Acorah Software Products - Accounts Production 19.2.450 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 03719495 Mr J Fieldhouse Mrs D Fieldhouse iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03719495 2025-02-28 03719495 2026-02-28 03719495 2025-03-01 2026-02-28 03719495 frs-core:CurrentFinancialInstruments 2026-02-28 03719495 frs-core:ComputerEquipment 2026-02-28 03719495 frs-core:ComputerEquipment 2025-03-01 2026-02-28 03719495 frs-core:ComputerEquipment 2025-02-28 03719495 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-01 2026-02-28 03719495 frs-core:FurnitureFittings 2026-02-28 03719495 frs-core:FurnitureFittings 2025-03-01 2026-02-28 03719495 frs-core:FurnitureFittings 2025-02-28 03719495 frs-core:NetGoodwill 2026-02-28 03719495 frs-core:NetGoodwill 2025-03-01 2026-02-28 03719495 frs-core:NetGoodwill 2025-02-28 03719495 frs-core:MotorVehicles 2026-02-28 03719495 frs-core:MotorVehicles 2025-03-01 2026-02-28 03719495 frs-core:MotorVehicles 2025-02-28 03719495 frs-core:OtherResidualIntangibleAssets 2026-02-28 03719495 frs-core:OtherResidualIntangibleAssets 2025-02-28 03719495 frs-core:PlantMachinery 2026-02-28 03719495 frs-core:PlantMachinery 2025-03-01 2026-02-28 03719495 frs-core:PlantMachinery 2025-02-28 03719495 frs-core:ShareCapital 2026-02-28 03719495 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 03719495 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 03719495 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 03719495 frs-bus:SmallEntities 2025-03-01 2026-02-28 03719495 frs-bus:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 03719495 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 03719495 frs-bus:Director1 2025-03-01 2026-02-28 03719495 frs-bus:CompanySecretary1 2025-03-01 2026-02-28 03719495 frs-countries:EnglandWales 2025-03-01 2026-02-28 03719495 2024-02-29 03719495 2025-02-28 03719495 2024-03-01 2025-02-28 03719495 frs-core:CurrentFinancialInstruments 2025-02-28 03719495 frs-core:ShareCapital 2025-02-28 03719495 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 03719495
J F Plastics Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Crag & Co
First Floor, Embsay Mill
Embsay
Skipton
North Yorkshire
BD23 6QR
J F Plastics Ltd
Contents
Contents

| Page
--- | ---
Accountant's Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—7

Page 1
J F Plastics Ltd
Accountant's Report
For The Year Ended 28 February 2026
Accountant's Report
Chartered Accountant's report to the director on the preparation of the unaudited statutory accounts of J F Plastics Ltd for the year ended 28 February 2026
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of J F Plastics Ltd for the year ended 28 February 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of J F Plastics Ltd , as a body, in accordance with the terms of our engagement letter dated 13 November 2023. Our work has been undertaken solely to prepare for your approval the accounts of J F Plastics Ltd and state those matters that we have agreed to state to the director of J F Plastics Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J F Plastics Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that J F Plastics Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of J F Plastics Ltd . You consider that J F Plastics Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of J F Plastics Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

22/05/2026

Crag & Co
Chartered Accountants & Chartered Tax Advisers
First Floor, Embsay Mill
Embsay
Skipton
North Yorkshire
BD23 6QR
Page 1
Page 2
J F Plastics Ltd
Balance Sheet
As At 28 February 2026
Balance Sheet
Registered number: 03719495

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 1,392 |  | 1,392
Tangible Assets | 5 |  | 91,953 |  | 85,124
|  |  | 93,345 |  | 86,516
CURRENT ASSETS
Stocks | 6 | 186,198 |  | 180,941 |
Debtors | 7 | 740,603 |  | 878,677 |
Cash at bank and in hand |  | 1,098,988 |  | 1,106,029 |
|  | 2,025,789 |  | 2,165,647 |
Creditors: Amounts Falling Due Within One Year | 8 | (973,115 ) |  | (1,126,004 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,052,674 |  | 1,039,643
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,146,019 |  | 1,126,159
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (22,988 ) |  | (21,280 )
NET ASSETS |  |  | 1,123,031 |  | 1,104,879
CAPITAL AND RESERVES
Called up share capital | 10 |  | 108 |  | 108
Profit and Loss Account |  |  | 1,122,923 |  | 1,104,771
SHAREHOLDERS' FUNDS |  |  | 1,123,031 |  | 1,104,879

