Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 16 November 2021 false 1 December 2022 30 November 2023 30 November 2023 13745971 Mr Sunil Parmar Mr Akshay Parmar Mrs Bhawna Parmar Mr Roshan Parmar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13745971 2022-11-30 13745971 2023-11-30 13745971 2022-12-01 2023-11-30 13745971 frs-core:CurrentFinancialInstruments 2023-11-30 13745971 frs-core:ComputerEquipment 2023-11-30 13745971 frs-core:ComputerEquipment 2022-12-01 2023-11-30 13745971 frs-core:ComputerEquipment 2022-11-30 13745971 frs-core:ShareCapital 2023-11-30 13745971 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 13745971 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13745971 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 13745971 frs-bus:SmallEntities 2022-12-01 2023-11-30 13745971 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13745971 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13745971 frs-bus:Director1 2022-12-01 2023-11-30 13745971 frs-bus:Director2 2022-12-01 2023-11-30 13745971 frs-bus:Director3 2022-12-01 2023-11-30 13745971 frs-bus:Director4 2022-12-01 2023-11-30 13745971 frs-countries:EnglandWales 2022-12-01 2023-11-30 13745971 2021-11-15 13745971 2022-11-30 13745971 2021-11-16 2022-11-30 13745971 frs-core:CurrentFinancialInstruments 2022-11-30 13745971 frs-core:ShareCapital 2022-11-30 13745971 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 13745971
Lotus Holmes Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
GMS FC Limited
1 London Road
Ipswich
Suffolk
IP1 2HA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13745971
30 November 2023 30 November 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,378 1,892
1,378 1,892
CURRENT ASSETS
Debtors 5 100 100
Cash at bank and in hand 7,926 7,935
8,026 8,035
Creditors: Amounts Falling Due Within One Year 6 (57,154 ) (36,811 )
NET CURRENT ASSETS (LIABILITIES) (49,128 ) (28,776 )
TOTAL ASSETS LESS CURRENT LIABILITIES (47,750 ) (26,884 )
NET LIABILITIES (47,750 ) (26,884 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (47,850 ) (26,984 )
SHAREHOLDERS' FUNDS (47,750) (26,884)
Page 1
Page 2
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 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 Sunil Parmar
Director
22nd August 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
Lotus Holmes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13745971 . The registered office is 1 London Road, Ipswich, Suffolk, IP1 2HA.
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. 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% SL
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2022 2,059
As at 30 November 2023 2,059
Depreciation
As at 1 December 2022 167
Provided during the period 514
As at 30 November 2023 681
Net Book Value
As at 30 November 2023 1,378
As at 1 December 2022 1,892
5. Debtors
30 November 2023 30 November 2022
£ £
Due within one year
Other debtors 100 100
100 100
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
30 November 2023 30 November 2022
£ £
Trade creditors 1 -
Accruals and deferred income 1,140 1,140
Directors' loan accounts 56,013 35,671
57,154 36,811
7. Share Capital
30 November 2023 30 November 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4