Acorah Software Products - Accounts Production 19.2.350 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 08276034 Mr J Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08276034 2025-03-31 08276034 2026-03-31 08276034 2025-04-01 2026-03-31 08276034 frs-core:CurrentFinancialInstruments 2026-03-31 08276034 frs-core:NetGoodwill 2026-03-31 08276034 frs-core:NetGoodwill 2025-04-01 2026-03-31 08276034 frs-core:NetGoodwill 2025-03-31 08276034 frs-core:PlantMachinery 2026-03-31 08276034 frs-core:PlantMachinery 2025-04-01 2026-03-31 08276034 frs-core:PlantMachinery 2025-03-31 08276034 frs-core:ShareCapital 2026-03-31 08276034 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 08276034 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 08276034 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 08276034 frs-bus:SmallEntities 2025-04-01 2026-03-31 08276034 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 08276034 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 08276034 frs-bus:Director1 2025-04-01 2026-03-31 08276034 frs-bus:Director1 2025-03-31 08276034 frs-bus:Director1 2026-03-31 08276034 frs-countries:EnglandWales 2025-04-01 2026-03-31 08276034 2024-03-31 08276034 2025-03-31 08276034 2024-04-01 2025-03-31 08276034 frs-core:CurrentFinancialInstruments 2025-03-31 08276034 frs-core:ShareCapital 2025-03-31 08276034 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08276034 frs-core:CurrentFinancialInstruments 1 2025-03-31
Registered number: 08276034
James Brown Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08276034
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 - 700
- 700
CURRENT ASSETS
Stocks 6 - 1,500
Debtors 7 6,466 1,013
Cash at bank and in hand - 127
6,466 2,640
Creditors: Amounts Falling Due Within One Year 8 (6,049 ) (3,048 )
NET CURRENT ASSETS (LIABILITIES) 417 (408 )
TOTAL ASSETS LESS CURRENT LIABILITIES 417 292
PROVISIONS FOR LIABILITIES
Deferred Taxation - (133 )
NET ASSETS 417 159
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 317 59
SHAREHOLDERS' FUNDS 417 159
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For the year ending 31 March 2026 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
Mr J Brown
Director
30 April 2026
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
James Brown Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08276034 . The registered office is 10 Whittox Lane, Frome, BA11 3BY.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 12 years.
2.4. 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 20% on cost
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.
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.
...CONTINUED
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2.6. 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 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: 2 (2025: 1)
2 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 15,000
As at 31 March 2026 15,000
Amortisation
As at 1 April 2025 15,000
As at 31 March 2026 15,000
Net Book Value
As at 31 March 2026 -
As at 1 April 2025 -
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2025 7,672
As at 31 March 2026 7,672
Depreciation
As at 1 April 2025 6,972
Provided during the period 700
As at 31 March 2026 7,672
...CONTINUED
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Net Book Value
As at 31 March 2026 -
As at 1 April 2025 700
6. Stocks
2026 2025
£ £
Stock - 1,500
7. Debtors
2026 2025
£ £
Due within one year
Intercompany current account - 1,013
Director's loan account 6,466 -
6,466 1,013
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Bank loans and overdrafts 877 1,904
Corporation tax 3,237 1,131
Inter-company current account 1,935 -
Director's loan account - 13
6,049 3,048
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2025 Amounts advanced Amounts repaid Amounts written off As at 31 March 2026
£ £ £ £ £
Mr James Brown - 6,466 - - 6,466
The above loan is unsecured, interest free and repayable on demand.
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