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 08019105 Ms J A Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08019105 2023-03-31 08019105 2024-03-31 08019105 2023-04-01 2024-03-31 08019105 frs-core:CurrentFinancialInstruments 2024-03-31 08019105 frs-core:Non-currentFinancialInstruments 2024-03-31 08019105 frs-core:ShareCapital 2024-03-31 08019105 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08019105 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08019105 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08019105 frs-bus:SmallEntities 2023-04-01 2024-03-31 08019105 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08019105 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08019105 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31 08019105 frs-bus:OrdinaryShareClass1 2024-03-31 08019105 frs-bus:Director1 2023-04-01 2024-03-31 08019105 frs-countries:EnglandWales 2023-04-01 2024-03-31 08019105 2022-03-31 08019105 2023-03-31 08019105 2022-04-01 2023-03-31 08019105 frs-core:CurrentFinancialInstruments 2023-03-31 08019105 frs-core:Non-currentFinancialInstruments 2023-03-31 08019105 frs-core:ShareCapital 2023-03-31 08019105 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 08019105 frs-bus:OrdinaryShareClass1 2022-04-01 2023-03-31
Registered number: 08019105
Jones & Co (West) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Deans
Gibson House Hurricane Court
Hurricane Close
Stafford
ST16 1GZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08019105
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,544,995 847,455
1,544,995 847,455
CURRENT ASSETS
Cash at bank and in hand 1,428 10
1,428 10
Creditors: Amounts Falling Due Within One Year 5 (171,945 ) (261,955 )
NET CURRENT ASSETS (LIABILITIES) (170,517 ) (261,945 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,374,478 585,510
Creditors: Amounts Falling Due After More Than One Year 6 (1,184,469 ) (421,965 )
NET ASSETS 190,009 163,545
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 189,909 163,445
SHAREHOLDERS' FUNDS 190,009 163,545
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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 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 J A Jones
Director
27 June 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Jones & Co (West) Limited is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
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 are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:
Sale of goods
Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably
Rental income
Rental income from operating leases (net of any incentives given to the lessees) is recognised on a straight-line basis over the lease term.
Interest receivable
Interest income is recognised using the effective interest method.
2.3. Investment Properties
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.
2.4. 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.
2.5. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
2.6. Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Investment Property
2024
£
Fair Value
As at 1 April 2023 847,455
Additions 697,540
As at 31 March 2024 1,544,995
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 871 29,256
Corporation tax 16,793 16,879
Other creditors 39,293 30,928
Accruals and deferred income 12,836 11,554
Director's loan account 102,152 173,338
171,945 261,955
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,184,469 421,965
7. Secured Creditors
Of the creditors the following amounts are secured against the investment property owned by the company. 
2024 2023
£ £
Bank loans and overdrafts 1,185,431 451,221
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
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