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 09900721 Mr Jon Morton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09900721 2024-01-31 09900721 2025-01-31 09900721 2024-02-01 2025-01-31 09900721 frs-core:CurrentFinancialInstruments 2025-01-31 09900721 frs-core:Non-currentFinancialInstruments 2025-01-31 09900721 frs-core:BetweenOneFiveYears 2025-01-31 09900721 frs-core:ComputerEquipment 2025-01-31 09900721 frs-core:ComputerEquipment 2024-02-01 2025-01-31 09900721 frs-core:ComputerEquipment 2024-01-31 09900721 frs-core:FurnitureFittings 2024-02-01 2025-01-31 09900721 frs-core:MotorVehicles 2025-01-31 09900721 frs-core:MotorVehicles 2024-02-01 2025-01-31 09900721 frs-core:MotorVehicles 2024-01-31 09900721 frs-core:PlantMachinery 2025-01-31 09900721 frs-core:PlantMachinery 2024-02-01 2025-01-31 09900721 frs-core:PlantMachinery 2024-01-31 09900721 frs-core:WithinOneYear 2025-01-31 09900721 frs-core:ShareCapital 2025-01-31 09900721 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 09900721 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09900721 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 09900721 frs-bus:SmallEntities 2024-02-01 2025-01-31 09900721 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 09900721 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 09900721 frs-bus:Director1 2024-02-01 2025-01-31 09900721 frs-countries:EnglandWales 2024-02-01 2025-01-31 09900721 2023-01-31 09900721 2024-01-31 09900721 2023-02-01 2024-01-31 09900721 frs-core:CurrentFinancialInstruments 2024-01-31 09900721 frs-core:Non-currentFinancialInstruments 2024-01-31 09900721 frs-core:BetweenOneFiveYears 2024-01-31 09900721 frs-core:WithinOneYear 2024-01-31 09900721 frs-core:ShareCapital 2024-01-31 09900721 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 09900721
Jon Morton Transport Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09900721
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 147,533 191,586
147,533 191,586
CURRENT ASSETS
Debtors 5 - 27,756
Cash at bank and in hand 21,296 23,871
21,296 51,627
Creditors: Amounts Falling Due Within One Year 6 (153,816 ) (155,871 )
NET CURRENT ASSETS (LIABILITIES) (132,520 ) (104,244 )
TOTAL ASSETS LESS CURRENT LIABILITIES 15,013 87,342
Creditors: Amounts Falling Due After More Than One Year 7 (44,477 ) (102,021 )
NET LIABILITIES (29,464 ) (14,679 )
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account (29,474 ) (14,689 )
SHAREHOLDERS' FUNDS (29,464) (14,679)
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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 Profit and Loss Account.
On behalf of the board
Mr Jon Morton
Director
30/10/2025
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
Jon Morton Transport Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09900721 . The registered office is 16 Green End Road, Earby, Barnoldswick, BB18 6NY.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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%
Motor Vehicles 5%
Fixtures & Fittings 25%
Computer Equipment 33%
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 the profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 2)
1 2
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2024 180 291,245 874 292,299
Disposals - (68,000 ) - (68,000 )
As at 31 January 2025 180 223,245 874 224,299
Depreciation
As at 1 February 2024 180 99,659 874 100,713
Provided during the period - (13,864 ) - (13,864 )
Disposals - (10,083 ) - (10,083 )
As at 31 January 2025 180 75,712 874 76,766
Net Book Value
As at 31 January 2025 - 147,533 - 147,533
As at 1 February 2024 - 191,586 - 191,586
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 27,756
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 121,475 51,694
Trade creditors 9,044 -
Bank loans and overdrafts 19,808 71,891
VAT - 8,996
Directors' loan accounts 3,489 23,290
153,816 155,871
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 78,256
Bank loans 44,477 23,765
44,477 102,021
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8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 121,475 51,694
Later than one year and not later than five years - 78,256
121,475 129,950
121,475 129,950
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
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