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 10685106 Mr H A Bonas Mrs K H Bonas Mr H P Bond Mr I R Bond iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10685106 2022-12-31 10685106 2023-12-31 10685106 2023-01-01 2023-12-31 10685106 frs-core:CurrentFinancialInstruments 2023-12-31 10685106 frs-core:Non-currentFinancialInstruments 2023-12-31 10685106 frs-core:ComputerEquipment 2023-12-31 10685106 frs-core:ComputerEquipment 2023-01-01 2023-12-31 10685106 frs-core:ComputerEquipment 2022-12-31 10685106 frs-core:FurnitureFittings 2023-12-31 10685106 frs-core:FurnitureFittings 2023-01-01 2023-12-31 10685106 frs-core:FurnitureFittings 2022-12-31 10685106 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 10685106 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 10685106 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 10685106 frs-core:ShareCapital 2023-12-31 10685106 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10685106 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10685106 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10685106 frs-bus:SmallEntities 2023-01-01 2023-12-31 10685106 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10685106 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10685106 frs-bus:Director1 2023-01-01 2023-12-31 10685106 frs-bus:Director2 2023-01-01 2023-12-31 10685106 frs-bus:Director3 2023-01-01 2023-12-31 10685106 frs-bus:Director4 2023-01-01 2023-12-31 10685106 frs-core:CurrentFinancialInstruments 2 2023-12-31 10685106 frs-countries:EnglandWales 2023-01-01 2023-12-31 10685106 2021-12-31 10685106 2022-12-31 10685106 2022-01-01 2022-12-31 10685106 frs-core:CurrentFinancialInstruments 2022-12-31 10685106 frs-core:Non-currentFinancialInstruments 2022-12-31 10685106 frs-core:ShareCapital 2022-12-31 10685106 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 10685106 frs-core:CurrentFinancialInstruments 1 2022-12-31 10685106 frs-core:CurrentFinancialInstruments 2 2022-12-31
Registered number: 10685106
Lapstone Barn Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10685106
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 202,856 275,469
202,856 275,469
CURRENT ASSETS
Debtors 5 162,051 104,599
Cash at bank and in hand 292,812 109,396
454,863 213,995
Creditors: Amounts Falling Due Within One Year 6 (765,491 ) (597,286 )
NET CURRENT ASSETS (LIABILITIES) (310,628 ) (383,291 )
TOTAL ASSETS LESS CURRENT LIABILITIES (107,772 ) (107,822 )
Creditors: Amounts Falling Due After More Than One Year 7 (15,300 ) (25,195 )
NET LIABILITIES (123,072 ) (133,017 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (123,172 ) (133,117 )
SHAREHOLDERS' FUNDS (123,072) (133,017)
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.
On behalf of the board
Mr H A Bonas
Director
31 July 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
Lapstone Barn Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10685106 . The registered office is Lapstone Barn, Westington Hill, Chipping Campden, GL55 6UR.
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. 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:
Leasehold 10% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 20% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2022: 10)
10 10
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 353,638 193,417 21,740 568,795
Additions - - 2,983 2,983
As at 31 December 2023 353,638 193,417 24,723 571,778
Depreciation
As at 1 January 2023 174,395 103,748 15,183 293,326
Provided during the period 34,149 38,237 3,210 75,596
As at 31 December 2023 208,544 141,985 18,393 368,922
Net Book Value
As at 31 December 2023 145,094 51,432 6,330 202,856
As at 1 January 2023 179,243 89,669 6,557 275,469
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 503 2,724
Prepayments and accrued income 9,698 9,100
Other debtors 2,278 837
Section 455 Corporation tax - 13,739
Other loan debtors 149,034 77,236
VAT 538 -
Other taxes and social security - 963
162,051 104,599
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 59,469 74,281
Bank loans and overdrafts 9,646 9,646
Other taxes and social security 9,680 -
Other creditors and accruals 11,324 5,036
Deferred income and deposits 675,372 508,323
765,491 597,286
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 15,300 25,195
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4