Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 04341053 Mr A D Tompkins Mrs Y J Tompkins Mrs Y J Tompkins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04341053 2023-03-31 04341053 2024-03-31 04341053 2023-04-01 2024-03-31 04341053 frs-core:CurrentFinancialInstruments 2024-03-31 04341053 frs-core:ComputerEquipment 2024-03-31 04341053 frs-core:ComputerEquipment 2023-04-01 2024-03-31 04341053 frs-core:ComputerEquipment 2023-03-31 04341053 frs-core:ShareCapital 2024-03-31 04341053 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04341053 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04341053 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 04341053 frs-bus:SmallEntities 2023-04-01 2024-03-31 04341053 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04341053 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04341053 frs-bus:Director1 2023-04-01 2024-03-31 04341053 frs-bus:Director2 2023-04-01 2024-03-31 04341053 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 04341053 frs-countries:EnglandWales 2023-04-01 2024-03-31 04341053 2022-03-31 04341053 2023-03-31 04341053 2022-04-01 2023-03-31 04341053 frs-core:CurrentFinancialInstruments 2023-03-31 04341053 frs-core:ShareCapital 2023-03-31 04341053 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 04341053
Jewelstaff Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Deans
Gibson House Hurricane Court
Hurricane Close
Stafford
ST16 1GZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04341053
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 267 533
267 533
CURRENT ASSETS
Debtors 5 8,530 6,583
Cash at bank and in hand 115,969 99,734
124,499 106,317
Creditors: Amounts Falling Due Within One Year 6 (29,316 ) (26,048 )
NET CURRENT ASSETS (LIABILITIES) 95,183 80,269
TOTAL ASSETS LESS CURRENT LIABILITIES 95,450 80,802
NET ASSETS 95,450 80,802
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 95,350 80,702
SHAREHOLDERS' FUNDS 95,450 80,802
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 A D Tompkins
Director
10 October 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
Jewelstaff Limited is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the probisions of section 1a "Small Entities" and the Companies Act 2006.  The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.  The policies adopted for the recognition of turnover are as follows:
Sale of goods
When the outcome of a transaction can be estimated reliably, fee income from consultancy is recognised by refernce to the stage of completion at the balance sheet date.
Interst receivable
Interest income is recognised using the effecive interest method.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.  Cost includes costs directly attributeable to making the asset capable of operating as intended.  Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Computer Equipment Straight Line over 3 years
2.4. 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 tax
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 assesments in periods different from those in which they aare 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.
2.5. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 800
As at 31 March 2024 800
Depreciation
As at 1 April 2023 267
Provided during the period 266
As at 31 March 2024 533
Net Book Value
As at 31 March 2024 267
As at 1 April 2023 533
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,765 6,000
Prepayments and accrued income 988 583
Other debtors 777 -
8,530 6,583
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 20,813 11,410
VAT 7,113 12,526
Accruals and deferred income 1,078 1,000
Directors' loan accounts 312 1,112
29,316 26,048
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4