Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09363187 Mr Leon Poultney Mrs Rachel Poultney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09363187 2022-12-31 09363187 2023-12-31 09363187 2023-01-01 2023-12-31 09363187 frs-core:ComputerEquipment 2023-01-01 2023-12-31 09363187 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-01-01 2023-12-31 09363187 frs-core:PlantMachinery 2023-01-01 2023-12-31 09363187 frs-core:ShareCapital 2023-12-31 09363187 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09363187 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09363187 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 09363187 frs-bus:SmallEntities 2023-01-01 2023-12-31 09363187 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09363187 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09363187 frs-bus:Director1 2023-01-01 2023-12-31 09363187 frs-bus:Director2 2023-01-01 2023-12-31 09363187 frs-countries:EnglandWales 2023-01-01 2023-12-31 09363187 2021-12-31 09363187 2022-12-31 09363187 2022-01-01 2022-12-31 09363187 frs-core:ShareCapital 2022-12-31 09363187 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09363187
Leon Poultney Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 09363187
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 162 189
Tangible Assets 5 4,459 5,239
4,621 5,428
CURRENT ASSETS
Debtors 3,014 -
Cash at bank and in hand 7,315 2,151
10,329 2,151
Creditors: Amounts Falling Due Within One Year (13,804 ) (10,343 )
NET CURRENT ASSETS (LIABILITIES) (3,475 ) (8,192 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,146 (2,764 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (847 ) (510 )
NET ASSETS/(LIABILITIES) 299 (3,274 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 199 (3,374 )
SHAREHOLDERS' FUNDS 299 (3,274)
Page 1
Page 2
For the year ending 31 December 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Leon Poultney
Director
14/08/2023
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Leon Poultney Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09363187 . The registered office is Units 1-2 Warrior Court, 9-11 Mumby Road, Gosport, Hampshire, PO12 1BS.
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.
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
Trademarks are capitalised at their initial cost of registration and are amortised on a straight line basis over the expected period of future economic benefit, usually ten years. Maintenance charges between initial registration and renewal are charged to profit and loss as incurred.
2.4. 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% reducing balance
Computer Equipment 25% reducing balance
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
...CONTINUED
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2.5. Taxation - continued
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
The average number of persons employed under contracts of service during the year was:  NIL (2022: NIL)
- -
4. Intangible Assets
Total
£
Cost
As at 1 January 2023 270
As at 31 December 2023 270
Amortisation
As at 1 January 2023 81
Provided during the period 27
As at 31 December 2023 108
Net Book Value
As at 31 December 2023 162
As at 1 January 2023 189
5. Tangible Assets
Total
£
Cost
As at 1 January 2023 14,973
Additions 707
As at 31 December 2023 15,680
Depreciation
As at 1 January 2023 9,734
Provided during the period 1,487
As at 31 December 2023 11,221
...CONTINUED
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Net Book Value
As at 31 December 2023 4,459
As at 1 January 2023 5,239
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5