Acorah Software Products - Accounts Production 14.5.601 false true false 2 December 2022 31 December 2023 31 December 2023 14520056 Mr Jonathan Jones Mr Timothy Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14520056 2022-12-01 14520056 2023-12-31 14520056 2022-12-02 2023-12-31 14520056 frs-core:CurrentFinancialInstruments 2023-12-31 14520056 frs-core:Non-currentFinancialInstruments 2023-12-31 14520056 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-31 14520056 frs-core:InvestmentPropertyIncludedWithinPPE 2022-12-01 14520056 frs-core:ShareCapital 2023-12-31 14520056 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14520056 frs-bus:PrivateLimitedCompanyLtd 2022-12-02 2023-12-31 14520056 frs-bus:FilletedAccounts 2022-12-02 2023-12-31 14520056 frs-bus:SmallEntities 2022-12-02 2023-12-31 14520056 frs-bus:AuditExempt-NoAccountantsReport 2022-12-02 2023-12-31 14520056 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-02 2023-12-31 14520056 frs-bus:Director1 2022-12-02 2023-12-31 14520056 frs-bus:Director2 2022-12-02 2023-12-31 14520056 frs-countries:EnglandWales 2022-12-02 2023-12-31
Registered number: 14520056
Jade Pond Ltd
Unaudited Financial Statements
For the Period 2 December 2022 to 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14520056
31 December 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 195,000
195,000
CURRENT ASSETS
Debtors 5 640
Cash at bank and in hand 639
1,279
Creditors: Amounts Falling Due Within One Year 6 (88,324 )
NET CURRENT ASSETS (LIABILITIES) (87,045 )
TOTAL ASSETS LESS CURRENT LIABILITIES 107,955
Creditors: Amounts Falling Due After More Than One Year 7 (70,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,372 )
NET ASSETS 29,583
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account 29,483
SHAREHOLDERS' FUNDS 29,583
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For the period ending 31 December 2023 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 Jonathan Jones
Director
03/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Jade Pond Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14520056 . The registered office is 24 Trethannas Gardens, Praze, Cornwall, TR14 0LJ.
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, excluding discounts, rebates, value added tax or other similar sales taxes.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property is based on director's valuations and has not been based on a valuation by an independent valuer with a professional qualification. No depreciation is provided for. 
Changes in fair value are recognised in the profit and loss account.
2.4. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 2 December 2022 -
Additions 131,973
Revaluation 63,027
As at 31 December 2023 195,000
Net Book Value
As at 31 December 2023 195,000
As at 2 December 2022 -
5. Debtors
31 December 2023
£
Due within one year
Trade debtors 540
Other debtors 100
640
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6. Creditors: Amounts Falling Due Within One Year
31 December 2023
£
Other creditors 10,266
Accruals and deferred income 192
Directors' loan accounts 77,866
88,324
7. Creditors: Amounts Falling Due After More Than One Year
31 December 2023
£
Other creditors 70,000
70,000
8. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 100
9. Related Party Transactions
At 31st December 2023 Jade Pond Ltd owed £80,000 to Somersault Cloud Ltd, a company in which Mr J Jones is a director and shareholder. The loan is interest bearing at 4% and is repayable in yearly instalments with the remaining capital amount repayable on 15th December 2031.
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