Acorah Software Products - Accounts Production 19.2.450 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 04853731 Mr D I Brooks Mr J P Vallance Mr J P Vallance true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04853731 2024-10-31 04853731 2025-10-31 04853731 2024-11-01 2025-10-31 04853731 frs-core:CurrentFinancialInstruments 2025-10-31 04853731 frs-core:Non-currentFinancialInstruments 2025-10-31 04853731 frs-core:ShareCapital 2025-10-31 04853731 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 04853731 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 04853731 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 04853731 frs-bus:SmallEntities 2024-11-01 2025-10-31 04853731 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 04853731 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 04853731 1 2024-11-01 2025-10-31 04853731 frs-core:UnlistedNon-exchangeTraded 2025-10-31 04853731 frs-core:UnlistedNon-exchangeTraded 2024-10-31 04853731 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-10-31 04853731 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-10-31 04853731 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 04853731 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-10-31 04853731 frs-bus:Director1 2024-11-01 2025-10-31 04853731 frs-bus:Director2 2024-11-01 2025-10-31 04853731 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 04853731 frs-core:CurrentFinancialInstruments 2 2025-10-31 04853731 frs-countries:EnglandWales 2024-11-01 2025-10-31 04853731 2023-10-31 04853731 2024-10-31 04853731 2023-11-01 2024-10-31 04853731 frs-core:CurrentFinancialInstruments 2024-10-31 04853731 frs-core:Non-currentFinancialInstruments 2024-10-31 04853731 frs-core:ShareCapital 2024-10-31 04853731 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 04853731 frs-core:CurrentFinancialInstruments 2 2024-10-31
Registered number: 04853731
JN ELECTRICAL LIMITED
Unaudited Financial Statements
For The Year Ended 31 October 2025
JN ELECTRICAL LIMITED
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—6

Page 1
JN ELECTRICAL LIMITED
Statement of Financial Position
As At 31 October 2025
Statement of Financial Position
Registered number: 04853731

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investments | 4 |  | 354,808 |  | 354,808
|  |  | 354,808 |  | 354,808
CURRENT ASSETS
Debtors | 5 | 867,102 |  | 910,650 |
Investments | 6 | 1,217,607 |  | 578,112 |
Cash at bank and in hand |  | 35,838 |  | 108,893 |
|  | 2,120,547 |  | 1,597,655 |
Creditors: Amounts Falling Due Within One Year | 7 | (47,657 ) |  | (53,987 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 2,072,890 |  | 1,543,668
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,427,698 |  | 1,898,476
NET ASSETS |  |  | 2,427,698 |  | 1,898,476
CAPITAL AND RESERVES
Called up share capital | 8 |  | 4,300 |  | 4,300
Income Statement |  |  | 2,423,398 |  | 1,894,176
SHAREHOLDERS' FUNDS |  |  | 2,427,698 |  | 1,898,476

Page 1
Page 2
JN ELECTRICAL LIMITED
Statement of Financial Position (continued)
As At 31 October 2025
For the year ending 31 October 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 D I Brooks Director
28/04/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
JN ELECTRICAL LIMITED
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
JN ELECTRICAL LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04853731 . The registered office is Brookside, Collett Way, Newton Abbot, TQ12 4PH.
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. Financial Instruments
Loans to or from group companies are initially recorded at transaction price, including transaction costs. Non-interest bearing loans repayable on demand are measured at transaction price.
2.3. 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.
2.4. 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.
Page 3
Page 4
JN ELECTRICAL LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.5. Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
2.6. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
2.7. Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 November 2024 | 354,808
As at 31 October 2025 | 354,808
Provision
As at 1 November 2024 | -
As at 31 October 2025 | -
Net Book Value
As at 31 October 2025 | 354,808
As at 1 November 2024 | 354,808

Investments in group undertakings
JN Building Services Ltd (Subsidiary - JN Electrical Ltd holds 75% ordinary shares)
Wemco Ltd (Subsidiary - JN Electrical Ltd holds 71% ordinary shares)
Registered office for both Subsidiaries:
...CONTINUED
Page 4
Page 5
JN ELECTRICAL LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
4. Investments - continued
Brookside
Collett Way
Newton Abbot
TQ12 4PH
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 14,933 |  | 15,745
Staff loans | 27,232 |  | 69,460
Amounts owed by subsidiaries | 632,772 |  | 623,686
| 674,937 |  | 708,891
Due after more than one year
Other debtors | 192,165 |  | 201,759
| 867,102 |  | 910,650

Any loans with subsidiaries are interest free and repayable on demand.
6. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other investments, held for sale | 1,217,607 |  | 578,112

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Corporation tax | 5,187 |  | 11,557
Other creditors | 1,340 |  | 1,300
Directors' loan accounts | 41,130 |  | 41,130
| 47,657 |  | 53,987

A debenture has been issued with a creation date of 31 October 2003 in respect of monies and liabilities owed to HSBC Bank Plc.
Amounts owed to the directors are interest free and repayable on demand.
Page 5
Page 6
JN ELECTRICAL LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 4,300 |  | 4,300

9. Related Party Transactions
During the year, total dividends were paid out as follows:
M J P Vallance - £112,725
Mr D I Brooks - £112,725
The Company provided a loan of £224,000 to Minerva SIPP, the members being the directors of the Company. The balance owing at 31 October 2025 was £207,098.
10. Ultimate Controlling Party
100% of the company is controlled by the directors.
Page 6