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 6044861 Mr LANCE McCARTHY iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 6044861 2022-12-31 6044861 2023-12-31 6044861 2023-01-01 2023-12-31 6044861 frs-core:CurrentFinancialInstruments 2023-12-31 6044861 frs-core:Non-currentFinancialInstruments 2023-12-31 6044861 frs-core:ShareCapital 2023-12-31 6044861 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 6044861 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 6044861 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 6044861 frs-bus:SmallEntities 2023-01-01 2023-12-31 6044861 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 6044861 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 6044861 frs-core:UnlistedNon-exchangeTraded 2023-12-31 6044861 frs-core:UnlistedNon-exchangeTraded 2022-12-31 6044861 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 6044861 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 6044861 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 6044861 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 6044861 frs-bus:Director1 2023-01-01 2023-12-31 6044861 frs-countries:EnglandWales 2023-01-01 2023-12-31 6044861 2021-12-31 6044861 2022-12-31 6044861 2022-01-01 2022-12-31 6044861 frs-core:CurrentFinancialInstruments 2022-12-31 6044861 frs-core:Non-currentFinancialInstruments 2022-12-31 6044861 frs-core:ShareCapital 2022-12-31 6044861 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 6044861
L M PROPERTY INVESTMENTS LTD
Financial Statements
For The Year Ended 31 December 2023
Price & Partners Ltd.
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 6044861
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 150,000 150,000
150,000 150,000
CURRENT ASSETS
Debtors 5 47,060 47,060
Cash at bank and in hand 4,933 14,171
51,993 61,231
Creditors: Amounts Falling Due Within One Year 6 (93,531 ) (93,531 )
NET CURRENT ASSETS (LIABILITIES) (41,538 ) (32,300 )
TOTAL ASSETS LESS CURRENT LIABILITIES 108,462 117,700
Creditors: Amounts Falling Due After More Than One Year 7 (100,338 ) (100,338 )
NET ASSETS 8,124 17,362
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 8,123 17,361
SHAREHOLDERS' FUNDS 8,124 17,362
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 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 LANCE McCARTHY
Director
29/08/2024
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
L M PROPERTY INVESTMENTS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 6044861 . The registered office is Saltdene, Goldcliffe, Newport, South Wales, NP18 2AT.
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 rent of properties and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Property rental
Income from rent is recognised when the significant risks and rewards of tennancy has transferred to the tennant.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
1 1
4. Investments
Unlisted
£
Cost
As at 1 January 2023 150,000
As at 31 December 2023 150,000
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 150,000
As at 1 January 2023 150,000
5. Debtors
2023 2022
£ £
Due within one year
Amounts owed by associates 47,060 47,060
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income - 650
Director's loan account 93,531 92,881
93,531 93,531
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 100,338 100,338
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4