Acorah Software Products - Accounts Production 16.2.850 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 March 2024 31 March 2024 12725028 Miss Shreenal Jagsi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12725028 2023-07-31 12725028 2024-03-31 12725028 2023-08-01 2024-03-31 12725028 frs-core:CurrentFinancialInstruments 2024-03-31 12725028 frs-core:Non-currentFinancialInstruments 2024-03-31 12725028 frs-core:FurnitureFittings 2024-03-31 12725028 frs-core:FurnitureFittings 2023-08-01 2024-03-31 12725028 frs-core:FurnitureFittings 2023-07-31 12725028 frs-core:NetGoodwill 2023-08-01 2024-03-31 12725028 frs-core:PlantMachinery 2024-03-31 12725028 frs-core:PlantMachinery 2023-08-01 2024-03-31 12725028 frs-core:PlantMachinery 2023-07-31 12725028 frs-core:ShareCapital 2024-03-31 12725028 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12725028 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-03-31 12725028 frs-bus:FilletedAccounts 2023-08-01 2024-03-31 12725028 frs-bus:SmallEntities 2023-08-01 2024-03-31 12725028 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-03-31 12725028 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-03-31 12725028 frs-bus:Director1 2023-08-01 2024-03-31 12725028 frs-countries:EnglandWales 2023-08-01 2024-03-31 12725028 2022-07-31 12725028 2023-07-31 12725028 2022-08-01 2023-07-31 12725028 frs-core:CurrentFinancialInstruments 2023-07-31 12725028 frs-core:Non-currentFinancialInstruments 2023-07-31 12725028 frs-core:WithinOneYear 2023-07-31 12725028 frs-core:ShareCapital 2023-07-31 12725028 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12725028
Jecklesmiles Ltd
Unaudited Financial Statements
For the Period 1 August 2023 to 31 March 2024
Lake & Co
Chartered Accountants
25a Kenton Park Parade
Kenton
Harrow
HA3 8DN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12725028
31 March 2024 31 July 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,216 38,899
29,216 38,899
CURRENT ASSETS
Stocks 5 230,346 204,350
Debtors 6 78,456 40,936
Cash at bank and in hand 36,655 69,067
345,457 314,353
Creditors: Amounts Falling Due Within One Year 7 (351,381 ) (317,285 )
NET CURRENT ASSETS (LIABILITIES) (5,924 ) (2,932 )
TOTAL ASSETS LESS CURRENT LIABILITIES 23,292 35,967
Creditors: Amounts Falling Due After More Than One Year 8 (17,469 ) (23,295 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,551 ) (9,725 )
NET ASSETS 272 2,947
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 172 2,847
SHAREHOLDERS' FUNDS 272 2,947
Page 1
Page 2
For the period 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 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
Miss Shreenal Jagsi
Director
04/04/2025
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
Jecklesmiles Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12725028 . The registered office is 25a Kenton Park Parade, Kenton, Harrow, HA3 8DN.
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 financial statements have been prepared on the going concern basis as the directors have agreed to financially support the company in order to ensure that it can meet its obligations as and when they fall due.
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 rendering of services.


2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 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 20% Straight line method
Fixtures & Fittings 20% Straight line method
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.7. 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.
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2.8. 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 period, 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 period was: 6 (2023: 6)
6 6
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2023 42,000 46,125 88,125
Additions - 9,928 9,928
As at 31 March 2024 42,000 56,053 98,053
Depreciation
As at 1 August 2023 25,200 24,026 49,226
Provided during the period 8,400 11,211 19,611
As at 31 March 2024 33,600 35,237 68,837
Net Book Value
As at 31 March 2024 8,400 20,816 29,216
As at 1 August 2023 16,800 22,099 38,899
5. Stocks
31 March 2024 31 July 2023
£ £
Materials 120,000 105,000
Work in progress 110,346 99,350
230,346 204,350
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Page 5
6. Debtors
31 March 2024 31 July 2023
£ £
Due within one year
Prepayments and accrued income 4,350 4,350
Other debtors 8,700 8,919
Director's loan account 65,406 27,667
78,456 40,936
7. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 July 2023
£ £
Net obligations under finance lease and hire purchase contracts - 1,695
Bank loans and overdrafts 8,333 8,333
Corporation tax 58,024 49,419
Other taxes and social security 2,797 2,037
Net wages 11,027 11,113
Other creditors 266,200 240,188
Accruals and deferred income 5,000 4,500
351,381 317,285
8. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 31 July 2023
£ £
Bank loans 17,469 23,295
9. Obligations Under Finance Leases and Hire Purchase
31 March 2024 31 July 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 1,695
10. Share Capital
31 March 2024 31 July 2023
£ £
Allotted, Called up and fully paid 100 100
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