Acorah Software Products - Accounts Production 16.2.850 false true 30 August 2023 31 August 2022 false 31 August 2023 30 August 2024 30 August 2024 03217564 Mr Stephen Linn Mr Kevin Day iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03217564 2023-08-30 03217564 2024-08-30 03217564 2023-08-31 2024-08-30 03217564 frs-core:CurrentFinancialInstruments 2024-08-30 03217564 frs-core:Non-currentFinancialInstruments 2024-08-30 03217564 frs-core:BetweenOneFiveYears 2024-08-30 03217564 frs-core:ComputerEquipment 2024-08-30 03217564 frs-core:ComputerEquipment 2023-08-31 2024-08-30 03217564 frs-core:ComputerEquipment 2023-08-30 03217564 frs-core:FurnitureFittings 2024-08-30 03217564 frs-core:FurnitureFittings 2023-08-31 2024-08-30 03217564 frs-core:FurnitureFittings 2023-08-30 03217564 frs-core:NetGoodwill 2024-08-30 03217564 frs-core:NetGoodwill 2023-08-31 2024-08-30 03217564 frs-core:NetGoodwill 2023-08-30 03217564 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-30 03217564 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 2024-08-30 03217564 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-30 03217564 frs-core:PlantMachinery 2024-08-30 03217564 frs-core:PlantMachinery 2023-08-31 2024-08-30 03217564 frs-core:PlantMachinery 2023-08-30 03217564 frs-core:WithinOneYear 2024-08-30 03217564 frs-core:ShareCapital 2024-08-30 03217564 frs-core:RetainedEarningsAccumulatedLosses 2024-08-30 03217564 frs-bus:PrivateLimitedCompanyLtd 2023-08-31 2024-08-30 03217564 frs-bus:FilletedAccounts 2023-08-31 2024-08-30 03217564 frs-bus:SmallEntities 2023-08-31 2024-08-30 03217564 frs-bus:AuditExempt-NoAccountantsReport 2023-08-31 2024-08-30 03217564 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-31 2024-08-30 03217564 frs-core:ListedExchangeTraded 2024-08-30 03217564 frs-core:ListedExchangeTraded 2023-08-30 03217564 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-08-30 03217564 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-08-30 03217564 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-08-30 03217564 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-08-30 03217564 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-08-30 03217564 frs-bus:Director1 2023-08-31 2024-08-30 03217564 frs-bus:Director1 2023-08-30 03217564 frs-bus:Director1 2024-08-30 03217564 frs-bus:Director2 2023-08-31 2024-08-30 03217564 frs-bus:Director2 2023-08-30 03217564 frs-bus:Director2 2024-08-30 03217564 frs-countries:EnglandWales 2023-08-31 2024-08-30 03217564 2022-08-30 03217564 2023-08-30 03217564 2022-08-31 2023-08-30 03217564 frs-core:CurrentFinancialInstruments 2023-08-30 03217564 frs-core:Non-currentFinancialInstruments 2023-08-30 03217564 frs-core:BetweenOneFiveYears 2023-08-30 03217564 frs-core:PlantMachinery 2022-08-31 2023-08-30 03217564 frs-core:WithinOneYear 2023-08-30 03217564 frs-core:ShareCapital 2023-08-30 03217564 frs-core:RetainedEarningsAccumulatedLosses 2023-08-30
Registered number: 03217564
E.M.J. Management Limited
Unaudited Financial Statements
For The Year Ended 30 August 2024
Johnston Wood Roach Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03217564
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,400 3,600
Tangible Assets 5 35,416 7,839
Investments 6 - 29,173
37,816 40,612
CURRENT ASSETS
Stocks 7 176,250 200,000
Debtors 8 1,288,372 1,159,893
Cash at bank and in hand 10,918 67,321
1,475,540 1,427,214
Creditors: Amounts Falling Due Within One Year 9 (1,276,275 ) (1,250,421 )
NET CURRENT ASSETS (LIABILITIES) 199,265 176,793
TOTAL ASSETS LESS CURRENT LIABILITIES 237,081 217,405
Creditors: Amounts Falling Due After More Than One Year 10 (20,817 ) (27,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,710 ) (1,784 )
NET ASSETS 207,554 188,121
CAPITAL AND RESERVES
Called up share capital 12 6 6
Profit and Loss Account 207,548 188,115
SHAREHOLDERS' FUNDS 207,554 188,121
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For the year ending 30 August 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 Stephen Linn
Director
8 May 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
E.M.J. Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03217564 . The registered office is Portfield Corner, Portfield Road, Portsmouth, Hampshire, PO3 5GP.
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. 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.
2.3. 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 .... years.
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 15% Reducing Balance
Fixtures & Fittings 10% Reducing Balance
Computer Equipment 20% Reducing Balance
2.5. 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.
2.6. 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.
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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.
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 24 (2023: 22)
24 22
4. Intangible Assets
Goodwill
£
Cost
As at 31 August 2023 100,135
As at 30 August 2024 100,135
Amortisation
As at 31 August 2023 96,535
Provided during the period 1,200
As at 30 August 2024 97,735
Net Book Value
As at 30 August 2024 2,400
As at 31 August 2023 3,600
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 31 August 2023 - 39,013 - 22,584 61,597
Additions - - 16,000 1,422 17,422
Other 13,471 - - - 13,471
As at 30 August 2024 13,471 39,013 16,000 24,006 92,490
...CONTINUED
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Depreciation
As at 31 August 2023 - 37,607 - 16,151 53,758
Provided during the period - 211 1,600 1,505 3,316
As at 30 August 2024 - 37,818 1,600 17,656 57,074
Net Book Value
As at 30 August 2024 13,471 1,195 14,400 6,350 35,416
As at 31 August 2023 - 1,406 - 6,433 7,839
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Plant & Machinery 14,400 -
6. Investments
Listed
£
Cost
As at 31 August 2023 29,173
Disposals (29,173 )
As at 30 August 2024 -
Provision
As at 31 August 2023 -
As at 30 August 2024 -
Net Book Value
As at 30 August 2024 -
As at 31 August 2023 29,173
7. Stocks
2024 2023
£ £
Stock 176,250 200,000
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 709,818 649,881
Other debtors 578,554 510,012
1,288,372 1,159,893
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9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,050 -
Trade creditors 443,400 427,920
Bank loans and overdrafts 15,000 15,000
Other creditors 709,987 726,818
Taxation and social security 102,838 80,683
1,276,275 1,250,421
10. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 8,317 -
Bank loans 12,500 27,500
20,817 27,500
11. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,050 -
Later than one year and not later than five years 8,317 -
13,367 -
13,367 -
12. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 6 6
13. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 31 August 2023 Amounts advanced Amounts repaid Amounts written off As at 30 August 2024
£ £ £ £ £
Mr Stephen Linn (6,500 ) 16,500 25,000 - (15,000 )
Mr Kevin Day 8,537 - - - 8,537
The above loan is unsecured, interest free and repayable on demand.
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