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 13302220 Mr Daniel Copestake Mr Lee Hidson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13302220 2023-03-31 13302220 2024-03-31 13302220 2023-04-01 2024-03-31 13302220 frs-core:CurrentFinancialInstruments 2024-03-31 13302220 frs-core:MotorVehicles 2024-03-31 13302220 frs-core:MotorVehicles 2023-04-01 2024-03-31 13302220 frs-core:MotorVehicles 2023-03-31 13302220 frs-core:PlantMachinery 2024-03-31 13302220 frs-core:PlantMachinery 2023-04-01 2024-03-31 13302220 frs-core:PlantMachinery 2023-03-31 13302220 frs-core:ShareCapital 2024-03-31 13302220 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13302220 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13302220 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13302220 frs-bus:SmallEntities 2023-04-01 2024-03-31 13302220 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13302220 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13302220 frs-bus:Director1 2023-04-01 2024-03-31 13302220 frs-bus:Director2 2023-04-01 2024-03-31 13302220 frs-countries:EnglandWales 2023-04-01 2024-03-31 13302220 2022-03-31 13302220 2023-03-31 13302220 2022-04-01 2023-03-31 13302220 frs-core:CurrentFinancialInstruments 2023-03-31 13302220 frs-core:ShareCapital 2023-03-31 13302220 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13302220
JAYDEN LEWIS GROUP LIMITED
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13302220
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 40,469 52,169
40,469 52,169
CURRENT ASSETS
Stocks 5 6,200 5,700
Debtors 6 46,393 36,832
Cash at bank and in hand 107,150 50,650
159,743 93,182
Creditors: Amounts Falling Due Within One Year 7 (161,473 ) (115,256 )
NET CURRENT ASSETS (LIABILITIES) (1,730 ) (22,074 )
TOTAL ASSETS LESS CURRENT LIABILITIES 38,739 30,095
NET ASSETS 38,739 30,095
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 38,729 30,085
SHAREHOLDERS' FUNDS 38,739 30,095
Page 1
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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 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 Daniel Copestake
Director
21/10/2024
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
JAYDEN LEWIS GROUP LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13302220 . The registered office is Business and Technology Centre, Bessemer Drive, Stevenage, Hertfordshire, SG1 2DX.
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. 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.
2.3. 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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
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 includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 6)
6 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2023 4,647 66,750 71,397
Disposals 1,790 - 1,790
As at 31 March 2024 6,437 66,750 73,187
Depreciation
As at 1 April 2023 1,162 18,066 19,228
Provided during the period 1,319 12,171 13,490
As at 31 March 2024 2,481 30,237 32,718
Net Book Value
As at 31 March 2024 3,956 36,513 40,469
As at 1 April 2023 3,485 48,684 52,169
5. Stocks
2024 2023
£ £
Stock 6,200 5,700
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 38,698 36,832
Other debtors 7,695 -
46,393 36,832
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 36,534 4,999
Corporation tax 31,424 8,583
Other taxes and social security 2,140 -
VAT 17,585 8,260
Accruals and deferred income 1,246 1,927
Directors' loan accounts 72,544 91,487
161,473 115,256
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
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