Acorah Software Products - Accounts Production 14.5.601 false true 30 June 2022 1 July 2021 false 1 July 2022 30 June 2023 30 June 2023 SC600417 Mr Jane MacDowall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC600417 2022-06-30 SC600417 2023-06-30 SC600417 2022-07-01 2023-06-30 SC600417 frs-core:CurrentFinancialInstruments 2023-06-30 SC600417 frs-core:ComputerEquipment 2023-06-30 SC600417 frs-core:ComputerEquipment 2022-07-01 2023-06-30 SC600417 frs-core:ComputerEquipment 2022-06-30 SC600417 frs-core:FurnitureFittings 2023-06-30 SC600417 frs-core:FurnitureFittings 2022-07-01 2023-06-30 SC600417 frs-core:FurnitureFittings 2022-06-30 SC600417 frs-core:ShareCapital 2023-06-30 SC600417 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 SC600417 frs-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 SC600417 frs-bus:FilletedAccounts 2022-07-01 2023-06-30 SC600417 frs-bus:SmallEntities 2022-07-01 2023-06-30 SC600417 frs-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 SC600417 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 SC600417 frs-bus:Director1 2022-07-01 2023-06-30 SC600417 frs-countries:Scotland 2022-07-01 2023-06-30 SC600417 2021-06-30 SC600417 2022-06-30 SC600417 2021-07-01 2022-06-30 SC600417 frs-core:CurrentFinancialInstruments 2022-06-30 SC600417 frs-core:ShareCapital 2022-06-30 SC600417 frs-core:RetainedEarningsAccumulatedLosses 2022-06-30
Registered number: SC600417
Jane Macdowall Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2023
Christies
Dalgety Bay Business Centre
Sybrig House
Ridge Way
Dalgety Bay
KY11 9JN
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC600417
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 360 483
360 483
CURRENT ASSETS
Debtors 5 3,158 4,267
Cash at bank and in hand 47,149 38,009
50,307 42,276
Creditors: Amounts Falling Due Within One Year 6 (10,319 ) (8,747 )
NET CURRENT ASSETS (LIABILITIES) 39,988 33,529
TOTAL ASSETS LESS CURRENT LIABILITIES 40,348 34,012
NET ASSETS 40,348 34,012
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 40,248 33,912
SHAREHOLDERS' FUNDS 40,348 34,012
Page 1
Page 2
For the year ending 30 June 2023 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 Jane MacDowall
Director
11/10/2023
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
Jane Macdowall Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC600417 . The registered office is Room 3 Ridge Way, Hillend, Dunfermline, KY11 9JN.
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:
Fixtures & Fittings 20% Reducing balance
Computer Equipment 33% Straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 July 2022 - 1,449 1,449
Additions 183 319 502
As at 30 June 2023 183 1,768 1,951
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 July 2022 - 966 966
Provided during the period 37 588 625
As at 30 June 2023 37 1,554 1,591
Net Book Value
As at 30 June 2023 146 214 360
As at 1 July 2022 - 483 483
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,410 3,519
Other taxes and social security 748 748
3,158 4,267
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 927 2,537
Corporation tax 1,881 1,580
Net wages 1,950 -
Accruals and deferred income 860 860
Director's loan account 4,701 3,770
10,319 8,747
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4