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 10527888 Mr Harry Lane Mr Neil Lane Ms Lucie Loughlin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10527888 2024-03-31 10527888 2025-03-31 10527888 2024-04-01 2025-03-31 10527888 frs-core:CurrentFinancialInstruments 2025-03-31 10527888 frs-core:Non-currentFinancialInstruments 2025-03-31 10527888 frs-core:ComputerEquipment 2025-03-31 10527888 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10527888 frs-core:ComputerEquipment 2024-03-31 10527888 frs-core:FurnitureFittings 2025-03-31 10527888 frs-core:FurnitureFittings 2024-04-01 2025-03-31 10527888 frs-core:FurnitureFittings 2024-03-31 10527888 frs-core:ShareCapital 2025-03-31 10527888 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10527888 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10527888 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10527888 frs-bus:SmallEntities 2024-04-01 2025-03-31 10527888 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10527888 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10527888 frs-core:UnlistedNon-exchangeTraded 2025-03-31 10527888 frs-core:UnlistedNon-exchangeTraded 2024-03-31 10527888 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 10527888 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 10527888 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 10527888 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 10527888 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 10527888 frs-bus:Director1 2024-04-01 2025-03-31 10527888 frs-bus:Director1 2024-03-31 10527888 frs-bus:Director1 2025-03-31 10527888 frs-bus:Director2 2024-04-01 2025-03-31 10527888 frs-bus:Director3 2024-04-01 2025-03-31 10527888 frs-bus:Director3 2024-03-31 10527888 frs-bus:Director3 2025-03-31 10527888 frs-countries:EnglandWales 2024-04-01 2025-03-31 10527888 2023-03-31 10527888 2024-03-31 10527888 2023-04-01 2024-03-31 10527888 frs-core:CurrentFinancialInstruments 2024-03-31 10527888 frs-core:Non-currentFinancialInstruments 2024-03-31 10527888 frs-core:ShareCapital 2024-03-31 10527888 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10527888
Jam Worldwide Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10527888
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,245 5,134
Investments 5 - 25,000
10,245 30,134
CURRENT ASSETS
Debtors 6 318,150 367,152
Cash at bank and in hand 55,410 118,150
373,560 485,302
Creditors: Amounts Falling Due Within One Year 7 (286,096 ) (526,718 )
NET CURRENT ASSETS (LIABILITIES) 87,464 (41,416 )
TOTAL ASSETS LESS CURRENT LIABILITIES 97,709 (11,282 )
Creditors: Amounts Falling Due After More Than One Year 8 (94,535 ) (236,747 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,562 ) -
NET ASSETS/(LIABILITIES) 612 (248,029 )
CAPITAL AND RESERVES
Called up share capital 9 125 125
Profit and Loss Account 487 (248,154 )
SHAREHOLDERS' FUNDS 612 (248,029)
Page 1
Page 2
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
Mr Neil Lane
Director
03/06/2025
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
Jam Worldwide Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10527888 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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.
2.3. 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 15% WDV
Computer Equipment 15% WDV
2.4. 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.
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 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 11)
9 11
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 994 37,741 38,735
Additions - 6,919 6,919
As at 31 March 2025 994 44,660 45,654
Depreciation
As at 1 April 2024 677 32,924 33,601
Provided during the period 48 1,760 1,808
As at 31 March 2025 725 34,684 35,409
Net Book Value
As at 31 March 2025 269 9,976 10,245
As at 1 April 2024 317 4,817 5,134
5. Investments
Unlisted
£
Cost
As at 1 April 2024 25,000
Disposals (25,000 )
As at 31 March 2025 -
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 25,000
Page 4
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 198,982 168,903
Other debtors 114,168 188,281
313,150 357,184
Due after more than one year
Other debtors 5,000 9,968
318,150 367,152
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 137,735 114,493
Bank loans and overdrafts 43,027 26,243
Other loans - 18,941
Other creditors 2,720 266,725
Taxation and social security 102,614 100,316
286,096 526,718
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 94,535 29,190
Other loans - 207,557
94,535 236,747
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 125 125
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10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Neil Lane 83,297 84,771 132,000 - 36,068
Ms Lucie Loughlin 83,297 84,771 132,000 - 36,068
The above loan is unsecured, interest free and repayable on demand.
11. Related Party Transactions
Included in the Other Debtors is an amount owed from Cooperage Content Limited totalling £41,637 (2014 - £16,225), for which Mr N Lane is a director. No interest is to be charged and no repayment terms have been agreed.
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