Acorah Software Products - Accounts Production 15.0.600 false true false 19 February 2023 30 June 2024 30 June 2024 14674971 Ms Dan Lu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14674971 2023-02-18 14674971 2024-06-30 14674971 2023-02-19 2024-06-30 14674971 frs-core:CurrentFinancialInstruments 2024-06-30 14674971 frs-core:ShareCapital 2024-06-30 14674971 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14674971 frs-bus:PrivateLimitedCompanyLtd 2023-02-19 2024-06-30 14674971 frs-bus:FilletedAccounts 2023-02-19 2024-06-30 14674971 frs-bus:SmallEntities 2023-02-19 2024-06-30 14674971 frs-bus:AuditExempt-NoAccountantsReport 2023-02-19 2024-06-30 14674971 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-19 2024-06-30 14674971 frs-bus:Director1 2023-02-19 2024-06-30 14674971 frs-countries:EnglandWales 2023-02-19 2024-06-30
Registered number: 14674971
Lutens Marc Ltd
Financial Statements
For the Period 19 February 2023 to 30 June 2024
Prudence Accountancy
Office 704, JQ Modern
120 Vyse Street
Birmingham
B18 6NF
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14674971
30 June 2024
Notes £ £
CURRENT ASSETS
Debtors 4 211,728
Cash at bank and in hand 20,722
232,450
Creditors: Amounts Falling Due Within One Year 5 (213,300 )
NET CURRENT ASSETS (LIABILITIES) 19,150
TOTAL ASSETS LESS CURRENT LIABILITIES 19,150
NET ASSETS 19,150
CAPITAL AND RESERVES
Called up share capital 6 1
Profit and Loss Account 19,149
SHAREHOLDERS' FUNDS 19,150
For the period ending 30 June 2024 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
Ms Dan Lu
Director
22/08/2024
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
Lutens Marc Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14674971 . The registered office is 99 Kentmere Approach, Leeds, LS14 1JW.
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.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Debtors
30 June 2024
£
Due within one year
Trade debtors 205,504
Other debtors 6,224
211,728
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
30 June 2024
£
Trade creditors 191,089
Other creditors 17,641
Taxation and social security 4,570
213,300
6. Share Capital
30 June 2024
£
Allotted, Called up and fully paid 1
Page 3