Acorah Software Products - Accounts Production 16.5.460 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 01087942 Mrs Olivia Clarke Mr Kenneth Jackson Mrs Catherine Jackson Mr Stewart Jackson Mrs Catherine Jackson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01087942 2024-02-29 01087942 2025-02-28 01087942 2024-03-01 2025-02-28 01087942 frs-core:CurrentFinancialInstruments 2025-02-28 01087942 frs-core:ComputerEquipment 2025-02-28 01087942 frs-core:ComputerEquipment 2024-03-01 2025-02-28 01087942 frs-core:ComputerEquipment 2024-02-29 01087942 frs-core:FurnitureFittings 2025-02-28 01087942 frs-core:FurnitureFittings 2024-03-01 2025-02-28 01087942 frs-core:FurnitureFittings 2024-02-29 01087942 frs-core:OtherReservesSubtotal 2025-02-28 01087942 frs-core:ShareCapital 2025-02-28 01087942 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 01087942 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 01087942 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 01087942 frs-bus:SmallEntities 2024-03-01 2025-02-28 01087942 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 01087942 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 01087942 frs-bus:OrdinaryShareClass2 2024-03-01 2025-02-28 01087942 frs-bus:OrdinaryShareClass2 2025-02-28 01087942 frs-bus:OrdinaryShareClass3 2024-03-01 2025-02-28 01087942 frs-bus:OrdinaryShareClass3 2025-02-28 01087942 frs-core:CostValuation 2024-02-29 01087942 frs-core:CostValuation 2025-02-28 01087942 frs-core:ProvisionsForImpairmentInvestments 2024-02-29 01087942 frs-core:ProvisionsForImpairmentInvestments 2025-02-28 01087942 frs-bus:Director1 2024-03-01 2025-02-28 01087942 frs-bus:Director2 2024-03-01 2025-02-28 01087942 frs-bus:Director3 2024-03-01 2025-02-28 01087942 frs-bus:Director4 2024-03-01 2025-02-28 01087942 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 01087942 frs-countries:EnglandWales 2024-03-01 2025-02-28 01087942 2023-02-28 01087942 2024-02-29 01087942 2023-03-01 2024-02-29 01087942 frs-core:CurrentFinancialInstruments 2024-02-29 01087942 frs-core:OtherReservesSubtotal 2024-02-29 01087942 frs-core:ShareCapital 2024-02-29 01087942 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 01087942 frs-bus:OrdinaryShareClass2 2023-03-01 2024-02-29 01087942 frs-bus:OrdinaryShareClass3 2023-03-01 2024-02-29
Registered number: 01087942
K.B. Jackson And Son (Midlands) Limited
Financial Statements
For The Year Ended 28 February 2025
Fruition Accountancy
Unit 4 Three Spires House, Station Road
Lichfield
WS13 6HX
K.B. Jackson And Son (Midlands) Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
K.B. Jackson And Son (Midlands) Limited
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 01087942

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,596 |  | 4,784
Investment Properties | 5 |  | 6,000,000 |  | 6,526,473
Investments | 6 |  | 3 |  | 3
|  |  | 6,002,599 |  | 6,531,260
CURRENT ASSETS
Debtors | 7 | 2,396,673 |  | 3,348,890 |
Cash at bank and in hand |  | 282,483 |  | 260,176 |
|  | 2,679,156 |  | 3,609,066 |
Creditors: Amounts Falling Due Within One Year | 8 | (1,480,160 ) |  | (2,495,359 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,198,996 |  | 1,113,707
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 7,201,595 |  | 7,644,967
NET ASSETS |  |  | 7,201,595 |  | 7,644,967
CAPITAL AND RESERVES
Called up share capital | 9 |  | 14,500 |  | 14,500
Other reserves |  |  | 1,095,222 |  | 1,621,695
Profit and Loss Account |  |  | 6,091,873 |  | 6,008,772
SHAREHOLDERS' FUNDS |  |  | 7,201,595 |  | 7,644,967

Page 1
Page 2
K.B. Jackson And Son (Midlands) Limited
Balance Sheet (continued)
As At 28 February 2025
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 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 Kenneth Jackson Director
29th September 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
K.B. Jackson And Son (Midlands) Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
K.B. Jackson And Son (Midlands) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01087942 . The registered office is Chestnut House, 28 Squirrel Walk, Little Aston Sutton Coldfield, West Midlands, B74 3AU.
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 | 20% straight line
Computer Equipment | 25% straight line

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.
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K.B. Jackson And Son (Midlands) Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
2.5. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 1 (2024: 1)
1 1
4. Tangible Assets

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost or Valuation
As at 1 March 2024 | 13,177 | 2,879 | 16,056
As at 28 February 2025 | 13,177 | 2,879 | 16,056
Depreciation
As at 1 March 2024 | 9,360 | 1,912 | 11,272
Provided during the period | 1,468 | 720 | 2,188
As at 28 February 2025 | 10,828 | 2,632 | 13,460
Net Book Value
As at 28 February 2025 | 2,349 | 247 | 2,596
As at 1 March 2024 | 3,817 | 967 | 4,784

Page 4
Page 5
K.B. Jackson And Son (Midlands) Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 March 2024 | 6,526,473
Revaluations | (526,473)
As at 28 February 2025 | 6,000,000

6. Investments

| Other
--- | ---
| £
Cost
As at 1 March 2024 | 3
As at 28 February 2025 | 3
Provision
As at 1 March 2024 | -
As at 28 February 2025 | -
Net Book Value
As at 28 February 2025 | 3
As at 1 March 2024 | 3

Investments relate to shares held in an associate.
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 20,854 |  | 29,617
Other debtors | 230,031 |  | 828,187
| 250,885 |  | 857,804
Due after more than one year
Other debtors | 2,145,788 |  | 2,491,086
| 2,396,673 |  | 3,348,890

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K.B. Jackson And Son (Midlands) Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 5,024 |  | 10,652
Other creditors | 1,372,598 |  | 2,375,491
Taxation and social security | 102,538 |  | 109,216
| 1,480,160 |  | 2,495,359

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
2 Ordinary A shares of £ 1.00 each | 2 |  | 2
14,498 Ordinary B shares of £ 1.00 each | 14,498 |  | 14,498
| 14,500 |  | 14,500

10. Dividends

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | 170,062 |  | 101,486

11. Related Party Transactions
At the balance sheet date the company owed £883,171 (2024: £944,396) to directors of the company.
During the year the company received loans from companies under common control. At the balance sheet date £402,428 (2024: £1,337,678) was still outstanding in relation to these loans.
During the year the company made loans to Finch (Midlands) Limited, an associated company. At the balance sheet date £167,850 (2024: £749,345) was owed to the company by Finch (Midlands) Limited.
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