Acorah Software Products - Accounts Production 16.2.850 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10947894 Mr Robin Head Mrs Sharon Head iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10947894 2023-12-31 10947894 2024-12-31 10947894 2024-01-01 2024-12-31 10947894 frs-core:CurrentFinancialInstruments 2024-12-31 10947894 frs-core:Non-currentFinancialInstruments 2024-12-31 10947894 frs-core:BetweenOneFiveYears 2024-12-31 10947894 frs-core:MotorVehicles 2024-12-31 10947894 frs-core:MotorVehicles 2024-01-01 2024-12-31 10947894 frs-core:MotorVehicles 2023-12-31 10947894 frs-core:PlantMachinery 2024-12-31 10947894 frs-core:PlantMachinery 2024-01-01 2024-12-31 10947894 frs-core:PlantMachinery 2023-12-31 10947894 frs-core:WithinOneYear 2024-12-31 10947894 frs-core:ShareCapital 2024-12-31 10947894 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10947894 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10947894 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10947894 frs-bus:SmallEntities 2024-01-01 2024-12-31 10947894 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10947894 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10947894 frs-bus:Director1 2024-01-01 2024-12-31 10947894 frs-bus:Director2 2024-01-01 2024-12-31 10947894 frs-countries:EnglandWales 2024-01-01 2024-12-31 10947894 2022-12-31 10947894 2023-12-31 10947894 2023-01-01 2023-12-31 10947894 frs-core:CurrentFinancialInstruments 2023-12-31 10947894 frs-core:Non-currentFinancialInstruments 2023-12-31 10947894 frs-core:BetweenOneFiveYears 2023-12-31 10947894 frs-core:WithinOneYear 2023-12-31 10947894 frs-core:ShareCapital 2023-12-31 10947894 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10947894
Jarroxs Investments Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Spicer & Co UK Limited
Chartered Accountants
Staple House
5 Eleanors Cross
Dunstable
Bedfordshire
LU6 1SU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10947894
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 44,269 64,041
Investment Properties 5 298,274 298,274
342,543 362,315
CURRENT ASSETS
Debtors 6 19,940 87,819
Cash at bank and in hand 36,883 1,365
56,823 89,184
Creditors: Amounts Falling Due Within One Year 7 (391,418 ) (388,346 )
NET CURRENT ASSETS (LIABILITIES) (334,595 ) (299,162 )
TOTAL ASSETS LESS CURRENT LIABILITIES 7,948 63,153
Creditors: Amounts Falling Due After More Than One Year 8 (31,578 ) (42,925 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (8,411 ) -
NET (LIABILITIES)/ASSETS (32,041 ) 20,228
CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Profit and Loss Account (33,041 ) 19,228
SHAREHOLDERS' FUNDS (32,041) 20,228
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For the year ending 31 December 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 Robin Head
Director
25/03/2025
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
Jarroxs Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10947894 . The registered office is Staple House, 5 Eleanors Cross, Dunstable, Bedfordshire, England, LU6 1SU.
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
At the balance sheet date, liabilities exceed assets by £32,041. However, the financials statements have been prepared on going concern basis as the company has the continuing support from its director and shareholder. The director is therefore satisfied that the financial statements have been correctly prepared on the 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.
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.
2.4. 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:
Plant & Machinery over 5 years
Motor Vehicles over 5 years
2.5. 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.
2.6. 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. 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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2.8. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.10. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.11. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2024 10,000 88,862 98,862
As at 31 December 2024 10,000 88,862 98,862
Depreciation
As at 1 January 2024 833 33,988 34,821
Provided during the period 2,000 17,772 19,772
As at 31 December 2024 2,833 51,760 54,593
Net Book Value
As at 31 December 2024 7,167 37,102 44,269
As at 1 January 2024 9,167 54,874 64,041
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5. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 298,274
If investment property had been accounted for under historical cost accounting rules, the amounts would be
2024 2023
£ £
Cost 298,274 298,274
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 19,940 87,819
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 11,313 11,278
Trade creditors 166 -
Other creditors 379,939 377,068
391,418 388,346
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 31,578 42,925
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 11,313 11,278
Later than one year and not later than five years 31,578 42,925
42,891 54,203
42,891 54,203
10. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 8,411 -
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11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
12. Reserves
Profit and Loss account
The Profit and Loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholder. This is a distributable reserve.
13. Related Party Transactions
As at balance sheet date, included in creditors are amounts due to directors of £376,962 (2023: £374,098).
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