Acorah Software Products - Accounts Production 14.5.601 false true false 22 December 2022 31 December 2023 31 December 2023 14554101 Mr Samuel Dillon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14554101 2022-12-21 14554101 2023-12-31 14554101 2022-12-22 2023-12-31 14554101 frs-core:ComputerEquipment 2023-12-31 14554101 frs-core:ComputerEquipment 2022-12-22 2023-12-31 14554101 frs-core:ComputerEquipment 2022-12-21 14554101 frs-core:ShareCapital 2023-12-31 14554101 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14554101 frs-bus:PrivateLimitedCompanyLtd 2022-12-22 2023-12-31 14554101 frs-bus:FilletedAccounts 2022-12-22 2023-12-31 14554101 frs-bus:SmallEntities 2022-12-22 2023-12-31 14554101 frs-bus:AuditExemptWithAccountantsReport 2022-12-22 2023-12-31 14554101 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-22 2023-12-31 14554101 frs-bus:OrdinaryShareClass2 2022-12-22 2023-12-31 14554101 frs-bus:OrdinaryShareClass2 2023-12-31 14554101 frs-bus:Director1 2022-12-22 2023-12-31 14554101 frs-countries:EnglandWales 2022-12-22 2023-12-31
Registered number: 14554101
SJD Management Solutions Ltd
Financial Statements
For the Period 22 December 2022 to 31 December 2023
Apple Accountancy Limited
Chartered Certified Accountants
5 Holyrood Street
Newport
Isle of Wight
PO30 5AU
Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of SJD Management Solutions Ltd For the Period 22 December 2022 to 31 December 2023
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of SJD Management Solutions Ltd 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 us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of SJD Management Solutions Ltd , as a body, in accordance with the terms of our engagement letter dated 30 March 2023. Our work has been undertaken solely to prepare for your approval the accounts of SJD Management Solutions Ltd and state those matters that we have agreed to state to the director of SJD Management Solutions Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SJD Management Solutions Ltd and its director as a body for our work or for this report.
It is your duty to ensure that SJD Management Solutions 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 SJD Management Solutions Ltd . You consider that SJD Management Solutions Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of SJD Management Solutions 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.
Signed
22nd April 2024
Apple Accountancy Limited
Chartered Certified Accountants
5 Holyrood Street
Newport
Isle of Wight
PO30 5AU
Page 1
Page 2
Balance Sheet
Registered number: 14554101
31 December 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,180
1,180
CURRENT ASSETS
Debtors 3,482
Cash at bank and in hand 35,459
38,941
Creditors: Amounts Falling Due Within One Year (13,297 )
NET CURRENT ASSETS (LIABILITIES) 25,644
TOTAL ASSETS LESS CURRENT LIABILITIES 26,824
NET ASSETS 26,824
CAPITAL AND RESERVES
Called up share capital 5 10
Profit and Loss Account 26,814
SHAREHOLDERS' FUNDS 26,824
Page 2
Page 3
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 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 Samuel Dillon
Director
1st May 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
SJD Management Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14554101 . The registered office is 5 Holyrood Street, Newport, Isle of Wight, PO30 5AU.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Computer Equipment 33% Straight line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
Page 4
Page 5
4. Tangible Assets
Computer Equipment
£
Cost
As at 22 December 2022 -
Additions 1,770
As at 31 December 2023 1,770
Depreciation
As at 22 December 2022 -
Provided during the period 590
As at 31 December 2023 590
Net Book Value
As at 31 December 2023 1,180
As at 22 December 2022 -
5. Share Capital
31 December 2023
Allotted, called up and fully paid £
100 Ordinary A shares of £ 0.10 each 10
Shares issued during the period: £
100 Ordinary A shares of £ 0.10 each 10
Page 5