Acorah Software Products - Accounts Production 15.0.600 false true true 30 April 2023 28 April 2022 false 1 May 2023 31 March 2024 31 March 2024 14075377 Mr N Attwell Miss J Burtrand iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14075377 2023-04-30 14075377 2024-03-31 14075377 2023-05-01 2024-03-31 14075377 frs-core:Non-currentFinancialInstruments 2024-03-31 14075377 frs-core:FurnitureFittings 2023-05-01 2024-03-31 14075377 frs-core:ShareCapital 2024-03-31 14075377 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14075377 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-03-31 14075377 frs-bus:AbridgedAccounts 2023-05-01 2024-03-31 14075377 frs-bus:SmallEntities 2023-05-01 2024-03-31 14075377 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-03-31 14075377 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-03-31 14075377 frs-bus:OrdinaryShareClass1 2023-05-01 2024-03-31 14075377 frs-bus:OrdinaryShareClass1 2024-03-31 14075377 frs-bus:Director1 2023-05-01 2024-03-31 14075377 frs-bus:Director2 2023-05-01 2024-03-31 14075377 frs-countries:EnglandWales 2023-05-01 2024-03-31 14075377 2022-04-27 14075377 2023-04-30 14075377 2022-04-28 2023-04-30 14075377 frs-core:Non-currentFinancialInstruments 2023-04-30 14075377 frs-core:ShareCapital 2023-04-30 14075377 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 14075377 frs-bus:OrdinaryShareClass1 2022-04-28 2023-04-30
Registered number: 14075377
JAA Limited
Unaudited ABRIDGED Financial Statements
For the Period 1 May 2023 to 31 March 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 14075377
31 March 2024 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 12,096 -
Investment Properties 6 292,637 -
304,733 -
CURRENT ASSETS
Debtors 640 -
Cash at bank and in hand 12,810 100
13,450 100
Creditors: Amounts Falling Due Within One Year (115,902 ) -
NET CURRENT ASSETS (LIABILITIES) (102,452 ) 100
TOTAL ASSETS LESS CURRENT LIABILITIES 202,281 100
Creditors: Amounts Falling Due After More Than One Year (211,894 ) -
NET (LIABILITIES)/ASSETS (9,613 ) 100
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (9,713 ) -
SHAREHOLDERS' FUNDS (9,613) 100
Page 1
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For the period 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Miss J Burtrand
Director
15/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
JAA Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14075377 . The registered office is 5 Meadow View, Needham Market, Ipswich, Suffolk, IP6 8RH.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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% Straight line method
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. 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.
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.
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 assets reflect 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 period was: 2 (2023: 2)
2 2
4. Interest Payable and Similar Charges
31 March 2024 30 April 2023
£ £
Bank loans and overdrafts 2,264 -
Other finance charges 150 -
2,414 -
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Page 4
5. Tangible Assets
Total
£
Cost
As at 1 May 2023 -
Additions 12,096
As at 31 March 2024 12,096
Net Book Value
As at 31 March 2024 12,096
As at 1 May 2023 -
6. Investment Property
31 March 2024
£
Fair Value
As at 1 May 2023 -
Additions 292,637
As at 31 March 2024 292,637
7. Share Capital
31 March 2024 30 April 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
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