Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11042787 James Brennan Nicola Rose iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11042787 2023-03-31 11042787 2024-03-31 11042787 2023-04-01 2024-03-31 11042787 frs-core:CurrentFinancialInstruments 2024-03-31 11042787 frs-core:FurnitureFittings 2024-03-31 11042787 frs-core:FurnitureFittings 2023-04-01 2024-03-31 11042787 frs-core:FurnitureFittings 2023-03-31 11042787 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 11042787 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11042787 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 11042787 frs-core:ShareCapital 2024-03-31 11042787 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11042787 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11042787 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11042787 frs-bus:SmallEntities 2023-04-01 2024-03-31 11042787 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11042787 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11042787 frs-bus:Director1 2023-04-01 2024-03-31 11042787 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 11042787 frs-countries:EnglandWales 2023-04-01 2024-03-31 11042787 2022-03-31 11042787 2023-03-31 11042787 2022-04-01 2023-03-31 11042787 frs-core:CurrentFinancialInstruments 2023-03-31 11042787 frs-core:ShareCapital 2023-03-31 11042787 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11042787
Jaranza (UK) Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Sestini & Co Ltd.
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11042787
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 466,114 651,503
466,114 651,503
CURRENT ASSETS
Debtors 5 1,425 1,174
Cash at bank and in hand 281,226 34,156
282,651 35,330
Creditors: Amounts Falling Due Within One Year 6 (709,813 ) (698,938 )
NET CURRENT ASSETS (LIABILITIES) (427,162 ) (663,608 )
TOTAL ASSETS LESS CURRENT LIABILITIES 38,952 (12,105 )
NET ASSETS/(LIABILITIES) 38,952 (12,105 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 38,852 (12,205 )
SHAREHOLDERS' FUNDS 38,952 (12,105)
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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 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
James Brennan
Director
8 October 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
Jaranza (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11042787 . The registered office is 18 Berther Road, Hornchurch, Essex, RM11 3HS.
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. Significant judgements and estimations
There were no critical accounting estimates or judgements required in the preparation of these financial statements in the current or prior year.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. 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 over 40 years on a reducing balance basis
Fixtures & Fittings Over 4 yrs. straight line
2.5. Financial Instruments
The entity has only entered into basic financial instruments. Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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2.6. 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 year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 693,935 140 694,075
Additions - 1,038 1,038
Disposals (193,350 ) - (193,350 )
As at 31 March 2024 500,585 1,178 501,763
Depreciation
As at 1 April 2023 42,467 105 42,572
Provided during the period 4,624 294 4,918
Disposals (11,841 ) - (11,841 )
As at 31 March 2024 35,250 399 35,649
Net Book Value
As at 31 March 2024 465,335 779 466,114
As at 1 April 2023 651,468 35 651,503
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,020 910
Prepayments and accrued income 405 264
1,425 1,174
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,524 2,837
Corporation tax 12,987 595
Other creditors 694,102 694,354
Accruals and deferred income 1,200 1,152
709,813 698,938
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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