Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 13007116 Miss L Milone iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13007116 2022-11-30 13007116 2023-11-30 13007116 2022-12-01 2023-11-30 13007116 frs-core:CurrentFinancialInstruments 2023-11-30 13007116 frs-core:ComputerEquipment 2023-11-30 13007116 frs-core:ComputerEquipment 2022-12-01 2023-11-30 13007116 frs-core:ComputerEquipment 2022-11-30 13007116 frs-core:PlantMachinery 2023-11-30 13007116 frs-core:PlantMachinery 2022-12-01 2023-11-30 13007116 frs-core:PlantMachinery 2022-11-30 13007116 frs-core:ShareCapital 2023-11-30 13007116 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 13007116 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13007116 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 13007116 frs-bus:SmallEntities 2022-12-01 2023-11-30 13007116 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13007116 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13007116 frs-bus:Director1 2022-12-01 2023-11-30 13007116 frs-countries:EnglandWales 2022-12-01 2023-11-30 13007116 2021-11-30 13007116 2022-11-30 13007116 2021-12-01 2022-11-30 13007116 frs-core:CurrentFinancialInstruments 2022-11-30 13007116 frs-core:ShareCapital 2022-11-30 13007116 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 13007116
Lanza Architects Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13007116
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 662 583
662 583
CURRENT ASSETS
Debtors 5 977 1,481
Cash at bank and in hand 12,465 36,135
13,442 37,616
Creditors: Amounts Falling Due Within One Year 6 - (12,014 )
NET CURRENT ASSETS (LIABILITIES) 13,442 25,602
TOTAL ASSETS LESS CURRENT LIABILITIES 14,104 26,185
PROVISIONS FOR LIABILITIES
Deferred Taxation (126 ) (111 )
NET ASSETS 13,978 26,074
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 13,977 26,073
SHAREHOLDERS' FUNDS 13,978 26,074
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For the year ending 30 November 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 her 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
Miss L Milone
Director
22 August 2024
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Lanza Architects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13007116 . The registered office is 91 Ravensgate Road, Charlton Kings, Cheltenham, Gloucestershire, GL53 8NS.
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 20% Reducing Balance
Computer Equipment Straight line over 3 years
2.4. Financial Instruments
The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instruments Issues" of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the new amounts presented in the financial statements, when there is a legally enforcement right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
...CONTINUED
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2.4. Financial Instruments - continued
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equirt instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. 
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised costs, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to 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
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 December 2022 629 518 1,147
Additions 345 - 345
As at 30 November 2023 974 518 1,492
Depreciation
As at 1 December 2022 218 346 564
Provided during the period 94 172 266
As at 30 November 2023 312 518 830
Net Book Value
As at 30 November 2023 662 - 662
As at 1 December 2022 411 172 583
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 769
Prepayments and accrued income 504 712
Corporation tax recoverable assets 473 -
977 1,481
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax - 7,324
Director's loan account - 4,690
- 12,014
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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