Acorah Software Products - Accounts Production 16.3.350 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 07288089 Mr Nicholas Harris Mrs Meghan Harris true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07288089 2023-06-30 07288089 2024-06-30 07288089 2023-07-01 2024-06-30 07288089 frs-core:CurrentFinancialInstruments 2024-06-30 07288089 frs-core:ShareCapital 2024-06-30 07288089 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 07288089 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07288089 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 07288089 frs-bus:SmallEntities 2023-07-01 2024-06-30 07288089 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07288089 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07288089 1 2023-07-01 2024-06-30 07288089 frs-bus:Director1 2023-07-01 2024-06-30 07288089 frs-bus:Director2 2023-07-01 2024-06-30 07288089 frs-countries:EnglandWales 2023-07-01 2024-06-30 07288089 2022-06-30 07288089 2023-06-30 07288089 2022-07-01 2023-06-30 07288089 frs-core:CurrentFinancialInstruments 2023-06-30 07288089 frs-core:ShareCapital 2023-06-30 07288089 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 07288089
JJ Tilley Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—5
Page 1
Company Information
Directors Mr Nicholas Harris
Mrs Meghan Harris
Company Number 07288089
Registered Office Westmead
15 St. Mary's Road
Leatherhead
Surrey
KT22 8HB
Accountants Byrne & Company Chartered Accountant
Suite 1532
26 Upper Pembroke Street
Dublin 2
D02X 361
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Balance Sheet
Registered number: 07288089
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 176,804 272,678
176,804 272,678
Creditors: Amounts Falling Due Within One Year 4 (13,127 ) (96,941 )
NET CURRENT ASSETS (LIABILITIES) 163,677 175,737
TOTAL ASSETS LESS CURRENT LIABILITIES 163,677 175,737
NET ASSETS 163,677 175,737
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 163,577 175,637
SHAREHOLDERS' FUNDS 163,677 175,737
For the year ending 30 June 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 Nicholas Harris
Director
26th June 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
JJ Tilley Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07288089 . The registered office is Westmead, 15 St. Mary's Road, Leatherhead, Surrey, KT22 8HB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements have been prepared in accordance with accounting standards generally accepted in the United Kingdom and the Companies Act 2006. Accounting standards generally accepted in the United Kingdom in preparing financial statements giving a true and fair view are those published by the Institute of Chartered Accountants in England and Wales and issued by the Accounting Standards Board.
2.2. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. 
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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2.3. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,127 1,127
Directors' loan accounts 12,000 95,814
13,127 96,941
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
6. Related Party Transactions
During the year, total dividends of £12,000 (2023 - £Nil) were paid to the directors.
Amounts owed to directors: 
                                                                   At 1 July                                                                         At 30 June
                                                                     2023                 Advances           Repayments                 2024
                                                                       £                            £                          £                             £
N Harris                                                       47,907                   12,000                47,907                   12,000
Mrs M Harris                                                47,907                            -                 47,907                            -
                                                                    95,814                   12,000                 95,814                  12,000
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7. Ultimate Controlling Party
In the opinion of the directors, the company was controlled by N and M Harris throughout the period.
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