Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 06908673 Mr Aaron Keane Mr John Keane Mr Aaron Keane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06908673 2023-08-31 06908673 2024-08-31 06908673 2023-09-01 2024-08-31 06908673 frs-core:Non-currentFinancialInstruments 2024-08-31 06908673 frs-core:BetweenOneFiveYears 2024-08-31 06908673 frs-core:ComputerEquipment 2023-09-01 2024-08-31 06908673 frs-core:MotorVehicles 2023-09-01 2024-08-31 06908673 frs-core:PlantMachinery 2023-09-01 2024-08-31 06908673 frs-core:WithinOneYear 2024-08-31 06908673 frs-core:ShareCapital 2024-08-31 06908673 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 06908673 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06908673 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 06908673 frs-bus:SmallEntities 2023-09-01 2024-08-31 06908673 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06908673 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06908673 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 06908673 frs-bus:OrdinaryShareClass1 2024-08-31 06908673 frs-bus:Director1 2023-09-01 2024-08-31 06908673 frs-bus:Director1 2023-08-31 06908673 frs-bus:Director1 2024-08-31 06908673 frs-bus:Director2 2023-09-01 2024-08-31 06908673 frs-bus:Director2 2023-08-31 06908673 frs-bus:Director2 2024-08-31 06908673 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 06908673 frs-countries:EnglandWales 2023-09-01 2024-08-31 06908673 2022-08-31 06908673 2023-08-31 06908673 2022-09-01 2023-08-31 06908673 frs-core:Non-currentFinancialInstruments 2023-08-31 06908673 frs-core:BetweenOneFiveYears 2023-08-31 06908673 frs-core:MotorVehicles 2022-09-01 2023-08-31 06908673 frs-core:WithinOneYear 2023-08-31 06908673 frs-core:ShareCapital 2023-08-31 06908673 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 06908673 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31
A & J Keane Construction Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 06908673
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 25,460 14,554
25,460 14,554
CURRENT ASSETS
Debtors 28,298 84,869
Cash at bank and in hand 35,009 9,977
63,307 94,846
Creditors: Amounts Falling Due Within One Year (71,247 ) (90,342 )
NET CURRENT ASSETS (LIABILITIES) (7,940 ) 4,504
TOTAL ASSETS LESS CURRENT LIABILITIES 17,520 19,058
Creditors: Amounts Falling Due After More Than One Year (11,646 ) (10,250 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,838 ) (3,638 )
NET ASSETS 1,036 5,170
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 936 5,070
SHAREHOLDERS' FUNDS 1,036 5,170
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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Aaron Keane
Director
Mr John Keane
Director
13 May 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
A & J Keane Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06908673 . The registered office is 2 Mountside, Stanmore, Middlesex, HA7 2DT.
The presentation curreny of the financial statements is the Pound Sterling(£).
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 represents net invoiced sales of services, excluding value added tax in respect of the principal activity of the company which is that of general construction.
Turnover has also been recognised in respect of on-going services with the value of work completed but unbilled at the balance sheet date being taken to turnover and the associated costs, where not invoiced at that date, being accrued for.
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
Motor Vehicles 25% reducing balance
Computer Equipment 50% straight line
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. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 September 2023 27,760
Additions 17,138
Disposals (8,750 )
As at 31 August 2024 36,148
Depreciation
As at 1 September 2023 13,206
Provided during the period 4,156
Disposals (6,674 )
As at 31 August 2024 10,688
Net Book Value
As at 31 August 2024 25,460
As at 1 September 2023 14,554
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 21,433 13,326
Cost or valuation as at 31 August 2024 represented by:
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
At cost 6,928 27,995 1,225 36,148
6,928 27,995 1,225 36,148
5. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 16,844 14,772
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6. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,198 4,522
Later than one year and not later than five years 11,646 10,250
16,844 14,772
16,844 14,772
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Aaron Keane 8,335 62,208 (72,028 ) - (1,485 )
Mr John Keane 6,084 66,296 (72,407 ) - (27 )
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