 2023-12-31 01277163 frs-core:CurrentFinancialInstruments 2023-12-31 01277163 frs-core:Non-currentFinancialInstruments 2023-12-31 01277163 frs-core:BetweenOneFiveYears 2023-12-31 01277163 frs-core:WithinOneYear 2023-12-31 01277163 frs-core:ShareCapital 2023-12-31 01277163 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 01277163
J. Stuart (Agricultural Contractors) Limited
Financial Statements
For The Year Ended 31 December 2024
Stubbs Parkin
55 Hoghton Street
Southport
Merseyside
PR9 0PG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01277163
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 158,700 179,852
158,700 179,852
CURRENT ASSETS
Stocks 5 2,734 4,333
Debtors 6 8,153 10,417
Cash at bank and in hand 11,021 732
21,908 15,482
Creditors: Amounts Falling Due Within One Year 7 (254,063 ) (224,152 )
NET CURRENT ASSETS (LIABILITIES) (232,155 ) (208,670 )
TOTAL ASSETS LESS CURRENT LIABILITIES (73,455 ) (28,818 )
Creditors: Amounts Falling Due After More Than One Year 8 (26,686 ) (46,626 )
NET LIABILITIES (100,141 ) (75,444 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (100,241 ) (75,544 )
SHAREHOLDERS' FUNDS (100,141) (75,444)
Page 1
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For the year ending 31 December 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 J Stuart
Director
3rd May 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
J. Stuart (Agricultural Contractors) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01277163 . The registered office is Balcarres Farm, Crawford, Upholland, Wigan, WN8 9QP. 
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.
The company's functional and presentational currency is GBP and no level of rounding has been used in the preparation of the financial statements.
2.2. Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities
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 10% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 10% reducing balance
2.4. 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.
2.5. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 6)
6 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 443,340 68,109 3,916 515,365
As at 31 December 2024 443,340 68,109 3,916 515,365
Depreciation
As at 1 January 2024 285,656 46,987 2,870 335,513
Provided during the period 15,768 5,280 104 21,152
As at 31 December 2024 301,424 52,267 2,974 356,665
Net Book Value
As at 31 December 2024 141,916 15,842 942 158,700
As at 1 January 2024 157,684 21,122 1,046 179,852
5. Stocks
2024 2023
£ £
Stock 2,734 4,333
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,153 10,417
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,372 11,914
Trade creditors 72,195 38,363
Bank loans and overdrafts 5,000 5,000
Other loans 9,470 28,179
Other creditors 76,242 71,027
Taxation and social security 85,784 69,669
254,063 224,152
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,693 8,106
Bank loans 23,993 29,050
Other loans - 9,470
26,686 46,626
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,372 11,914
Later than one year and not later than five years 2,693 8,106
8,065 20,020
8,065 20,020
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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