Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 08242933 Mr J Flynn Mrs S Flynn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08242933 2024-01-31 08242933 2025-01-31 08242933 2024-02-01 2025-01-31 08242933 frs-core:CurrentFinancialInstruments 2025-01-31 08242933 frs-core:Non-currentFinancialInstruments 2025-01-31 08242933 frs-core:BetweenOneFiveYears 2025-01-31 08242933 frs-core:ComputerEquipment 2025-01-31 08242933 frs-core:ComputerEquipment 2024-02-01 2025-01-31 08242933 frs-core:ComputerEquipment 2024-01-31 08242933 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 08242933 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 08242933 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 08242933 frs-core:MotorVehicles 2025-01-31 08242933 frs-core:MotorVehicles 2024-02-01 2025-01-31 08242933 frs-core:MotorVehicles 2024-01-31 08242933 frs-core:PlantMachinery 2025-01-31 08242933 frs-core:PlantMachinery 2024-02-01 2025-01-31 08242933 frs-core:PlantMachinery 2024-01-31 08242933 frs-core:WithinOneYear 2025-01-31 08242933 frs-core:ShareCapital 2025-01-31 08242933 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 08242933 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 08242933 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 08242933 frs-bus:SmallEntities 2024-02-01 2025-01-31 08242933 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 08242933 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 08242933 frs-bus:Director1 2024-02-01 2025-01-31 08242933 frs-bus:Director2 2024-02-01 2025-01-31 08242933 frs-countries:EnglandWales 2024-02-01 2025-01-31 08242933 2023-01-31 08242933 2024-01-31 08242933 2023-02-01 2024-01-31 08242933 frs-core:CurrentFinancialInstruments 2024-01-31 08242933 frs-core:Non-currentFinancialInstruments 2024-01-31 08242933 frs-core:BetweenOneFiveYears 2024-01-31 08242933 frs-core:WithinOneYear 2024-01-31 08242933 frs-core:ShareCapital 2024-01-31 08242933 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 08242933
J P Flynn Construction Limited
Financial Statements
For The Year Ended 31 January 2025
Affinity Associates (AU) Limited
Suite A, First Floor, Building 1
Eurogate Business Park, Trinity Road
Ashford
Kent
TN24 8XW
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 08242933
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 358,409 299,765
358,409 299,765
CURRENT ASSETS
Debtors 5 1,974,180 1,334,215
Cash at bank and in hand 233,504 389,366
2,207,684 1,723,581
Creditors: Amounts Falling Due Within One Year 6 (374,495 ) (252,430 )
NET CURRENT ASSETS (LIABILITIES) 1,833,189 1,471,151
TOTAL ASSETS LESS CURRENT LIABILITIES 2,191,598 1,770,916
Creditors: Amounts Falling Due After More Than One Year 7 (30,175 ) (37,153 )
NET ASSETS 2,161,423 1,733,763
CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement 2,161,421 1,733,761
SHAREHOLDERS' FUNDS 2,161,423 1,733,763
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 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
Mr J Flynn
Director
10 October 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
J P Flynn Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08242933 . The registered office is Aldworth Bromley Green Road, Ruckinge, Ashford, Kent, TN26 2EG.
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.
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:
Freehold 50% Straight Line
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Computer Equipment 20% 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 income statement 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 the income statement 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 5)
4 5
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2024 35,706 385,727 150,450 9,504 581,387
Additions - 129,664 18,500 - 148,164
As at 31 January 2025 35,706 515,391 168,950 9,504 729,551
Depreciation
As at 1 February 2024 35,706 194,381 48,143 3,392 281,622
Provided during the period - 64,201 24,161 1,158 89,520
As at 31 January 2025 35,706 258,582 72,304 4,550 371,142
Net Book Value
As at 31 January 2025 - 256,809 96,646 4,954 358,409
As at 1 February 2024 - 191,346 102,307 6,112 299,765
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 18,103
Amounts owed by group undertakings 1,268,339 815,000
Amounts owed by participating interests 634,245 458,036
Other debtors 71,596 43,076
1,974,180 1,334,215
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,978 11,196
Trade creditors 171,382 57,201
Other creditors 29,293 8,598
Taxation and social security 166,842 175,435
374,495 252,430
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 30,175 37,153
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Page 5
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,978 11,196
Later than one year and not later than five years 30,175 37,153
37,153 48,349
37,153 48,349
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
The company was owed £634,245 (2024 - £458,036) by J P Flynn Property Management Ltd of which Mr J P Flynn and Mrs S Flynn are directors.
The company was owed £ 1,268,339 (2024 - £815,000) by J P Flynn Holdings Ltd of which Mr J P Flynn is a director.
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