Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09831840 Mr Daniel Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09831840 2023-06-30 09831840 2024-06-30 09831840 2023-07-01 2024-06-30 09831840 frs-core:CurrentFinancialInstruments 2024-06-30 09831840 frs-core:Non-currentFinancialInstruments 2024-06-30 09831840 frs-core:BetweenOneFiveYears 2024-06-30 09831840 frs-core:ComputerEquipment 2024-06-30 09831840 frs-core:ComputerEquipment 2023-07-01 2024-06-30 09831840 frs-core:ComputerEquipment 2023-06-30 09831840 frs-core:FurnitureFittings 2024-06-30 09831840 frs-core:FurnitureFittings 2023-07-01 2024-06-30 09831840 frs-core:FurnitureFittings 2023-06-30 09831840 frs-core:NetGoodwill 2024-06-30 09831840 frs-core:NetGoodwill 2023-07-01 2024-06-30 09831840 frs-core:NetGoodwill 2023-06-30 09831840 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 09831840 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 09831840 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 09831840 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 09831840 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09831840 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 09831840 frs-core:MotorVehicles 2024-06-30 09831840 frs-core:MotorVehicles 2023-07-01 2024-06-30 09831840 frs-core:MotorVehicles 2023-06-30 09831840 frs-core:PlantMachinery 2024-06-30 09831840 frs-core:PlantMachinery 2023-07-01 2024-06-30 09831840 frs-core:PlantMachinery 2023-06-30 09831840 frs-core:WithinOneYear 2024-06-30 09831840 frs-core:ShareCapital 2024-06-30 09831840 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09831840 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09831840 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09831840 frs-bus:SmallEntities 2023-07-01 2024-06-30 09831840 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09831840 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09831840 frs-bus:OrdinaryShareClass2 2023-07-01 2024-06-30 09831840 frs-bus:OrdinaryShareClass2 2024-06-30 09831840 frs-bus:OrdinaryShareClass3 2023-07-01 2024-06-30 09831840 frs-bus:OrdinaryShareClass3 2024-06-30 09831840 frs-bus:OrdinaryShareClass4 2023-07-01 2024-06-30 09831840 frs-bus:OrdinaryShareClass4 2024-06-30 09831840 frs-bus:OrdinaryShareClass5 2023-07-01 2024-06-30 09831840 frs-bus:OrdinaryShareClass5 2024-06-30 09831840 frs-core:DeferredTaxation 2023-07-01 2024-06-30 09831840 frs-core:DeferredTaxation 2023-06-30 09831840 frs-core:DeferredTaxation 2024-06-30 09831840 frs-core:ProvisionsDeferredTax 2024-06-30 09831840 frs-bus:Director1 2023-07-01 2024-06-30 09831840 frs-countries:EnglandWales 2023-07-01 2024-06-30 09831840 2022-06-30 09831840 2023-06-30 09831840 2022-07-01 2023-06-30 09831840 frs-core:CurrentFinancialInstruments 2023-06-30 09831840 frs-core:Non-currentFinancialInstruments 2023-06-30 09831840 frs-core:BetweenOneFiveYears 2023-06-30 09831840 frs-core:WithinOneYear 2023-06-30 09831840 frs-core:ShareCapital 2023-06-30 09831840 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 09831840 frs-bus:OrdinaryShareClass2 2022-07-01 2023-06-30 09831840 frs-bus:OrdinaryShareClass3 2022-07-01 2023-06-30 09831840 frs-bus:OrdinaryShareClass4 2022-07-01 2023-06-30 09831840 frs-bus:OrdinaryShareClass5 2022-07-01 2023-06-30 09831840 frs-core:ProvisionsDeferredTax 2023-06-30
Registered number: 09831840
JAK Steel & Supplies Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Unaudited Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—8
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of JAK Steel & Supplies Limited For The Year Ended 30 June 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JAK Steel & Supplies Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of JAK Steel & Supplies Limited , as a body, in accordance with the terms of our engagement letter dated 25 January 2023. Our work has been undertaken solely to prepare for your approval the accounts of JAK Steel & Supplies Limited and state those matters that we have agreed to state to the director of JAK Steel & Supplies Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JAK Steel & Supplies Limited and its director as a body for our work or for this report.
