Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 7 January 2022 false 1 February 2023 31 January 2024 31 January 2024 13833743 Mr Chris Johnson Mrs Karen Johnson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13833743 2023-01-31 13833743 2024-01-31 13833743 2023-02-01 2024-01-31 13833743 frs-core:ComputerEquipment 2024-01-31 13833743 frs-core:ComputerEquipment 2023-02-01 2024-01-31 13833743 frs-core:ComputerEquipment 2023-01-31 13833743 frs-core:MotorVehicles 2024-01-31 13833743 frs-core:MotorVehicles 2023-02-01 2024-01-31 13833743 frs-core:MotorVehicles 2023-01-31 13833743 frs-core:ShareCapital 2024-01-31 13833743 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13833743 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13833743 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13833743 frs-bus:SmallEntities 2023-02-01 2024-01-31 13833743 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13833743 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13833743 frs-bus:Director1 2023-02-01 2024-01-31 13833743 frs-bus:Director2 2023-02-01 2024-01-31 13833743 frs-countries:EnglandWales 2023-02-01 2024-01-31 13833743 2022-01-06 13833743 2023-01-31 13833743 2022-01-07 2023-01-31 13833743 frs-core:CurrentFinancialInstruments 2023-01-31 13833743 frs-core:ShareCapital 2023-01-31 13833743 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13833743
LEAL Ltd
Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13833743
31 January 2024 31 January 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 97,517 104,857
97,517 104,857
CURRENT ASSETS
Debtors 5 17,548 11,414
Cash at bank and in hand 27,509 23,889
45,057 35,303
Creditors: Amounts Falling Due Within One Year 6 (17,185 ) (69,277 )
NET CURRENT ASSETS (LIABILITIES) 27,872 (33,974 )
TOTAL ASSETS LESS CURRENT LIABILITIES 125,389 70,883
NET ASSETS 125,389 70,883
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 125,289 70,783
SHAREHOLDERS' FUNDS 125,389 70,883
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For the year 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 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 Chris Johnson
Director
18th August 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
LEAL Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13833743 . The registered office is The Old Vicarage, Clough road, Gosberton Risegate, PE11 4JW.
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:
Motor Vehicles 7% Reducing balance
Computer Equipment 7% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 101,500 11,250 112,750
As at 31 January 2024 101,500 11,250 112,750
Depreciation
As at 1 February 2023 7,105 788 7,893
Provided during the period 6,608 732 7,340
As at 31 January 2024 13,713 1,520 15,233
Net Book Value
As at 31 January 2024 87,787 9,730 97,517
As at 1 February 2023 94,395 10,462 104,857
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5. Debtors
31 January 2024 31 January 2023
£ £
Due within one year
Trade debtors - 11,414
Other debtors 17,548 -
17,548 11,414
6. Creditors: Amounts Falling Due Within One Year
31 January 2024 31 January 2023
£ £
Trade creditors - 183
Other creditors 17,185 69,094
17,185 69,277
7. Share Capital
31 January 2024 31 January 2023
£ £
Allotted, Called up and fully paid 100 100
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