Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 05426556 Miss Jennifer Cheesman Mr Denis Bennett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05426556 2023-01-31 05426556 2024-01-31 05426556 2023-02-01 2024-01-31 05426556 frs-core:CurrentFinancialInstruments 2024-01-31 05426556 frs-core:ComputerEquipment 2024-01-31 05426556 frs-core:ComputerEquipment 2023-02-01 2024-01-31 05426556 frs-core:ComputerEquipment 2023-01-31 05426556 frs-core:ShareCapital 2024-01-31 05426556 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 05426556 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05426556 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 05426556 frs-bus:SmallEntities 2023-02-01 2024-01-31 05426556 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 05426556 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 05426556 frs-core:DeferredTaxation 2023-02-01 2024-01-31 05426556 frs-core:DeferredTaxation 2023-01-31 05426556 frs-core:DeferredTaxation 2024-01-31 05426556 frs-bus:Director1 2023-02-01 2024-01-31 05426556 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 05426556 frs-countries:EnglandWales 2023-02-01 2024-01-31 05426556 2022-01-31 05426556 2023-01-31 05426556 2022-02-01 2023-01-31 05426556 frs-core:CurrentFinancialInstruments 2023-01-31 05426556 frs-core:ShareCapital 2023-01-31 05426556 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 05426556
Lapland Scove Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
DEB Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05426556
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,185 1,580
1,185 1,580
CURRENT ASSETS
Debtors 5 24,182 34,860
Cash at bank and in hand 899 1,811
25,081 36,671
Creditors: Amounts Falling Due Within One Year 6 (8,839 ) (9,988 )
NET CURRENT ASSETS (LIABILITIES) 16,242 26,683
TOTAL ASSETS LESS CURRENT LIABILITIES 17,427 28,263
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (225 ) (300 )
NET ASSETS 17,202 27,963
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 17,201 27,962
SHAREHOLDERS' FUNDS 17,202 27,963
Page 1
Page 2
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 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
Miss Jennifer Cheesman
Director
16/10/2024
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
Lapland Scove Limited Registered number 05426556 is a limited by shares company incorporated in England & Wales. The Registered Office is 19 Middlewoods Way, Carlton, Barnsley, South Yorkshire, S71 3HR.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Office Equipment 25% reducing balance
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Office Equipment
£
Cost
As at 1 February 2023 15,881
As at 31 January 2024 15,881
Depreciation
As at 1 February 2023 14,301
Provided during the period 395
As at 31 January 2024 14,696
Net Book Value
As at 31 January 2024 1,185
As at 1 February 2023 1,580
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 24,013 34,685
Prepayments and accrued income 169 175
24,182 34,860
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 510 3,080
Wages creditor 758 758
Accruals and deferred income 118 -
Director's loan account 7,453 6,150
8,839 9,988
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 225 300
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 February 2023 300 300
Reversals (75 ) (75)
Balance at 31 January 2024 225 225
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Miss Jennifer Cheesman 12,500 26,000
11. Related Party Transactions
The company is controlled by Ms J Cheesman, director & shareholder of the company.
The balance on the director’s loan account of Ms J Cheesman at 31st Jan 2024 was £7,453 (2023 -  £6,150) due from the company.
Page 4