Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10734856 Mr K Chandrarajan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10734856 2023-05-31 10734856 2024-05-31 10734856 2023-06-01 2024-05-31 10734856 frs-core:CurrentFinancialInstruments 2024-05-31 10734856 frs-core:Non-currentFinancialInstruments 2024-05-31 10734856 frs-core:BetweenOneFiveYears 2024-05-31 10734856 frs-core:FurnitureFittings 2024-05-31 10734856 frs-core:FurnitureFittings 2023-06-01 2024-05-31 10734856 frs-core:FurnitureFittings 2023-05-31 10734856 frs-core:MotorVehicles 2024-05-31 10734856 frs-core:MotorVehicles 2023-06-01 2024-05-31 10734856 frs-core:MotorVehicles 2023-05-31 10734856 frs-core:WithinOneYear 2024-05-31 10734856 frs-core:ShareCapital 2024-05-31 10734856 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10734856 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10734856 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10734856 frs-bus:SmallEntities 2023-06-01 2024-05-31 10734856 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10734856 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10734856 frs-bus:Director1 2023-06-01 2024-05-31 10734856 frs-countries:EnglandWales 2023-06-01 2024-05-31 10734856 2022-05-31 10734856 2023-05-31 10734856 2022-06-01 2023-05-31 10734856 frs-core:CurrentFinancialInstruments 2023-05-31 10734856 frs-core:Non-currentFinancialInstruments 2023-05-31 10734856 frs-core:BetweenOneFiveYears 2023-05-31 10734856 frs-core:MotorVehicles 2022-06-01 2023-05-31 10734856 frs-core:WithinOneYear 2023-05-31 10734856 frs-core:ShareCapital 2023-05-31 10734856 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10734856
Jcr Supermarket Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Greenwood & Co Limited
Chartered Certified Accountants
41 Derwent Gardens
Redbridge
Ilford
Essex
IG4 5NA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10734856
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 39,284 7,119
39,284 7,119
CURRENT ASSETS
Stocks 5 18,000 24,000
Cash at bank and in hand 83,096 99,810
101,096 123,810
Creditors: Amounts Falling Due Within One Year 6 (74,533 ) (89,731 )
NET CURRENT ASSETS (LIABILITIES) 26,563 34,079
TOTAL ASSETS LESS CURRENT LIABILITIES 65,847 41,198
Creditors: Amounts Falling Due After More Than One Year 7 (30,824 ) (19,399 )
NET ASSETS 35,023 21,799
CAPITAL AND RESERVES
Called up share capital 150 150
Profit and Loss Account 34,873 21,649
SHAREHOLDERS' FUNDS 35,023 21,799
Page 1
Page 2
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 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 K Chandrarajan
Director
21/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Jcr Supermarket Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10734856 . The registered office is 32 Marine Street, Cwm, Ebbw Vale, Gwent, NP23 7ST.
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 represents the total invoice value, excluding value added tax, of sales made during the year.
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:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
2.6. Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to 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 tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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 expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 8)
10 8
Page 3
Page 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2023 - 30,000 30,000
Additions 45,260 - 45,260
As at 31 May 2024 45,260 30,000 75,260
Depreciation
As at 1 June 2023 - 22,881 22,881
Provided during the period 11,315 1,780 13,095
As at 31 May 2024 11,315 24,661 35,976
Net Book Value
As at 31 May 2024 33,945 5,339 39,284
As at 1 June 2023 - 7,119 7,119
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 33,945 -
5. Stocks
2024 2023
£ £
Stock 18,000 24,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 6,114 -
Trade creditors 6,782 4,852
Bank loans and overdrafts 10,872 10,604
Other creditors 43,724 55,283
Taxation and social security 7,041 18,992
74,533 89,731
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 21,701 -
Bank loans 9,123 19,399
30,824 19,399
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Page 5
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,114 -
Later than one year and not later than five years 21,701 -
27,815 -
27,815 -
9. Directors Advances, Credits and Guarantees
There is a fixed and floating charge in place over the assets of the company in respect of a loan in the directors name.
Page 5