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 11917586 Mr Gareth Jacques Mrs Palminder Jacques Gareth Jacques & Palminder Jacques true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11917586 2023-04-30 11917586 2024-04-30 11917586 2023-05-01 2024-04-30 11917586 frs-core:CurrentFinancialInstruments 2024-04-30 11917586 frs-core:Non-currentFinancialInstruments 2024-04-30 11917586 frs-core:ComputerEquipment 2024-04-30 11917586 frs-core:ComputerEquipment 2023-05-01 2024-04-30 11917586 frs-core:ComputerEquipment 2023-04-30 11917586 frs-core:FurnitureFittings 2024-04-30 11917586 frs-core:FurnitureFittings 2023-05-01 2024-04-30 11917586 frs-core:FurnitureFittings 2023-04-30 11917586 frs-core:ShareCapital 2024-04-30 11917586 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 11917586 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11917586 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 11917586 frs-bus:SmallEntities 2023-05-01 2024-04-30 11917586 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11917586 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11917586 1 2023-05-01 2024-04-30 11917586 frs-bus:Director1 2023-05-01 2024-04-30 11917586 frs-bus:Director2 2023-05-01 2024-04-30 11917586 frs-countries:EnglandWales 2023-05-01 2024-04-30 11917586 2022-04-30 11917586 2023-04-30 11917586 2022-05-01 2023-04-30 11917586 frs-core:CurrentFinancialInstruments 2023-04-30 11917586 frs-core:Non-currentFinancialInstruments 2023-04-30 11917586 frs-core:ShareCapital 2023-04-30 11917586 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 11917586
Jacques Property Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Calculated Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11917586
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,796 4,031
Investment Properties 5 256,526 256,526
259,322 260,557
CURRENT ASSETS
Debtors 6 13,144 18,213
Investments 7 5,995 -
Cash at bank and in hand 920 1,446
20,059 19,659
Creditors: Amounts Falling Due Within One Year 8 (510 ) -
NET CURRENT ASSETS (LIABILITIES) 19,549 19,659
TOTAL ASSETS LESS CURRENT LIABILITIES 278,871 280,216
Creditors: Amounts Falling Due After More Than One Year 9 (291,044 ) (290,369 )
NET LIABILITIES (12,173 ) (10,153 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account (12,175 ) (10,155 )
SHAREHOLDERS' FUNDS (12,173) (10,153)
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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 Profit and Loss Account.
On behalf of the board
Mr Gareth Jacques
Director
14/01/2025
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
Jacques Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11917586 . The registered office is 29 Keswick Gardens, Redbridge, Ilford, London, IG4 5NF.
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:
Fixtures & Fittings 5 years straight line
Computer Equipment 3 years straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 3,562 1,582 5,144
As at 30 April 2024 3,562 1,582 5,144
Depreciation
As at 1 May 2023 1,026 87 1,113
Provided during the period 713 522 1,235
As at 30 April 2024 1,739 609 2,348
Net Book Value
As at 30 April 2024 1,823 973 2,796
As at 1 May 2023 2,536 1,495 4,031
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5. Investment Property
2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 256,526
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 634 708
Other debtors 12,510 17,505
13,144 18,213
7. Current Asset Investments
2024 2023
£ £
Short term deposits 5,995 -
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 510 -
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 170,412 170,439
Directors loan account 120,632 119,930
291,044 290,369
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
11. Related Party Transactions
The directors have provided the company with an unsecured loan. The balance at the year end was £120,632 (2023 : £119,930). There is no interest charged on the loan and the loan is repayable on demand.
12. Ultimate Controlling Party
The company's ultimate controlling party is Gareth Jacques & Palminder Jacques by virtue of their ownership of 100% of the issued share capital in the company.
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