Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 24 September 2024 1 April 2023 31 March 2024 31 March 2024 07128762 Mr Matthew Diskin Mr John O'Neill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07128762 2023-03-31 07128762 2024-03-31 07128762 2023-04-01 2024-03-31 07128762 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07128762 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07128762 frs-core:ShareCapital 2024-03-31 07128762 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07128762 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07128762 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 07128762 frs-bus:SmallEntities 2023-04-01 2024-03-31 07128762 frs-bus:Audited 2023-04-01 2024-03-31 07128762 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07128762 frs-bus:Director1 2023-04-01 2024-03-31 07128762 frs-bus:Director2 2023-04-01 2024-03-31 07128762 frs-countries:EnglandWales 2023-04-01 2024-03-31 07128762 2022-03-31 07128762 2023-03-31 07128762 2022-04-01 2023-03-31 07128762 frs-core:ShareCapital 2023-03-31 07128762 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07128762
JHA Architecture Ltd
ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 07128762
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 41,720 51,426
41,720 51,426
CURRENT ASSETS
Stocks 4,862 6,000
Debtors 614,909 606,244
Cash at bank and in hand 33,740 33,268
653,511 645,512
Creditors: Amounts Falling Due Within One Year (422,426 ) (433,848 )
NET CURRENT ASSETS (LIABILITIES) 231,085 211,664
TOTAL ASSETS LESS CURRENT LIABILITIES 272,805 263,090
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,430 ) -
NET ASSETS 262,375 263,090
CAPITAL AND RESERVES
Called up share capital 4 1,000 1,000
Profit and Loss Account 261,375 262,090
SHAREHOLDERS' FUNDS 262,375 263,090
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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
Mr Matthew Diskin
Director
23/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
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.
1.3. 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 WDV 25%
Computer Equipment Straight line at 33%/15%/20%.
1.4. 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.
1.5. 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.
1.6. 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.
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1.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 11 (2023: 11)
11 11
3. Tangible Assets
Total
£
Cost
As at 1 April 2023 119,109
Additions 11,543
Disposals (39,596 )
As at 31 March 2024 91,056
Depreciation
As at 1 April 2023 67,683
Provided during the period 21,249
Disposals (39,596 )
As at 31 March 2024 49,336
Net Book Value
As at 31 March 2024 41,720
As at 1 April 2023 51,426
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
5. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £1,224 (2023: £1,340) were due to the fund. They are included in Other Creditors.
6. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
7. Audit Information
The auditors report on the account of JHA Architecture Ltd for the year ended 31 March 2024 was unqualified
The auditor's report was signed by Nicholas Mark Hume FCA (Senior Statutory Auditor) for and on behalf of Xeinadin Audit , Statutory Auditor
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8. General Information
JHA Architecture Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07128762 . The registered office is West Suite, Second Floor, Unit F, South Quay, Lakeside Boulevard, Doncaster, DN4 5PL.
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