Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 08325539 Mr J D Lowe Miss M J Horne Mr J D Lowe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08325539 2024-01-31 08325539 2025-01-31 08325539 2024-02-01 2025-01-31 08325539 frs-core:CurrentFinancialInstruments 2025-01-31 08325539 frs-core:ComputerEquipment 2025-01-31 08325539 frs-core:ComputerEquipment 2024-02-01 2025-01-31 08325539 frs-core:ComputerEquipment 2024-01-31 08325539 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-02-01 2025-01-31 08325539 frs-core:FurnitureFittings 2025-01-31 08325539 frs-core:FurnitureFittings 2024-02-01 2025-01-31 08325539 frs-core:FurnitureFittings 2024-01-31 08325539 frs-core:NetGoodwill 2025-01-31 08325539 frs-core:NetGoodwill 2024-02-01 2025-01-31 08325539 frs-core:NetGoodwill 2024-01-31 08325539 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-31 08325539 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-01 2025-01-31 08325539 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 08325539 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 08325539 frs-core:MotorVehicles 2025-01-31 08325539 frs-core:MotorVehicles 2024-02-01 2025-01-31 08325539 frs-core:MotorVehicles 2024-01-31 08325539 frs-core:OtherResidualIntangibleAssets 2025-01-31 08325539 frs-core:OtherResidualIntangibleAssets 2024-02-01 2025-01-31 08325539 frs-core:OtherResidualIntangibleAssets 2024-01-31 08325539 frs-core:PlantMachinery 2025-01-31 08325539 frs-core:PlantMachinery 2024-02-01 2025-01-31 08325539 frs-core:PlantMachinery 2024-01-31 08325539 frs-core:ShareCapital 2025-01-31 08325539 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 08325539 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 08325539 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 08325539 frs-bus:SmallEntities 2024-02-01 2025-01-31 08325539 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 08325539 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 08325539 frs-bus:Director1 2024-02-01 2025-01-31 08325539 frs-bus:Director2 2024-02-01 2025-01-31 08325539 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 08325539 frs-core:CurrentFinancialInstruments 6 2025-01-31 08325539 frs-countries:EnglandWales 2024-02-01 2025-01-31 08325539 2023-01-31 08325539 2024-01-31 08325539 2023-02-01 2024-01-31 08325539 frs-core:CurrentFinancialInstruments 2024-01-31 08325539 frs-core:ShareCapital 2024-01-31 08325539 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 08325539 frs-core:CurrentFinancialInstruments 6 2024-01-31
Registered number: 08325539
Jigsaw Interior Design Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Hixsons
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 08325539
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 53,366 64,650
Tangible Assets 5 122,597 129,523
175,963 194,173
CURRENT ASSETS
Stocks 6 63,044 73,281
Debtors 7 99,562 98,379
Cash at bank and in hand 30,519 -
193,125 171,660
Creditors: Amounts Falling Due Within One Year 8 (218,368 ) (228,335 )
NET CURRENT ASSETS (LIABILITIES) (25,243 ) (56,675 )
TOTAL ASSETS LESS CURRENT LIABILITIES 150,720 137,498
NET ASSETS 150,720 137,498
CAPITAL AND RESERVES
Called up share capital 9 549 549
Profit and Loss Account 150,171 136,949
SHAREHOLDERS' FUNDS 150,720 137,498
For the year ending 31 January 2025 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 J D Lowe
Director
23 May 2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Jigsaw Interior Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08325539 . The registered office is 24 Cecil Avenue, Bournemouth, Dorset, BH8 9EJ.
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.
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.
2.3. 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 20 years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are softwares. It is amortised to profit and loss account over its estimated economic life of 3 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:
Freehold 0
Leasehold 0
Plant & Machinery 50% on cost
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
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.
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
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 year 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 asset reflects 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: 12 (2024: 15)
12 15
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 February 2024 120,000 27,205 147,205
As at 31 January 2025 120,000 27,205 147,205
Amortisation
As at 1 February 2024 66,000 16,555 82,555
Provided during the period 6,000 5,284 11,284
As at 31 January 2025 72,000 21,839 93,839
Net Book Value
As at 31 January 2025 48,000 5,366 53,366
As at 1 February 2024 54,000 10,650 64,650
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 February 2024 14,493 199,196 106,269 31,714
Additions - 76,396 15,700 7,700
Disposals - (118,652 ) (45,824 ) -
As at 31 January 2025 14,493 156,940 76,145 39,414
Depreciation
As at 1 February 2024 - 194,362 24,446 25,473
...CONTINUED
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Page 4
Provided during the period - 43,032 11,086 2,765
Disposals - (118,652 ) (500 ) -
As at 31 January 2025 - 118,742 35,032 28,238
Net Book Value
As at 31 January 2025 14,493 38,198 41,113 11,176
As at 1 February 2024 14,493 4,834 81,823 6,241
Computer Equipment Total
£ £
Cost
As at 1 February 2024 55,759 407,431
Additions 2,642 102,438
Disposals (4,582 ) (169,058 )
As at 31 January 2025 53,819 340,811
Depreciation
As at 1 February 2024 33,627 277,908
Provided during the period 5,832 62,715
Disposals (3,257 ) (122,409 )
As at 31 January 2025 36,202 218,214
Net Book Value
As at 31 January 2025 17,617 122,597
As at 1 February 2024 22,132 129,523
6. Stocks
2025 2024
£ £
Materials 63,044 73,281
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 96,488 86,420
Prepayments and accrued income 3,074 10,592
Other debtors - 1,367
99,562 98,379
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 25,131 5,004
Bank loans and overdrafts - 16,553
Corporation tax 1,507 4,622
Other taxes and social security 5,164 2,720
VAT 50,142 23,079
Other creditors 2,883 2
Other creditors (6) 1,014 1,653
Accruals and deferred income 50,000 -
Directors' loan accounts 82,527 174,702
218,368 228,335
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 549 549
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