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 09632061 Mr Jay Raithatha Mrs Vaishali Raithatha true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09632061 2023-12-31 09632061 2024-12-31 09632061 2024-01-01 2024-12-31 09632061 frs-core:CurrentFinancialInstruments 2024-12-31 09632061 frs-core:Non-currentFinancialInstruments 2024-12-31 09632061 frs-core:FurnitureFittings 2024-12-31 09632061 frs-core:FurnitureFittings 2024-01-01 2024-12-31 09632061 frs-core:FurnitureFittings 2023-12-31 09632061 frs-core:ShareCapital 2024-12-31 09632061 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09632061 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09632061 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09632061 frs-bus:SmallEntities 2024-01-01 2024-12-31 09632061 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09632061 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09632061 1 2024-01-01 2024-12-31 09632061 frs-bus:Director1 2024-01-01 2024-12-31 09632061 frs-bus:Director2 2024-01-01 2024-12-31 09632061 frs-countries:EnglandWales 2024-01-01 2024-12-31 09632061 2022-12-31 09632061 2023-12-31 09632061 2023-01-01 2023-12-31 09632061 frs-core:CurrentFinancialInstruments 2023-12-31 09632061 frs-core:Non-currentFinancialInstruments 2023-12-31 09632061 frs-core:ShareCapital 2023-12-31 09632061 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09632061
Jay's Capital Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Jay's Capital Limited
Contents
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Jay's Capital Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 09632061
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 2,486,000 1,971,000
Cash at bank and in hand 652,155 955,903
3,138,155 2,926,903
Creditors: Amounts Falling Due Within One Year 6 (179,375 ) (108,021 )
NET CURRENT ASSETS (LIABILITIES) 2,958,780 2,818,882
TOTAL ASSETS LESS CURRENT LIABILITIES 2,958,780 2,818,882
Creditors: Amounts Falling Due After More Than One Year 7 (12,630 ) (22,517 )
NET ASSETS 2,946,150 2,796,365
CAPITAL AND RESERVES
Called up share capital 8 110 100
Profit and Loss Account 2,946,040 2,796,265
SHAREHOLDERS' FUNDS 2,946,150 2,796,365
Page 1
Page 2
Jay's Capital Limited
Balance Sheet (continued)
As At 31 December 2024
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 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 Jay Raithatha
Director
18 September 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Jay's Capital Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Jay's Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09632061 . The registered office is 21 High View Close, Hamilton Office Park, Leicester, Leicestershire, LE4 9LJ.
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:
Fixtures & Fittings 25% straight line
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.
...CONTINUED
Page 3
Page 4
Jay's Capital Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.4. Taxation - continued
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.
2.5. Debtors
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.
2.6. Creditors
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.
2.7. Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2024 1,464
As at 31 December 2024 1,464
Depreciation
As at 1 January 2024 1,464
As at 31 December 2024 1,464
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
Page 4
Page 5
Jay's Capital Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 2,486,000 1,971,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 10,644 10,648
Other taxes and social security 107,798 59,889
Other creditors 3,718 30
Accruals and deferred income 57,215 37,454
179,375 108,021
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 12,630 22,517
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 110 100
9. Related Party Transactions
Directors Loan Account 
Directors Loan Account - these loans are free of interest and repayable on demand. The amount is included within other creditors. 
Amount due to the related party: 2024: £3,718 (2023: £30) 
In Colour Estates Ltd
A company in which the director Mr J Raithatha is also director and shareholder. 
Loan account - The loan is free of interest and repayable on demand. The amount is included within other debtors. 
Amount due from the related party: 2024: £338,500 (2023: £338,500)
Chets Properties Ltd
A company in which the father of the director Mr J Raithatha is a director and shareholder. 
Loan account - The loan is free of interest and repayable on demand. The amount is included within other debtors. 
Amount due from the related party: 2024: £926,000 (2023: £926,000)
...CONTINUED
Page 5
Page 6
Jay's Capital Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
9. Related Party Transactions - continued
JVR Property Ltd
A company in which the directors are directors and shareholders. 
Loan account - The loan is free of interest and repayable on demand. The amount is included within other debtors. 
Amount due from the related party: 2024: £350,000 (2023: £350,000)
JVR Nurseries Ltd
A company in which the directors are directors and shareholders. 
Loan account - The loan is free of interest and repayable on demand. The amount is included within other debtors. 
Amount due from the related party: 2024: £797,500 (2023: £282,500)
Humberstone Properties Ltd
A company in which the father of the director Mr J Raithatha is a director and shareholder. 
Loan account - The loan is free of interest and repayable on demand. The amount is included within other debtors. 
Amount due from the related party: 2024: £57,500 (2023: £57,500)
Hungry Wharf Ltd
A company in which the father of the director Mr J Raithatha is a director and shareholder. 
Loan account - The loan is free of interest and repayable on demand. The amount is included within other debtors. 
Amount due from the related party: 2024: £16,500 (2023: £16,500)
10. Ultimate Controlling Party
Mr Jay Raithatha and Mrs Vaishali Raithatha are the ultimate controlling party by virtue of their joint beneficial ownership of 100% of the ordinary share capital of the company. 
Page 6