Page 2
Page 3
J F Plastics Ltd
Balance Sheet (continued)
As At 28 February 2026
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Fieldhouse Director
22/05/2026

The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
J F Plastics Ltd
Notes to the Financial Statements
For The Year Ended 28 February 2026
Notes to the Financial Statements
1. General Information
J F Plastics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03719495 . The registered office is 15 Astley Lane Industrial Estate, Swillington, Leeds, LS26 8XT.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business (in 2003) and the fair value of the separable net assets. It is amortised to profit and loss account evenly over its estimated useful life of fifteen years.
The company is adopting a conservative approach to amortisation and it writing the amount off over the remaining working life of John Fieldhouse. The policy has been adopted despite the fact a third party approaching the business valued goodwill at higher than the carrying amount in the accounts.
The goodwill is being amortised over fifteen years on a straight line basis. As at the Balance Sheet date the goodwill had been fully amortised.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are initally measured at cost. The Company deem the Patents and Licences to have an indefinite life therefore no amortisation is applied.
2.5. 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% on reducing balance
Motor Vehicles | 25% on cost
Fixtures & Fittings | 10% on reducing balance
Computer Equipment | 25% on cost

2.6. 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.
Page 4
Page 5
J F Plastics Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
2.7. Stocks and Work in Progress
Stocks 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.
2.8. 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.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with when related service is provided.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2025: 16)
15 16
4. Intangible Assets

| Goodwill | Other | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 March 2025 | 306,926 | 1,392 | 308,318
As at 28 February 2026 | 306,926 | 1,392 | 308,318
Amortisation
As at 1 March 2025 | 306,926 | - | 306,926
As at 28 February 2026 | 306,926 | - | 306,926
Net Book Value
As at 28 February 2026 | - | 1,392 | 1,392
As at 1 March 2025 | - | 1,392 | 1,392

Page 5
Page 6
J F Plastics Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
5. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 March 2025 | 162,785 | 89,348 | 20,831 | 5,054 | 278,018
Additions | 6,260 | 84,082 | - | 3,614 | 93,956
Disposals | - | (122,786 ) | - | (1,915 ) | (124,701 )
As at 28 February 2026 | 169,045 | 50,644 | 20,831 | 6,753 | 247,273
Depreciation
As at 1 March 2025 | 115,961 | 60,213 | 14,095 | 2,625 | 192,894
Provided during the period | 5,210 | 19,203 | 676 | 1,266 | 26,355
Disposals | - | (62,014 ) | - | (1,915 ) | (63,929 )
As at 28 February 2026 | 121,171 | 17,402 | 14,771 | 1,976 | 155,320
Net Book Value
As at 28 February 2026 | 47,874 | 33,242 | 6,060 | 4,777 | 91,953
As at 1 March 2025 | 46,824 | 29,135 | 6,736 | 2,429 | 85,124

6. Stocks

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Stock | 186,198 |  | 180,941

7. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 729,694 |  | 859,594
Other debtors | 10,909 |  | 19,083
| 740,603 |  | 878,677

8. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 221,648 |  | 435,128
Other creditors | 386,673 |  | 334,139
Taxation and social security | 364,794 |  | 356,737
| 973,115 |  | 1,126,004

10. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 108 |  | 108

Page 6
Page 7
J F Plastics Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
11. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £10,371 (2025: £9,517).
At the balance sheet date unpaid contributions of £623 (2025: £623) were due to the fund. They are included in Other Creditors.
12. Related Party Transactions
Mr J Fieldhouse owns 11 shares in the company and is the company Director, Mr Fieldhouse is considered to be the ultimate controlling party as he has control over the day to day running of the business.
J F Plastics EOT Trustess Ltd owns 78 shares in the company and is considered a related party. J F Plastics EOT Trustee Ltd was incorporated 23rd September 2021, purchasing 78 Ordinary Shares in J F Plastics Ltd.
Page 7