Acorah Software Products - Accounts Production 16.2.850 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07937734 Mrs Jacqueline Pope Mr Stephen Pope iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07937734 2023-07-31 07937734 2024-07-31 07937734 2023-08-01 2024-07-31 07937734 frs-core:CurrentFinancialInstruments 2024-07-31 07937734 frs-core:Non-currentFinancialInstruments 2024-07-31 07937734 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-01 2024-07-31 07937734 frs-core:FurnitureFittings 2024-07-31 07937734 frs-core:FurnitureFittings 2023-08-01 2024-07-31 07937734 frs-core:FurnitureFittings 2023-07-31 07937734 frs-core:MotorVehicles 2024-07-31 07937734 frs-core:MotorVehicles 2023-08-01 2024-07-31 07937734 frs-core:MotorVehicles 2023-07-31 07937734 frs-core:OtherResidualIntangibleAssets 2024-07-31 07937734 frs-core:OtherResidualIntangibleAssets 2023-08-01 2024-07-31 07937734 frs-core:OtherResidualIntangibleAssets 2023-07-31 07937734 frs-core:PlantMachinery 2024-07-31 07937734 frs-core:PlantMachinery 2023-08-01 2024-07-31 07937734 frs-core:PlantMachinery 2023-07-31 07937734 frs-core:ShareCapital 2024-07-31 07937734 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07937734 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07937734 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07937734 frs-bus:SmallEntities 2023-08-01 2024-07-31 07937734 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07937734 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07937734 frs-bus:Director1 2023-08-01 2024-07-31 07937734 frs-bus:Director2 2023-08-01 2024-07-31 07937734 frs-countries:EnglandWales 2023-08-01 2024-07-31 07937734 2022-07-31 07937734 2023-07-31 07937734 2022-08-01 2023-07-31 07937734 frs-core:CurrentFinancialInstruments 2023-07-31 07937734 frs-core:Non-currentFinancialInstruments 2023-07-31 07937734 frs-core:ShareCapital 2023-07-31 07937734 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07937734
Jaybee Supplies Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 07937734
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 18,324
Tangible Assets 5 71,099 46,906
71,099 65,230
CURRENT ASSETS
Stocks 6 18,041 8,361
Debtors 7 80,948 46,392
Cash at bank and in hand 7,932 8,189
106,921 62,942
Creditors: Amounts Falling Due Within One Year 8 (79,252 ) (307,116 )
NET CURRENT ASSETS (LIABILITIES) 27,669 (244,174 )
TOTAL ASSETS LESS CURRENT LIABILITIES 98,768 (178,944 )
Creditors: Amounts Falling Due After More Than One Year 9 (118,936 ) (20,000 )
NET LIABILITIES (20,168 ) (198,944 )
CAPITAL AND RESERVES
Called up share capital 10 125 125
Income Statement (20,293 ) (199,069 )
SHAREHOLDERS' FUNDS (20,168) (198,944)
Page 1
Page 2
For the year ending 31 July 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 Income Statement.
On behalf of the board
Mrs Jacqueline Pope
Director
7 April 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Jaybee Supplies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07937734 . The registered office is Unit 9 Victoria Mill, Boot Street, Earby, Lancashire, BB18 6UX.
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
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern asumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue. The board is committed to the success of the company in the following twelve months, and where necessary will endeavour to support the company with all means at their disposal to ensure its continuity.  Therefore the directors still believe it is appropriate to prepare the accounts on a going concern basis.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website It is amortised to income statement over its estimated economic life of 5 years.
2.5. 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 10% on costs
Motor Vehicles 20% on costs
Fixtures & Fittings 20% on costs
2.6. 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.
2.7. 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 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.
...CONTINUED
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2.7. Taxation - continued
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: 5 (2023: 3)
5 3
4. Intangible Assets
Other
£
Cost
As at 1 August 2023 37,868
Disposals (37,868 )
As at 31 July 2024 -
Amortisation
As at 1 August 2023 19,544
Provided during the period 7,574
Disposals (27,118 )
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 -
As at 1 August 2023 18,324
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 August 2023 156,717 - 16,090 172,807
Additions 25,299 3,200 6,275 34,774
Disposals (79,315 ) - (12,166 ) (91,481 )
As at 31 July 2024 102,701 3,200 10,199 116,100
Depreciation
As at 1 August 2023 111,641 - 14,260 125,901
Provided during the period 8,557 213 1,808 10,578
Disposals (79,315 ) - (12,163 ) (91,478 )
As at 31 July 2024 40,883 213 3,905 45,001
Net Book Value
As at 31 July 2024 61,818 2,987 6,294 71,099
As at 1 August 2023 45,076 - 1,830 46,906
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Page 5
6. Stocks
2024 2023
£ £
Stock 18,041 8,361
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 48,100 43,339
Other debtors 32,848 3,053
80,948 46,392
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 38,540 161,207
Bank loans and overdrafts 4,286 10,000
Other creditors 28,497 132,412
Taxation and social security 7,929 3,497
79,252 307,116
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 15,714 20,000
Other creditors 103,222 -
118,936 20,000
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 125 125
11. Exceptional Items
The exceptional items relates to write off Tailor Made Sourcing Ltd credit balance of £112,195, Tailormade Loan  £106,618 and B Rhodes Loan £813 during the year.
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