Acorah Software Products - Accounts Production 14.5.601 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 07102160 Mr Matthew Jones Mr Peter Hargreaves Mr Matthew Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07102160 2022-12-31 07102160 2023-12-31 07102160 2023-01-01 2023-12-31 07102160 frs-core:CurrentFinancialInstruments 2023-12-31 07102160 frs-core:Non-currentFinancialInstruments 2023-12-31 07102160 frs-core:ComputerEquipment 2023-12-31 07102160 frs-core:ComputerEquipment 2023-01-01 2023-12-31 07102160 frs-core:ComputerEquipment 2022-12-31 07102160 frs-core:FurnitureFittings 2023-12-31 07102160 frs-core:FurnitureFittings 2023-01-01 2023-12-31 07102160 frs-core:FurnitureFittings 2022-12-31 07102160 frs-core:PlantMachinery 2023-01-01 2023-12-31 07102160 frs-core:ShareCapital 2023-12-31 07102160 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07102160 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07102160 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07102160 frs-bus:SmallEntities 2023-01-01 2023-12-31 07102160 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07102160 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07102160 frs-bus:Director1 2023-01-01 2023-12-31 07102160 frs-bus:Director2 2023-01-01 2023-12-31 07102160 frs-bus:Director3 2023-01-01 2023-12-31 07102160 frs-core:CurrentFinancialInstruments 2 2023-12-31 07102160 frs-countries:EnglandWales 2023-01-01 2023-12-31 07102160 2021-12-31 07102160 2022-12-31 07102160 2022-01-01 2022-12-31 07102160 frs-core:CurrentFinancialInstruments 2022-12-31 07102160 frs-core:Non-currentFinancialInstruments 2022-12-31 07102160 frs-core:ShareCapital 2022-12-31 07102160 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 07102160 frs-core:CurrentFinancialInstruments 2 2022-12-31
Registered number: 07102160
Jones Hargreaves (UK) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Xeinadin South Wales & West Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07102160
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 26,719 8,738
26,719 8,738
CURRENT ASSETS
Debtors 5 2,419,698 1,513,743
Cash at bank and in hand 556,268 100,413
2,975,966 1,614,156
Creditors: Amounts Falling Due Within One Year 6 (1,675,292 ) (900,069 )
NET CURRENT ASSETS (LIABILITIES) 1,300,674 714,087
TOTAL ASSETS LESS CURRENT LIABILITIES 1,327,393 722,825
Creditors: Amounts Falling Due After More Than One Year 7 (70,833 ) (120,833 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (6,680 ) (1,660 )
NET ASSETS 1,249,880 600,332
CAPITAL AND RESERVES
Called up share capital 9 90 90
Profit and Loss Account 1,249,790 600,242
SHAREHOLDERS' FUNDS 1,249,880 600,332
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 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 Matthew Jones
Director
Mr Peter Hargreaves
Director
Mr Matthew Williams
Director
05/06/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Jones Hargreaves (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07102160 . The registered office is 5th Floor, 16 - 17 Little Portland Street, London, W1W 8BP.
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 comprises the invoiced value of goods and services supplied by the company and net of Value Added Tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Plant & Machinery 25% reducing balance basis
Fixtures & Fittings 25% reducing balance basis
Computer Equipment 33% straight line basis
2.4. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Sales, marketing and distribution 28 17
28 17
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 8,847 26,936 35,783
Additions 14,529 9,998 24,527
As at 31 December 2023 23,376 36,934 60,310
Depreciation
As at 1 January 2023 8,129 18,916 27,045
Provided during the period 1,528 5,018 6,546
As at 31 December 2023 9,657 23,934 33,591
Net Book Value
As at 31 December 2023 13,719 13,000 26,719
As at 1 January 2023 718 8,020 8,738
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,416,608 821,621
Prepayments and accrued income 115,413 56,000
Other debtors 887,677 635,966
Net wages - 156
2,419,698 1,513,743
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 91,708 159,233
Bank loans and overdrafts 50,000 50,000
Corporation tax 492,356 204,165
Other taxes and social security 156,702 75,057
VAT 240,816 116,649
Other creditors 587,799 279,951
Credit Card 15,909 14,367
Directors' loan accounts 40,002 647
1,675,292 900,069
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 70,833 120,833
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2023 2022
£ £
Other timing differences 6,680 1,660
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 90 90
Page 4
Page 5
10. Related Party Transactions
The Directors were voted dividends during the year totalling £902,349 (2022: £768,045).
As at the balance sheet date, the company owed the directors £40,002 (2022: £647).
At the balance sheet date, Jones William Nottingham Limited, a commonly owned company, owed the company £743,868 (2022: £603,868).
At the balance sheet date, Jones William Melin Corrwg Limited, a commonly owned company, owed the company £1,440 (2022: £1,440). 
At the balance sheet date, JWJBR Investments Ltd, a commonly owned company, owed the company £500.
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