Acorah Software Products - Accounts Production 16.4.675 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 09456362 J M Ilett true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09456362 2024-02-29 09456362 2025-02-28 09456362 2024-03-01 2025-02-28 09456362 frs-core:CurrentFinancialInstruments 2025-02-28 09456362 frs-core:ComputerEquipment 2025-02-28 09456362 frs-core:ComputerEquipment 2024-03-01 2025-02-28 09456362 frs-core:ComputerEquipment 2024-02-29 09456362 frs-core:ShareCapital 2025-02-28 09456362 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 09456362 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 09456362 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 09456362 frs-bus:SmallEntities 2024-03-01 2025-02-28 09456362 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 09456362 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 09456362 1 2024-03-01 2025-02-28 09456362 frs-bus:Director1 2024-03-01 2025-02-28 09456362 frs-countries:EnglandWales 2024-03-01 2025-02-28 09456362 2023-02-28 09456362 2024-02-29 09456362 2023-03-01 2024-02-29 09456362 frs-core:CurrentFinancialInstruments 2024-02-29 09456362 frs-core:ShareCapital 2024-02-29 09456362 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 09456362
JMI Commercial Management Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09456362
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 340 -
340 -
CURRENT ASSETS
Debtors 5 48,588 64,055
Cash at bank and in hand 247,003 227,215
295,591 291,270
Creditors: Amounts Falling Due Within One Year 6 (20,264 ) (12,209 )
NET CURRENT ASSETS (LIABILITIES) 275,327 279,061
TOTAL ASSETS LESS CURRENT LIABILITIES 275,667 279,061
NET ASSETS 275,667 279,061
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 275,567 278,961
SHAREHOLDERS' FUNDS 275,667 279,061
For the year ending 28 February 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
J M Ilett
Director
23rd August 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
JMI Commercial Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09456362 . The registered office is Unit 4a, Langley House, Wheatcroft Business Park, Landmere Lane, Edwalton, Nottingham, NG12 4DG.
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.
2.3. 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:
Computer Equipment 25% on reducing balance
2.4. Taxation
Corporation 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.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 March 2024 -
Additions 430
As at 28 February 2025 430
Depreciation
As at 1 March 2024 -
Provided during the period 90
As at 28 February 2025 90
Net Book Value
As at 28 February 2025 340
As at 1 March 2024 -
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 3,660
Other debtors 48,588 60,395
48,588 64,055
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 3,445
Corporation tax 12,300 -
Other creditors 7,964 8,764
20,264 12,209
7. Related Party Transactions
At the year end the director owed the company £48,588 (2024: £50,745).
8. Ultimate Controlling Party
The company is controlled by the director.
Page 3