Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 02165816 M I Crane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02165816 2023-12-31 02165816 2024-12-31 02165816 2024-01-01 2024-12-31 02165816 frs-core:CurrentFinancialInstruments 2024-12-31 02165816 frs-core:Non-currentFinancialInstruments 2024-12-31 02165816 frs-core:ComputerEquipment 2024-12-31 02165816 frs-core:ComputerEquipment 2024-01-01 2024-12-31 02165816 frs-core:ComputerEquipment 2023-12-31 02165816 frs-core:InvestmentPropertyIncludedWithinPPE 2024-12-31 02165816 frs-core:InvestmentPropertyIncludedWithinPPE 2024-01-01 2024-12-31 02165816 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-31 02165816 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 02165816 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 02165816 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 02165816 frs-core:PlantMachinery 2024-12-31 02165816 frs-core:PlantMachinery 2024-01-01 2024-12-31 02165816 frs-core:PlantMachinery 2023-12-31 02165816 frs-core:ShareCapital 2024-12-31 02165816 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02165816 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02165816 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 02165816 frs-bus:SmallEntities 2024-01-01 2024-12-31 02165816 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02165816 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02165816 frs-core:CostValuation 2023-12-31 02165816 frs-core:CostValuation 2024-12-31 02165816 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 02165816 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 02165816 frs-bus:Director1 2024-01-01 2024-12-31 02165816 frs-bus:Director1 2023-12-31 02165816 frs-bus:Director1 2024-12-31 02165816 frs-countries:EnglandWales 2024-01-01 2024-12-31 02165816 2022-12-31 02165816 2023-12-31 02165816 2023-01-01 2023-12-31 02165816 frs-core:CurrentFinancialInstruments 2023-12-31 02165816 frs-core:Non-currentFinancialInstruments 2023-12-31 02165816 frs-core:ShareCapital 2023-12-31 02165816 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 02165816
S.J. Electronics Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02165816
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 677,346 682,447
Investments 5 943,992 943,992
1,621,338 1,626,439
CURRENT ASSETS
Stocks 356,788 360,091
Debtors 6 1,022,840 884,335
Cash at bank and in hand 78,469 269,217
1,458,097 1,513,643
Creditors: Amounts Falling Due Within One Year 7 (838,402 ) (982,601 )
NET CURRENT ASSETS (LIABILITIES) 619,695 531,042
TOTAL ASSETS LESS CURRENT LIABILITIES 2,241,033 2,157,481
Creditors: Amounts Falling Due After More Than One Year 8 (280,341 ) (306,355 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (24,000 ) (25,000 )
NET ASSETS 1,936,692 1,826,126
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 1,936,592 1,826,026
SHAREHOLDERS' FUNDS 1,936,692 1,826,126
Page 1
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For the year ending 31 December 2024 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
M I Crane
Director
30/09/2025
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
S.J. Electronics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02165816 . The registered office is 3 Vernon Court, Henson Way, Telford Way Industrial Estate, Kettering, Northamptonshire, NN16 8PX.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. 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 Over 3 to 5 years
Plant & Machinery Over 5 years
Computer Equipment Over 3 to 10 years
2.4. 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.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 11)
12 11
4. Tangible Assets
Land & Property
Leasehold Investment Properties Plant & Machinery Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 8,243 573,977 12,795 377,496 972,511
Additions - - 4,167 35,060 39,227
Disposals - - - (5,628 ) (5,628 )
As at 31 December 2024 8,243 573,977 16,962 406,928 1,006,110
Depreciation
As at 1 January 2024 8,243 - 12,795 269,026 290,064
Provided during the period - - 833 43,495 44,328
Disposals - - - (5,628 ) (5,628 )
As at 31 December 2024 8,243 - 13,628 306,893 328,764
Net Book Value
As at 31 December 2024 - 573,977 3,334 100,035 677,346
As at 1 January 2024 - 573,977 - 108,470 682,447
The director is of the opinion that the cost of the investment properties reflects their open market value at the year end.
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Page 5
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 January 2024 943,992
As at 31 December 2024 943,992
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 943,992
As at 1 January 2024 943,992
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 76,324 64,531
Amounts owed by group undertakings 778,545 743,087
Amounts owed by participating interests 74,498 -
Other debtors 93,473 76,717
1,022,840 884,335
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 113,936 67,017
Bank loans and overdrafts 27,000 27,000
Amounts owed to group undertakings 420,352 354,980
Other creditors 208,298 448,184
Taxation and social security 68,816 85,420
838,402 982,601
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 280,341 306,355
9. Secured Creditors
The following secured debts are included within creditors:
2024 2023
£ £
Bank loans and overdrafts 307,341 333,355
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10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Melvin Crane - 26,674 - - 26,674
The above loan is unsecured and repayable on demand. Interest of £559 has been charged on this loan.
12. Related Party Transactions
The company has taken advantage of the exemption conferred by FRS102 Section 33 'Related Party Disclosures' not to disclose transactions with other group entities whose voting rights are 100% controlled within the group.

The director has given a personal guarantee of up to £250,000 in favour of the company's bank.
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