Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 11180788 Ms Joanna Vellacott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11180788 2024-01-31 11180788 2025-01-31 11180788 2024-02-01 2025-01-31 11180788 frs-core:CurrentFinancialInstruments 2025-01-31 11180788 frs-core:Non-currentFinancialInstruments 2025-01-31 11180788 frs-core:ComputerEquipment 2025-01-31 11180788 frs-core:ComputerEquipment 2024-02-01 2025-01-31 11180788 frs-core:ComputerEquipment 2024-01-31 11180788 frs-core:PlantMachinery 2025-01-31 11180788 frs-core:PlantMachinery 2024-02-01 2025-01-31 11180788 frs-core:PlantMachinery 2024-01-31 11180788 frs-core:ShareCapital 2025-01-31 11180788 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 11180788 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11180788 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 11180788 frs-bus:SmallEntities 2024-02-01 2025-01-31 11180788 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 11180788 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 11180788 frs-bus:Director1 2024-02-01 2025-01-31 11180788 frs-bus:Director1 2024-01-31 11180788 frs-bus:Director1 2025-01-31 11180788 frs-countries:EnglandWales 2024-02-01 2025-01-31 11180788 2023-01-31 11180788 2024-01-31 11180788 2023-02-01 2024-01-31 11180788 frs-core:CurrentFinancialInstruments 2024-01-31 11180788 frs-core:Non-currentFinancialInstruments 2024-01-31 11180788 frs-core:ShareCapital 2024-01-31 11180788 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 11180788
JLVM Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11180788
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 745 192
745 192
CURRENT ASSETS
Debtors 5 36,679 37,554
Cash at bank and in hand 14 997
36,693 38,551
Creditors: Amounts Falling Due Within One Year 6 (35,922 ) (36,725 )
NET CURRENT ASSETS (LIABILITIES) 771 1,826
TOTAL ASSETS LESS CURRENT LIABILITIES 1,516 2,018
Creditors: Amounts Falling Due After More Than One Year 7 (24 ) (1,735 )
NET ASSETS 1,492 283
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,392 183
SHAREHOLDERS' FUNDS 1,492 283
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For the year ending 31 January 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 her 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
Ms Joanna Vellacott
Director
29/10/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
JLVM Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11180788 . The registered office is 1A Castle Close, Boverton, Llantwit Major, CF61 1UU.
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 represents the fair value of amounts receivable for services provided in the normal course of business, excluding value added tax.
Rendering of services
Turnover is recognised as production management services are delivered, by reference to the stage of completion of each engagement at the reporting date. The stage of completion is determined based on the proportion of work performed or time incurred relative to the total estimated work for the contract.
Where services are provided on a day-rate or weekly basis, revenue is recognised as the services are performed. Where projects span more than one reporting period, turnover is recognised only to the extent that the outcome of the contract can be measured reliably and it is probable that the income will be recovered.
If the outcome of a contract cannot be measured reliably, turnover is recognised only to the extent of recoverable costs incurred.
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:
Plant & Machinery 25% Straight line
Computer Equipment 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.
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: 1 (2024: 1)
1 1
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 February 2024 639 4,317 4,956
Additions - 740 740
As at 31 January 2025 639 5,057 5,696
Depreciation
As at 1 February 2024 638 4,126 4,764
Provided during the period - 187 187
As at 31 January 2025 638 4,313 4,951
Net Book Value
As at 31 January 2025 1 744 745
As at 1 February 2024 1 191 192
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,025 2,201
Prepayments and accrued income 250 -
Director's loan account 26,569 26,531
27,844 28,732
Due after more than one year
Corporation tax recoverable assets 8,835 8,822
36,679 37,554
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,643 -
Bank loans and overdrafts 2,094 1,626
Other creditors 1,151 1,880
Taxation and social security 30,034 33,219
35,922 36,725
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 24 1,735
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Ms Joanna Vellacott 26,531 38 - - 26,569
The loan is unsecured, bears interest at HMRC’s official rate of 2.25% per annum, and is repayable on demand.
10. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 6,000 75,103
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