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 07280188 Mr Amarjit Sehmar Mrs Jasvinder Sehmar A Sehmar true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07280188 2023-03-31 07280188 2024-03-31 07280188 2023-04-01 2024-03-31 07280188 frs-core:CurrentFinancialInstruments 2024-03-31 07280188 frs-core:ComputerEquipment 2024-03-31 07280188 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07280188 frs-core:ComputerEquipment 2023-03-31 07280188 frs-core:ShareCapital 2024-03-31 07280188 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07280188 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07280188 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07280188 frs-bus:SmallEntities 2023-04-01 2024-03-31 07280188 frs-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07280188 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07280188 1 2023-04-01 2024-03-31 07280188 frs-bus:Director1 2023-04-01 2024-03-31 07280188 frs-bus:Director2 2023-04-01 2024-03-31 07280188 frs-countries:EnglandWales 2023-04-01 2024-03-31 07280188 2022-03-31 07280188 2023-03-31 07280188 2022-04-01 2023-03-31 07280188 frs-core:CurrentFinancialInstruments 2023-03-31 07280188 frs-core:ShareCapital 2023-03-31 07280188 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07280188
Jar Consultancy Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Jar Consultancy Limited For The Year Ended 31 March 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Jar Consultancy Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Jar Consultancy Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Jar Consultancy Limited and state those matters that we have agreed to state to the directors of Jar Consultancy Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jar Consultancy Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Jar Consultancy Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Jar Consultancy Limited . You consider that Jar Consultancy Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Jar Consultancy Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
22 November 2024
Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Page 1
Page 2
Balance Sheet
Registered number: 07280188
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 776 624
776 624
CURRENT ASSETS
Debtors 5 24,229 12,439
Cash at bank and in hand 356,917 326,041
381,146 338,480
Creditors: Amounts Falling Due Within One Year 6 (139,288 ) (128,037 )
NET CURRENT ASSETS (LIABILITIES) 241,858 210,443
TOTAL ASSETS LESS CURRENT LIABILITIES 242,634 211,067
NET ASSETS 242,634 211,067
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 242,534 210,967
SHAREHOLDERS' FUNDS 242,634 211,067
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Page 3
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.
On behalf of the board
Mr Amarjit Sehmar
Director
22 November 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Jar Consultancy Limited Registered number 07280188 is a limited by shares company incorporated in England & Wales. The Registered Office is 152 Walsall Road, Sutton Coldfield, West Midlands, B74 4RD.
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 comprises the invoiced value of services supplied by the company, wholly outside the United Kingdom.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Computer Equipment 25% reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the annual average rate. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 1,489
Additions 410
As at 31 March 2024 1,899
Depreciation
As at 1 April 2023 865
Provided during the period 258
As at 31 March 2024 1,123
Net Book Value
As at 31 March 2024 776
As at 1 April 2023 624
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 24,204 12,439
Corporation tax recoverable assets 25 -
24,229 12,439
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 18,843 17,287
Accruals and deferred income 174 161
Directors' loan accounts 120,271 110,589
139,288 128,037
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is A Sehmar by virtue of his ownership of 50% of the issued share capital in the company.
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