Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10741501 Mrs Y G Lee Mrs Y G Lee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10741501 2023-04-30 10741501 2024-04-30 10741501 2023-05-01 2024-04-30 10741501 frs-core:CurrentFinancialInstruments 2024-04-30 10741501 frs-core:ComputerEquipment 2024-04-30 10741501 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10741501 frs-core:ComputerEquipment 2023-04-30 10741501 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 10741501 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10741501 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 10741501 frs-core:ShareCapital 2024-04-30 10741501 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10741501 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10741501 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10741501 frs-bus:SmallEntities 2023-05-01 2024-04-30 10741501 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10741501 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10741501 frs-bus:Director1 2023-05-01 2024-04-30 10741501 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 10741501 frs-countries:EnglandWales 2023-05-01 2024-04-30 10741501 2022-04-30 10741501 2023-04-30 10741501 2022-05-01 2023-04-30 10741501 frs-core:CurrentFinancialInstruments 2023-04-30 10741501 frs-core:ShareCapital 2023-04-30 10741501 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10741501
Li Property Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10741501
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 180,113 180,113
180,113 180,113
CURRENT ASSETS
Debtors 5 479 362
Cash at bank and in hand 3,151 2,982
3,630 3,344
Creditors: Amounts Falling Due Within One Year 6 (200,767 ) (200,708 )
NET CURRENT ASSETS (LIABILITIES) (197,137 ) (197,364 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,024 ) (17,251 )
NET LIABILITIES (17,024 ) (17,251 )
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account (17,034 ) (17,261 )
SHAREHOLDERS' FUNDS (17,024) (17,251)
Page 1
Page 2
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 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 Y G Lee
Director
15/10/2024
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
Li Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10741501 . The registered office is 16 Gilbert Way, Hailsham, BN27 3TW.
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:
Freehold N/A
Computer Equipment 25% per annum on a straight line basis
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 180,113 2,204 182,317
As at 30 April 2024 180,113 2,204 182,317
Depreciation
As at 1 May 2023 - 2,204 2,204
As at 30 April 2024 - 2,204 2,204
Net Book Value
As at 30 April 2024 180,113 - 180,113
As at 1 May 2023 180,113 - 180,113
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 479 362
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 186,885 186,885
Accruals and deferred income 12,137 12,598
Director's loan account 1,745 1,225
200,767 200,708
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
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