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 11759658 Mrs Antula - Maria Cita Mr Cosmin Ionut Cita iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11759658 2023-01-31 11759658 2024-01-31 11759658 2023-02-01 2024-01-31 11759658 frs-core:CurrentFinancialInstruments 2024-01-31 11759658 frs-core:Non-currentFinancialInstruments 2024-01-31 11759658 frs-core:PlantMachinery 2024-01-31 11759658 frs-core:PlantMachinery 2023-02-01 2024-01-31 11759658 frs-core:PlantMachinery 2023-01-31 11759658 frs-core:ShareCapital 2024-01-31 11759658 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11759658 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11759658 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11759658 frs-bus:SmallEntities 2023-02-01 2024-01-31 11759658 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11759658 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11759658 frs-bus:Director1 2023-02-01 2024-01-31 11759658 frs-bus:Director2 2023-02-01 2024-01-31 11759658 frs-countries:EnglandWales 2023-02-01 2024-01-31 11759658 2022-01-31 11759658 2023-01-31 11759658 2022-02-01 2023-01-31 11759658 frs-core:CurrentFinancialInstruments 2023-01-31 11759658 frs-core:Non-currentFinancialInstruments 2023-01-31 11759658 frs-core:ShareCapital 2023-01-31 11759658 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11759658
L.A.C. HARLOW LTD
Unaudited 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: 11759658
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 928 -
928 -
CURRENT ASSETS
Stocks 5 29,876 -
Debtors 6 3,285 19,955
Cash at bank and in hand 5,563 16,975
38,724 36,930
Creditors: Amounts Falling Due Within One Year 7 (54,696 ) (18,837 )
NET CURRENT ASSETS (LIABILITIES) (15,972 ) 18,093
TOTAL ASSETS LESS CURRENT LIABILITIES (15,044 ) 18,093
Creditors: Amounts Falling Due After More Than One Year 8 (30,349 ) (33,384 )
NET LIABILITIES (45,393 ) (15,291 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (45,493 ) (15,391 )
SHAREHOLDERS' FUNDS (45,393) (15,291)
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 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
Mrs Antula - Maria Cita
Director
31/10/2024
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
L.A.C. HARLOW LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11759658 . The registered office is 1 BROAD WALK, HARLOW, CM20 1HX.
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:
Plant & Machinery Straight line 33.33%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 6)
2 6
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 February 2023 -
Additions 975
As at 31 January 2024 975
Depreciation
As at 1 February 2023 -
Provided during the period 47
As at 31 January 2024 47
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2024 928
As at 1 February 2023 -
5. Stocks
2024 2023
£ £
Stock 29,876 -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,722 -
Other debtors 563 -
3,285 -
Due after more than one year
Net wages - 19,955
3,285 19,955
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Other taxes and social security 1,911 6,644
VAT 2,982 12,192
Net wages 4,217 -
Directors' loan accounts 45,585 -
54,696 18,837
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Trade creditors 6,182 -
Bank loans 24,167 33,384
30,349 33,384
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4