Acorah Software Products - Accounts Production 16.0.110 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09507072 Mr C L Rostock Mrs J Rostock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09507072 2023-03-31 09507072 2024-03-31 09507072 2023-04-01 2024-03-31 09507072 frs-core:CurrentFinancialInstruments 2024-03-31 09507072 frs-core:Non-currentFinancialInstruments 2024-03-31 09507072 frs-core:FurnitureFittings 2024-03-31 09507072 frs-core:FurnitureFittings 2023-04-01 2024-03-31 09507072 frs-core:FurnitureFittings 2023-03-31 09507072 frs-core:MotorVehicles 2024-03-31 09507072 frs-core:MotorVehicles 2023-04-01 2024-03-31 09507072 frs-core:MotorVehicles 2023-03-31 09507072 frs-core:PlantMachinery 2024-03-31 09507072 frs-core:PlantMachinery 2023-04-01 2024-03-31 09507072 frs-core:PlantMachinery 2023-03-31 09507072 frs-core:ShareCapital 2024-03-31 09507072 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09507072 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09507072 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09507072 frs-bus:SmallEntities 2023-04-01 2024-03-31 09507072 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09507072 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09507072 frs-bus:Director1 2023-04-01 2024-03-31 09507072 frs-bus:Director2 2023-04-01 2024-03-31 09507072 frs-countries:EnglandWales 2023-04-01 2024-03-31 09507072 2022-03-31 09507072 2023-03-31 09507072 2022-04-01 2023-03-31 09507072 frs-core:CurrentFinancialInstruments 2023-03-31 09507072 frs-core:Non-currentFinancialInstruments 2023-03-31 09507072 frs-core:ShareCapital 2023-03-31 09507072 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09507072
Leachate Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09507072
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,501 20,526
Investments 5,500 5,500
27,001 26,026
CURRENT ASSETS
Stocks 5 30,325 32,251
Debtors 6 63,533 39,449
Cash at bank and in hand 88,142 202,255
182,000 273,955
Creditors: Amounts Falling Due Within One Year 7 (86,784 ) (158,036 )
NET CURRENT ASSETS (LIABILITIES) 95,216 115,919
TOTAL ASSETS LESS CURRENT LIABILITIES 122,217 141,945
Creditors: Amounts Falling Due After More Than One Year 8 (9,923 ) (17,333 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (2,365 )
NET ASSETS 112,294 122,247
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 112,292 122,245
SHAREHOLDERS' FUNDS 112,294 122,247
Page 1
Page 2
For the year ending 31 March 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
Mr C L Rostock
Director
11 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Leachate Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09507072 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
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.
2.4. Tangible Fixed Assets and Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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 and machinery 33% Straight line
Motor vehicles 33% Straight line
Fixtures and fittings 15% Reducing balance
2.5. 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.
2.6. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
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4. Tangible Assets
Plant and machinery Motor vehicles Fixtures and fittings Total
£ £ £ £
Cost
As at 1 April 2023 22,163 25,975 1,527 49,665
Additions 9,650 6,695 836 17,181
Disposals (1,116 ) (4,980 ) - (6,096 )
As at 31 March 2024 30,697 27,690 2,363 60,750
Depreciation
As at 1 April 2023 15,570 12,532 1,037 29,139
Provided during the period 4,950 7,534 199 12,683
Disposals (930 ) (1,643 ) - (2,573 )
As at 31 March 2024 19,590 18,423 1,236 39,249
Net Book Value
As at 31 March 2024 11,107 9,267 1,127 21,501
As at 1 April 2023 6,593 13,443 490 20,526
5. Stocks
2024 2023
£ £
Work in progress 30,325 32,251
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 54,891 31,618
Other debtors 8,642 7,831
63,533 39,449
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 36,642 15,336
Bank loans and overdrafts 8,000 8,000
Corporation tax - 18,173
Other taxes and social security 116 -
VAT 7,433 22,775
Other creditors 30 30
Accruals and deferred income 1,820 1,700
Directors' loan accounts 32,743 92,022
86,784 158,036
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Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,923 17,333
The NatWest Bounce Back loan is 100% secured by the government and no charge over the assets of the company.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Directors Advances, Credits and Guarantees
No director received advances, credits or guarantees during the current or previous accounting periods.
11. Related Party Transactions
The following related party transactions were undertaken during the year:
Director's withdrew amounts totalling £70,364 (2023: £42,297) and introduced amounts totalling £11,085 (2023: £87,758). At the balance sheet date the amount payable was £32,743 (2023: £92,022).
During the period dividends were paid to directors in respect of shareholdings totalling £2,000 (2023: £43,000).
The aggregate remuneration paid to key management personnel for the year was £47,829 (2023: £42,836).
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'
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