Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 01639460 Mr James Pollard J A Pollard true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01639460 2022-12-31 01639460 2023-12-31 01639460 2023-01-01 2023-12-31 01639460 frs-core:CurrentFinancialInstruments 2023-12-31 01639460 frs-core:FurnitureFittings 2023-01-01 2023-12-31 01639460 frs-core:LandBuildings 2023-12-31 01639460 frs-core:LandBuildings 2023-01-01 2023-12-31 01639460 frs-core:LandBuildings 2022-12-31 01639460 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 01639460 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01639460 frs-core:MotorVehicles 2023-01-01 2023-12-31 01639460 frs-core:PlantMachinery 2023-12-31 01639460 frs-core:PlantMachinery 2023-01-01 2023-12-31 01639460 frs-core:PlantMachinery 2022-12-31 01639460 frs-core:CapitalRedemptionReserve 2023-12-31 01639460 frs-core:RevaluationReserve 2022-12-31 01639460 frs-core:RevaluationReserve 2023-12-31 01639460 frs-core:ShareCapital 2023-12-31 01639460 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 01639460 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01639460 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 01639460 frs-bus:SmallEntities 2023-01-01 2023-12-31 01639460 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01639460 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 01639460 1 2023-01-01 2023-12-31 01639460 frs-bus:Director1 2023-01-01 2023-12-31 01639460 frs-countries:EnglandWales 2023-01-01 2023-12-31 01639460 2021-12-31 01639460 2022-12-31 01639460 2022-01-01 2022-12-31 01639460 frs-core:CurrentFinancialInstruments 2022-12-31 01639460 frs-core:CapitalRedemptionReserve 2022-12-31 01639460 frs-core:RevaluationReserve 2022-12-31 01639460 frs-core:ShareCapital 2022-12-31 01639460 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 01639460
Fort Jason Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01639460
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 523,280 562,170
523,280 562,170
CURRENT ASSETS
Stocks 5 159,790 159,009
Debtors 6 182,518 205,929
Cash at bank and in hand 2,752,825 2,710,840
3,095,133 3,075,778
Creditors: Amounts Falling Due Within One Year 7 (94,718 ) (106,296 )
NET CURRENT ASSETS (LIABILITIES) 3,000,415 2,969,482
TOTAL ASSETS LESS CURRENT LIABILITIES 3,523,695 3,531,652
NET ASSETS 3,523,695 3,531,652
CAPITAL AND RESERVES
Called up share capital 8 4,000 4,000
Revaluation reserve 9 502,091 502,091
Capital redemption reserve 2,000 2,000
Profit and Loss Account 3,015,604 3,023,561
SHAREHOLDERS' FUNDS 3,523,695 3,531,652
Page 1
Page 2
For the year 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 James Pollard
Director
15/08/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Fort Jason Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01639460 . The registered office is Unit 1, Stourvale Industrial Estate, Banners Lane, Halesowen,West Midlands, B63 2AX.
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. 
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:
Freehold 4% on cost
Plant & Machinery 10% on cost
Motor Vehicles 25% on cost
Fixtures & Fittings 20% on cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 
Cost is calculated using the first-in, first-out methood and includes all purchase, transport and handling costs in bringing stocks to their present location and condition.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date
Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2022: 20)
19 20
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4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 January 2023 658,953 612,486 1,271,439
Additions - 1,464 1,464
As at 31 December 2023 658,953 613,950 1,272,903
Depreciation
As at 1 January 2023 135,606 573,663 709,269
Provided during the period 24,358 15,996 40,354
As at 31 December 2023 159,964 589,659 749,623
Net Book Value
As at 31 December 2023 498,989 24,291 523,280
As at 1 January 2023 523,347 38,823 562,170
Included in cost or valuation of land and buildings is freehold land of £50,000 (2022 - £50,000) which is not depreciated
Cost or valuation as at 31 December 2023 represented by:
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
At cost 8,953 389,484 112,064 112,402 622,903
At valuation 650,000 - - - 650,000
658,953 389,484 112,064 112,402 1,272,903
Freehold land and buildings were valued on an open market basis on 4th July 2016 by John Emms Commercial
If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:
Land & Property
Freehold
£
Cost 390,027
Accumulated depreciation and impairment 332,863
Carrying amount 57,164
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5. Stocks
2023 2022
£ £
Stock 114,124 117,091
Raw materials 24,700 33,586
Work in progress 20,966 8,332
159,790 159,009
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 162,797 192,907
Other debtors 19,721 13,022
182,518 205,929
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 28,171 38,413
Other creditors 15,950 14,439
Taxation and social security 50,597 53,444
94,718 106,296
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 4,000 4,000
9. Reserves
Revaluation Reserve
£
As at 1 January 2023 502,091
As at 31 December 2023 502,091
10. Ultimate Controlling Party
The company's ultimate controlling party is J A Pollard by virtue of his ownership of 100% of the issued share capital in the company.
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