It is your duty to ensure that JAK Steel & Supplies Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of JAK Steel & Supplies Limited . You consider that JAK Steel & Supplies Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of JAK Steel & Supplies Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
24th February 2025
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 09831840
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 3 73,971 -
Tangible Assets 4 172,144 200,709
246,115 200,709
CURRENT ASSETS
Stocks 5 256,215 158,186
Debtors 6 435,565 569,657
Cash at bank and in hand 34 6,151
691,814 733,994
Creditors: Amounts Falling Due Within One Year 7 (770,901 ) (703,245 )
NET CURRENT ASSETS (LIABILITIES) (79,087 ) 30,749
TOTAL ASSETS LESS CURRENT LIABILITIES 167,028 231,458
Creditors: Amounts Falling Due After More Than One Year 8 (66,237 ) (119,227 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 11 (8,465 ) (22,883 )
NET ASSETS 92,326 89,348
CAPITAL AND RESERVES
Called up share capital 13 8 8
Profit and Loss Account 92,318 89,340
SHAREHOLDERS' FUNDS 92,326 89,348
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Page 3
For the year ending 30 June 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 his 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 Daniel Jones
Director
24th February 2025
The notes on pages 4 to 8 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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. 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.
1.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
1.4. 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:
Buildings 20% on cost
Leasehold improvements 20% on cost
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
1.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving items. 
1.6. Taxation
Taxation for the year comprises current and deffered tax. Tax is recognised in the Income Statement, except to that the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the rates and laws that have been enacted or substantively enacted by the balance sheet date.
1.7. Pensions
The company operates a defined pension contribution scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
1.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
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1.9. Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expense in tax assessments in periods different frrom those in which they are reconginsed in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 12 (2023: 13)
12 13
3. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 -
Additions 74,113
As at 30 June 2024 74,113
Amortisation
As at 1 July 2023 -
Provided during the period 142
As at 30 June 2024 142
Net Book Value
As at 30 June 2024 73,971
As at 1 July 2023 -
4. Tangible Assets
Land & Property
Buildings Leasehold improvements Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 July 2023 86,170 4,800 156,102 77,368
Additions - 1,150 7,500 11,646
Transfers (86,170 ) - 86,170 -
As at 30 June 2024 - 5,950 249,772 89,014
Depreciation
As at 1 July 2023 6,001 4,530 108,660 11,809
Provided during the period - 279 31,938 16,445
Transfers (6,001 ) - 6,001 -
As at 30 June 2024 - 4,809 146,599 28,254
Net Book Value
As at 30 June 2024 - 1,141 103,173 60,760
As at 1 July 2023 80,169 270 47,442 65,559
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Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 7,317 22,966 354,723
Additions 495 1,623 22,414
Transfers - - -
As at 30 June 2024 7,812 24,589 377,137
Depreciation
As at 1 July 2023 811 22,203 154,014
Provided during the period 1,752 565 50,979
Transfers - - -
As at 30 June 2024 2,563 22,768 204,993
Net Book Value
As at 30 June 2024 5,249 1,821 172,144
As at 1 July 2023 6,506 763 200,709
5. Stocks
2024 2023
£ £
Stock and work in progress 256,215 158,186
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 133,104 230,499
Amounts owed by group undertakings 262,898 271,793
Other debtors 39,563 67,365
435,565 569,657
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 22,481 14,844
Trade creditors 341,407 345,328
Bank loans and overdrafts 127,128 126,119
Other creditors 183,437 120,755
Taxation and social security 96,448 96,199
770,901 703,245
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 43,088 57,849
Bank loans 18,333 38,333
Other creditors 4,816 23,045
66,237 119,227
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 65,569 72,693
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The maturity of these amounts is as follows:
Within one year 22,481 14,844
Between one and five years 43,088 57,849
65,569 72,693
65,569 72,693
11. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Deferred Tax 8,465 22,883
12. Provisions for Liabilities
Deferred Tax
£
As at 1 July 2023 22,883
Increase/(Decrease) in the year (14,418 )
Balance at 30 June 2024 8,465
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13. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 8 8
Value Number 2024 2023
Allotted, called up and fully paid £ £ £
Ordinary A shares 1 3 3 3
Ordinary B shares 1 3 3 3
Ordinary C shares 1 1 1 1
Ordinary D shares 1 1 1 1
8 8 8
14. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
15. General Information
JAK Steel & Supplies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09831840 . The registered office is Unit 3, Building 2, The Colony Wilmslow, Altrincham Road, Wilmslow, SK9 4LY.

The company’s principal place of business is Bold Trading Estate, Lunts Heath Road, Widnes, WA8 5SG.
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