Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 10939311 Mr Benjamin Sabin Mrs Danielle Dickinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10939311 2022-08-31 10939311 2023-08-31 10939311 2022-09-01 2023-08-31 10939311 frs-core:CurrentFinancialInstruments 2023-08-31 10939311 frs-core:Non-currentFinancialInstruments 2023-08-31 10939311 frs-core:ComputerEquipment 2023-08-31 10939311 frs-core:ComputerEquipment 2022-09-01 2023-08-31 10939311 frs-core:ComputerEquipment 2022-08-31 10939311 frs-core:FurnitureFittings 2022-09-01 2023-08-31 10939311 frs-core:PlantMachinery 2023-08-31 10939311 frs-core:PlantMachinery 2022-09-01 2023-08-31 10939311 frs-core:PlantMachinery 2022-08-31 10939311 frs-core:ShareCapital 2023-08-31 10939311 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 10939311 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 10939311 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 10939311 frs-bus:SmallEntities 2022-09-01 2023-08-31 10939311 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 10939311 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 10939311 frs-bus:Director1 2022-09-01 2023-08-31 10939311 frs-bus:Director2 2022-09-01 2023-08-31 10939311 frs-core:CurrentFinancialInstruments 2 2023-08-31 10939311 frs-core:Non-currentFinancialInstruments 2 2023-08-31 10939311 frs-countries:EnglandWales 2022-09-01 2023-08-31 10939311 2021-08-31 10939311 2022-08-31 10939311 2021-09-01 2022-08-31 10939311 frs-core:CurrentFinancialInstruments 2022-08-31 10939311 frs-core:Non-currentFinancialInstruments 2022-08-31 10939311 frs-core:ShareCapital 2022-08-31 10939311 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31 10939311 frs-core:CurrentFinancialInstruments 2 2022-08-31 10939311 frs-core:Non-currentFinancialInstruments 2 2022-08-31
Registered number: 10939311
Lsc School Pools Limited
Unaudited Financial Statements
For The Year Ended 31 August 2023
North East Accountancy Solutions Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10939311
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 24,671 25,560
Cash at bank and in hand 200 338
24,871 25,898
Creditors: Amounts Falling Due Within One Year 6 (35,664 ) (45,008 )
NET CURRENT ASSETS (LIABILITIES) (10,793 ) (19,110 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,793 ) (19,110 )
Creditors: Amounts Falling Due After More Than One Year 7 (14,962 ) (14,818 )
NET LIABILITIES (25,755 ) (33,928 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (25,855 ) (34,028 )
SHAREHOLDERS' FUNDS (25,755) (33,928)
Page 1
Page 2
For the year ending 31 August 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 Benjamin Sabin
Director
16/08/2024
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
Lsc School Pools Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10939311 . The registered office is Little Swimming Company, Bassington Industrial Estate, Cramlington, Northumberland, NE23 8AD.
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 25% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 September 2022 9,075 1,086 10,161
As at 31 August 2023 9,075 1,086 10,161
Depreciation
As at 1 September 2022 9,075 1,086 10,161
As at 31 August 2023 9,075 1,086 10,161
Net Book Value
As at 31 August 2023 - - -
As at 1 September 2022 - - -
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5. Debtors
2023 2022
£ £
Due within one year
Directors' loan accounts 24,671 25,560
24,671 25,560
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 7 -
Corporation tax 97 97
Other creditors 1,394 3,844
Bounce Back Loan 2,568 4,200
Accruals and deferred income 2,078 1,428
Amounts owed to other participating interests 29,520 35,439
35,664 45,008
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bounce Back Loan. 14,962 14,818
14,962 14,818
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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