Acorah Software Products - Accounts Production 16.1.200 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09106501 Mr Alberto Torres Sosa Mr Carlos Torres Sosa true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09106501 2023-06-30 09106501 2024-06-30 09106501 2023-07-01 2024-06-30 09106501 frs-core:CurrentFinancialInstruments 2024-06-30 09106501 frs-core:ComputerEquipment 2024-06-30 09106501 frs-core:ComputerEquipment 2023-07-01 2024-06-30 09106501 frs-core:ComputerEquipment 2023-06-30 09106501 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 09106501 frs-core:FurnitureFittings 2024-06-30 09106501 frs-core:FurnitureFittings 2023-07-01 2024-06-30 09106501 frs-core:FurnitureFittings 2023-06-30 09106501 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 09106501 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 09106501 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 09106501 frs-core:OtherResidualIntangibleAssets 2024-06-30 09106501 frs-core:OtherResidualIntangibleAssets 2023-07-01 2024-06-30 09106501 frs-core:OtherResidualIntangibleAssets 2023-06-30 09106501 frs-core:PlantMachinery 2024-06-30 09106501 frs-core:PlantMachinery 2023-07-01 2024-06-30 09106501 frs-core:PlantMachinery 2023-06-30 09106501 frs-core:ShareCapital 2024-06-30 09106501 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09106501 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09106501 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09106501 frs-bus:SmallEntities 2023-07-01 2024-06-30 09106501 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09106501 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09106501 1 2023-07-01 2024-06-30 09106501 frs-bus:Director1 2023-07-01 2024-06-30 09106501 frs-bus:Director2 2023-07-01 2024-06-30 09106501 frs-core:CurrentFinancialInstruments 2 2024-06-30 09106501 frs-core:CurrentFinancialInstruments 8 2024-06-30 09106501 frs-core:CurrentFinancialInstruments 9 2024-06-30 09106501 frs-countries:EnglandWales 2023-07-01 2024-06-30 09106501 2022-06-30 09106501 2023-06-30 09106501 2022-07-01 2023-06-30 09106501 frs-core:CurrentFinancialInstruments 2023-06-30 09106501 frs-core:ShareCapital 2023-06-30 09106501 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 09106501 frs-core:CurrentFinancialInstruments 2 2023-06-30 09106501 frs-core:CurrentFinancialInstruments 8 2023-06-30 09106501 frs-core:CurrentFinancialInstruments 9 2023-06-30
Registered number: 09106501
Jamon & Health Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09106501
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 2,092
Tangible Assets 5 113,496 113,242
113,496 115,334
CURRENT ASSETS
Stocks 6 8,358 7,873
Debtors 7 74,637 38,809
Cash at bank and in hand 109,950 166,041
192,945 212,723
Creditors: Amounts Falling Due Within One Year 8 (87,889 ) (127,801 )
NET CURRENT ASSETS (LIABILITIES) 105,056 84,922
TOTAL ASSETS LESS CURRENT LIABILITIES 218,552 200,256
NET ASSETS 218,552 200,256
CAPITAL AND RESERVES
Called up share capital 9 166,230 166,230
Profit and Loss Account 52,322 34,026
SHAREHOLDERS' FUNDS 218,552 200,256
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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 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 Alberto Torres Sosa
Director
27/03/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Jamon & Health Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09106501 . The registered office is 167 , Upper Street, London, N1 1US.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are License, It is amortised to Profit and Loss Account over its estimated economic life of 2 years and 10 years on different assets.
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:
Leasehold 0%
Plant & Machinery 25% SLM
Fixtures & Fittings 25% SLM
Office Equipment 25% SLM
2.5. 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.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. 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.
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 12 (2023: 7)
12 7
4. Intangible Assets
Other
£
Cost
As at 1 July 2023 21,442
As at 30 June 2024 21,442
Amortisation
As at 1 July 2023 19,350
Provided during the period 2,092
As at 30 June 2024 21,442
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 2,092
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Office Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 107,952 23,341 2,211 1,048 134,552
Additions - 2,283 - - 2,283
As at 30 June 2024 107,952 25,624 2,211 1,048 136,835
...CONTINUED
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Depreciation
As at 1 July 2023 - 19,498 1,246 566 21,310
Provided during the period - 1,466 364 199 2,029
As at 30 June 2024 - 20,964 1,610 765 23,339
Net Book Value
As at 30 June 2024 107,952 4,660 601 283 113,496
As at 1 July 2023 107,952 3,843 965 482 113,242
6. Stocks
2024 2023
£ £
Stock 8,358 7,873
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 16,684 2,433
Prepayments and accrued income 20,754 2,626
Other debtors 3,449 -
Upper Street - Rent Deposit 33,750 33,750
74,637 38,809
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 42,896 79,580
Corporation tax 4,225 5,451
Other taxes and social security 1,131 1,459
VAT 11,672 17,831
Net wages 15,296 17,908
Pension contribution 624 1,689
Tronc - PAYE 863 1,030
Loan Interest payable - 3,458
Close Brother Premium Fin(Jelf) - (605 )
Accruals 11,182 -
87,889 127,801
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 166,230 166,230
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10. Related Party Transactions
During the year, the company has paid off the loan from Jamon Y Salud SA, a company registered in Spain and the closing balance as of 30/06/2024 is £Nil (2023 : NIL) and the same has been included under creditors note 8 above.
During the period, the company purchased goods of £57,225 from Jamon Y Salud SA. The companies owes £15,170.28 to Jamon Y Salud SA and the same is included under trade creditors note 8 above.
During the period, the company Sales goods of £5,099 to Jamon Y Salud SA. The companies owes nothing from Jamon Y Salud SA.
11. Ultimate Controlling Party
The company's ultimate controlling party is MR Alberto Torres Sosa by virtue of his ownership of 25% but not more 50% of the issued share capital in the company.
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