Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08037587 Mr Alexander Aldridge Smith Mr Alexander Aldridge Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08037587 2023-04-30 08037587 2024-04-30 08037587 2023-05-01 2024-04-30 08037587 frs-core:CurrentFinancialInstruments 2024-04-30 08037587 frs-core:ComputerEquipment 2024-04-30 08037587 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08037587 frs-core:ComputerEquipment 2023-04-30 08037587 frs-core:FurnitureFittings 2024-04-30 08037587 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08037587 frs-core:FurnitureFittings 2023-04-30 08037587 frs-core:ShareCapital 2024-04-30 08037587 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08037587 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08037587 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08037587 frs-bus:SmallEntities 2023-05-01 2024-04-30 08037587 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08037587 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08037587 frs-bus:Director1 2023-05-01 2024-04-30 08037587 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 08037587 frs-countries:EnglandWales 2023-05-01 2024-04-30 08037587 2022-04-30 08037587 2023-04-30 08037587 2022-05-01 2023-04-30 08037587 frs-core:CurrentFinancialInstruments 2023-04-30 08037587 frs-core:ShareCapital 2023-04-30 08037587 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08037587
Legal Cheek Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08037587
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,307 -
1,307 -
CURRENT ASSETS
Debtors 5 311,907 426,674
Cash at bank and in hand 202,344 150,526
514,251 577,200
Creditors: Amounts Falling Due Within One Year 6 (373,922 ) (517,614 )
NET CURRENT ASSETS (LIABILITIES) 140,329 59,586
TOTAL ASSETS LESS CURRENT LIABILITIES 141,636 59,586
NET ASSETS 141,636 59,586
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 141,635 59,585
SHAREHOLDERS' FUNDS 141,636 59,586
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For the year ending 30 April 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 Alexander Aldridge Smith
Director
12th October 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Legal Cheek Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08037587 . The registered office is Unit 11 Excel Building, 6-16 Arbutus Street, London, E8 4DT.
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:
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 4)
5 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 5,958 - 5,958
Additions - 1,745 1,745
As at 30 April 2024 5,958 1,745 7,703
Depreciation
As at 1 May 2023 5,958 - 5,958
Provided during the period - 438 438
As at 30 April 2024 5,958 438 6,396
Net Book Value
As at 30 April 2024 - 1,307 1,307
As at 1 May 2023 - - -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 152,497 117,612
Prepayments and accrued income 1,865 -
Amounts owed by associates 157,545 309,062
311,907 426,674
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,860 399
Bank loans and overdrafts 261 187
Corporation tax 127,572 140,493
VAT 43,193 60,821
Other creditors 549 491
Accruals and deferred income 188,978 62,016
Director's loan account 6,509 253,207
373,922 517,614
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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8. Related Party Transactions
Kadna LimitedAssociated companyIncluded in debtors, amounts falling due within one year, is an inter-company loan of £157,500 (2023 - £208,550). This comprises a loan of £157,500 per formal loan agreement repayable on demand.

Kadna Limited

Associated company

Included in debtors, amounts falling due within one year, is an inter-company loan of £157,500 (2023 - £208,550). This comprises a loan of £157,500 per formal loan agreement repayable on demand.

Future Lawyers LimitedAssociated companyIncluded in debtors, amounts falling due within one year, is an inter-company loan of £45 (2023 - £100,512). Trade creditors include £4,664 (2023 - £0)

Future Lawyers Limited

Associated company

Included in debtors, amounts falling due within one year, is an inter-company loan of £45 (2023 - £100,512). Trade creditors include £4,664 (2023 - £0)

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