Acorah Software Products - Accounts Production 16.1.200 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 11225366 Mr Thomas West iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11225366 2023-02-28 11225366 2024-02-29 11225366 2023-03-01 2024-02-29 11225366 frs-core:CurrentFinancialInstruments 2024-02-29 11225366 frs-core:Non-currentFinancialInstruments 2024-02-29 11225366 frs-core:PlantMachinery 2024-02-29 11225366 frs-core:PlantMachinery 2023-03-01 2024-02-29 11225366 frs-core:PlantMachinery 2023-02-28 11225366 frs-core:ShareCapital 2024-02-29 11225366 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 11225366 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11225366 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 11225366 frs-bus:SmallEntities 2023-03-01 2024-02-29 11225366 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11225366 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 11225366 frs-bus:Director1 2023-03-01 2024-02-29 11225366 frs-core:CurrentFinancialInstruments 3 2024-02-29 11225366 frs-core:CurrentFinancialInstruments 4 2024-02-29 11225366 frs-core:CurrentFinancialInstruments 5 2024-02-29 11225366 frs-core:CurrentFinancialInstruments 6 2024-02-29 11225366 frs-countries:EnglandWales 2023-03-01 2024-02-29 11225366 2022-02-28 11225366 2023-02-28 11225366 2022-03-01 2023-02-28 11225366 frs-core:CurrentFinancialInstruments 2023-02-28 11225366 frs-core:Non-currentFinancialInstruments 2023-02-28 11225366 frs-core:ShareCapital 2023-02-28 11225366 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 11225366 frs-core:CurrentFinancialInstruments 2 2023-02-28 11225366 frs-core:CurrentFinancialInstruments 3 2023-02-28 11225366 frs-core:CurrentFinancialInstruments 4 2023-02-28 11225366 frs-core:CurrentFinancialInstruments 5 2023-02-28 11225366 frs-core:CurrentFinancialInstruments 6 2023-02-28 11225366 frs-core:CurrentFinancialInstruments 7 2023-02-28
Registered number: 11225366
JGP East Anglia Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Maurice J Bushell & Co Ltd.
Chartered Certified Accountants
Office 12
Epsilon House
Ipswich
Suffolk
IP3 9FJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11225366
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,026 4,034
3,026 4,034
CURRENT ASSETS
Debtors 5 22,412 1,620
Cash at bank and in hand 216 143
22,628 1,763
Creditors: Amounts Falling Due Within One Year 6 (180,351 ) (170,237 )
NET CURRENT ASSETS (LIABILITIES) (157,723 ) (168,474 )
TOTAL ASSETS LESS CURRENT LIABILITIES (154,697 ) (164,440 )
Creditors: Amounts Falling Due After More Than One Year 7 (20,082 ) (25,161 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (575 ) (766 )
NET LIABILITIES (175,354 ) (190,367 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (175,454 ) (190,467 )
SHAREHOLDERS' FUNDS (175,354) (190,367)
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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 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 Thomas West
Director
30 November 2024
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
JGP East Anglia Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11225366 . The registered office is Units 4 & 5 Waldringfield Road, Brightwell, Ipswich, Suffolk, IP10 0BJ.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 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:
Plant & Machinery 25% Reducing Balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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 & Machinery
£
Cost
As at 1 March 2023 7,944
As at 29 February 2024 7,944
Depreciation
As at 1 March 2023 3,910
Provided during the period 1,008
As at 29 February 2024 4,918
Net Book Value
As at 29 February 2024 3,026
As at 1 March 2023 4,034
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 22,412 1,620
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 12,032 12,168
Other taxes and social security - 1,034
Mill Lane Pubs Ltd Loan (Current liabilities - creditors < 1 year) - 4,388
Credit Card - T West 960 960
Credit Card - J Merrick 2,144 2,144
South Street Pubs Ltd (Current Liability) 107,430 92,568
Other creditors C West 7,590 7,590
Other creditors A De Tourtoulon - 35,000
Accruals and deferred income 1,530 720
Director's loan account 48,665 13,665
180,351 170,237
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 20,082 25,161
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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9. Related Party Transactions
Mr A De Tourtoulon and Mrs C West are both related to the Director Mr T West and have provided loans of £35,000 (2023 - £35,000) and £7,590 (2023 - £7,590) respectively.
10. Balance Sheet Deficiency
The accounts have been prepared on a going concern basis despite the balance sheet 
deficiency on the grounds that:-
a) The Directors' have undertaken not to seek repayment of their directors loan accounts 
for the following year, if this was to leave the company unable to meet its other obligations
b) The Directors' are confident that future profitability will eliminate the deficiency.
c) The Company has the full support of the bank.
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