Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11270959 Mr Steven Summers Mr John Reynolds iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11270959 2023-03-31 11270959 2024-03-31 11270959 2023-04-01 2024-03-31 11270959 frs-core:CurrentFinancialInstruments 2024-03-31 11270959 frs-core:ShareCapital 2024-03-31 11270959 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11270959 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11270959 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11270959 frs-bus:SmallEntities 2023-04-01 2024-03-31 11270959 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11270959 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11270959 frs-bus:Director1 2023-04-01 2024-03-31 11270959 frs-bus:Director2 2023-04-01 2024-03-31 11270959 frs-countries:EnglandWales 2023-04-01 2024-03-31 11270959 2022-03-31 11270959 2023-03-31 11270959 2022-04-01 2023-03-31 11270959 frs-core:CurrentFinancialInstruments 2023-03-31 11270959 frs-core:ShareCapital 2023-03-31 11270959 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11270959
Jq Sloane Street Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Certius Professional Services Limited
Chartered Tax Advisers - Certified Practising Accountants
Bayside Business Centre
48 Willis Way
Poole
Dorset
BH15 3TB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11270959
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 152 234
Cash at bank and in hand 3,280 3,434
3,432 3,668
Creditors: Amounts Falling Due Within One Year 5 (152,939 ) (152,262 )
NET CURRENT ASSETS (LIABILITIES) (149,507 ) (148,594 )
TOTAL ASSETS LESS CURRENT LIABILITIES (149,507 ) (148,594 )
NET LIABILITIES (149,507 ) (148,594 )
CAPITAL AND RESERVES
Called up share capital 6 10 10
Profit and Loss Account (149,517 ) (148,604 )
SHAREHOLDERS' FUNDS (149,507) (148,594)
Page 1
Page 2
For the year ending 31 March 2024 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 Steven Summers
Director
30th July 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
Jq Sloane Street Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11270959 . The registered office is C/O Certius, Bayside Business Centre, Sovereign Business Park, 48 Willis Way, Poole, Dorset, BH15 3TB.
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. Financial Instruments
The Company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial
instruments.

Financial liabilities
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow Group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method
2.3. 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 year 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.
...CONTINUED
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2.3. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Debtors
2024 2023
£ £
Due within one year
VAT 152 234
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1,048 ) 367
Corporation tax 132,895 150,895
Other creditors 20,300 -
Accruals and deferred income 792 1,000
152,939 152,262
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
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