Acorah Software Products - Accounts Production 15.0.500 true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 11647582 Mr Lorcan Fox Mr Shane O'Donnell Mr Luke Coburn Mr Ronald Byrne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11647582 2022-10-31 11647582 2023-10-31 11647582 2022-11-01 2023-10-31 11647582 frs-core:CurrentFinancialInstruments 2023-10-31 11647582 frs-core:Non-currentFinancialInstruments 2023-10-31 11647582 frs-core:ComputerEquipment 2023-10-31 11647582 frs-core:ComputerEquipment 2022-11-01 2023-10-31 11647582 frs-core:ComputerEquipment 2022-10-31 11647582 frs-core:SharePremium 2023-10-31 11647582 frs-core:ShareCapital 2023-10-31 11647582 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 11647582 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 11647582 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 11647582 frs-bus:SmallEntities 2022-11-01 2023-10-31 11647582 frs-bus:EntityNoLongerTradingButTradedInPast 2022-11-01 2023-10-31 11647582 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 11647582 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 11647582 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31 11647582 frs-bus:OrdinaryShareClass1 2023-10-31 11647582 frs-bus:Director1 2022-11-01 2023-10-31 11647582 frs-bus:Director2 2022-11-01 2023-10-31 11647582 frs-bus:Director3 2022-11-01 2023-10-31 11647582 frs-bus:Director4 2022-11-01 2023-10-31 11647582 frs-countries:EnglandWales 2022-11-01 2023-10-31 11647582 2021-10-31 11647582 2022-10-31 11647582 2021-11-01 2022-10-31 11647582 frs-core:CurrentFinancialInstruments 2022-10-31 11647582 frs-core:Non-currentFinancialInstruments 2022-10-31 11647582 frs-core:SharePremium 2022-10-31 11647582 frs-core:ShareCapital 2022-10-31 11647582 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 11647582 frs-bus:OrdinaryShareClass1 2021-11-01 2022-10-31
Registered number: 11647582
Lanu Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
M C Accountants
Chartered Certified Accountants
19 Market Square
Sandbach
Cheshire
CW11 1AT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11647582
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,780 4,780
4,780 4,780
CURRENT ASSETS
Debtors 5 14,017 14,017
Cash at bank and in hand 12,932 12,932
26,949 26,949
Creditors: Amounts Falling Due Within One Year 6 (9,732 ) (9,732 )
NET CURRENT ASSETS (LIABILITIES) 17,217 17,217
TOTAL ASSETS LESS CURRENT LIABILITIES 21,997 21,997
Creditors: Amounts Falling Due After More Than One Year 7 (93,122 ) (93,122 )
NET LIABILITIES (71,125 ) (71,125 )
CAPITAL AND RESERVES
Called up share capital 8 10 10
Share premium account 100,000 100,000
Profit and Loss Account (171,135 ) (171,135 )
SHAREHOLDERS' FUNDS (71,125) (71,125)
Page 1
Page 2
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 Shane O'Donnell
Director
31st 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
Lanu Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11647582 . The registered office is 67, Lynmouth Drive, Ruislip, HA4 9BY.
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. 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:
Computer Equipment 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 4)
1 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2022 8,936
As at 31 October 2023 8,936
...CONTINUED
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Depreciation
As at 1 November 2022 4,156
As at 31 October 2023 4,156
Net Book Value
As at 31 October 2023 4,780
As at 1 November 2022 4,780
5. Debtors
2023 2022
£ £
Due within one year
Corporation tax recoverable assets 14,017 14,017
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
VAT 5,953 5,953
Accruals and deferred income 3,000 3,000
Directors' loan accounts 779 779
9,732 9,732
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 93,122 93,122
Other creditors represents a convertible loan note that will be converted into equity shares at a future date once the agreed contractual conditions have been fulfilled.
8. Share Capital
2023 2022
Allotted, called up and fully paid £ £
1,000,000 Ordinary Shares of £ 0.00001 each 10 10
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