Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10760470 Mr Glenn Leathley Mr Robin Leathley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10760470 2023-03-31 10760470 2024-03-31 10760470 2023-04-01 2024-03-31 10760470 frs-core:CurrentFinancialInstruments 2024-03-31 10760470 frs-core:ComputerEquipment 2024-03-31 10760470 frs-core:ComputerEquipment 2023-04-01 2024-03-31 10760470 frs-core:ComputerEquipment 2023-03-31 10760470 frs-core:FurnitureFittings 2024-03-31 10760470 frs-core:FurnitureFittings 2023-04-01 2024-03-31 10760470 frs-core:FurnitureFittings 2023-03-31 10760470 frs-core:NetGoodwill 2024-03-31 10760470 frs-core:NetGoodwill 2023-04-01 2024-03-31 10760470 frs-core:NetGoodwill 2023-03-31 10760470 frs-core:PlantMachinery 2024-03-31 10760470 frs-core:PlantMachinery 2023-04-01 2024-03-31 10760470 frs-core:PlantMachinery 2023-03-31 10760470 frs-core:CapitalRedemptionReserve 2024-03-31 10760470 frs-core:ShareCapital 2024-03-31 10760470 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10760470 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10760470 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10760470 frs-bus:SmallEntities 2023-04-01 2024-03-31 10760470 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10760470 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10760470 frs-bus:Director1 2023-04-01 2024-03-31 10760470 frs-bus:Director2 2023-04-01 2024-03-31 10760470 frs-countries:EnglandWales 2023-04-01 2024-03-31 10760470 2022-03-31 10760470 2023-03-31 10760470 2022-04-01 2023-03-31 10760470 frs-core:CurrentFinancialInstruments 2023-03-31 10760470 frs-core:CapitalRedemptionReserve 2023-03-31 10760470 frs-core:ShareCapital 2023-03-31 10760470 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10760470
Leathley & Co (Cheshire) Ltd
Financial Statements
For The Year Ended 31 March 2024
Leathley & Co - Poynton Office
Park Lane Business Centre
78 Park Lane
Poynton
Cheshire
SK12 1RE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10760470
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 72,223 75,871
Tangible Assets 5 2,831 3,117
75,054 78,988
CURRENT ASSETS
Debtors 6 17,797 18,305
Cash at bank and in hand 3,055 5,100
20,852 23,405
Creditors: Amounts Falling Due Within One Year 7 (38,247 ) (45,400 )
NET CURRENT ASSETS (LIABILITIES) (17,395 ) (21,995 )
TOTAL ASSETS LESS CURRENT LIABILITIES 57,659 56,993
NET ASSETS 57,659 56,993
CAPITAL AND RESERVES
Called up share capital 8 100 100
Capital redemption reserve 3 3
Profit and Loss Account 57,556 56,890
SHAREHOLDERS' FUNDS 57,659 56,993
Page 1
Page 2
For the year ending 31 March 2024 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 Glenn Leathley
Director
15/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Leathley & Co (Cheshire) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10760470 . The registered office is Suite 3, Park Lane Business Centre 78 Park Lane, Poynton, Stockport, Cheshire, SK12 1RE.
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.
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 profit and loss account over its estimated economic life of 25 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:
Plant & Machinery 15% reducing balance basis
Fixtures & Fittings 15% reducing balance basis
Computer Equipment 25% reducing balance basis
2.5. 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 91,189
As at 31 March 2024 91,189
Amortisation
As at 1 April 2023 15,318
Provided during the period 3,648
As at 31 March 2024 18,966
Net Book Value
As at 31 March 2024 72,223
As at 1 April 2023 75,871
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5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 1,836 1,152 2,882 5,870
Additions - - 470 470
As at 31 March 2024 1,836 1,152 3,352 6,340
Depreciation
As at 1 April 2023 619 554 1,580 2,753
Provided during the period 223 90 443 756
As at 31 March 2024 842 644 2,023 3,509
Net Book Value
As at 31 March 2024 994 508 1,329 2,831
As at 1 April 2023 1,217 598 1,302 3,117
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,993 7,881
Other debtors 666 666
Directors' loan accounts 1,522 2,218
Amounts owed by associates 6,616 7,540
17,797 18,305
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,767 1,911
Corporation tax 15,816 12,435
Other taxes and social security 1,562 820
VAT 7,734 9,059
Amounts owed to associates 11,368 21,175
38,247 45,400
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4