Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10041025 Mr J Delgado iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10041025 2023-03-31 10041025 2024-03-31 10041025 2023-04-01 2024-03-31 10041025 frs-core:CurrentFinancialInstruments 2024-03-31 10041025 frs-core:FurnitureFittings 2024-03-31 10041025 frs-core:FurnitureFittings 2023-04-01 2024-03-31 10041025 frs-core:FurnitureFittings 2023-03-31 10041025 frs-core:NetGoodwill 2024-03-31 10041025 frs-core:NetGoodwill 2023-04-01 2024-03-31 10041025 frs-core:NetGoodwill 2023-03-31 10041025 frs-core:ShareCapital 2024-03-31 10041025 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10041025 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10041025 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10041025 frs-bus:SmallEntities 2023-04-01 2024-03-31 10041025 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10041025 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10041025 frs-bus:Director1 2023-04-01 2024-03-31 10041025 frs-bus:Director1 2023-03-31 10041025 frs-bus:Director1 2024-03-31 10041025 frs-countries:EnglandWales 2023-04-01 2024-03-31 10041025 2022-03-31 10041025 2023-03-31 10041025 2022-04-01 2023-03-31 10041025 frs-core:CurrentFinancialInstruments 2023-03-31 10041025 frs-core:ShareCapital 2023-03-31 10041025 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10041025
Jamie Delgado Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Jamie Delgado Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Jamie Delgado Limited
Balance Sheet
As At 31 March 2024
Balance Sheet
Registered number: 10041025

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 3,000 |  | 4,000
Tangible Assets | 5 |  | 390 |  | 520
Investments |  |  | 20,000 |  | 27,309
|  |  | 23,390 |  | 31,829
CURRENT ASSETS
Debtors | 6 | 55,393 |  | 67,999 |
Investments | 7 | 243,071 |  | 208,561 |
Cash at bank and in hand |  | 350,184 |  | 221,385 |
|  | 648,648 |  | 497,945 |
Creditors: Amounts Falling Due Within One Year | 8 | (48,723 ) |  | (20,265 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 599,925 |  | 477,680
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 623,315 |  | 509,509
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (100 ) |  | (100 )
NET ASSETS |  |  | 623,215 |  | 509,409
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | 623,115 |  | 509,309
SHAREHOLDERS' FUNDS |  |  | 623,215 |  | 509,409

Page 1
Page 2
Jamie Delgado Limited
Balance Sheet (continued)
As At 31 March 2024
For the year ending 31 March 2024 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 J Delgado Director
30 April 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Jamie Delgado Limited
Notes to the Financial Statements
For The Year Ended 31 March 2024
Notes to the Financial Statements
1. General Information
Jamie Delgado Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10041025 . The registered office is 6 Brackenbury Lodge, 30 Lingfield Road, Wimbledon, London, SW19 6QH.
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. 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 .... years.
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:

Equipment | 25% on reducing balance

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 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 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.
Page 3
Page 4
Jamie Delgado Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2024
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2023 | 11,000
As at 31 March 2024 | 11,000
Amortisation
As at 1 April 2023 | 7,000
Provided during the period | 1,000
As at 31 March 2024 | 8,000
Net Book Value
As at 31 March 2024 | 3,000
As at 1 April 2023 | 4,000

Acquired from a Director on 1/4/16 at market value, valued by R A Leslie & Co Chartered Accountants.
5. Tangible Assets

| Equipment
--- | ---
| £
Cost
As at 1 April 2023 | 2,880
As at 31 March 2024 | 2,880
Depreciation
As at 1 April 2023 | 2,360
Provided during the period | 130
As at 31 March 2024 | 2,490
Net Book Value
As at 31 March 2024 | 390
As at 1 April 2023 | 520

Page 4
Page 5
Jamie Delgado Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2024
6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 3,600
Director's loan account | 55,393 |  | 64,399
| 55,393 |  | 67,999

7. Current Asset Investments

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Unlisted investments | 243,071 |  | 208,561

8. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Corporation tax | 42,862 |  | 20,076
Other taxes and social security | 665 |  | 131
VAT | - |  | 58
Other creditors | 5,196 |  | -
| 48,723 |  | 20,265

9. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 April 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2024
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Jamie Delgado | 64,399 | 55,393 | 64,399 | - | 55,393

The above loan is unsecured, interest free and repayable on demand.
11. Fixed Asset Investments
Investments were as follows:
Page 5
Page 6
Jamie Delgado Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2024

| 2024 |  | 2023
| £ |  | £
Shares in unlisted companies | 20,000 |  | 27,309
| 20,000 |  | 27,309

Page 6