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 10135307 Mr Jonathan Dennis Mr Jonathan Shepley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10135307 2023-04-30 10135307 2024-04-30 10135307 2023-05-01 2024-04-30 10135307 frs-core:CurrentFinancialInstruments 2024-04-30 10135307 frs-core:Non-currentFinancialInstruments 2024-04-30 10135307 frs-core:FurnitureFittings 2024-04-30 10135307 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10135307 frs-core:FurnitureFittings 2023-04-30 10135307 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 10135307 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10135307 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 10135307 frs-core:PlantMachinery 2024-04-30 10135307 frs-core:PlantMachinery 2023-05-01 2024-04-30 10135307 frs-core:PlantMachinery 2023-04-30 10135307 frs-core:RevaluationReserve 2023-05-01 2024-04-30 10135307 frs-core:RevaluationReserve 2024-04-30 10135307 frs-core:ShareCapital 2024-04-30 10135307 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10135307 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10135307 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10135307 frs-bus:SmallEntities 2023-05-01 2024-04-30 10135307 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10135307 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10135307 frs-bus:Director1 2023-05-01 2024-04-30 10135307 frs-bus:Director2 2023-05-01 2024-04-30 10135307 frs-countries:EnglandWales 2023-05-01 2024-04-30 10135307 2022-04-30 10135307 2023-04-30 10135307 2022-05-01 2023-04-30 10135307 frs-core:CurrentFinancialInstruments 2023-04-30 10135307 frs-core:Non-currentFinancialInstruments 2023-04-30 10135307 frs-core:RevaluationReserve 2023-04-30 10135307 frs-core:ShareCapital 2023-04-30 10135307 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10135307
JCJ Legacy Ltd.
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10135307
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 528,308 356,720
528,308 356,720
CURRENT ASSETS
Debtors 5 178 6,845
Cash at bank and in hand 15,003 4,602
15,181 11,447
Creditors: Amounts Falling Due Within One Year 6 (84,591 ) (46,913 )
NET CURRENT ASSETS (LIABILITIES) (69,410 ) (35,466 )
TOTAL ASSETS LESS CURRENT LIABILITIES 458,898 321,254
Creditors: Amounts Falling Due After More Than One Year 7 (207,588 ) (247,314 )
NET ASSETS 251,310 73,940
CAPITAL AND RESERVES
Called up share capital 8 150 150
Revaluation reserve 9 172,476 -
Profit and Loss Account 78,684 73,790
SHAREHOLDERS' FUNDS 251,310 73,940
Page 1
Page 2
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 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 Jonathan Dennis
Director
20/11/2024
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
JCJ Legacy Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 10135307 . The registered office is 23 High Street, Bagshot, GU19 5AF.
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.
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 3%
Plant & Machinery 25%
Fixtures & Fittings 20%
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost or Valuation
As at 1 May 2023 354,467 5,529 9,502 369,498
Disposals - - (9,502 ) (9,502 )
Revaluation 172,476 - - 172,476
As at 30 April 2024 526,943 5,529 - 532,472
Depreciation
As at 1 May 2023 - 3,276 9,502 12,778
Provided during the period - 888 - 888
Disposals - - (9,502 ) (9,502 )
As at 30 April 2024 - 4,164 - 4,164
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 April 2024 526,943 1,365 - 528,308
As at 1 May 2023 354,467 2,253 - 356,720
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 5,800
Prepayments and accrued income 178 1,045
178 6,845
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 26,460 22,718
Corporation tax 2,651 3,741
Accruals and deferred income 420 245
Amounts owed to other participating interests 55,060 20,209
84,591 46,913
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 117,350 132,402
Directors loan account 72,705 110,875
Amounts owed to other participating interests 17,533 4,037
207,588 247,314
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 150 150
9. Reserves
Revaluation Reserve
£
Net investment property revaluation reserve 172,476
As at 30 April 2024 172,476
Page 4