Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09663577 Mr Mark Cushway Ms Caterina Tedeschi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09663577 2024-03-31 09663577 2025-03-31 09663577 2024-04-01 2025-03-31 09663577 frs-core:CurrentFinancialInstruments 2025-03-31 09663577 frs-core:Non-currentFinancialInstruments 2025-03-31 09663577 frs-core:ShareCapital 2025-03-31 09663577 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09663577 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09663577 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09663577 frs-bus:SmallEntities 2024-04-01 2025-03-31 09663577 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09663577 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09663577 frs-bus:Director1 2024-04-01 2025-03-31 09663577 frs-bus:Director1 2024-03-31 09663577 frs-bus:Director1 2025-03-31 09663577 frs-bus:Director2 2024-04-01 2025-03-31 09663577 frs-countries:EnglandWales 2024-04-01 2025-03-31 09663577 2023-03-31 09663577 2024-03-31 09663577 2023-04-01 2024-03-31 09663577 frs-core:CurrentFinancialInstruments 2024-03-31 09663577 frs-core:Non-currentFinancialInstruments 2024-03-31 09663577 frs-core:ShareCapital 2024-03-31 09663577 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09663577
Jmack Investments Limited
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09663577
2025 2024
as restated
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,225,000 1,225,000
1,225,000 1,225,000
CURRENT ASSETS
Debtors 5 573,744 1,039
Cash at bank and in hand 120,545 134,835
694,289 135,874
Creditors: Amounts Falling Due Within One Year 6 (1,292,268 ) (732,862 )
NET CURRENT ASSETS (LIABILITIES) (597,979 ) (596,988 )
TOTAL ASSETS LESS CURRENT LIABILITIES 627,021 628,012
Creditors: Amounts Falling Due After More Than One Year 7 (712,646 ) (713,616 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (42,518 ) (42,518 )
NET LIABILITIES (128,143 ) (128,122 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (128,145 ) (128,124 )
SHAREHOLDERS' FUNDS (128,143) (128,122)
Page 1
Page 2
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 Mark Cushway
Director
03/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Jmack Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09663577 . The registered office is Unit 2, Pondtail Farm, Coolham Road, West Grinstead, West Sussex, RH13 8LN.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Investment Property
2025
£
Fair Value
As at 1 April 2024 and 31 March 2025 1,225,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
as restated
£ £
Cost 1,019,802 1,019,802
5. Debtors
2025 2024
as restated
£ £
Due within one year
Trade debtors 1,039 1,039
Other debtors 572,705 -
573,744 1,039
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2025 2024
as restated
£ £
Bank loans and overdrafts 2,071 3,073
Other creditors 1,289,599 729,789
Taxation and social security 598 -
1,292,268 732,862
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
as restated
£ £
Bank loans 712,646 713,616
8. Share Capital
2025 2024
as restated
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Mark Cushway - 572,413 - - 572,413
The above loan is unsecured, interest free and repayable on demand. The loan was fully repaid following the end of the accounting period.
10. Related Party Transactions
During the year, companies with common directors provided the Company with loans amounting to £1,173,153 (2024 - £613.737). These loans are interest-free and repayable on demand.
11. Prior period restatement
The comparatives have been restated to include all revaluations relating to Investment properties within the Profit and Loss account and not in a separate Revaluation Reserve.
Page 4