Acorah Software Products - Accounts Production 16.1.200 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 06643781 Miss T J Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06643781 2023-07-31 06643781 2024-07-31 06643781 2023-08-01 2024-07-31 06643781 frs-core:CurrentFinancialInstruments 2024-07-31 06643781 frs-core:Non-currentFinancialInstruments 2024-07-31 06643781 frs-core:PlantMachinery 2024-07-31 06643781 frs-core:PlantMachinery 2023-08-01 2024-07-31 06643781 frs-core:PlantMachinery 2023-07-31 06643781 frs-core:ShareCapital 2024-07-31 06643781 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 06643781 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06643781 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 06643781 frs-bus:SmallEntities 2023-08-01 2024-07-31 06643781 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06643781 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 06643781 frs-bus:Director1 2023-08-01 2024-07-31 06643781 frs-countries:EnglandWales 2023-08-01 2024-07-31 06643781 2022-07-31 06643781 2023-07-31 06643781 2022-08-01 2023-07-31 06643781 frs-core:CurrentFinancialInstruments 2023-07-31 06643781 frs-core:Non-currentFinancialInstruments 2023-07-31 06643781 frs-core:ShareCapital 2023-07-31 06643781 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 06643781
Tracey Jones Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06643781
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,119 1,492
1,119 1,492
CURRENT ASSETS
Debtors 5 - 8,079
Cash at bank and in hand 20,535 15,050
20,535 23,129
Creditors: Amounts Falling Due Within One Year 6 (6,330 ) (10,525 )
NET CURRENT ASSETS (LIABILITIES) 14,205 12,604
TOTAL ASSETS LESS CURRENT LIABILITIES 15,324 14,096
Creditors: Amounts Falling Due After More Than One Year 7 (3,289 ) (5,331 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (280 ) (283 )
NET ASSETS 11,755 8,482
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 11,655 8,382
SHAREHOLDERS' FUNDS 11,755 8,482
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For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Miss T J Jones
Director
14 January 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Tracey Jones Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06643781 . The registered office is 19 Kays Gardens, Salford, M3 6BW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
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 assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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:
Plant and machinery 25% Reducing Balance
2.4. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Plant and machinery
£
Cost
As at 1 August 2023 2,728
As at 31 July 2024 2,728
Depreciation
As at 1 August 2023 1,236
Provided during the period 373
As at 31 July 2024 1,609
Net Book Value
As at 31 July 2024 1,119
As at 1 August 2023 1,492
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 4,400
Other debtors - 3,679
- 8,079
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 2,206 2,369
Corporation tax 1,935 6,070
Other taxes and social security - 165
Accruals and deferred income 2,040 1,921
Director's loan account 149 -
6,330 10,525
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,289 5,331
8. Secured Creditors
The loan above was obtained under the government bounceback loan scheme and is therefore 100% secured by the government with no
charge over the assets of the company.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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10. Related Party Transactions
The following related party transactions were undertaken during the year:
During the year, the director withdrew amounts totalling £37,532 (2023: £44,664) and introduced capital of £37,681 (2023: £55,982). At the balance sheet date, the amounts owed to the director totalled £149 (2023: £Nil)
Dividends were paid to the directors in respect of their shareholdings totalling £4,500 (2023: £16,576).
The aggregate remuneration paid to key management personnel for the year was £6,396 (2023: £11,233).
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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