Acorah Software Products - Accounts Production 15.0.600 false true false 7 February 2023 29 February 2024 29 February 2024 14644593 Mr Jordan Beale Ms Isabelle Miller iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14644593 2023-02-06 14644593 2024-02-29 14644593 2023-02-07 2024-02-29 14644593 frs-core:CurrentFinancialInstruments 2024-02-29 14644593 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-02-07 2024-02-29 14644593 frs-core:OtherResidualIntangibleAssets 2024-02-29 14644593 frs-core:OtherResidualIntangibleAssets 2023-02-07 2024-02-29 14644593 frs-core:OtherResidualIntangibleAssets 2023-02-06 14644593 frs-core:ShareCapital 2024-02-29 14644593 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 14644593 frs-bus:PrivateLimitedCompanyLtd 2023-02-07 2024-02-29 14644593 frs-bus:FilletedAccounts 2023-02-07 2024-02-29 14644593 frs-bus:SmallEntities 2023-02-07 2024-02-29 14644593 frs-bus:AuditExempt-NoAccountantsReport 2023-02-07 2024-02-29 14644593 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-07 2024-02-29 14644593 frs-bus:Director1 2023-02-07 2024-02-29 14644593 frs-bus:Director2 2023-02-07 2024-02-29 14644593 frs-countries:EnglandWales 2023-02-07 2024-02-29
Registered number: 14644593
Jaylee Enterprises Ltd
Unaudited Financial Statements
For the Period 7 February 2023 to 29 February 2024
Smooth Accounting
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14644593
29 February 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 440
440
CURRENT ASSETS
Debtors 5 2,546
Cash at bank and in hand 1,579
4,125
Creditors: Amounts Falling Due Within One Year 6 (3,927 )
NET CURRENT ASSETS (LIABILITIES) 198
TOTAL ASSETS LESS CURRENT LIABILITIES 638
NET ASSETS 638
CAPITAL AND RESERVES
Called up share capital 7 10
Profit and Loss Account 628
SHAREHOLDERS' FUNDS 638
For the period ending 29 February 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 Jordan Beale
Director
31/10/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Jaylee Enterprises Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14644593 . The registered office is C/O Smooth Accounting Limited, Building 1000 Lakeside North Harbour, Western Road, Portsmouth, PO6 3EN.
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. 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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Trademarks. They are not amortised but the useful life of the asset is assessed annually. 
2.4. Financial Instruments
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Page 2
Page 3
2.5. Taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Intangible Assets
Other Intangible Assets
£
Cost
As at 7 February 2023 -
Additions 440
As at 29 February 2024 440
Net Book Value
As at 29 February 2024 440
As at 7 February 2023 -
5. Debtors
29 February 2024
£
Due within one year
Other debtors 2,546
6. Creditors: Amounts Falling Due Within One Year
29 February 2024
£
Trade creditors (1 )
Other creditors 3,770
Taxation and social security 158
3,927
7. Share Capital
29 February 2024
£
Allotted, Called up and fully paid 10
Page 3