Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11155042 Mrs Elizabeth Hunter Mr David Simpson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11155042 2022-12-31 11155042 2023-12-31 11155042 2023-01-01 2023-12-31 11155042 frs-core:CurrentFinancialInstruments 2023-12-31 11155042 frs-core:ShareCapital 2023-12-31 11155042 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11155042 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11155042 frs-bus:SmallEntities 2023-01-01 2023-12-31 11155042 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11155042 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11155042 frs-bus:Director1 2023-01-01 2023-12-31 11155042 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 11155042 frs-core:CurrentFinancialInstruments 1 2023-12-31 11155042 frs-countries:EnglandWales 2023-01-01 2023-12-31 11155042 2021-12-31 11155042 2022-12-31 11155042 2022-01-01 2022-12-31 11155042 frs-core:CurrentFinancialInstruments 2022-12-31 11155042 frs-core:ShareCapital 2022-12-31 11155042 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 11155042
Lawders Orchard Management Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11155042
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 (739 ) (249 )
Monies Held in Trust 17,279 7,293
16,540 7,044
Creditors: Amounts Falling Due Within One Year 5 (16,529 ) (7,033 )
NET CURRENT ASSETS (LIABILITIES) 11 11
TOTAL ASSETS LESS CURRENT LIABILITIES 11 11
NET ASSETS 11 11
CAPITAL AND RESERVES
Called up share capital 6 11 11
SHAREHOLDERS' FUNDS 11 11
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 her 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
Mrs Elizabeth Hunter
Director
31/05/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Lawders Orchard Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11155042 . The registered office is Saturley Garner & Co Ltd, The Hive Beaufighter Road, Weston-Super-Mare, BS24 8EE.
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 comprises of the services charges due from leaseholders relating to the year by way of contributions toward
expenses and maintenance of the property.
2.3. 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred 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.
2.4. Monies held in trust
Surplusses of service charges are held in trust for the company in a seperate business bank account stating the
Company's name.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Debtors
2023 2022
£ £
Due within one year
Other debtors (750 ) (260 )
Amounts owed by group undertakings 11 11
(739 ) (249 )
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 2 1
Surplus & Deficit Reserve 12,863 4,835
Accruals and deferred income 3,664 2,197
16,529 7,033
Surplus/Deficit Reserve contains the retained surplusses of the company (the sinking fund). It is the intention of the director that this will be added to on an annual basis to be spent at five yearly intervals on exterior redecorationof the houses.
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 11 11
Page 3