Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10147927 Mr Shaileshkumar Mangukiya Mr Jayesh Laljeebhai Pambhar Mr Mehulkumar Raiyani true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10147927 2023-04-30 10147927 2024-04-30 10147927 2023-05-01 2024-04-30 10147927 frs-core:Non-currentFinancialInstruments 2024-04-30 10147927 frs-core:ShareCapital 2024-04-30 10147927 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10147927 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10147927 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10147927 frs-bus:SmallEntities 2023-05-01 2024-04-30 10147927 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10147927 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10147927 1 2023-05-01 2024-04-30 10147927 frs-bus:Director1 2023-05-01 2024-04-30 10147927 frs-bus:Director2 2023-05-01 2024-04-30 10147927 frs-countries:EnglandWales 2023-05-01 2024-04-30 10147927 2022-04-30 10147927 2023-04-30 10147927 2022-05-01 2023-04-30 10147927 frs-core:Non-currentFinancialInstruments 2023-04-30 10147927 frs-core:ShareCapital 2023-04-30 10147927 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10147927
SJ INVENTURE LTD
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 10147927
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 50,694 53,603
Tangible Assets 1,860 2,325
52,554 55,928
CURRENT ASSETS
Stocks 44,142 19,025
Debtors 39,237 15,171
Cash at bank and in hand 20,408 18,895
103,787 53,091
Creditors: Amounts Falling Due Within One Year (110,979 ) (57,592 )
NET CURRENT ASSETS (LIABILITIES) (7,192 ) (4,501 )
TOTAL ASSETS LESS CURRENT LIABILITIES 45,362 51,427
Creditors: Amounts Falling Due After More Than One Year (15,670 ) (25,707 )
NET ASSETS 29,692 25,720
CAPITAL AND RESERVES
Called up share capital 4 180 180
Profit and Loss Account 29,512 25,540
SHAREHOLDERS' FUNDS 29,692 25,720
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 Shaileshkumar Mangukiya
Director
13th November 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SJ INVENTURE LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10147927 . The registered office is 1 Leybourne Parade, Brighton, BN2 4LW.
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. 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.
2.4. 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 3 6
3 6
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 180 180
5. Ultimate Controlling Party
The company is controlled by the directors, with no individual director having overall control.
Page 3