Acorah Software Products - Accounts Production 16.4.675 false true 29 February 2024 1 March 2023 false 1 March 2024 31 March 2025 31 March 2025 11848722 Mr Nathan Brown Mrs Josephene Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11848722 2024-02-29 11848722 2025-03-31 11848722 2024-03-01 2025-03-31 11848722 frs-core:CurrentFinancialInstruments 2025-03-31 11848722 frs-core:Non-currentFinancialInstruments 2025-03-31 11848722 frs-core:ShareCapital 2025-03-31 11848722 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11848722 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-03-31 11848722 frs-bus:FilletedAccounts 2024-03-01 2025-03-31 11848722 frs-bus:SmallEntities 2024-03-01 2025-03-31 11848722 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-03-31 11848722 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-03-31 11848722 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 11848722 frs-bus:Director1 2024-03-01 2025-03-31 11848722 frs-bus:Director2 2024-03-01 2025-03-31 11848722 frs-countries:EnglandWales 2024-03-01 2025-03-31 11848722 2023-02-28 11848722 2024-02-29 11848722 2023-03-01 2024-02-29 11848722 frs-core:CurrentFinancialInstruments 2024-02-29 11848722 frs-core:Non-currentFinancialInstruments 2024-02-29 11848722 frs-core:ShareCapital 2024-02-29 11848722 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 11848722 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-29
Registered number: 11848722
NJ Homes Ltd
Financial Statements
For the Period 1 March 2024 to 31 March 2025
Grugeon Reynolds Ltd
Adams & Moore House
Instone Road
Dartford
DA1 2AG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11848722
31 March 2025 29 February 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,165,000 924,000
1,165,000 924,000
CURRENT ASSETS
Debtors 5 2,341 1,191
Cash at bank and in hand 2,704 6,349
5,045 7,540
Creditors: Amounts Falling Due Within One Year 6 (264,333 ) (213,735 )
NET CURRENT ASSETS (LIABILITIES) (259,288 ) (206,195 )
TOTAL ASSETS LESS CURRENT LIABILITIES 905,712 717,805
Creditors: Amounts Falling Due After More Than One Year 7 (868,328 ) (712,701 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,580 ) (1,446 )
NET ASSETS 29,804 3,658
CAPITAL AND RESERVES
Called up share capital 8 10 10
Fair value reserve 22,514 6,164
Profit and Loss Account 7,280 (2,516 )
SHAREHOLDERS' FUNDS 29,804 3,658
Page 1
Page 2
For the period ending 31 March 2025 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 Nathan Brown
Director
13/08/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
NJ Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11848722 . The registered office is 29 Brookend Road, Sidcup, Kent, DA15 8BE.
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 represents rental income which relates to the period under review. Where rent has been received relating to a later period, appropriate adjustments have been made through creditors. 
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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 period, 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 period was: 2 (2024: 2)
2 2
4. Investment Property
31 March 2025
£
Fair Value
As at 1 March 2024 924,000
Additions 218,516
Revaluations 22,484
As at 31 March 2025 1,165,000
Page 3
Page 4
5. Debtors
31 March 2025 29 February 2024
£ £
Due within one year
Trade debtors 2,341 1,191
6. Creditors: Amounts Falling Due Within One Year
31 March 2025 29 February 2024
£ £
Bank loans and overdrafts 10,484 10,205
Amounts owed to participating interests 184,250 174,650
Other creditors 67,301 28,840
Taxation and social security 2,298 40
264,333 213,735
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 29 February 2024
£ £
Bank loans 868,328 712,701
8. Share Capital
31 March 2025 29 February 2024
£ £
Allotted, Called up and fully paid 10 10
Page 4