Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 07225134 Benjamin Naylor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07225134 2023-04-30 07225134 2024-04-30 07225134 2023-05-01 2024-04-30 07225134 frs-core:CurrentFinancialInstruments 2024-04-30 07225134 frs-core:Non-currentFinancialInstruments 2024-04-30 07225134 frs-core:BetweenOneFiveYears 2024-04-30 07225134 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 07225134 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 07225134 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 07225134 frs-core:MotorVehicles 2024-04-30 07225134 frs-core:MotorVehicles 2023-05-01 2024-04-30 07225134 frs-core:MotorVehicles 2023-04-30 07225134 frs-core:PlantMachinery 2024-04-30 07225134 frs-core:PlantMachinery 2023-05-01 2024-04-30 07225134 frs-core:PlantMachinery 2023-04-30 07225134 frs-core:WithinOneYear 2024-04-30 07225134 frs-core:ShareCapital 2024-04-30 07225134 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07225134 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07225134 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07225134 frs-bus:SmallEntities 2023-05-01 2024-04-30 07225134 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07225134 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07225134 frs-bus:Director1 2023-05-01 2024-04-30 07225134 frs-countries:EnglandWales 2023-05-01 2024-04-30 07225134 2022-04-30 07225134 2023-04-30 07225134 2022-05-01 2023-04-30 07225134 frs-core:CurrentFinancialInstruments 2023-04-30 07225134 frs-core:Non-currentFinancialInstruments 2023-04-30 07225134 frs-core:BetweenOneFiveYears 2023-04-30 07225134 frs-core:WithinOneYear 2023-04-30 07225134 frs-core:ShareCapital 2023-04-30 07225134 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 07225134
Jack Badger Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07225134
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 624,144 564,671
624,144 564,671
CURRENT ASSETS
Stocks 5 164,975 148,725
Debtors 6 84,152 95,418
Cash at bank and in hand 53,013 89,409
302,140 333,552
Creditors: Amounts Falling Due Within One Year 7 (162,997 ) (184,748 )
NET CURRENT ASSETS (LIABILITIES) 139,143 148,804
TOTAL ASSETS LESS CURRENT LIABILITIES 763,287 713,475
Creditors: Amounts Falling Due After More Than One Year 8 (389,645 ) (394,719 )
NET ASSETS 373,642 318,756
CAPITAL AND RESERVES
Called up share capital 10 740 740
Profit and Loss Account 372,902 318,016
SHAREHOLDERS' FUNDS 373,642 318,756
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For the year ending 30 April 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
Benjamin Naylor
Director
15 October 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Jack Badger Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07225134 . The registered office is Hawkshead, Hope Street, Old Glossop, Derbyshire, SK13 7SS.
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. Research and Development
Expenditure on research and development is written off in the year it is incurred with the exception of any equipment or software that is capitalised in line with the Company's accounting policy.
2.4. 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 0%
Plant & Machinery over 5 to 10 years
Motor Vehicles over 5 years
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 28 (2023: 22)
28 22
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 May 2023 409,500 165,406 86,463 661,369
Additions - 13,573 76,164 89,737
As at 30 April 2024 409,500 178,979 162,627 751,106
Depreciation
As at 1 May 2023 - 58,498 38,200 96,698
Provided during the period - 15,691 14,573 30,264
As at 30 April 2024 - 74,189 52,773 126,962
Net Book Value
As at 30 April 2024 409,500 104,790 109,854 624,144
As at 1 May 2023 409,500 106,908 48,263 564,671
5. Stocks
2024 2023
£ £
Stock 164,975 148,725
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 84,152 95,418
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 41,879 28,074
Trade creditors 31,971 45,696
Bank loans and overdrafts 3,870 19,870
Corporation tax 181 181
Other taxes and social security 19,445 24,429
VAT 10,474 15,704
Net wages 1,977 667
Other creditors 223 389
Accruals and deferred income 1,625 1,575
Director's loan account 51,352 48,163
162,997 184,748
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 73,505 58,251
Bank loans 316,140 336,468
389,645 394,719
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 41,879 28,074
Later than one year and not later than five years 73,505 58,251
115,384 86,325
115,384 86,325
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 740 740
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