Company Registration No. 12289517 (England and Wales)
Lomond Software Ltd
Unaudited accounts
for the year ended 31 March 2023
Lomond Software Ltd
Unaudited accounts
Contents
Lomond Software Ltd
Company Information
for the year ended 31 March 2023
Director
Christopher James Iveson
Secretary
Victoria Gardner
Company Number
12289517 (England and Wales)
Registered Office
2d Fulwood Park
Liverpool
L17 5AG
Accountants
VC Finance Ltd
3.02 The Plaza
100 Old Hall Street
Liverpool
L3 9QJ
Lomond Software Ltd
Accountants' report
Accountants' report to the director of Lomond Software Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Lomond Software Ltd for the year ended
31 March 2023 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Lomond Software Ltd, as a body, in accordance with the terms of our engagement letter dated 19 December 2020. Our work has been undertaken solely to prepare for your approval the accounts of Lomond Software Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lomond Software Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lomond Software Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lomond Software Ltd. You consider that Lomond Software Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lomond Software Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
VC Finance Ltd
3.02 The Plaza
100 Old Hall Street
Liverpool
L3 9QJ
27 October 2023
Lomond Software Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
43,276
47,182
Creditors: amounts falling due within one year
(6,600)
(6,600)
Net current assets
36,676
40,582
Total assets less current liabilities
36,676
40,582
Creditors: amounts falling due after more than one year
(32,582)
(38,286)
Provisions for liabilities
Other provisions
3,727
5,467
Called up share capital
2,000
2,000
Profit and loss account
5,821
5,763
Shareholders' funds
7,821
7,763
For the year ending 31 March 2023 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 October 2023 and were signed on its behalf by
Christopher James Iveson
Director
Company Registration No. 12289517
Lomond Software Ltd
Notes to the Accounts
for the year ended 31 March 2023
Lomond Software Ltd is a private company, limited by shares, registered in England and Wales, registration number 12289517. The registered office is 2d Fulwood Park, Liverpool, L17 5AG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,600
6,600
5
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000
2,000
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).