Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 05666242 Mr J A Blythin Mr R Picton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05666242 2023-02-28 05666242 2024-02-29 05666242 2023-03-01 2024-02-29 05666242 frs-core:CurrentFinancialInstruments 2024-02-29 05666242 frs-core:ShareCapital 2024-02-29 05666242 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 05666242 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 05666242 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 05666242 frs-bus:SmallEntities 2023-03-01 2024-02-29 05666242 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 05666242 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 05666242 frs-core:CostValuation 2023-02-28 05666242 frs-core:CostValuation 2024-02-29 05666242 frs-core:ProvisionsForImpairmentInvestments 2023-02-28 05666242 frs-core:ProvisionsForImpairmentInvestments 2024-02-29 05666242 frs-bus:Director1 2023-03-01 2024-02-29 05666242 frs-bus:Director2 2023-03-01 2024-02-29 05666242 frs-countries:EnglandWales 2023-03-01 2024-02-29 05666242 2022-02-28 05666242 2023-02-28 05666242 2022-03-01 2023-02-28 05666242 frs-core:CurrentFinancialInstruments 2023-02-28 05666242 frs-core:ShareCapital 2023-02-28 05666242 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 05666242
The Blythin Lewis Group Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Saul Fairholm Limited
Chartered Accountants
12 Tentercroft Street
Lincoln
Lincolnshire
LN5 7DB
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 05666242
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 672,618 672,618
672,618 672,618
Creditors: Amounts Falling Due Within One Year 5 (151,295 ) (151,295 )
NET CURRENT ASSETS (LIABILITIES) (151,295 ) (151,295 )
TOTAL ASSETS LESS CURRENT LIABILITIES 521,323 521,323
NET ASSETS 521,323 521,323
CAPITAL AND RESERVES
Called up share capital 4,112 4,112
Profit and Loss Account 517,211 517,211
SHAREHOLDERS' FUNDS 521,323 521,323
For the year ending 29 February 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.
The financial statements were approved by the board of directors for The Blythin Lewis Group Limited (Company No. 05666242) on 26 July 2024 and were signed on its behalf by:
Mr J A Blythin
Director
26/07/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Blythin Lewis Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05666242 . The registered office and principal place of business is The Point , Granite Way , Mountsorrel , Leicestershire , LE12 7TZ.
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. Group accounts not prepared
The company is exempt from the obligation to prepare and deliver group accounts.
2.3. Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
2.4. Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
2.5. Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
2.6. Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
2.7. Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the
reporting period in which the dividends are declared.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 2
Page 3
4. Investments
Subsidiaries
£
Cost
As at 1 March 2023 672,618
As at 29 February 2024 672,618
Provision
As at 1 March 2023 -
As at 29 February 2024 -
Net Book Value
As at 29 February 2024 672,618
As at 1 March 2023 672,618
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings 151,295 151,295
Page 3