Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 9772447 Mr Edward Marquis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9772447 2022-12-31 9772447 2023-12-31 9772447 2023-01-01 2023-12-31 9772447 frs-core:CurrentFinancialInstruments 2023-12-31 9772447 frs-core:ComputerEquipment 2023-12-31 9772447 frs-core:ComputerEquipment 2023-01-01 2023-12-31 9772447 frs-core:ComputerEquipment 2022-12-31 9772447 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-01-01 2023-12-31 9772447 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 9772447 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 9772447 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-31 9772447 frs-core:FurnitureFittings 2023-12-31 9772447 frs-core:FurnitureFittings 2023-01-01 2023-12-31 9772447 frs-core:FurnitureFittings 2022-12-31 9772447 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 9772447 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 9772447 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 9772447 frs-core:PlantMachinery 2023-12-31 9772447 frs-core:PlantMachinery 2023-01-01 2023-12-31 9772447 frs-core:PlantMachinery 2022-12-31 9772447 frs-core:ShareCapital 2023-12-31 9772447 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 9772447 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 9772447 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 9772447 frs-bus:SmallEntities 2023-01-01 2023-12-31 9772447 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 9772447 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 9772447 frs-bus:Director1 2023-01-01 2023-12-31 9772447 frs-countries:EnglandWales 2023-01-01 2023-12-31 9772447 2021-12-31 9772447 2022-12-31 9772447 2022-01-01 2022-12-31 9772447 frs-core:CurrentFinancialInstruments 2022-12-31 9772447 frs-core:ShareCapital 2022-12-31 9772447 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 9772447
L'E Marquis Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Inspire Accounting (UK) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 9772447
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 8,863 11,712
Tangible Assets 5 384,399 11,119
393,262 22,831
CURRENT ASSETS
Stocks 6 - 10,042
Debtors 7 275,880 525,589
Cash at bank and in hand 61,385 25,111
337,265 560,742
Creditors: Amounts Falling Due Within One Year 8 (604,330 ) (502,710 )
NET CURRENT ASSETS (LIABILITIES) (267,065 ) 58,032
TOTAL ASSETS LESS CURRENT LIABILITIES 126,197 80,863
NET ASSETS 126,197 80,863
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 126,196 80,862
SHAREHOLDERS' FUNDS 126,197 80,863
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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 Edward Marquis
Director
16/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
L'E Marquis Limited is a private company, limited by shares, incorporated in England & Wales, registered number 9772447 . The registered office is 13A Chiltern Court, Asheridge Road, Chesham, HP5 2PX.
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
Revenue is recognised to the extent that it is probable that the economic benefits will follow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taes. 
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. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are Website Development It is amortised to the profit and loss account over its estimated economic life of ten years.
2.5. 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:
Freehold No Depreciation
Plant & Machinery 25% per annum
Fixtures & Fittings 10% per annum
Computer Equipment 25% per annum
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
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4. Intangible Assets
Development Costs
£
Cost
As at 1 January 2023 49,206
As at 31 December 2023 49,206
Amortisation
As at 1 January 2023 37,494
Impairment losses 2,849
As at 31 December 2023 40,343
Net Book Value
As at 31 December 2023 8,863
As at 1 January 2023 11,712
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 - 4,948 14,804 2,788 22,540
Additions 375,000 - - - 375,000
As at 31 December 2023 375,000 4,948 14,804 2,788 397,540
Depreciation
As at 1 January 2023 - 4,890 4,137 2,394 11,421
Provided during the period - 58 1,480 182 1,720
As at 31 December 2023 - 4,948 5,617 2,576 13,141
Net Book Value
As at 31 December 2023 375,000 - 9,187 212 384,399
As at 1 January 2023 - 58 10,667 394 11,119
6. Stocks
2023 2022
£ £
Stock - 10,042
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7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 215,568 491,554
Prepayments and accrued income 56,463 30,830
VAT 3,849 3,205
275,880 525,589
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 14,399 5,351
Corporation tax 20,728 15,317
Other taxes and social security 1,171 -
Other creditors 324,865 452,862
Accruals and deferred income 10,380 4,641
Director's loan account 232,787 24,539
604,330 502,710
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
10. Related Party Transactions
At the year end the company owed the Director, £232,787 (2022 £24,539). The loan is interest free and repayable on demand.
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