Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 07701833 Mr Josh Ajit Singh Arora iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07701833 2022-07-31 07701833 2023-07-31 07701833 2022-08-01 2023-07-31 07701833 frs-core:CurrentFinancialInstruments 2023-07-31 07701833 frs-core:ComputerEquipment 2023-07-31 07701833 frs-core:ComputerEquipment 2022-08-01 2023-07-31 07701833 frs-core:ComputerEquipment 2022-07-31 07701833 frs-core:ShareCapital 2023-07-31 07701833 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 07701833 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 07701833 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 07701833 frs-bus:SmallEntities 2022-08-01 2023-07-31 07701833 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 07701833 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 07701833 frs-bus:Director1 2022-08-01 2023-07-31 07701833 frs-countries:EnglandWales 2022-08-01 2023-07-31 07701833 2021-07-31 07701833 2022-07-31 07701833 2021-08-01 2022-07-31 07701833 frs-core:CurrentFinancialInstruments 2022-07-31 07701833 frs-core:ShareCapital 2022-07-31 07701833 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 07701833
London Building Procurement Ltd
Financial Statements
For The Year Ended 31 July 2023
SAWHNEY CONSULTING
C/O Sawhney Consulting Limited
429 - 433 Pinner Road
Harrow
HA1 4HN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07701833
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 439 879
439 879
CURRENT ASSETS
Debtors 5 325,957 744,535
Cash at bank and in hand 245 1,407
326,202 745,942
Creditors: Amounts Falling Due Within One Year 6 (224,998 ) (646,295 )
NET CURRENT ASSETS (LIABILITIES) 101,204 99,647
TOTAL ASSETS LESS CURRENT LIABILITIES 101,643 100,526
NET ASSETS 101,643 100,526
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 101,543 100,426
SHAREHOLDERS' FUNDS 101,643 100,526
For the year ending 31 July 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 Josh Ajit Singh Arora
Director
18 September 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
London Building Procurement Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07701833 . The registered office is Ground Floor, 5, Canberra Road, London, England, W13 9BF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer Equipment SLM 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2022: 7)
8 7
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2022 2,199
As at 31 July 2023 2,199
Depreciation
As at 1 August 2022 1,320
Provided during the period 440
As at 31 July 2023 1,760
Net Book Value
As at 31 July 2023 439
As at 1 August 2022 879
5. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 159,658 -
Other debtors 166,299 744,535
325,957 744,535
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 18,951 (676 )
Corporation tax 2,173 3,606
Other taxes and social security 1,304 4,659
VAT 5,957 8,047
Other creditors 196,613 630,659
224,998 646,295
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
8. Other information
LONDON BUILDING PROCUREMENT LTD is a private company limited by shares and incorporated in England. Its registered office is:
Ground Floor
5, Canberra Road, London, England, W13 9BF
Page 3