Acorah Software Products - Accounts Production 16.3.350 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12081718 Ms Anna Joseph iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12081718 2023-07-31 12081718 2024-07-31 12081718 2023-08-01 2024-07-31 12081718 frs-core:CurrentFinancialInstruments 2024-07-31 12081718 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12081718 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12081718 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12081718 frs-bus:SmallEntities 2023-08-01 2024-07-31 12081718 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12081718 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12081718 frs-bus:Director1 2023-08-01 2024-07-31 12081718 frs-countries:EnglandWales 2023-08-01 2024-07-31 12081718 2022-07-31 12081718 2023-07-31 12081718 2022-08-01 2023-07-31 12081718 frs-core:CurrentFinancialInstruments 2023-07-31 12081718 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12081718
Joseph Mentoring Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12081718
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 786,283 53,700
Cash at bank and in hand 17,122 781,380
803,405 835,080
Creditors: Amounts Falling Due Within One Year 5 (51,386 ) (197,757 )
NET CURRENT ASSETS (LIABILITIES) 752,019 637,323
TOTAL ASSETS LESS CURRENT LIABILITIES 752,019 637,323
NET ASSETS 752,019 637,323
Profit and Loss Account 752,019 637,323
SHAREHOLDERS' FUNDS 752,019 637,323
For the year ending 31 July 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 her 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
Ms Anna Joseph
Director
26th June 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Joseph Mentoring Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12081718 . The registered office is 38 Ormonde Gate, London, SW3 4HA.
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. Going Concern Disclosure
The director has taken the decision to cease trading and there are no current plans to recommence. As such the going concern basis is unlikley to be appropriate for these financial statements and they are prepared on a non-going concern basis with adjustments to write down assets to their realisable value and provide for any further liabilities that arise from this basis
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
Revenue from a contract to provide services is recognised in the period over which the services are provided
2.4. 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: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 53,700
Other debtors 779,083 -
Other taxes and social security 7,200 -
786,283 53,700
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 39,385 117,383
Other taxes and social security - 46,584
Accruals and deferred income - 24,000
Director's loan account 12,001 9,790
51,386 197,757
6. Share Capital
2024 2023
£ £
Allotted and Called Up Share Capital consists of 10 Ordinary Shares of £0.01 each which are fully paid.
7. Related Party Transactions
The directorDirector and shareholderThe director has a credit loan balance with the company which is lent on an unsecured, interest free basis and is repayable on demand. At the year end the balance owed to the director amounted to £12,001 (2023: £9,790)

The director

Director and shareholder

The director has a credit loan balance with the company which is lent on an unsecured, interest free basis and is repayable on demand. At the year end the balance owed to the director amounted to £12,001 (2023: £9,790)

J & A Mentoring Partners LimitedThe company director has a significant interest in J & A Mentoring Partners Limited.During the year the company provided services to J & A Mentoring Partners Limited amounting to £89,063 and received services amounting to £24,000. The company's unfulfilled contracts of £72,000 were transferred to J & A Mentoring Partners Ltd. At the year end the balance owed by J & A Mentoring Partners Limited amounted to £779,082 (2023: £53,700).

J & A Mentoring Partners Limited

The company director has a significant interest in J & A Mentoring Partners Limited.

During the year the company provided services to J & A Mentoring Partners Limited amounting to £89,063 and received services amounting to £24,000. The company's unfulfilled contracts of £72,000 were transferred to J & A Mentoring Partners Ltd. At the year end the balance owed by J & A Mentoring Partners Limited amounted to £779,082 (2023: £53,700).

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