Acorah Software Products - Accounts Production 16.0.110 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09298987 Dr Alexander Passow iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09298987 2022-11-30 09298987 2023-11-30 09298987 2022-12-01 2023-11-30 09298987 frs-core:CurrentFinancialInstruments 2023-11-30 09298987 frs-core:ComputerEquipment 2023-11-30 09298987 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09298987 frs-core:ComputerEquipment 2022-11-30 09298987 frs-core:ShareCapital 2023-11-30 09298987 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09298987 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09298987 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09298987 frs-bus:SmallEntities 2022-12-01 2023-11-30 09298987 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09298987 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09298987 frs-bus:OrdinaryShareClass1 2022-12-01 2023-11-30 09298987 frs-bus:OrdinaryShareClass1 2023-11-30 09298987 frs-bus:Director1 2022-12-01 2023-11-30 09298987 frs-countries:EnglandWales 2022-12-01 2023-11-30 09298987 2021-11-30 09298987 2022-11-30 09298987 2021-12-01 2022-11-30 09298987 frs-core:CurrentFinancialInstruments 2022-11-30 09298987 frs-core:ShareCapital 2022-11-30 09298987 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 09298987 frs-bus:OrdinaryShareClass1 2021-12-01 2022-11-30
Registered number: 09298987
JP Omega Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
More Group (Accounting) Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09298987
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,398 5,268
4,398 5,268
CURRENT ASSETS
Debtors 5 991 -
Cash at bank and in hand 14,660 21,919
15,651 21,919
Creditors: Amounts Falling Due Within One Year 6 (139,017 ) (103,643 )
NET CURRENT ASSETS (LIABILITIES) (123,366 ) (81,724 )
TOTAL ASSETS LESS CURRENT LIABILITIES (118,968 ) (76,456 )
NET LIABILITIES (118,968 ) (76,456 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (118,969 ) (76,457 )
SHAREHOLDERS' FUNDS (118,968) (76,456)
Page 1
Page 2
For the year ending 30 November 2023 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
Dr Alexander Passow
Director
26/11/2024
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
JP Omega Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09298987 . The registered office is 20-22 Wenlock Road, London, N1 7GU.
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. Going Concern Disclosure
These accounts have been prepared on going concern basis, on the understanding that the director will continue to financially supports the company during this uncertain period.
2.3. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
2.4. 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:
Computer Equipment 16.5% Reducing Balance Method
2.5. 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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2022 9,048
As at 30 November 2023 9,048
Depreciation
As at 1 December 2022 3,780
Provided during the period 870
As at 30 November 2023 4,650
Net Book Value
As at 30 November 2023 4,398
As at 1 December 2022 5,268
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Page 4
5. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 991 -
991 -
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - (1 )
Director's loan account 139,017 103,644
139,017 103,643
7. Share Capital
2023 2022
Allotted, called up but not fully paid £ £
1 Ordinary Shares of £ 1.00 each 1 1
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