Acorah Software Products - Accounts Production 6.4.034 false 1 April 2017 31 October 2017 31 October 2017 SC310576 Mrs Angela Russell Mr Jonathan Russell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC310576 2017-03-31 SC310576 2017-10-31 SC310576 2017-04-01 2017-10-31 SC310576 frs-core:CurrentFinancialInstruments 2017-10-31 SC310576 frs-core:CurrentFinancialInstruments 2017-04-01 2017-10-31 SC310576 frs-core:Non-currentFinancialInstruments 2017-10-31 SC310576 frs-core:Non-currentFinancialInstruments 2017-04-01 2017-10-31 SC310576 frs-core:CurrentFinancialInstruments 2017-04-01 2017-10-31 SC310576 frs-core:CurrentFinancialInstruments 2017-10-31 SC310576 frs-core:AfterOneYear 2017-04-01 2017-10-31 SC310576 frs-core:BetweenOneFiveYears 2017-04-01 2017-10-31 SC310576 frs-core:BetweenOneFiveYears 2017-10-31 SC310576 frs-core:ComputerEquipment 2017-10-31 SC310576 frs-core:ComputerEquipment 2017-04-01 2017-10-31 SC310576 frs-core:ComputerEquipment 2017-03-31 SC310576 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2017-10-31 SC310576 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2017-04-01 2017-10-31 SC310576 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2017-03-31 SC310576 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2017-10-31 SC310576 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2017-04-01 2017-10-31 SC310576 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2017-03-31 SC310576 frs-core:FurnitureFittings 2017-10-31 SC310576 frs-core:FurnitureFittings 2017-04-01 2017-10-31 SC310576 frs-core:FurnitureFittings 2017-03-31 SC310576 frs-core:NetGoodwill 2017-10-31 SC310576 frs-core:NetGoodwill 2017-04-01 2017-10-31 SC310576 frs-core:NetGoodwill 2017-03-31 SC310576 frs-core:InvestmentPropertyIncludedWithinPPE 2017-10-31 SC310576 frs-core:InvestmentPropertyIncludedWithinPPE 2017-04-01 2017-10-31 SC310576 frs-core:InvestmentPropertyIncludedWithinPPE 2017-03-31 SC310576 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dpl-frs:CostSales dpl-frs:Item12 2016-03-31 SC310576 dpl-frs:CostSales dpl-frs:Item12 2017-03-31 SC310576 dpl-frs:DistributionCosts dpl-frs:Item12 2016-04-01 2017-03-31 SC310576 dpl-frs:AdministrativeExpenses dpl-frs:Item12 2016-04-01 2017-03-31 SC310576 1 2016-04-01 2017-03-31 SC310576 frs-countries:Scotland 2016-04-01 2017-03-31
Registered number: SC310576
A and J Stores Ltd
Unaudited Financial Statements
For the Period 1 April 2017 to 31 October 2017
OnTax Accountants Ltd

East Office, East End Park
Halbeath Road
Dunfermline
Fife
KY12 7QY
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 3—5
Balance Sheet
Registered number: SC310576
Period to 31 October 2017 31 March 2017
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 - 95,000
- 95,000
CURRENT ASSETS
Stocks 4 - 11,413
Debtors 5 2,614 6,985
Cash at bank and in hand 16,908 6,142
19,522 24,540
Creditors: Amounts Falling Due Within One Year 6 - (39,277 )
NET CURRENT ASSETS (LIABILITIES) 19,522 (14,737 )
TOTAL ASSETS LESS CURRENT LIABILITIES 19,522 80,263
Creditors: Amounts Falling Due After More Than One Year 7 - (66,802 )
NET ASSETS 19,522 13,461
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 19,322 13,261
SHAREHOLDERS' FUNDS 19,522 13,461
For the period ending 31 October 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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 Jonathan Russell
21/11/2017
Page 1

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. 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.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold 0%
Leasehold 0%
Plant & Machinery 25% SL
Motor Vehicles 25% SL
Fixtures & Fittings 25% SL
Computer Equipment 25% SL
1.4. 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.
1.5. 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 year 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 asset reflects 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.
Page 3
3. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 April 2017 95,000 17,300 112,300
Disposals (95,000 ) (17,300 ) (112,300 )
As at 31 October 2017 - - -
Depreciation
As at 1 April 2017 - 17,300 17,300
Disposals - (17,300 ) (17,300 )
As at 31 October 2017 - - -
Net Book Value
As at 31 October 2017 - - -
As at 1 April 2017 95,000 - 95,000
4. Stocks
Period to 31 October 2017 31 March 2017
£ £
Stock - finished goods - 11,413
- 11,413
5. Debtors
Period to 31 October 2017 31 March 2017
£ £
Due within one year
Trade debtors 332 6,985
VAT 2,233 -
Other taxes and social security 49 -
2,614 6,985
6. Creditors: Amounts Falling Due Within One Year
Period to 31 October 2017 31 March 2017
£ £
Trade creditors - 24,683
Corporation tax - 446
Other taxes and social security - 368
VAT - 878
Directors' loan accounts - 12,902
- 39,277
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
Period to 31 October 2017 31 March 2017
£ £
Bank loans - 66,802
8. Share Capital
Period to 31 October 2017 31 March 2017
Allotted, Called up and fully paid 200 200
Value Number Period to 31 October 2017 31 March 2017
Allotted, called up and fully paid £ £ £
Ordinary shares 200.000 1 200 200
9. General Information
A and J Stores Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC310576. The registered office is 71 Halbeath Road, Dunfermline, Ffie, KY12 7QZ.
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