Acorah Software Products - Accounts Production 16.4.660 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 09010927 Mr Gwilym Cox iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09010927 2024-04-30 09010927 2025-04-30 09010927 2024-05-01 2025-04-30 09010927 frs-core:CurrentFinancialInstruments 2025-04-30 09010927 frs-core:Non-currentFinancialInstruments 2025-04-30 09010927 frs-core:FurnitureFittings 2025-04-30 09010927 frs-core:FurnitureFittings 2024-05-01 2025-04-30 09010927 frs-core:FurnitureFittings 2024-04-30 09010927 frs-core:NetGoodwill 2025-04-30 09010927 frs-core:NetGoodwill 2024-05-01 2025-04-30 09010927 frs-core:NetGoodwill 2024-04-30 09010927 frs-core:ShareCapital 2025-04-30 09010927 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 09010927 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 09010927 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 09010927 frs-bus:SmallEntities 2024-05-01 2025-04-30 09010927 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 09010927 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 09010927 frs-bus:OrdinaryShareClass1 2024-05-01 2025-04-30 09010927 frs-bus:OrdinaryShareClass1 2025-04-30 09010927 frs-bus:OrdinaryShareClass3 2024-05-01 2025-04-30 09010927 frs-bus:OrdinaryShareClass3 2025-04-30 09010927 frs-bus:Director1 2024-05-01 2025-04-30 09010927 frs-bus:Director1 2024-04-30 09010927 frs-bus:Director1 2025-04-30 09010927 frs-countries:EnglandWales 2024-05-01 2025-04-30 09010927 2023-04-30 09010927 2024-04-30 09010927 2023-05-01 2024-04-30 09010927 frs-core:CurrentFinancialInstruments 2024-04-30 09010927 frs-core:Non-currentFinancialInstruments 2024-04-30 09010927 frs-core:ShareCapital 2024-04-30 09010927 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 09010927 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30 09010927 frs-bus:OrdinaryShareClass3 2023-05-01 2024-04-30
Registered number: 09010927
Joy Creative Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
James Khan
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 09010927
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 - 251
- 251
CURRENT ASSETS
Debtors 6 26,213 26,085
Cash at bank and in hand 1,271 727
27,484 26,812
Creditors: Amounts Falling Due Within One Year (27,200 ) (24,312 )
NET CURRENT ASSETS (LIABILITIES) 284 2,500
TOTAL ASSETS LESS CURRENT LIABILITIES 284 2,751
Creditors: Amounts Falling Due After More Than One Year (167 ) (2,167 )
NET ASSETS 117 584
CAPITAL AND RESERVES
Called up share capital 7 101 101
Profit and Loss Account 16 483
SHAREHOLDERS' FUNDS 117 584
For the year ending 30 April 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 Gwilym Cox
Director
03/07/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Joy Creative Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09010927 . The registered office is The Embassy, 389 Newport Road, Cardiff, CF24 1TP.
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.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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 5 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:
Fixtures & Fittings 20% Straight Line
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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 year 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.
Current 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 tax is also 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
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Page 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2024 10,000
As at 30 April 2025 10,000
Amortisation
As at 1 May 2024 10,000
As at 30 April 2025 10,000
Net Book Value
As at 30 April 2025 -
As at 1 May 2024 -
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 May 2024 1,663
As at 30 April 2025 1,663
Depreciation
As at 1 May 2024 1,412
Provided during the period 251
As at 30 April 2025 1,663
Net Book Value
As at 30 April 2025 -
As at 1 May 2024 251
6. Debtors
2025 2024
£ £
Due within one year
Director's loan account 19,599 19,503
Due after more than one year
Corporation tax recoverable assets 6,614 6,582
26,213 26,085
7. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.000 each 100 100
1 Ordinary B shares of £ 1.000 each 1 1
101 101
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Page 4
8. Directors Advances, Credits and Guarantees
As at 1 May 2024 Amounts advanced Amounts repaid Amounts written off As at 30 April 2025
£ £ £ £ £
Mr Gwilym Cox 19,503 19,404 19,308 - 19,599
The above loan is payable with interest at 2.5%
Page 4