Acorah Software Products - Accounts Production 16.1.300 false true true 28 February 2023 9 February 2022 false 1 March 2023 29 February 2024 29 February 2024 13905646 Mr J P Stairmand Mrs M H Tudor Stairmand iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13905646 2023-02-28 13905646 2024-02-29 13905646 2023-03-01 2024-02-29 13905646 frs-core:Non-currentFinancialInstruments 2024-02-29 13905646 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 13905646 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 13905646 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 13905646 frs-core:ShareCapital 2024-02-29 13905646 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13905646 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13905646 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13905646 frs-bus:SmallEntities 2023-03-01 2024-02-29 13905646 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13905646 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13905646 frs-bus:Director1 2023-03-01 2024-02-29 13905646 frs-bus:Director2 2023-03-01 2024-02-29 13905646 frs-countries:EnglandWales 2023-03-01 2024-02-29 13905646 2022-02-08 13905646 2023-02-28 13905646 2022-02-09 2023-02-28 13905646 frs-core:CurrentFinancialInstruments 2023-02-28 13905646 frs-core:Non-currentFinancialInstruments 2023-02-28 13905646 frs-core:ShareCapital 2023-02-28 13905646 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13905646
JPS Trading Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13905646
29 February 2024 28 February 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 721,187 721,187
721,187 721,187
CURRENT ASSETS
Cash at bank and in hand 8,054 19,937
8,054 19,937
Creditors: Amounts Falling Due Within One Year 5 - (254,314 )
NET CURRENT ASSETS (LIABILITIES) 8,054 (234,377 )
TOTAL ASSETS LESS CURRENT LIABILITIES 729,241 486,810
Creditors: Amounts Falling Due After More Than One Year 6 (753,139 ) (500,025 )
NET LIABILITIES (23,898 ) (13,215 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (23,998 ) (13,315 )
SHAREHOLDERS' FUNDS (23,898) (13,215)
Page 1
Page 2
For the year ending 29 February 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 J P Stairmand
Director
31 January 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
JPS Trading Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13905646 . The registered office is Gowran House, 56 Broad Street, Chipping Sodbury, Bristol, BS37 6AG.
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. Going Concern Disclosure
At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurances from the
directors that they will continue to give financial support to the company for twelve months from the date of signing of
these accounts.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable.
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:
Freehold no depreciation
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 March 2023 721,187
As at 29 February 2024 721,187
Net Book Value
As at 29 February 2024 721,187
As at 1 March 2023 721,187
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
29 February 2024 28 February 2023
£ £
Trade creditors and accruals - 1,201
Directors' loan accounts - 253,113
- 254,314
6. Creditors: Amounts Falling Due After More Than One Year
29 February 2024 28 February 2023
£ £
Bank loans 500,025 500,025
Directors loan account 253,114 -
753,139 500,025
The bank loan is secured by a first charge over the freehold property, and is repayable over 33 years.
7. Share Capital
29 February 2024 28 February 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
The company is controlled by the directors who are owed £253,114 at the year-end (2023: £253,113).
Page 4