Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05609520 A S Gordon J A Oliver iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05609520 2023-03-31 05609520 2024-03-31 05609520 2023-04-01 2024-03-31 05609520 frs-core:Non-currentFinancialInstruments 2024-03-31 05609520 frs-core:ComputerEquipment 2023-04-01 2024-03-31 05609520 frs-core:FurnitureFittings 2023-04-01 2024-03-31 05609520 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05609520 frs-core:PlantMachinery 2023-04-01 2024-03-31 05609520 frs-core:RevaluationReserve 2023-03-31 05609520 frs-core:RevaluationReserve 2024-03-31 05609520 frs-core:ShareCapital 2024-03-31 05609520 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05609520 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05609520 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 05609520 frs-bus:SmallEntities 2023-04-01 2024-03-31 05609520 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05609520 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05609520 frs-bus:Director1 2023-04-01 2024-03-31 05609520 frs-bus:Director2 2023-04-01 2024-03-31 05609520 frs-countries:EnglandWales 2023-04-01 2024-03-31 05609520 2022-03-31 05609520 2023-03-31 05609520 2022-04-01 2023-03-31 05609520 frs-core:Non-currentFinancialInstruments 2023-03-31 05609520 frs-core:RevaluationReserve 2023-03-31 05609520 frs-core:ShareCapital 2023-03-31 05609520 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05609520
J Marine Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 05609520
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,208,497 7,108,716
7,208,497 7,108,716
CURRENT ASSETS
Stocks 12,000 15,000
Debtors 212,895 210,476
Cash at bank and in hand 421,339 571,188
646,234 796,664
Creditors: Amounts Falling Due Within One Year (460,852 ) (517,906 )
NET CURRENT ASSETS (LIABILITIES) 185,382 278,758
TOTAL ASSETS LESS CURRENT LIABILITIES 7,393,879 7,387,474
Creditors: Amounts Falling Due After More Than One Year (5,714,642 ) (5,755,666 )
NET ASSETS 1,679,237 1,631,808
CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Revaluation reserve 6 2,562,288 2,562,288
Profit and Loss Account (884,051 ) (931,480 )
SHAREHOLDERS' FUNDS 1,679,237 1,631,808
Page 1
Page 2
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.
All of the company's members have consented to the preparation of 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
J A Oliver
Director
01/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Revaluation took place July-21 by Savills

J Marine Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05609520 . The registered office is 12 Darley Abbey Mills, Darley Abbey, Derby, DE22 1DZ.
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:
Freehold NA
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on 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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 8)
9 8
Page 3
Page 4
4. Tangible Assets
Total
£
Cost
As at 1 April 2023 7,171,002
Additions 114,558
As at 31 March 2024 7,285,560
Depreciation
As at 1 April 2023 62,286
Provided during the period 14,777
As at 31 March 2024 77,063
Net Book Value
As at 31 March 2024 7,208,497
As at 1 April 2023 7,108,716
Included within Land & Property Freehold is a revalutation that took place in June 2021
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
6. Reserves
Revaluation Reserve
£
As at 1 April 2023 2,562,288
As at 31 March 2024 2,562,288
Page 4