Acorah Software Products - Accounts Production 15.0.600 false true false 24 January 2023 31 January 2024 31 January 2024 SC756327 Miss Lorraine Millar Miss Lorraine Millar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC756327 2023-01-23 SC756327 2024-01-31 SC756327 2023-01-24 2024-01-31 SC756327 frs-core:CurrentFinancialInstruments 2024-01-31 SC756327 frs-core:ShareCapital 2024-01-31 SC756327 frs-bus:PrivateLimitedCompanyLtd 2023-01-24 2024-01-31 SC756327 frs-bus:FilletedAccounts 2023-01-24 2024-01-31 SC756327 frs-bus:SmallEntities 2023-01-24 2024-01-31 SC756327 frs-bus:AuditExempt-NoAccountantsReport 2023-01-24 2024-01-31 SC756327 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-24 2024-01-31 SC756327 frs-bus:Director1 2023-01-24 2024-01-31 SC756327 frs-bus:CompanySecretary1 2023-01-24 2024-01-31 SC756327 frs-countries:Scotland 2023-01-24 2024-01-31
Registered number: SC756327
Lothian Stores Online Ltd
Unaudited Financial Statements
For the Period 24 January 2023 to 31 January 2024
Paterson Accountancy Ltd
29 Academy Place
Bathgate
EH48 1AS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: SC756327
31 January 2024
Notes £ £
CURRENT ASSETS
Debtors 4 1
1
NET CURRENT ASSETS (LIABILITIES) 1
TOTAL ASSETS LESS CURRENT LIABILITIES 1
NET ASSETS 1
CAPITAL AND RESERVES
Called up share capital 5 1
SHAREHOLDERS' FUNDS 1
For the period ending 31 January 2024 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 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
Miss Lorraine Millar
Director
02/10/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Lothian Stores Online Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC756327 . The registered office is Jellyholm Filter Station, Gartmorn Dam, Alloa, Clackmannanshire, FK10 3AZ.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Debtors
31 January 2024
£
Due within one year
Other debtors 1
5. Share Capital
31 January 2024
£
Called Up Share Capital not Paid 1
Amount of Allotted, Called Up Share Capital 1
Page 2