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 06277401 Mrs Lisa Mclaughlin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06277401 2023-06-30 06277401 2024-06-30 06277401 2023-07-01 2024-06-30 06277401 frs-core:CurrentFinancialInstruments 2024-06-30 06277401 frs-core:MotorVehicles 2023-07-01 2024-06-30 06277401 frs-core:PlantMachinery 2024-06-30 06277401 frs-core:PlantMachinery 2023-07-01 2024-06-30 06277401 frs-core:PlantMachinery 2023-06-30 06277401 frs-core:ShareCapital 2024-06-30 06277401 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 06277401 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06277401 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 06277401 frs-bus:SmallEntities 2023-07-01 2024-06-30 06277401 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06277401 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06277401 frs-bus:Director1 2023-07-01 2024-06-30 06277401 frs-countries:EnglandWales 2023-07-01 2024-06-30 06277401 2022-06-30 06277401 2023-06-30 06277401 2022-07-01 2023-06-30 06277401 frs-core:CurrentFinancialInstruments 2023-06-30 06277401 frs-core:ShareCapital 2023-06-30 06277401 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 06277401
Jam For Tea Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Richardsons
Chartered Accountants
99 London Street
Reading
RG1 4QA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06277401
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,919 475
3,919 475
CURRENT ASSETS
Stocks 5 18,000 11,870
Debtors 6 - 1,213
Cash at bank and in hand 7,976 2,072
25,976 15,155
Creditors: Amounts Falling Due Within One Year 7 (29,723 ) (16,317 )
NET CURRENT ASSETS (LIABILITIES) (3,747 ) (1,162 )
TOTAL ASSETS LESS CURRENT LIABILITIES 172 (687 )
NET ASSETS/(LIABILITIES) 172 (687 )
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 162 (697 )
SHAREHOLDERS' FUNDS 172 (687)
Page 1
Page 2
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 her 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
Mrs Lisa Mclaughlin
Director
25th March 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
Jam For Tea Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06277401 . The registered office is 99 London Street, Reading, Berkshire, RG1 4QA.
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 sale of goods and from the rendering of services. 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.
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 20%
Motor Vehicles 25%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Sales, marketing and distribution 1 1
1 1
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2023 3,353
Additions 4,750
As at 30 June 2024 8,103
Depreciation
As at 1 July 2023 2,878
Provided during the period 1,306
As at 30 June 2024 4,184
Net Book Value
As at 30 June 2024 3,919
As at 1 July 2023 475
5. Stocks
2024 2023
£ £
Finished goods 18,000 11,870
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 1,213
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 840 816
Director's loan account 28,883 15,501
29,723 16,317
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 4