Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 11011776 Mario Chisholm Rachel Sestini iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11011776 2023-10-31 11011776 2024-10-31 11011776 2023-11-01 2024-10-31 11011776 frs-core:CurrentFinancialInstruments 2024-10-31 11011776 frs-core:ShareCapital 2024-10-31 11011776 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 11011776 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11011776 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 11011776 frs-bus:SmallEntities 2023-11-01 2024-10-31 11011776 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11011776 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 11011776 frs-core:UnlistedNon-exchangeTraded 2024-10-31 11011776 frs-core:UnlistedNon-exchangeTraded 2023-10-31 11011776 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-10-31 11011776 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 11011776 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-10-31 11011776 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-10-31 11011776 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 11011776 frs-bus:Director1 2023-11-01 2024-10-31 11011776 frs-bus:Director2 2023-11-01 2024-10-31 11011776 frs-countries:EnglandWales 2023-11-01 2024-10-31 11011776 2022-10-31 11011776 2023-10-31 11011776 2022-11-01 2023-10-31 11011776 frs-core:CurrentFinancialInstruments 2023-10-31 11011776 frs-core:ShareCapital 2023-10-31 11011776 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 11011776
JEM Capital Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Sestini & Co Ltd.
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11011776
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 36,690 38,877
36,690 38,877
CURRENT ASSETS
Cash at bank and in hand 209 209
209 209
Creditors: Amounts Falling Due Within One Year 5 (44,424 ) (42,964 )
NET CURRENT ASSETS (LIABILITIES) (44,215 ) (42,755 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,525 ) (3,878 )
NET LIABILITIES (7,525 ) (3,878 )
CAPITAL AND RESERVES
Called up share capital 6 90 90
Profit and Loss Account (7,615 ) (3,968 )
SHAREHOLDERS' FUNDS (7,525) (3,878)
For the year ending 31 October 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
Rachel Sestini
Director
28 July 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
JEM Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11011776 . The registered office is Paulton House, Old Mills, Paulton, Bristol, Somerset, BS39 7SX.
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. Significant judgements and estimations
There were no critical accounting estimates or judgements required in the preparation of these financial statements in the current or prior year.
2.3. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Investments in subsidiaries are held at historical cost.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Unlisted
£
Cost
As at 1 November 2023 38,877
Revaluations (2,187 )
As at 31 October 2024 36,690
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 36,690
As at 1 November 2023 38,877
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 44,424 42,964
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 90 90
Page 3