Acorah Software Products - Accounts Production 14.5.501 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 01665603 Mr Abdul Mukim Mrs Sultana Hashim Mr Mohammed Hashim Mr Mohammed Munim Mrs Sultana Hashim iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01665603 2022-09-30 01665603 2023-09-30 01665603 2022-10-01 2023-09-30 01665603 frs-core:CurrentFinancialInstruments 2023-09-30 01665603 frs-core:Non-currentFinancialInstruments 2023-09-30 01665603 frs-core:ComputerEquipment 2022-10-01 2023-09-30 01665603 frs-core:FurnitureFittings 2023-09-30 01665603 frs-core:FurnitureFittings 2022-10-01 2023-09-30 01665603 frs-core:FurnitureFittings 2022-09-30 01665603 frs-core:MotorVehicles 2023-09-30 01665603 frs-core:MotorVehicles 2022-10-01 2023-09-30 01665603 frs-core:MotorVehicles 2022-09-30 01665603 frs-core:PlantMachinery 2023-09-30 01665603 frs-core:PlantMachinery 2022-10-01 2023-09-30 01665603 frs-core:PlantMachinery 2022-09-30 01665603 frs-core:ShareCapital 2023-09-30 01665603 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 01665603 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 01665603 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 01665603 frs-bus:SmallEntities 2022-10-01 2023-09-30 01665603 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 01665603 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 01665603 frs-bus:Director1 2022-10-01 2023-09-30 01665603 frs-bus:Director1 2022-09-30 01665603 frs-bus:Director1 2023-09-30 01665603 frs-bus:Director2 2022-10-01 2023-09-30 01665603 frs-bus:Director2 2022-09-30 01665603 frs-bus:Director2 2023-09-30 01665603 frs-bus:Director3 2022-10-01 2023-09-30 01665603 frs-bus:Director4 2022-10-01 2023-09-30 01665603 frs-bus:Director4 2022-09-30 01665603 frs-bus:Director4 2023-09-30 01665603 frs-bus:CompanySecretary1 2022-10-01 2023-09-30 01665603 frs-countries:EnglandWales 2022-10-01 2023-09-30 01665603 2021-09-30 01665603 2022-09-30 01665603 2021-10-01 2022-09-30 01665603 frs-core:CurrentFinancialInstruments 2022-09-30 01665603 frs-core:Non-currentFinancialInstruments 2022-09-30 01665603 frs-core:ShareCapital 2022-09-30 01665603 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 01665603
Leechoice Limited
Financial Statements
For The Year Ended 30 September 2023
OD Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01665603
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 324 432
324 432
CURRENT ASSETS
Stocks 5 285,594 263,902
Debtors 6 95,764 114,750
Cash at bank and in hand 21,675 23,751
403,033 402,403
Creditors: Amounts Falling Due Within One Year 7 (566,284 ) (494,685 )
NET CURRENT ASSETS (LIABILITIES) (163,251 ) (92,282 )
TOTAL ASSETS LESS CURRENT LIABILITIES (162,927 ) (91,850 )
Creditors: Amounts Falling Due After More Than One Year 8 (28,779 ) (38,645 )
NET LIABILITIES (191,706 ) (130,495 )
CAPITAL AND RESERVES
Called up share capital 9 30,000 30,000
Profit and Loss Account (221,706 ) (160,495 )
SHAREHOLDERS' FUNDS (191,706) (130,495)
Page 1
Page 2
For the year ending 30 September 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
Mr Abdul Mukim
Director
31/07/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Leechoice Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01665603 . The registered office is 144-158 Tollington Park, London, N4 3AD.
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:
Plant & Machinery 25%
Motor Vehicles 25%
Fixtures & Fittings 25%
Computer Equipment 25%
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2022: 10)
11 10
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 October 2022 91,297 2,600 3,625 97,522
As at 30 September 2023 91,297 2,600 3,625 97,522
Depreciation
As at 1 October 2022 90,865 2,600 3,625 97,090
Provided during the period 108 - - 108
As at 30 September 2023 90,973 2,600 3,625 97,198
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 September 2023 324 - - 324
As at 1 October 2022 432 - - 432
5. Stocks
2023 2022
£ £
Stock 285,594 263,902
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 18,305 8,382
Other debtors 16,086 44,995
34,391 53,377
Due after more than one year
Amounts owed by group undertakings 61,373 61,373
95,764 114,750
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 317,799 335,406
Bank loans and overdrafts 9,761 9,584
Other loans 57,080 -
Other creditors 38,538 30,452
Taxation and social security 143,106 119,243
566,284 494,685
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 28,779 38,645
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 30,000 30,000
Page 4
Page 5
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2022 Amounts advanced Amounts repaid Amounts written off As at 30 September 2023
£ £ £ £ £
Mr Abdul Mukim 18,248 7,027 15,100 - 10,175
Mrs Sultana Hashim - 1,013 675 - 338
Mr Mohammed Munim - 3,837 2,585 - 1,252
The above loan is unsecured, interest free and repayable on demand.
Page 5