Acorah Software Products - Accounts Production 15.0.600 false true true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 13229540 Mr Jonathan Tarling Mrs Natasha Tarling Mr J Tarling true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13229540 2023-02-28 13229540 2024-02-29 13229540 2023-03-01 2024-02-29 13229540 frs-core:CurrentFinancialInstruments 2024-02-29 13229540 frs-core:Non-currentFinancialInstruments 2024-02-29 13229540 frs-core:ShareCapital 2024-02-29 13229540 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13229540 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13229540 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13229540 frs-bus:SmallEntities 2023-03-01 2024-02-29 13229540 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13229540 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13229540 1 2023-03-01 2024-02-29 13229540 frs-core:UnlistedNon-exchangeTraded 2024-02-29 13229540 frs-core:UnlistedNon-exchangeTraded 2023-02-28 13229540 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-02-28 13229540 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-02-29 13229540 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-02-28 13229540 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-29 13229540 frs-bus:Director1 2023-03-01 2024-02-29 13229540 frs-bus:Director1 2023-02-28 13229540 frs-bus:Director1 2024-02-29 13229540 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 13229540 frs-countries:EnglandWales 2023-03-01 2024-02-29 13229540 2022-02-28 13229540 2023-02-28 13229540 2022-03-01 2023-02-28 13229540 frs-core:CurrentFinancialInstruments 2023-02-28 13229540 frs-core:Non-currentFinancialInstruments 2023-02-28 13229540 frs-core:ShareCapital 2023-02-28 13229540 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13229540
LKZ Group Of Companies Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Brisan Accountancy Ltd
Canada House, First Floor, 20/20 Business Park
Maidstone
Kent
ME16 0LS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13229540
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 200,000 200,000
200,000 200,000
CURRENT ASSETS
Debtors 5 808,561 190,915
Cash at bank and in hand 1,742 3,907
810,303 194,822
Creditors: Amounts Falling Due Within One Year 6 (692,030 ) (322,982 )
NET CURRENT ASSETS (LIABILITIES) 118,273 (128,160 )
TOTAL ASSETS LESS CURRENT LIABILITIES 318,273 71,840
Creditors: Amounts Falling Due After More Than One Year 7 (285,047 ) (118,000 )
NET ASSETS/(LIABILITIES) 33,226 (46,160 )
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 33,216 (46,170 )
SHAREHOLDERS' FUNDS 33,226 (46,160)
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Jonathan Tarling
Director
19 August 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
LKZ Group Of Companies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13229540 . The registered office is Canada House, First Floor, 20/20 Business Park, Maidstone, Kent, ME16 0LS.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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.
Current 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.
2.5. Investments
Investments in associated companies are measured at cost less accumulated impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
4. Investments
Unlisted
£
Cost
As at 1 March 2023 200,000
As at 29 February 2024 200,000
Provision
As at 1 March 2023 -
As at 29 February 2024 -
...CONTINUED
Page 3
Page 4
Net Book Value
As at 29 February 2024 200,000
As at 1 March 2023 200,000
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 603
Other debtors - 150,484
Director's loan account 604,532 39,828
604,532 190,915
Due after more than one year
Corporation tax recoverable assets 204,029 -
808,561 190,915
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other loans 114,400 182,000
Corporation tax 204,407 13,442
Other taxes and social security 3,970 3,716
VAT 37,065 23,824
Other creditors - 100,000
Amounts owed to associates 332,188 -
692,030 322,982
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 285,047 118,000
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 March 2023 Amounts advanced Amounts repaid Amounts written off As at 29 February 2024
£ £ £ £ £
Mr Jonathan Tarling 39,828 566,054 1,350 - 604,532
The above loan is unsecured and repayable on demand. The HMRC official rate of interest is charged on the outstanding balance.
Page 4
Page 5
10. Related Party Transactions
Copper Jax Contract Maintenance LtdA company under common controlAt the year end LKZ Group of Companies Ltd owed Copper Jax Contract Maintenance Ltd £332,188. This is interest free and repayable on demand. Copper Jax Contract Maintenance Ltd also guaranteed a loan on behalf of LKZ Group of Companies Ltd to the value of £480,000.

Copper Jax Contract Maintenance Ltd

A company under common control

At the year end LKZ Group of Companies Ltd owed Copper Jax Contract Maintenance Ltd £332,188. This is interest free and repayable on demand. Copper Jax Contract Maintenance Ltd also guaranteed a loan on behalf of LKZ Group of Companies Ltd to the value of £480,000.

11. Ultimate Controlling Party
The company's ultimate controlling party is Mr J Tarling by virtue of his ownership of 100% of the issued share capital in the company.
Page 5