Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10152473 Ms Judy Thomas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10152473 2023-04-30 10152473 2024-04-30 10152473 2023-05-01 2024-04-30 10152473 frs-core:CurrentFinancialInstruments 2024-04-30 10152473 frs-core:Non-currentFinancialInstruments 2024-04-30 10152473 frs-core:ComputerEquipment 2024-04-30 10152473 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10152473 frs-core:ComputerEquipment 2023-04-30 10152473 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 10152473 frs-core:FurnitureFittings 2024-04-30 10152473 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10152473 frs-core:FurnitureFittings 2023-04-30 10152473 frs-core:OtherResidualIntangibleAssets 2024-04-30 10152473 frs-core:OtherResidualIntangibleAssets 2023-04-30 10152473 frs-core:ShareCapital 2024-04-30 10152473 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10152473 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10152473 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10152473 frs-bus:SmallEntities 2023-05-01 2024-04-30 10152473 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10152473 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10152473 frs-bus:Director1 2023-05-01 2024-04-30 10152473 frs-bus:Director1 2023-04-30 10152473 frs-bus:Director1 2024-04-30 10152473 frs-countries:EnglandWales 2023-05-01 2024-04-30 10152473 2022-04-30 10152473 2023-04-30 10152473 2022-05-01 2023-04-30 10152473 frs-core:CurrentFinancialInstruments 2023-04-30 10152473 frs-core:Non-currentFinancialInstruments 2023-04-30 10152473 frs-core:ShareCapital 2023-04-30 10152473 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10152473
Judi Love Ltd
Financial Statements
For The Year Ended 30 April 2024
Outsourced ACC Ltd
High Street Centre, 137-139 High Street
Beckenham
Kent
BR3 1AG
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10152473
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 10,891 8,564
10,891 8,564
CURRENT ASSETS
Debtors 6 496,818 279,476
Cash at bank and in hand 391,746 525,385
888,564 804,861
Creditors: Amounts Falling Due Within One Year 7 (285,057 ) (166,603 )
NET CURRENT ASSETS (LIABILITIES) 603,507 638,258
TOTAL ASSETS LESS CURRENT LIABILITIES 614,398 646,822
NET ASSETS 614,398 646,822
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 614,396 646,820
SHAREHOLDERS' FUNDS 614,398 646,822
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 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
Ms Judy Thomas
Director
22nd January 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Judi Love Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10152473 . The registered office is High Street Centre, 137-139 High Street, Beckenham, Kent, BR3 1AG.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are computer software. It is amortised to profit and loss account over its estimated economic life of nil years.
2.4. 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 20% RBM
Computer Equipment 20% RBM
2.5. Taxation
Income tax expense represents the sum of the tax currently payable tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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Page 4
4. Intangible Assets
Other
£
Cost
As at 1 May 2023 1,950
As at 30 April 2024 1,950
Amortisation
As at 1 May 2023 1,950
As at 30 April 2024 1,950
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 414 11,985 12,399
Additions - 4,548 4,548
Disposals - (499 ) (499 )
As at 30 April 2024 414 16,034 16,448
Depreciation
As at 1 May 2023 414 3,421 3,835
Provided during the period - 1,972 1,972
Disposals - (250 ) (250 )
As at 30 April 2024 414 5,143 5,557
Net Book Value
As at 30 April 2024 - 10,891 10,891
As at 1 May 2023 - 8,564 8,564
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Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,669 -
Other debtors 420,627 208,954
426,296 208,954
Due after more than one year
Other debtors 70,522 70,522
70,522 70,522
496,818 279,476
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,721 7,230
Other creditors 132,004 24,491
Taxation and social security 148,332 134,882
285,057 166,603
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Ms Judy Thomas 208,954 336,324 126,651 - 418,627
The above loan is unsecured, interest free and repayable on demand.
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