Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11212743 Mr Richard Jackson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11212743 2024-03-31 11212743 2025-03-31 11212743 2024-04-01 2025-03-31 11212743 frs-core:CurrentFinancialInstruments 2025-03-31 11212743 frs-core:ShareCapital 2025-03-31 11212743 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11212743 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11212743 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11212743 frs-bus:SmallEntities 2024-04-01 2025-03-31 11212743 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11212743 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11212743 frs-core:UnlistedNon-exchangeTraded 2025-03-31 11212743 frs-core:UnlistedNon-exchangeTraded 2024-03-31 11212743 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 11212743 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 11212743 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 11212743 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 11212743 frs-bus:Director1 2024-04-01 2025-03-31 11212743 frs-countries:EnglandWales 2024-04-01 2025-03-31 11212743 2023-03-31 11212743 2024-03-31 11212743 2023-04-01 2024-03-31 11212743 frs-core:CurrentFinancialInstruments 2024-03-31 11212743 frs-core:Non-currentFinancialInstruments 2024-03-31 11212743 frs-core:ShareCapital 2024-03-31 11212743 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11212743
RJJW Limited
Financial Statements
For The Year Ended 31 March 2025
RC Jackson & Co
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11212743
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 4 200 200
200 200
CURRENT ASSETS
Debtors 5 553,384 640,459
Cash at bank and in hand 36,285 40,344
589,669 680,803
Creditors: Amounts Falling Due Within One Year 6 (597,100 ) (690,153 )
NET CURRENT ASSETS (LIABILITIES) (7,431 ) (9,350 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,231 ) (9,150 )
NET LIABILITIES (7,231 ) (9,150 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (7,331 ) (9,250 )
SHAREHOLDERS' FUNDS (7,231) (9,150)
For the year ending 31 March 2025 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 his 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 Richard Jackson
Director
12/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
RJJW Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11212743 . The registered office is 38 Charlotte Street, London, W1T 2NN.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Investments
Unlisted
£
Cost
As at 1 April 2024 50,200
As at 31 March 2025 50,200
Provision
As at 1 April 2024 50,000
As at 31 March 2025 50,000
Net Book Value
As at 31 March 2025 200
As at 1 April 2024 200
As part of a restructuring of the company's loan to Screen With Envy Limited (SwE), the company purchased 118,000 shares in SwE for consideration of £50,000 on 22 March 2022, representing 10.1% of the issued share capital. 
SwE subsequently commnenced a creditors' voluntary liquidation in November 2022 with the statement of affairs as at 16 November 2022 showing a deficiency as regards members of £7,308,400. 
The company does not expect to recover any of the investment and consequently, the investment has been fully impaired. A £50,000 charge has been included in the administrative expenses line in the P&L for the year ended 31 March 2022.
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 224,034 84,754
Amounts owed by subsidiaries 329,350 331,671
553,384 416,425
Due after more than one year
Other debtors - 224,034
553,384 640,459
On 24 November 2020, the company made a loan to Screen With Envy Limited (SwE) of £1,012,400 secured by a debenture upon SwE and personal guarantees and indemnities from the directors of SwE (Thomas Christopher Chichele Birkert and Lynne Sophie Birkert). 
The loan was due to be repaid in full on 26 July 2021, however SwE failed to make repayment in full. The company agreed a restructuring of the loan on 22 March 2022, which involved subordinating the company's debt to Santander Bank plc and a renewal of the guarantees and indemnities from the directors of SwE.
SwE entered creditors' voluntary liquidation in November 2022 and the statement of affairs at 16 November 2022 showed a deficiency as regards creditors of £7,308,283. 
...CONTINUED
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Page 3
5. Debtors - continued
Consequently, the company does not expect to recover the debt from SwE. The company commenced enforcement action against Thomas Christopher Chichele Birkert and Lynne Sophie Birkert in accordance with the personal guarantees and indemnities signed by the two parties in 2020 and 2022. The two parties initially claimed they were entitled to rescind the personal guarantees and indemnities offered to the company in 2020 and 2022 as they alleged that Richard Jackson (a director and benefiical owner of RJJW Limited and also a director and beneficial owner of 2242242 Limited which numbered SwE among its clients) misrepresented the financial standing of SwE to them; on the basis that the parties would not have entered into the personal guarantees and indemnities had they known the 'true' state of SwE's financial position.
The company did not consider this a valid defence and the company instructed counsel to prepare a court claim (number BL-2024-MAN-000010) against the two parties which was filed with the High Court on 25 January 2024.  Following discussions with the defendants, a settlement agreement was concluded on 24 May 2024 and a sealed Tomlin Order was provided by the Court on 12 June 2024.  
Due to the recoverabillity of the loan being uncertain, the company recognised an impairment charge in the 'interest payable and similar charges' line equal to the loan outstanding at 31 March 2022 (£452,613) in the profit and loss statement for the year ended 31 March 2022.  The company recognised another impairment charge in the 'interest payable and similar charges' line equal to the sum of the interest due on the loan, recharged legal costs and interest due on the personal guarantees for the year ended 31 March 2023 (£154,423) in the profit and loss statement for the year ended 31 March 2023.  
The company has recognised an impairment charge in the 'interest payable and similar charges' line in respect of interest due on the loan, recharged legal costs and interest due on the personal guarantees for the year ended 31 March 2024 and an impairment reversal in the 'interest payable and similar charges' line to reflect the discounted value of amounts due under the settlement agreement as at 31 March 2024.  The company recognised a further impairment reversal in the 'interest payable and similar charges' line to reflect the unwinding of the discount in the year ended 31 March 2025.
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 500
Accruals and deferred income 1,100 600
Director's loan account 585,500 689,053
Amounts owed to related parties 10,500 -
597,100 690,153
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
At the start of the year, loans from investors / members of key management personnel totalling £689,053 were outstanding. Further loans were made to the company during the year totalling £282,000 and repayments of £385,553 were made. The loans have no fixed terms and the rate of interest charged is 0%. At the balance sheet date £585,500 remained outstanding and is presented within creditors: amounts falling due within one year. During the year, a £10,500 loan was made to the company by 2242242 Limited, a company in which Richard Jackson, a director, holds a controlling interest.  The loan has no fixed terms and the rate of interest charged is 0%.
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