Acorah Software Products - Accounts Production 19.2.450 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 10504228 Mr N Grace Mr J Shaw iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10504228 2024-12-31 10504228 2025-12-31 10504228 2025-01-01 2025-12-31 10504228 frs-core:CurrentFinancialInstruments 2025-12-31 10504228 frs-core:Non-currentFinancialInstruments 2025-12-31 10504228 frs-core:BetweenOneFiveYears 2025-12-31 10504228 frs-core:NetGoodwill 2025-12-31 10504228 frs-core:NetGoodwill 2025-01-01 2025-12-31 10504228 frs-core:NetGoodwill 2024-12-31 10504228 frs-core:MotorVehicles 2025-12-31 10504228 frs-core:MotorVehicles 2025-01-01 2025-12-31 10504228 frs-core:MotorVehicles 2024-12-31 10504228 frs-core:PlantMachinery 2025-12-31 10504228 frs-core:PlantMachinery 2025-01-01 2025-12-31 10504228 frs-core:PlantMachinery 2024-12-31 10504228 frs-core:WithinOneYear 2025-12-31 10504228 frs-core:ShareCapital 2025-12-31 10504228 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 10504228 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10504228 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 10504228 frs-bus:SmallEntities 2025-01-01 2025-12-31 10504228 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 10504228 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10504228 frs-bus:Director1 2025-01-01 2025-12-31 10504228 frs-bus:Director2 2025-01-01 2025-12-31 10504228 frs-countries:EnglandWales 2025-01-01 2025-12-31 10504228 2023-12-31 10504228 2024-12-31 10504228 2024-01-01 2024-12-31 10504228 frs-core:CurrentFinancialInstruments 2024-12-31 10504228 frs-core:Non-currentFinancialInstruments 2024-12-31 10504228 frs-core:BetweenOneFiveYears 2024-12-31 10504228 frs-core:WithinOneYear 2024-12-31 10504228 frs-core:ShareCapital 2024-12-31 10504228 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 10504228
JFS Property Services Limited
Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10504228
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 27,756 38,408
27,756 38,408
CURRENT ASSETS
Stocks 6 93,059 102,045
Debtors 7 633,061 691,242
Cash at bank and in hand 306,436 278,095
1,032,556 1,071,382
Creditors: Amounts Falling Due Within One Year 8 (510,334 ) (656,117 )
NET CURRENT ASSETS (LIABILITIES) 522,222 415,265
TOTAL ASSETS LESS CURRENT LIABILITIES 549,978 453,673
Creditors: Amounts Falling Due After More Than One Year 9 (96,862 ) (10,120 )
NET ASSETS 453,116 443,553
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 453,016 443,453
SHAREHOLDERS' FUNDS 453,116 443,553
Page 1
Page 2
For the year ending 31 December 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 N Grace
Director
23 June 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
JFS Property Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10504228 . The registered office is 32 High Street, Wendover, Bucks, HP22 6EA.
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.
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 over 4 years
Motor Vehicles over 4 years
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.
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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.
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: 9 (2024: 7)
9 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 22,000
As at 31 December 2025 22,000
Amortisation
As at 1 January 2025 22,000
As at 31 December 2025 22,000
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2025 32,320 46,778 79,098
Additions 8,687 - 8,687
As at 31 December 2025 41,007 46,778 87,785
Depreciation
As at 1 January 2025 14,449 26,241 40,690
Provided during the period 9,507 9,832 19,339
As at 31 December 2025 23,956 36,073 60,029
Net Book Value
As at 31 December 2025 17,051 10,705 27,756
As at 1 January 2025 17,871 20,537 38,408
6. Stocks
2025 2024
£ £
Stock 23,829 5,175
Work in progress 69,230 96,870
93,059 102,045
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 413,127 561,600
Other debtors 219,934 129,642
633,061 691,242
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 110,578 137,542
Bank loans and overdrafts 23,593 5,542
Other creditors 85,815 209,720
Taxation and social security 290,348 303,313
510,334 656,117
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 96,862 10,120
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 16,521 15,000
Later than one year and not later than five years 1,458 28,750
17,979 43,750
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