Acorah Software Products - Accounts Production 15.0.600 false true false 17 January 2023 31 January 2024 31 January 2024 14598418 Mrs Sarah Ward Mrs Sarah Ward iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14598418 2023-01-16 14598418 2024-01-31 14598418 2023-01-17 2024-01-31 14598418 frs-core:CurrentFinancialInstruments 2024-01-31 14598418 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 14598418 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-17 2024-01-31 14598418 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-16 14598418 frs-core:PlantMachinery 2024-01-31 14598418 frs-core:PlantMachinery 2023-01-17 2024-01-31 14598418 frs-core:PlantMachinery 2023-01-16 14598418 frs-core:ShareCapital 2024-01-31 14598418 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 14598418 frs-bus:PrivateLimitedCompanyLtd 2023-01-17 2024-01-31 14598418 frs-bus:FilletedAccounts 2023-01-17 2024-01-31 14598418 frs-bus:SmallEntities 2023-01-17 2024-01-31 14598418 frs-bus:AuditExempt-NoAccountantsReport 2023-01-17 2024-01-31 14598418 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-17 2024-01-31 14598418 frs-bus:Director1 2023-01-17 2024-01-31 14598418 frs-bus:CompanySecretary1 2023-01-17 2024-01-31 14598418 frs-countries:EnglandWales 2023-01-17 2024-01-31
Registered number: 14598418
Lyme Time Travellers Ltd
Unaudited Financial Statements
For the Period 17 January 2023 to 31 January 2024
Bowes Brooks Accountants
16C Millwey Avenue
Axminster
Devon
EX13 5HU
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14598418
31 January 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 10,117
10,117
CURRENT ASSETS
Debtors 5 3,917
Cash at bank and in hand 177
4,094
Creditors: Amounts Falling Due Within One Year 6 (93,854 )
NET CURRENT ASSETS (LIABILITIES) (89,760 )
TOTAL ASSETS LESS CURRENT LIABILITIES (79,643 )
NET LIABILITIES (79,643 )
CAPITAL AND RESERVES
Called up share capital 7 5
Profit and Loss Account (79,648 )
SHAREHOLDERS' FUNDS (79,643)
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 member has 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
Mrs Sarah Ward
Director
10/09/2024
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
Lyme Time Travellers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14598418 . The registered office is 16c Weycroft Avenue, Millwey Rise Industrial Estate, Axminster, EX13 5HU.
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.
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 0%
Plant & Machinery 20% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 17 January 2023 - - -
Additions 6,283 4,792 11,075
As at 31 January 2024 6,283 4,792 11,075
Depreciation
As at 17 January 2023 - - -
Provided during the period - 958 958
As at 31 January 2024 - 958 958
Net Book Value
As at 31 January 2024 6,283 3,834 10,117
As at 17 January 2023 - - -
Page 2
Page 3
5. Debtors
31 January 2024
£
Due within one year
Other debtors 3,917
6. Creditors: Amounts Falling Due Within One Year
31 January 2024
£
Trade creditors 2,987
Other creditors 90,451
Taxation and social security 416
93,854
7. Share Capital
31 January 2024
£
Allotted, Called up and fully paid 5
Page 3