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 07547137 Mr Christopher Chambers Mrs Naomi Chambers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07547137 2023-03-31 07547137 2024-03-31 07547137 2023-04-01 2024-03-31 07547137 frs-core:CurrentFinancialInstruments 2024-03-31 07547137 frs-core:FurnitureFittings 2024-03-31 07547137 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07547137 frs-core:FurnitureFittings 2023-03-31 07547137 frs-core:NetGoodwill 2024-03-31 07547137 frs-core:NetGoodwill 2023-04-01 2024-03-31 07547137 frs-core:NetGoodwill 2023-03-31 07547137 frs-core:PlantMachinery 2024-03-31 07547137 frs-core:PlantMachinery 2023-04-01 2024-03-31 07547137 frs-core:PlantMachinery 2023-03-31 07547137 frs-core:ShareCapital 2024-03-31 07547137 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07547137 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07547137 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07547137 frs-bus:SmallEntities 2023-04-01 2024-03-31 07547137 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07547137 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07547137 frs-bus:Director1 2023-04-01 2024-03-31 07547137 frs-bus:Director2 2023-04-01 2024-03-31 07547137 frs-countries:EnglandWales 2023-04-01 2024-03-31 07547137 2022-03-31 07547137 2023-03-31 07547137 2022-04-01 2023-03-31 07547137 frs-core:CurrentFinancialInstruments 2023-03-31 07547137 frs-core:ShareCapital 2023-03-31 07547137 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07547137
j f n c Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
C W Dix Limited
Accountants & Business Advisors
4b Silkwood Court
Wakefield
West Yorkshire
WF5 9TP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07547137
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 19,039 19,288
19,039 19,288
CURRENT ASSETS
Cash at bank and in hand 13,092 2,199
13,092 2,199
Creditors: Amounts Falling Due Within One Year 6 (16,869 ) (14,992 )
NET CURRENT ASSETS (LIABILITIES) (3,777 ) (12,793 )
TOTAL ASSETS LESS CURRENT LIABILITIES 15,262 6,495
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (3,005 ) (3,005 )
NET ASSETS 12,257 3,490
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 12,157 3,390
SHAREHOLDERS' FUNDS 12,257 3,490
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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 Christopher Chambers
Director
23/12/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
j f n c Limited Registered number 07547137 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 4, Silkwood Court, Wakefield, West Yorkshire, WF4 9TP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost basis and in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life.
2.4. 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:
Plant & Machinery 25% per annum reducing balance
Fixtures & Fittings 25% per annum reducing balance
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: 3 (2023: 2)
3 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 20,000
As at 31 March 2024 20,000
Amortisation
As at 1 April 2023 20,000
As at 31 March 2024 20,000
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
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5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 96,092 8,855 104,947
Additions 5,731 - 5,731
Disposals (4,600 ) - (4,600 )
As at 31 March 2024 97,223 8,855 106,078
Depreciation
As at 1 April 2023 77,707 7,952 85,659
Provided during the period 5,300 180 5,480
Disposals (4,100 ) - (4,100 )
As at 31 March 2024 78,907 8,132 87,039
Net Book Value
As at 31 March 2024 18,316 723 19,039
As at 1 April 2023 18,385 903 19,288
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 264 202
Other taxes and social security - 760
VAT 2,895 2,820
Accruals and deferred income 2,000 -
Directors' loan accounts 11,710 11,210
16,869 14,992
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 3,005 3,005
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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