Acorah Software Products - Accounts Production 15.0.500 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 12878758 J M Azam iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12878758 2022-07-31 12878758 2023-07-31 12878758 2022-08-01 2023-07-31 12878758 frs-core:CurrentFinancialInstruments 2023-07-31 12878758 frs-core:Non-currentFinancialInstruments 2023-07-31 12878758 frs-core:RevaluationReserve 2022-07-31 12878758 frs-core:RevaluationReserve 2023-07-31 12878758 frs-core:ShareCapital 2023-07-31 12878758 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 12878758 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12878758 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 12878758 frs-bus:SmallEntities 2022-08-01 2023-07-31 12878758 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12878758 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12878758 frs-core:CostValuation 2022-07-31 12878758 frs-core:CostValuation 2023-07-31 12878758 frs-core:ProvisionsForImpairmentInvestments 2022-07-31 12878758 frs-core:ProvisionsForImpairmentInvestments 2023-07-31 12878758 frs-bus:Director1 2022-08-01 2023-07-31 12878758 frs-countries:EnglandWales 2022-08-01 2023-07-31 12878758 2021-07-31 12878758 2022-07-31 12878758 2021-08-01 2022-07-31 12878758 frs-core:CurrentFinancialInstruments 2022-07-31 12878758 frs-core:Non-currentFinancialInstruments 2022-07-31 12878758 frs-core:RevaluationReserve 2022-07-31 12878758 frs-core:ShareCapital 2022-07-31 12878758 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 12878758
Leominik Limited
Financial Statements
For The Year Ended 31 July 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12878758
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,020,000 1,020,000
Investments 5 163,857 163,857
1,183,857 1,183,857
CURRENT ASSETS
Debtors 6 70,217 55,362
Cash at bank and in hand 704 3,467
70,921 58,829
Creditors: Amounts Falling Due Within One Year 7 (472,892 ) (443,064 )
NET CURRENT ASSETS (LIABILITIES) (401,971 ) (384,235 )
TOTAL ASSETS LESS CURRENT LIABILITIES 781,886 799,622
Creditors: Amounts Falling Due After More Than One Year 8 (523,347 ) (544,036 )
NET ASSETS 258,539 255,586
CAPITAL AND RESERVES
Called up share capital 9 300 300
Revaluation reserve 10 245,000 245,000
Profit and Loss Account 13,239 10,286
SHAREHOLDERS' FUNDS 258,539 255,586
Page 1
Page 2
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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
J M Azam
Director
29th July 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
Leominik Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12878758 . The registered office is 21 High Street, Grays, RM17 6NB.
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.
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.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Investment Property
2023
£
Fair Value
As at 1 August 2022 and 31 July 2023 1,020,000
5. Investments
Subsidiaries
£
Cost
As at 1 August 2022 163,857
As at 31 July 2023 163,857
Provision
As at 1 August 2022 -
As at 31 July 2023 -
Net Book Value
As at 31 July 2023 163,857
As at 1 August 2022 163,857
Page 3
Page 4
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 375 -
Amounts owed by group undertakings 69,082 53,752
Other debtors 760 1,610
70,217 55,362
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 2,400 -
Bank loans and overdrafts 46,499 43,820
Other creditors 395,688 367,158
Taxation and social security 28,305 32,086
472,892 443,064
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 523,347 544,036
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 300 300
10. Reserves
Revaluation Reserve
£
As at 1 August 2022 245,000
As at 31 July 2023 245,000
Page 4