Acorah Software Products - Accounts Production 14.6.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09082275 Mr Richard Parsons iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09082275 2023-06-30 09082275 2024-06-30 09082275 2023-07-01 2024-06-30 09082275 frs-core:CurrentFinancialInstruments 2024-06-30 09082275 frs-core:Non-currentFinancialInstruments 2024-06-30 09082275 frs-core:ShareCapital 2024-06-30 09082275 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09082275 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09082275 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09082275 frs-bus:SmallEntities 2023-07-01 2024-06-30 09082275 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09082275 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09082275 frs-bus:Director1 2023-07-01 2024-06-30 09082275 frs-core:CurrentFinancialInstruments 1 2024-06-30 09082275 frs-core:CurrentFinancialInstruments 2 2024-06-30 09082275 frs-core:CurrentFinancialInstruments 7 2024-06-30 09082275 frs-core:CurrentFinancialInstruments 8 2024-06-30 09082275 frs-countries:EnglandWales 2023-07-01 2024-06-30 09082275 2022-06-30 09082275 2023-06-30 09082275 2022-07-01 2023-06-30 09082275 frs-core:CurrentFinancialInstruments 2023-06-30 09082275 frs-core:Non-currentFinancialInstruments 2023-06-30 09082275 frs-core:ShareCapital 2023-06-30 09082275 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 09082275 frs-core:CurrentFinancialInstruments 1 2023-06-30 09082275 frs-core:CurrentFinancialInstruments 2 2023-06-30 09082275 frs-core:CurrentFinancialInstruments 7 2023-06-30 09082275 frs-core:CurrentFinancialInstruments 8 2023-06-30
Registered number: 09082275
Loose Road Developments Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Total Accounting Kent Ltd.
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09082275
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 123,423 123,423
Debtors 5 649,721 650,000
Cash at bank and in hand 3,963 3,789
777,107 777,212
Creditors: Amounts Falling Due Within One Year 6 (811,796 ) (804,459 )
NET CURRENT ASSETS (LIABILITIES) (34,689 ) (27,247 )
TOTAL ASSETS LESS CURRENT LIABILITIES (34,689 ) (27,247 )
Creditors: Amounts Falling Due After More Than One Year 7 (36,833 ) (42,454 )
NET LIABILITIES (71,522 ) (69,701 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (71,524 ) (69,703 )
SHAREHOLDERS' FUNDS (71,522) (69,701)
Page 1
Page 2
For the year ending 30 June 2024 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 Richard Parsons
Director
30/09/2024
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
Loose Road Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09082275 . The registered office is C/O Total Accounting Kent Ltd, Innovation Centre Medway, Maidstone Road, Chatham, ME5 9FD.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 0
2024 2023
Office and administration 1 1
1 1
4. Stocks
2024 2023
£ £
Work in progress 123,423 123,423
5. Debtors
2024 2023
£ £
Due within one year
Other debtors (2) 649,721 650,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Other creditors (1) 584,024 576,687
Other creditors (7) 85,347 85,347
Other creditors (8) 136,938 136,938
Accruals and deferred income 540 540
Director's loan account 4,947 4,948
811,796 804,459
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 36,833 42,454
Page 3
Page 4
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4