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 08771724 Mr Jason Teviotdale iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08771724 2024-01-31 08771724 2025-01-31 08771724 2024-02-01 2025-01-31 08771724 frs-core:CurrentFinancialInstruments 2025-01-31 08771724 frs-core:NetGoodwill 2025-01-31 08771724 frs-core:NetGoodwill 2024-02-01 2025-01-31 08771724 frs-core:NetGoodwill 2024-01-31 08771724 frs-core:MotorVehicles 2025-01-31 08771724 frs-core:MotorVehicles 2024-02-01 2025-01-31 08771724 frs-core:MotorVehicles 2024-01-31 08771724 frs-core:PlantMachinery 2025-01-31 08771724 frs-core:PlantMachinery 2024-02-01 2025-01-31 08771724 frs-core:PlantMachinery 2024-01-31 08771724 frs-core:ShareCapital 2025-01-31 08771724 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 08771724 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 08771724 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 08771724 frs-bus:SmallEntities 2024-02-01 2025-01-31 08771724 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 08771724 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 08771724 frs-bus:Director1 2024-02-01 2025-01-31 08771724 frs-countries:EnglandWales 2024-02-01 2025-01-31 08771724 2023-01-31 08771724 2024-01-31 08771724 2023-02-01 2024-01-31 08771724 frs-core:CurrentFinancialInstruments 2024-01-31 08771724 frs-core:ShareCapital 2024-01-31 08771724 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 08771724
Jason Teviotdale Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Steve Pye & Co.
Chartered Certified Accountants
Unit 10 Aylsham Business Park
Richard Oakes Road
Aylsham
Norfolk
NR11 6FD
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Company Information
Director Mr Jason Teviotdale
Company Number 08771724
Registered Office 61 Eckersley Drive
Fakenham
NR21 9RY
Accountants Steve Pye & Co.
Chartered Certified Accountants
Unit 10 Aylsham Business Park
Richard Oakes Road
Aylsham
Norfolk
NR11 6FD
Page 1
Page 2
Balance Sheet
Registered number: 08771724
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 12,769 15,988
12,769 15,988
CURRENT ASSETS
Stocks 6 23,650 18,944
Debtors 7 1,077 54,756
Cash at bank and in hand 129,831 134,511
154,558 208,211
Creditors: Amounts Falling Due Within One Year 8 (66,851 ) (95,900 )
NET CURRENT ASSETS (LIABILITIES) 87,707 112,311
TOTAL ASSETS LESS CURRENT LIABILITIES 100,476 128,299
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,425 ) (3,676 )
NET ASSETS 98,051 124,623
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 98,050 124,622
SHAREHOLDERS' FUNDS 98,051 124,623
Page 2
Page 3
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Jason Teviotdale
Director
13 June 2025
The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Jason Teviotdale Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08771724 . The registered office is 61 Eckersley Drive, Fakenham, NR21 9RY.  The presentation currency of the financial statements is the Pound Sterling (£).
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. Significant judgements and estimations
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources.  The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant.  Actual results may differ from these estimates.  The estimates and underliyng assumptions are reviewed on an ongoing basis.  Revisions to accounting estimates are recognised in the period to which the estimate is revised if the revision affects only that period or in the period of revision and future periods if the revision affects both current and future periods.  The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are the depreciation charges that are calculated with reference to the useful economic life of fixed assets.
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.
2.4. 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 5 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:
Plant & Machinery 25% on reducing balance
Motor Vehicles 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. Financial Instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.
a) Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.
b) Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.
c) Impairment of financial assets
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
...CONTINUED
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2.7. Financial Instruments - continued
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.
d) Trade and other creditors
Debt instruments like loans and other accounts payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable within one year, typically trade payables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
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 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 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 1 (2024: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2024 10,000
As at 31 January 2025 10,000
Amortisation
As at 1 February 2024 10,000
As at 31 January 2025 10,000
...CONTINUED
Page 5
Page 6
Net Book Value
As at 31 January 2025 -
As at 1 February 2024 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 February 2024 10,960 39,340 50,300
Additions 1,036 - 1,036
As at 31 January 2025 11,996 39,340 51,336
Depreciation
As at 1 February 2024 8,059 26,253 34,312
Provided during the period 984 3,271 4,255
As at 31 January 2025 9,043 29,524 38,567
Net Book Value
As at 31 January 2025 2,953 9,816 12,769
As at 1 February 2024 2,901 13,087 15,988
6. Stocks
2025 2024
£ £
Stock 3,275 3,052
Work in progress 20,375 15,892
23,650 18,944
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 47,828
Other debtors 1,077 6,928
1,077 54,756
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 14,716 19,564
Other creditors 21,496 9,749
Taxation and social security 30,639 66,587
66,851 95,900
Page 6
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 7