Acorah Software Products - Accounts Production 16.5.460 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07538551 Mr Russell Jones Mr Adam Millbank iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07538551 2024-03-31 07538551 2025-03-31 07538551 2024-04-01 2025-03-31 07538551 frs-core:CurrentFinancialInstruments 2025-03-31 07538551 frs-core:Non-currentFinancialInstruments 2025-03-31 07538551 frs-core:BetweenOneFiveYears 2025-03-31 07538551 frs-core:ComputerEquipment 2025-03-31 07538551 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07538551 frs-core:ComputerEquipment 2024-03-31 07538551 frs-core:FurnitureFittings 2025-03-31 07538551 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07538551 frs-core:FurnitureFittings 2024-03-31 07538551 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 07538551 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 07538551 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 07538551 frs-core:MotorVehicles 2025-03-31 07538551 frs-core:MotorVehicles 2024-04-01 2025-03-31 07538551 frs-core:MotorVehicles 2024-03-31 07538551 frs-core:PlantMachinery 2025-03-31 07538551 frs-core:PlantMachinery 2024-04-01 2025-03-31 07538551 frs-core:PlantMachinery 2024-03-31 07538551 frs-core:WithinOneYear 2025-03-31 07538551 frs-core:ShareCapital 2025-03-31 07538551 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07538551 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07538551 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07538551 frs-bus:SmallEntities 2024-04-01 2025-03-31 07538551 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07538551 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07538551 frs-bus:Director1 2024-04-01 2025-03-31 07538551 frs-bus:Director2 2024-04-01 2025-03-31 07538551 frs-countries:EnglandWales 2024-04-01 2025-03-31 07538551 2023-03-31 07538551 2024-03-31 07538551 2023-04-01 2024-03-31 07538551 frs-core:CurrentFinancialInstruments 2024-03-31 07538551 frs-core:Non-currentFinancialInstruments 2024-03-31 07538551 frs-core:BetweenOneFiveYears 2024-03-31 07538551 frs-core:WithinOneYear 2024-03-31 07538551 frs-core:ShareCapital 2024-03-31 07538551 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07538551
Jonesmillbank Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
de Jong Phillips Ltd
Chartered Accountants
First Floor
85 Great Portland Street
London
W1W 7LT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07538551
2025 2024
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 595,885 601,764
595,885 601,764
CURRENT ASSETS
Debtors 5 169,512 367,806
Cash at bank and in hand 122,329 34,955
291,841 402,761
Creditors: Amounts Falling Due Within One Year 6 (248,605 ) (314,525 )
NET CURRENT ASSETS (LIABILITIES) 43,236 88,236
TOTAL ASSETS LESS CURRENT LIABILITIES 639,121 690,000
Creditors: Amounts Falling Due After More Than One Year 7 (461,477 ) (508,472 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,621 ) -
NET ASSETS 155,023 181,528
CAPITAL AND RESERVES
Called up share capital 9 120 120
Profit and Loss Account 154,903 181,408
SHAREHOLDERS' FUNDS 155,023 181,528
Page 1
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For the year 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 Russell Jones
Director
16th September 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Jonesmillbank Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07538551 . The registered office is Unit B Causeway Central, Pioneer Park, Bristol, BS4 3QB.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Leasehold Straightline over 33 years
Plant & Machinery Straightline over 4 years
Motor Vehicles Straightline over 4 years
Fixtures & Fittings Straightline over 4-10 years
Computer Equipment Straighline over 3 years
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Financial Instruments
The company accounts for its financial transactions in accordance with Section 11 and Section 12 of FRS 102.
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.
Short term debtors and creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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2.7. 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 year, 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.
2.8. 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: 12 (2024: 14)
12 14
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2024 50,421 103,645 145,266 456,968
Additions - 14,441 37,093 58,836
Disposals - (4,304 ) - (19,411 )
As at 31 March 2025 50,421 113,782 182,359 496,393
Depreciation
As at 1 April 2024 - 56,527 63,551 38,818
Provided during the period 1,146 23,726 31,852 52,318
Disposals - (894 ) - (15,685 )
As at 31 March 2025 1,146 79,359 95,403 75,451
Net Book Value
As at 31 March 2025 49,275 34,423 86,956 420,942
As at 1 April 2024 50,421 47,118 81,715 418,150
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Page 5
Computer Equipment Total
£ £
Cost
As at 1 April 2024 80,533 836,833
Additions 3,420 113,790
Disposals (57,270 ) (80,985 )
As at 31 March 2025 26,683 869,638
Depreciation
As at 1 April 2024 76,173 235,069
Provided during the period 3,491 112,533
Disposals (57,270 ) (73,849 )
As at 31 March 2025 22,394 273,753
Net Book Value
As at 31 March 2025 4,289 595,885
As at 1 April 2024 4,360 601,764
Included at the financial period end date for Fixture and Fittings are the following:
Office Equipment 
Cost carried forward - £35,336
Depreciation carried forward - £15,517
Depreciated on a 25% reducing balance basis.
Leasehold Improvements
Cost carried forward- £461,056
Closing accumulated depreciation - £59,934
Depreciated straightline over a useful life of 10 years. 
5. Debtors
2025 2024
as restated
£ £
Due within one year
Trade debtors 25,436 239,125
Other debtors 89,076 49,744
114,512 288,869
Due after more than one year
Other debtors 55,000 78,937
169,512 367,806
Included in long term other debtors is nil (2024:£17,699) in deferred tax assets. 
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
as restated
£ £
Net obligations under finance lease and hire purchase contracts 33,341 20,183
Trade creditors 10,223 53,046
Bank loans and overdrafts 82,946 63,026
Other taxes and social security 12,850 5,872
VAT 43,500 31,629
Net wages 2,152 -
Other creditors 19,216 3,625
Accruals and deferred income 42,095 105,498
Directors' loan accounts 2,282 31,646
248,605 314,525
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
as restated
£ £
Net obligations under finance lease and hire purchase contracts 145,597 123,996
Bank loans 315,880 384,476
461,477 508,472
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
as restated
£ £
The future minimum finance lease payments are as follows:
Not later than one year 33,341 20,183
Later than one year and not later than five years 145,597 123,996
178,938 144,179
178,938 144,179
9. Share Capital
2025 2024
as restated
£ £
Allotted, Called up and fully paid 120 120
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
as restated
£ £
Not later than one year 106,887 106,887
Later than one year and not later than five years 855,096 961,983
961,983 1,068,870
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