Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 SC601943 Mr Robert Ross iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC601943 2023-07-31 SC601943 2024-07-31 SC601943 2023-08-01 2024-07-31 SC601943 frs-core:CurrentFinancialInstruments 2024-07-31 SC601943 frs-core:Non-currentFinancialInstruments 2024-07-31 SC601943 frs-core:ShareCapital 2024-07-31 SC601943 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC601943 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC601943 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 SC601943 frs-bus:SmallEntities 2023-08-01 2024-07-31 SC601943 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC601943 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 SC601943 frs-bus:Director1 2023-08-01 2024-07-31 SC601943 frs-countries:Scotland 2023-08-01 2024-07-31 SC601943 2022-07-31 SC601943 2023-07-31 SC601943 2022-08-01 2023-07-31 SC601943 frs-core:CurrentFinancialInstruments 2023-07-31 SC601943 frs-core:Non-currentFinancialInstruments 2023-07-31 SC601943 frs-core:ShareCapital 2023-07-31 SC601943 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: SC601943
JVR Investments Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC601943
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 265,000 265,000
265,000 265,000
CURRENT ASSETS
Cash at bank and in hand 1,450 3,193
1,450 3,193
Creditors: Amounts Falling Due Within One Year 5 (36,312 ) (32,939 )
NET CURRENT ASSETS (LIABILITIES) (34,862 ) (29,746 )
TOTAL ASSETS LESS CURRENT LIABILITIES 230,138 235,254
Creditors: Amounts Falling Due After More Than One Year 6 (228,265 ) (228,337 )
NET ASSETS 1,873 6,917
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 1,872 6,916
SHAREHOLDERS' FUNDS 1,873 6,917
Page 1
Page 2
For the year ending 31 July 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
Mr Robert Ross
Director
7th 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
JVR Investments Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC601943 . The registered office is Suite 1.09, Red Tree Magenta, 270 Glasgow Road, Glasgow, G73 1UZ.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 August 2023 and 31 July 2024 265,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 4,952 4,952
Other creditors 31,360 27,987
36,312 32,939
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 128,265 128,337
Other creditors 100,000 100,000
228,265 228,337
Page 3
Page 4
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4