Acorah Software Products - Accounts Production 16.2.850 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 08226791 Mr Francis Millerick Mr Josephine Millerick Mr Johnathan Millerick Mrs Caroline Millerick iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08226791 2023-09-30 08226791 2024-09-30 08226791 2023-10-01 2024-09-30 08226791 frs-core:CurrentFinancialInstruments 2024-09-30 08226791 frs-core:Non-currentFinancialInstruments 2024-09-30 08226791 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 08226791 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 08226791 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 08226791 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 08226791 frs-core:RevaluationReserve 2023-09-30 08226791 frs-core:RevaluationReserve 2024-09-30 08226791 frs-core:SharePremium 2024-09-30 08226791 frs-core:ShareCapital 2024-09-30 08226791 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 08226791 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08226791 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 08226791 frs-bus:SmallEntities 2023-10-01 2024-09-30 08226791 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08226791 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08226791 frs-core:UnlistedNon-exchangeTraded 2024-09-30 08226791 frs-core:UnlistedNon-exchangeTraded 2023-09-30 08226791 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-30 08226791 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-30 08226791 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-30 08226791 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 08226791 frs-bus:Director1 2023-10-01 2024-09-30 08226791 frs-bus:Director2 2023-10-01 2024-09-30 08226791 frs-bus:Director3 2023-10-01 2024-09-30 08226791 frs-bus:Director4 2023-10-01 2024-09-30 08226791 frs-countries:EnglandWales 2023-10-01 2024-09-30 08226791 2022-09-30 08226791 2023-09-30 08226791 2022-10-01 2023-09-30 08226791 frs-core:CurrentFinancialInstruments 2023-09-30 08226791 frs-core:Non-currentFinancialInstruments 2023-09-30 08226791 frs-core:RevaluationReserve 2023-09-30 08226791 frs-core:SharePremium 2023-09-30 08226791 frs-core:ShareCapital 2023-09-30 08226791 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 08226791
Joncaro Investments Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
M Ashton Accountants Ltd
Chartered Certified Accountants
18 Tiverton Road
Ruislip
HA4 0BW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08226791
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,056,000 2,056,000
Investments 5 1,760 1,760
2,057,760 2,057,760
CURRENT ASSETS
Debtors 6 90,520 90,520
Cash at bank and in hand 10,324 12,728
100,844 103,248
Creditors: Amounts Falling Due Within One Year 7 (717,372 ) (765,656 )
NET CURRENT ASSETS (LIABILITIES) (616,528 ) (662,408 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,441,232 1,395,352
Creditors: Amounts Falling Due After More Than One Year 8 (197,960 ) (197,960 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (95,049 ) (95,049 )
NET ASSETS 1,148,223 1,102,343
CAPITAL AND RESERVES
Called up share capital 9 101 101
Share premium account 1,749 1,749
Revaluation reserve 10 535,540 535,540
Profit and Loss Account 610,833 564,953
SHAREHOLDERS' FUNDS 1,148,223 1,102,343
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For the year ending 30 September 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 Francis Millerick
Director
15/04/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Joncaro Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08226791 . The registered office is 18 Tiverton Road, Ruislip, HA4 0BW.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
The company receives revenue in respect of the provision of consultancy serviices, and also receives
rental income in respect of its investment properties. Revenue is recognised to the extent that it is
probable that the economic benefits will flow to the company and the revenue can be reliably
measured. Revenue is measured as the fair value of the consideration received or receivable,
excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also
be met before revenue is recognised:

- the amount of revenue can be measured reliably;
- it is probable that the company will receive the consideration due under the lease;
- the costs incurred can be measured reliably.

The company considers that consultancy income becomes payable over the period that the
consultancy services are provided, and that rental income becomes payable in accordance with the
occupancy of the properties by its tenants, and recognises revenue accordingly.
2.4. 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.
2.5. Financial Instruments
The company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans
and other accounts receivable and payable, are initially measured at present value of the future cash
flows and subsequently at amortised cost using the effective interest method. Debt instruments that
are payable or receivable within one year, typically trade debtors and creditors, are measured, initially
and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid
or received. However, if the arrangements of a short-term instrument constitute a financing
transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an
out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially
at the present value of future cash flows discounted at a market rate of interest for a similar debt
instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the
case of a small company, or a public benefit entity concessionary loan.
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2.6. 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.
2.7. Interest income
Interest income is recognised in profit or loss using the effective interest method.
2.8. Valuation of investments
Investments in associates are measured at cost less accumulated impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Land & Property
Freehold Leasehold Total
£ £ £
Cost
As at 1 October 2023 1,315,000 741,000 2,056,000
As at 30 September 2024 1,315,000 741,000 2,056,000
Net Book Value
As at 30 September 2024 1,315,000 741,000 2,056,000
As at 1 October 2023 1,315,000 741,000 2,056,000
Page 4
Page 5
5. Investments
Unlisted
£
Cost
As at 1 October 2023 1,760
As at 30 September 2024 1,760
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 1,760
As at 1 October 2023 1,760
The 2021 valuations were made by the directors, on an open market value for existing use basis.
6. Debtors
2024 2023
£ £
Due within one year
Amounts owed by other participating interests 90,520 90,520
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 13,991 10,714
Accruals and deferred income 4,060 4,060
Directors' loan accounts 699,321 750,882
717,372 765,656
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 197,960 197,960
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 101 101
10. Reserves
Revaluation Reserve
£
As at 1 October 2023 535,540
As at 30 September 2024 535,540
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11. Related Party Transactions
At the balance sheet date, the company owed £699,321 (2023 - £750,882) to the directors.
At the balance sheet date, the company was owed £90,520 (2023 - £90,520) by associated undertakings.
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