Acorah Software Products - Accounts Production 14.5.501 false true 31 May 2023 1 June 2022 false true No description of principal activity 1 June 2023 31 May 2024 31 May 2024 12631909 Mr Liam Jones Mr Philip Bailey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12631909 2023-05-31 12631909 2024-05-31 12631909 2023-06-01 2024-05-31 12631909 frs-core:CurrentFinancialInstruments 2024-05-31 12631909 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12631909 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 12631909 frs-bus:Micro-entities 2023-06-01 2024-05-31 12631909 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12631909 frs-bus:Director1 2023-06-01 2024-05-31 12631909 frs-bus:Director2 2023-06-01 2024-05-31 12631909 2022-05-31 12631909 2023-05-31 12631909 2022-06-01 2023-05-31 12631909 frs-core:CurrentFinancialInstruments 2023-05-31
Registered number: 12631909
Jones Bailey Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Balance Sheet
Registered number: 12631909
2024 2023
£ £
Current assets 1,438 7,136
Creditors: Amounts Falling Due Within One Year (25,147 ) (25,146 )
NET CURRENT LIABILITIES (23,709 ) (18,010 )
TOTAL ASSETS LESS CURRENT LIABILITIES (23,709 ) (18,010 )
Accruals and deferred income (450 ) (420 )
NET LIABILITIES (24,159 ) (18,430 )
CAPITAL AND RESERVES (24,159 ) (18,430 )

Notes

1. General Information
Jones Bailey Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12631909 . The registered office is 3 Royal Crescent, Cheltenham, GL50 3DA.
2. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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3. Post Balance Sheet Events
Subsequent to the balance sheet date, the directors decided that the company would permanently cease trading.  As a result, the directors have concluded it is no longer appropriate to prepare these financial statements on a going concern basis.  Therefore, the financial statements have been prepared on a break-up basis, under which:
- Assets are stated at their estimated net realisable values, reflecting the amounts expected to be recovered through disposal or wind-down.
- Liabilities include all costs and obligations arising from the cessation of trading.
The directors believe that the adoption of the break-up basis provides a more appropriate presentation of the company’s financial position in light of the decision to discontinue its operations.
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For the year ending 31 May 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr Philip Bailey
Director
7th January 2025