Acorah Software Products - Accounts Production 16.3.350 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 06439497 Ms Jill Austerberry Mr Martin Flack Ms Jill Austerberry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06439497 2023-11-30 06439497 2024-11-30 06439497 2023-12-01 2024-11-30 06439497 frs-core:CurrentFinancialInstruments 2024-11-30 06439497 frs-core:ComputerEquipment 2024-11-30 06439497 frs-core:ComputerEquipment 2023-12-01 2024-11-30 06439497 frs-core:ComputerEquipment 2023-11-30 06439497 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-30 06439497 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 06439497 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-30 06439497 frs-core:PlantMachinery 2024-11-30 06439497 frs-core:PlantMachinery 2023-12-01 2024-11-30 06439497 frs-core:PlantMachinery 2023-11-30 06439497 frs-core:ShareCapital 2024-11-30 06439497 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 06439497 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 06439497 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 06439497 frs-bus:SmallEntities 2023-12-01 2024-11-30 06439497 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 06439497 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 06439497 frs-bus:Director1 2023-12-01 2024-11-30 06439497 frs-bus:Director2 2023-12-01 2024-11-30 06439497 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 06439497 frs-countries:EnglandWales 2023-12-01 2024-11-30 06439497 2022-11-30 06439497 2023-11-30 06439497 2022-12-01 2023-11-30 06439497 frs-core:CurrentFinancialInstruments 2023-11-30 06439497 frs-core:ShareCapital 2023-11-30 06439497 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 06439497
M. J. F. Leisure Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 06439497
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 86,655 113,759
86,655 113,759
CURRENT ASSETS
Debtors 5 5,555 5,402
Cash at bank and in hand 38,569 178,152
44,124 183,554
Creditors: Amounts Falling Due Within One Year 6 (94,387 ) (61,571 )
NET CURRENT ASSETS (LIABILITIES) (50,263 ) 121,983
TOTAL ASSETS LESS CURRENT LIABILITIES 36,392 235,742
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,942 ) (9,693 )
NET ASSETS 32,450 226,049
CAPITAL AND RESERVES
Called up share capital 7 2 2
Income Statement 32,448 226,047
SHAREHOLDERS' FUNDS 32,450 226,049
Page 1
Page 2
For the year ending 30 November 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 Income Statement.
On behalf of the board
Ms Jill Austerberry
Director
5 June 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
M. J. F. Leisure Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06439497 . The registered office is The Octagon, Wells Road, Ilkley, West Yorkshire, LS29 9JB.
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. Going Concern Disclosure
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue.
2.3. 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.
2.4. 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:
Leasehold Straight line over 15 years
Plant & Machinery Straight line over 5 years
Computer Equipment Straight line over 5 years
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 year 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 asset reflects 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.
2.6. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 5)
4 5
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2023 140,247 329,978 7,272 477,497
Additions - 107 465 572
Disposals (1,386 ) (38,770 ) (592 ) (40,748 )
As at 30 November 2024 138,861 291,315 7,145 437,321
Depreciation
As at 1 December 2023 53,743 305,207 4,788 363,738
Provided during the period 8,738 12,717 1,001 22,456
Disposals (1,171 ) (33,765 ) (592 ) (35,528 )
As at 30 November 2024 61,310 284,159 5,197 350,666
Net Book Value
As at 30 November 2024 77,551 7,156 1,948 86,655
As at 1 December 2023 86,504 24,771 2,484 113,759
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 5,555 5,402
5,555 5,402
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,777 1,794
Other creditors 16,464 14,099
Taxation and social security 75,146 45,678
94,387 61,571
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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