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Registered number: 09041508
Jupiter Visual Communications Limited
Unaudited Financial Statements
For The Year Ended 28 March 2025
BBK Partnership
1 Beauchamp Court, 10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Contents
Page
Company Information 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—8
Page 1
Company Information
Directors Mr Bennett Moss
Mr David Snaith
Company Number 09041508
Registered Office 1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Accountants BBK Partnership
Chartered Accountants & Statutory Auditors
1 Beauchamp Court, 10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Page 1
Page 2
Statement of Financial Position
Registered number: 09041508
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 38,332 47,914
Tangible Assets 5 119,367 118,427
157,699 166,341
CURRENT ASSETS
Stocks 6 24,550 -
Debtors 7 641,642 1,015,580
Cash at bank and in hand 1,310,615 509,407
1,976,807 1,524,987
Creditors: Amounts Falling Due Within One Year 8 (1,235,231 ) (321,827 )
NET CURRENT ASSETS (LIABILITIES) 741,576 1,203,160
TOTAL ASSETS LESS CURRENT LIABILITIES 899,275 1,369,501
Creditors: Amounts Falling Due After More Than One Year 9 (35,381 ) (299,208 )
NET ASSETS 863,894 1,070,293
CAPITAL AND RESERVES
Called up share capital 12 100 100
Share premium account 99 99
Income Statement 863,695 1,070,094
SHAREHOLDERS' FUNDS 863,894 1,070,293
Page 2
Page 3
For the year ending 28 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 Income Statement.
On behalf of the board
Mr Bennett Moss
Director
Mr David Snaith
Director
10/12/2025
The notes on pages 4 to 8 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Jupiter Visual Communications Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09041508 . The registered office is 1 Beauchamp Court, 10 Victors Way, Barnet, Hertfordshire, EN5 5TZ.
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. 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 the income statement over its estimated economic life of .... 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:
Motor Vehicles 25
Fixtures & Fittings 25
Computer Equipment 33.33
2.5. Investments
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2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
2.7. 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.
2.8. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.9. 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: 13 (2024: 9)
13 9
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Page 6
4. Intangible Assets
Goodwill
£
Cost
As at 30 March 2024 95,829
As at 28 March 2025 95,829
Amortisation
As at 30 March 2024 47,915
Provided during the period 9,582
As at 28 March 2025 57,497
Net Book Value
As at 28 March 2025 38,332
As at 30 March 2024 47,914
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 30 March 2024 165,068 44,060 5,843 214,971
Additions 6,900 30,396 4,219 41,515
As at 28 March 2025 171,968 74,456 10,062 256,486
Depreciation
As at 30 March 2024 79,116 14,447 2,981 96,544
Provided during the period 23,213 15,002 2,360 40,575
As at 28 March 2025 102,329 29,449 5,341 137,119
Net Book Value
As at 28 March 2025 69,639 45,007 4,721 119,367
As at 30 March 2024 85,952 29,613 2,862 118,427
6. Stocks
2025 2024
£ £
Closing stock Materials 24,550 -
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Page 7
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 531,482 769,080
Bendam Visual 10,000 -
Call Print- 100,160 100,160
Directors' loan accounts - 146,340
641,642 1,015,580
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 28,341 1,983
Trade creditors 899,426 218,648
Bank loans and overdrafts 48,510 -
Corporation tax 241,379 -
Other taxes and social security 1,659 22,473
VAT 5,670 68,823
Directors' loan accounts 346 -
Payments on account 9,900 9,900
1,235,231 321,827
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 64,828
Bank loans 35,381 234,380
35,381 299,208
10. Loans
An analysis of the maturity of loans is given below:
2025 2024
£ £
Amounts falling due between one and five years:
Bank loans 35,381 234,380
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11. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 38,351 18,666
Later than one year and not later than five years - 64,828
38,351 83,494
Less: Finance charges allocated to future periods 10,010 16,683
28,341 66,811
12. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
13. Directors Advances, Credits and Guarantees
Included in debtors is £ 146,340 being overdrawn directors current account.
This amount was fully repaid to the company within 9 months of the period end.
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