Acorah Software Products - Accounts Production 16.2.850 false true false 11 August 2023 31 August 2024 31 August 2024 SC778751 Mr Robert Bridle Ms Abigail Sexton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC778751 2023-08-10 SC778751 2024-08-31 SC778751 2023-08-11 2024-08-31 SC778751 frs-core:CurrentFinancialInstruments 2024-08-31 SC778751 frs-core:InvestmentPropertyIncludedWithinPPE 2024-08-31 SC778751 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-11 2024-08-31 SC778751 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-10 SC778751 frs-core:ShareCapital 2024-08-31 SC778751 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC778751 frs-bus:PrivateLimitedCompanyLtd 2023-08-11 2024-08-31 SC778751 frs-bus:FilletedAccounts 2023-08-11 2024-08-31 SC778751 frs-bus:SmallEntities 2023-08-11 2024-08-31 SC778751 frs-bus:AuditExempt-NoAccountantsReport 2023-08-11 2024-08-31 SC778751 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-11 2024-08-31 SC778751 frs-bus:Director1 2023-08-11 2024-08-31 SC778751 frs-bus:Director2 2023-08-11 2024-08-31 SC778751 frs-countries:Scotland 2023-08-11 2024-08-31
Registered number: SC778751
Jax Bridle Limited
Unaudited Financial Statements
For the Period 11 August 2023 to 31 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC778751
31 August 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 148,469
148,469
CURRENT ASSETS
Cash at bank and in hand 10,478
10,478
Creditors: Amounts Falling Due Within One Year 5 (157,102 )
NET CURRENT ASSETS (LIABILITIES) (146,624 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,845
NET ASSETS 1,845
CAPITAL AND RESERVES
Called up share capital 6 5,000
Profit and Loss Account (3,155 )
SHAREHOLDERS' FUNDS 1,845
For the period ending 31 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
Ms Abigail Sexton
Director
09/05/2025
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
Jax Bridle Limited is a private company, limited by shares, incorporated in Scotland, registered number SC778751 . The registered office is 11 Reynolds Drive, Stepps, Glasgow, G33 6ED.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence in the forseeable future. The validity of this assumption depends on the continued support of the company director for the forthcoming year.
Current liabilities include loans due to the director and related parties, these are repayable on demand. Neither the director nor the related parties will demand repayment of the loan due where this would impair the ability of the company to trade.
The directors believe that it is appropriate for the going concern basis to be used.
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.
Income from investment properties lets are recongnised in the period of receipt.
2.3. 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.
2.4. Financial Instruments
The company only has basic financial instruments.
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured
initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective
interest method, less any impairment.
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans,
are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost
using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Investment Properties
£
Cost
As at 11 August 2023 -
Additions 148,469
As at 31 August 2024 148,469
Net Book Value
As at 31 August 2024 148,469
As at 11 August 2023 -
Page 2
Page 3
Cost or valuation as at 31 August 2024 represented by:
Investment Properties
£
At valuation 148,469
148,469
Investment properties were valued on an open market basis on 31 August 2024 by the directors' for the value of £148,469.
5. Creditors: Amounts Falling Due Within One Year
31 August 2024
£
Accruals and deferred income 1,102
Directors' loan accounts 156,000
157,102
6. Share Capital
31 August 2024
£
Allotted, Called up and fully paid 5,000
Page 3