Acorah Software Products - Accounts Production 16.3.350 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12847529 Mrs K Meggitt Mr L Meggitt Mr & Mrs Meggitt true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12847529 2023-08-31 12847529 2024-08-31 12847529 2023-09-01 2024-08-31 12847529 frs-core:CurrentFinancialInstruments 2024-08-31 12847529 frs-core:ComputerEquipment 2024-08-31 12847529 frs-core:ComputerEquipment 2023-09-01 2024-08-31 12847529 frs-core:ComputerEquipment 2023-08-31 12847529 frs-core:FurnitureFittings 2024-08-31 12847529 frs-core:FurnitureFittings 2023-09-01 2024-08-31 12847529 frs-core:FurnitureFittings 2023-08-31 12847529 frs-core:ShareCapital 2024-08-31 12847529 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12847529 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12847529 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12847529 frs-bus:SmallEntities 2023-09-01 2024-08-31 12847529 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12847529 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12847529 frs-bus:OrdinaryShareClass2 2023-09-01 2024-08-31 12847529 frs-bus:OrdinaryShareClass2 2024-08-31 12847529 frs-bus:OrdinaryShareClass3 2023-09-01 2024-08-31 12847529 frs-bus:OrdinaryShareClass3 2024-08-31 12847529 1 2023-09-01 2024-08-31 12847529 frs-core:CostValuation 2023-08-31 12847529 frs-core:CostValuation 2024-08-31 12847529 frs-core:ProvisionsForImpairmentInvestments 2023-08-31 12847529 frs-core:ProvisionsForImpairmentInvestments 2024-08-31 12847529 frs-bus:Director1 2023-09-01 2024-08-31 12847529 frs-bus:Director2 2023-09-01 2024-08-31 12847529 frs-countries:EnglandWales 2023-09-01 2024-08-31 12847529 2022-08-31 12847529 2023-08-31 12847529 2022-09-01 2023-08-31 12847529 frs-core:CurrentFinancialInstruments 2023-08-31 12847529 frs-core:ShareCapital 2023-08-31 12847529 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 12847529 frs-bus:OrdinaryShareClass2 2022-09-01 2023-08-31 12847529 frs-bus:OrdinaryShareClass3 2022-09-01 2023-08-31
Registered number: 12847529
Juno Ventures Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Richards Associates Limited
North Lodge
Hawkesyard
Rugeley
Staffordshire
WS15 1PS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12847529
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 61 1,412
Investments 5 69 69
130 1,481
CURRENT ASSETS
Debtors 6 1,320 1,313
Cash at bank and in hand 48,204 93,789
49,524 95,102
Creditors: Amounts Falling Due Within One Year 7 (8,763 ) (9,618 )
NET CURRENT ASSETS (LIABILITIES) 40,761 85,484
TOTAL ASSETS LESS CURRENT LIABILITIES 40,891 86,965
NET ASSETS 40,891 86,965
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 40,791 86,865
SHAREHOLDERS' FUNDS 40,891 86,965
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For the year 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
Mr L Meggitt
Director
23 May 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Juno Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12847529 . The registered office is 123 Gordon Road, Enfield, Middlesex, EN2 0PZ.
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 time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
The directors continue to adopt the going concern basis of accounting in preparing financial statements.
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.
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:
Fixtures & Fittings 25% - on cost
Computer Equipment Straight line over 3 years
2.5. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 4,967 623 5,590
As at 31 August 2024 4,967 623 5,590
Depreciation
As at 1 September 2023 3,664 514 4,178
Provided during the period 1,242 109 1,351
As at 31 August 2024 4,906 623 5,529
Net Book Value
As at 31 August 2024 61 - 61
As at 1 September 2023 1,303 109 1,412
5. Investments
Associates
£
Cost
As at 1 September 2023 69
As at 31 August 2024 69
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 69
As at 1 September 2023 69
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The company's investments at the Balance Sheet date in the share capital of companies include the
following:
Associated company
Forster Chase Group Limited
Registered office: Warnford Court, 29 Throgmorton Street, London, EC2N 2AT
Nature of business: Recruitment
                                                                    %
Class of shares:                                       holding
Ordinary C                                                 22.50
2024
£
Aggregate capital and reserves
(62,978)
Profit for the period
124,907
image
The accounts year end of this associated company is 31 March 2023.
6. Debtors
2024 2023
£ £
Due within one year
Corporation tax recoverable assets 1,177 1,177
VAT 143 136
1,320 1,313
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 870 24
Other creditors 7,340 9,091
Accruals and deferred income 550 500
Directors' loan accounts 3 3
8,763 9,618
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
50 Ordinary A shares of £ 1.00 each 50 50
50 Ordinary B shares of £ 1.00 each 50 50
100 100
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9. Related Party Transactions
At the balance sheet date there was an outstanding balance of £7,340 (2023: £9,091) due to Forster Chase Group Limited a company in which Juno Ventures Limited owns 22.5% of the issued share capital, . This loan is interest free and repayable upon demand.
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr & Mrs Meggitt by virtue of their ownership of 100% of the issued share capital in the company.
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