Acorah Software Products - Accounts Production 14.6.300 true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 13236001 Mr Neil Lilley Neil David Lilley true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13236001 2023-03-31 13236001 2024-03-31 13236001 2023-04-01 2024-03-31 13236001 frs-core:CurrentFinancialInstruments 2024-03-31 13236001 frs-core:MotorVehicles 2024-03-31 13236001 frs-core:MotorVehicles 2023-04-01 2024-03-31 13236001 frs-core:MotorVehicles 2023-03-31 13236001 frs-core:PlantMachinery 2024-03-31 13236001 frs-core:PlantMachinery 2023-04-01 2024-03-31 13236001 frs-core:PlantMachinery 2023-03-31 13236001 frs-core:ShareCapital 2024-03-31 13236001 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13236001 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13236001 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13236001 frs-bus:SmallEntities 2023-04-01 2024-03-31 13236001 frs-bus:EntityHasNeverTraded 2023-04-01 2024-03-31 13236001 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13236001 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13236001 1 2023-04-01 2024-03-31 13236001 frs-bus:Director1 2023-04-01 2024-03-31 13236001 frs-countries:EnglandWales 2023-04-01 2024-03-31 13236001 2022-03-31 13236001 2023-03-31 13236001 2022-04-01 2023-03-31 13236001 frs-core:CurrentFinancialInstruments 2023-03-31 13236001 frs-core:ShareCapital 2023-03-31 13236001 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13236001
Lord Smart Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Courtview Accounting Ltd
483 Green Lanes
London
N13 4BS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 13236001
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 57,089 52,719
57,089 52,719
CURRENT ASSETS
Cash at bank and in hand 1 1
1 1
Creditors: Amounts Falling Due Within One Year 5 (93,692 ) (70,292 )
NET CURRENT ASSETS (LIABILITIES) (93,691 ) (70,291 )
TOTAL ASSETS LESS CURRENT LIABILITIES (36,602 ) (17,572 )
NET LIABILITIES (36,602 ) (17,572 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (36,603 ) (17,573 )
SHAREHOLDERS' FUNDS (36,602) (17,572)
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 Neil Lilley
Director
07/11/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lord Smart Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13236001 . The registered office is 12 Salisbury Gardens Dudley Road, Ventnor, PO38 1EJ.
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. 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 25% on net book value
Motor Vehicles 25% on net book value
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2023 70,292 - 70,292
Additions 15,000 8,400 23,400
As at 31 March 2024 85,292 8,400 93,692
Depreciation
As at 1 April 2023 17,573 - 17,573
Provided during the period 16,930 2,100 19,030
As at 31 March 2024 34,503 2,100 36,603
Net Book Value
As at 31 March 2024 50,789 6,300 57,089
As at 1 April 2023 52,719 - 52,719
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Directors' loan accounts 93,692 70,292
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Ultimate Controlling Party
The company's ultimate controlling party is Neil David Lilley by virtue of his ownership of 100% of the issued share capital in the company.
Page 3