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 10715722 Mr Joseph Reed Miss Emma Golestani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10715722 2023-04-30 10715722 2024-04-30 10715722 2023-05-01 2024-04-30 10715722 frs-core:CurrentFinancialInstruments 2024-04-30 10715722 frs-core:Non-currentFinancialInstruments 2024-04-30 10715722 frs-core:ComputerEquipment 2024-04-30 10715722 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10715722 frs-core:ComputerEquipment 2023-04-30 10715722 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 10715722 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10715722 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 10715722 frs-core:ShareCapital 2024-04-30 10715722 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10715722 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10715722 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10715722 frs-bus:SmallEntities 2023-05-01 2024-04-30 10715722 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10715722 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10715722 frs-bus:Director1 2023-05-01 2024-04-30 10715722 frs-bus:Director2 2023-05-01 2024-04-30 10715722 frs-countries:EnglandWales 2023-05-01 2024-04-30 10715722 2022-04-30 10715722 2023-04-30 10715722 2022-05-01 2023-04-30 10715722 frs-core:CurrentFinancialInstruments 2023-04-30 10715722 frs-core:Non-currentFinancialInstruments 2023-04-30 10715722 frs-core:ShareCapital 2023-04-30 10715722 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10715722
J Reed Investments Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 10715722
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 129,612 129,684
129,612 129,684
CURRENT ASSETS
Cash at bank and in hand 993 4,028
993 4,028
Creditors: Amounts Falling Due Within One Year 5 (624 ) (624 )
NET CURRENT ASSETS (LIABILITIES) 369 3,404
TOTAL ASSETS LESS CURRENT LIABILITIES 129,981 133,088
Creditors: Amounts Falling Due After More Than One Year 6 (141,098 ) (140,786 )
NET LIABILITIES (11,117 ) (7,698 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Income Statement (11,118 ) (7,699 )
SHAREHOLDERS' FUNDS (11,117) (7,698)
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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 Income Statement.
On behalf of the board
Mr Joseph Reed
Director
20th December 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
J Reed Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10715722 . The registered office is 3 Kellaw Close, Bishop Auckland, Co. Durham, DL14 7GB.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.3. 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 In accordance with the property
Computer Equipment 33% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 129,612 1,022 130,634
As at 30 April 2024 129,612 1,022 130,634
Depreciation
As at 1 May 2023 - 950 950
Provided during the period - 72 72
As at 30 April 2024 - 1,022 1,022
Net Book Value
As at 30 April 2024 129,612 - 129,612
As at 1 May 2023 129,612 72 129,684
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 624 624
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 68,250 68,250
Directors loan account 72,848 72,536
141,098 140,786
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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