Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 10865304 Mr Jack Merrifield iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10865304 2022-07-31 10865304 2023-07-31 10865304 2022-08-01 2023-07-31 10865304 frs-core:CurrentFinancialInstruments 2023-07-31 10865304 frs-core:FurnitureFittings 2023-07-31 10865304 frs-core:FurnitureFittings 2022-08-01 2023-07-31 10865304 frs-core:FurnitureFittings 2022-07-31 10865304 frs-core:ShareCapital 2023-07-31 10865304 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 10865304 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10865304 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 10865304 frs-bus:SmallEntities 2022-08-01 2023-07-31 10865304 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 10865304 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 10865304 frs-bus:Director1 2022-08-01 2023-07-31 10865304 frs-countries:EnglandWales 2022-08-01 2023-07-31 10865304 2021-07-31 10865304 2022-07-31 10865304 2021-08-01 2022-07-31 10865304 frs-core:CurrentFinancialInstruments 2022-07-31 10865304 frs-core:ShareCapital 2022-07-31 10865304 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 10865304
Jack Merrifield Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Collins & Collins Ltd
Honeycombe House
167-169 High Road
Loughton
Essex
IG10 4LF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10865304
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 488 574
488 574
CURRENT ASSETS
Debtors 5 948 -
Cash at bank and in hand 861 862
1,809 862
Creditors: Amounts Falling Due Within One Year 6 (2,029 ) (1,611 )
NET CURRENT ASSETS (LIABILITIES) (220 ) (749 )
TOTAL ASSETS LESS CURRENT LIABILITIES 268 (175 )
NET ASSETS/(LIABILITIES) 268 (175 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 168 (275 )
SHAREHOLDERS' FUNDS 268 (175)
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Page 2
For the year ending 31 July 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 Jack Merrifield
Director
23/04/2024
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
Jack Merrifield Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10865304 . The registered office is 31 Grange Court, Upper Park, Loughton, Essex, IG10 4QY.
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 15% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
1 1
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 August 2022 1,293
As at 31 July 2023 1,293
Depreciation
As at 1 August 2022 719
Provided during the period 86
As at 31 July 2023 805
Net Book Value
As at 31 July 2023 488
As at 1 August 2022 574
5. Debtors
2023 2022
£ £
Due within one year
Director's loan account 948 -
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 589 589
Accruals and deferred income 1,440 960
Director's loan account - 62
2,029 1,611
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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