Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11149072 Mr Jagdip Dhaliwal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11149072 2023-03-31 11149072 2024-03-31 11149072 2023-04-01 2024-03-31 11149072 frs-core:CurrentFinancialInstruments 2024-03-31 11149072 frs-core:Non-currentFinancialInstruments 2024-03-31 11149072 frs-core:ShareCapital 2024-03-31 11149072 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11149072 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11149072 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11149072 frs-bus:SmallEntities 2023-04-01 2024-03-31 11149072 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11149072 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11149072 frs-bus:Director1 2023-04-01 2024-03-31 11149072 frs-countries:EnglandWales 2023-04-01 2024-03-31 11149072 2022-03-31 11149072 2023-03-31 11149072 2022-04-01 2023-03-31 11149072 frs-core:CurrentFinancialInstruments 2023-03-31 11149072 frs-core:Non-currentFinancialInstruments 2023-03-31 11149072 frs-core:ShareCapital 2023-03-31 11149072 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11149072
Jd London Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11149072
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 6,608,471 6,405,833
6,608,471 6,405,833
CURRENT ASSETS
Debtors 5 28,374 12,000
Cash at bank and in hand 72,442 74,281
100,816 86,281
Creditors: Amounts Falling Due Within One Year 6 (4,060,173 ) (3,919,347 )
NET CURRENT ASSETS (LIABILITIES) (3,959,357 ) (3,833,066 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,649,114 2,572,767
Creditors: Amounts Falling Due After More Than One Year 7 (2,345,874 ) (2,397,441 )
NET ASSETS 303,240 175,326
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 303,140 175,226
SHAREHOLDERS' FUNDS 303,240 175,326
Page 1
Page 2
For the year ending 31 March 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 Jagdip Dhaliwal
Director
01/03/2025
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
Jd London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11149072 . The registered office is 138 Hainault Road, Chigwell, Essex, IG7 5DL.
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. Turnover includes revenue earned from letting of residential and commercial investment properties.

Rental income
Rental earned from residential and commerical investment properties is usually recognised on montly and quarterly basis in arrears.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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 year 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: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 6,405,833
Additions 202,638
As at 31 March 2024 6,608,471
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 16,374 -
Other debtors 12,000 12,000
28,374 12,000
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 42,599 33,185
VAT 5,817 5,467
Other creditors 4,007,557 3,877,695
Accruals and deferred income 4,200 3,000
4,060,173 3,919,347
The 'Other creditors' balance above relates to interest free loans from connected companies with common shareholders and directors. There are no fixed repayment terms and the amount is repayable on demand.
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,345,874 2,397,441
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4