Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09489919 Mrs Sarah Ferrie Mr Iain Ferrie true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09489919 2024-03-31 09489919 2025-03-31 09489919 2024-04-01 2025-03-31 09489919 frs-core:CurrentFinancialInstruments 2025-03-31 09489919 frs-core:Non-currentFinancialInstruments 2025-03-31 09489919 frs-core:FurnitureFittings 2025-03-31 09489919 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09489919 frs-core:FurnitureFittings 2024-03-31 09489919 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 09489919 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 09489919 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 09489919 frs-core:MotorVehicles 2025-03-31 09489919 frs-core:MotorVehicles 2024-04-01 2025-03-31 09489919 frs-core:MotorVehicles 2024-03-31 09489919 frs-core:PlantMachinery 2025-03-31 09489919 frs-core:PlantMachinery 2024-04-01 2025-03-31 09489919 frs-core:PlantMachinery 2024-03-31 09489919 frs-core:ShareCapital 2025-03-31 09489919 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09489919 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09489919 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09489919 frs-bus:SmallEntities 2024-04-01 2025-03-31 09489919 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09489919 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09489919 1 2024-04-01 2025-03-31 09489919 frs-bus:Director1 2024-04-01 2025-03-31 09489919 frs-bus:Director2 2024-04-01 2025-03-31 09489919 frs-countries:EnglandWales 2024-04-01 2025-03-31 09489919 2023-03-31 09489919 2024-03-31 09489919 2023-04-01 2024-03-31 09489919 frs-core:CurrentFinancialInstruments 2024-03-31 09489919 frs-core:Non-currentFinancialInstruments 2024-03-31 09489919 frs-core:ShareCapital 2024-03-31 09489919 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09489919
Jill Ferrie & Associates Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Fry Associates
Chartered Accountants
The Quilletts, 4 Netherhampton Road
Harnham
Salisbury
Wiltshire
SP2 8HE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 09489919
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,476,739 1,491,441
1,476,739 1,491,441
CURRENT ASSETS
Debtors 5 351,375 271,711
Cash at bank and in hand 499,423 370,609
850,798 642,320
Creditors: Amounts Falling Due Within One Year 6 (259,835 ) (226,075 )
NET CURRENT ASSETS (LIABILITIES) 590,963 416,245
TOTAL ASSETS LESS CURRENT LIABILITIES 2,067,702 1,907,686
Creditors: Amounts Falling Due After More Than One Year 7 (328,696 ) (332,728 )
NET ASSETS 1,739,006 1,574,958
CAPITAL AND RESERVES
Called up share capital 8 101 101
Profit and Loss Account 1,738,905 1,574,857
SHAREHOLDERS' FUNDS 1,739,006 1,574,958
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 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
Mrs Sarah Ferrie
Director
16/05/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Jill Ferrie & Associates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09489919 . The registered office is Ash Cottage , Newton-on-the-Moor, Morpeth, Northumberland, NE65 9JY.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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%
Leased Vehicles Over time of lease
Motor Vehicles 25% reducing balance
Garden Office Over 10 years
2.4. 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.
2.5. 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.
...CONTINUED
Page 2
Page 3
2.5. Taxation - continued
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: 8 (2024: 9)
8 9
4. Tangible Assets
Land & Property
Freehold Leased Vehicles Motor Vehicles Garden Office Total
£ £ £ £ £
Cost or Valuation
As at 1 April 2024 1,433,100 7,728 64,699 15,800 1,521,327
Disposals - (4,032 ) - - (4,032 )
As at 31 March 2025 1,433,100 3,696 64,699 15,800 1,517,295
Depreciation
As at 1 April 2024 - - 28,306 1,580 29,886
Provided during the period - - 9,090 1,580 10,670
As at 31 March 2025 - - 37,396 3,160 40,556
Net Book Value
As at 31 March 2025 1,433,100 3,696 27,303 12,640 1,476,739
As at 1 April 2024 1,433,100 7,728 36,393 14,220 1,491,441
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 349,284 271,711
Other debtors 2,091 -
351,375 271,711
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 2
Corporation tax 122,211 87,211
Other taxes and social security - 3,084
VAT 95,881 86,073
Other creditors 5,728 9,515
Accruals and deferred income 3,400 3,100
Directors' loan accounts 32,615 37,090
259,835 226,075
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 325,000 325,000
Leased vehicle liabilities 3,696 7,728
328,696 332,728
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 101 101
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
2025 2024
£ £
Mrs Sarah Ferrie 85,000 75,000
Mr Iain Ferrie 85,000 75,000
10. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 192,000 180,000
11. Ultimate Controlling Party
There is no overall controlling interest.
Page 4