Acorah Software Products - Accounts Production 15.0.400 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 10431964 Ms Emma Wallis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10431964 2022-10-31 10431964 2023-10-31 10431964 2022-11-01 2023-10-31 10431964 frs-core:CurrentFinancialInstruments 2023-10-31 10431964 frs-core:Non-currentFinancialInstruments 2023-10-31 10431964 frs-core:ComputerEquipment 2023-10-31 10431964 frs-core:ComputerEquipment 2022-11-01 2023-10-31 10431964 frs-core:ComputerEquipment 2022-10-31 10431964 frs-core:PlantMachinery 2023-10-31 10431964 frs-core:PlantMachinery 2022-11-01 2023-10-31 10431964 frs-core:PlantMachinery 2022-10-31 10431964 frs-core:ShareCapital 2023-10-31 10431964 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 10431964 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 10431964 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 10431964 frs-bus:SmallEntities 2022-11-01 2023-10-31 10431964 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 10431964 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 10431964 frs-bus:Director1 2022-11-01 2023-10-31 10431964 frs-countries:EnglandWales 2022-11-01 2023-10-31 10431964 2021-10-31 10431964 2022-10-31 10431964 2021-11-01 2022-10-31 10431964 frs-core:CurrentFinancialInstruments 2022-10-31 10431964 frs-core:Non-currentFinancialInstruments 2022-10-31 10431964 frs-core:ShareCapital 2022-10-31 10431964 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 10431964
Laceeze Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Ecommerce Accountants LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10431964
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,977 12,000
9,977 12,000
CURRENT ASSETS
Stocks 5 46,857 71,307
Debtors 6 11,703 33,693
Cash at bank and in hand 6,695 -
65,255 105,000
Creditors: Amounts Falling Due Within One Year 7 (59,157 ) -
NET CURRENT ASSETS (LIABILITIES) 6,098 105,000
TOTAL ASSETS LESS CURRENT LIABILITIES 16,075 117,000
Creditors: Amounts Falling Due After More Than One Year 8 (7,856 ) (20,000 )
NET ASSETS 8,219 97,000
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 8,119 96,900
SHAREHOLDERS' FUNDS 8,219 97,000
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For the year ending 31 October 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 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
Ms Emma Wallis
Director
25/07/2024
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
Laceeze Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10431964 . The registered office is 10 Egmont Drive, Ringwood, BH24 2BN.
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.
2.3. 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 Straight line over five years.
Computer Equipment Straight line over three years.
2.4. 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.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity. 
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date. 
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against he reversal of deferred tax liabilities or other future taxable profits.
2.7. Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 November 2022 12,000 - 12,000
Additions - 566 566
As at 31 October 2023 12,000 566 12,566
Depreciation
As at 1 November 2022 - - -
Provided during the period 2,400 189 2,589
As at 31 October 2023 2,400 189 2,589
Net Book Value
As at 31 October 2023 9,600 377 9,977
As at 1 November 2022 12,000 - 12,000
5. Stocks
2023 2022
£ £
Finished goods 46,857 71,307
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 11,703 33,693
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 31,396 -
Bank loans and overdrafts 3,253 -
Other loans 2,176 -
Other creditors 13,870 -
Taxation and social security 8,462 -
59,157 -
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 7,856 20,000
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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