Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 2 February 2022 false 1 March 2023 29 February 2024 29 February 2024 13887551 Mr BABATOMIDE ADUROJA Mr TOPE DANIEL Mr FOLARIN ODEYEMI Mr RICHARD OSHIPITAN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13887551 2023-02-28 13887551 2024-02-29 13887551 2023-03-01 2024-02-29 13887551 frs-core:Non-currentFinancialInstruments 2024-02-29 13887551 frs-core:ShareCapital 2024-02-29 13887551 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13887551 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13887551 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13887551 frs-bus:SmallEntities 2023-03-01 2024-02-29 13887551 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13887551 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13887551 frs-bus:Director1 2023-03-01 2024-02-29 13887551 frs-bus:Director2 2023-03-01 2024-02-29 13887551 frs-bus:Director3 2023-03-01 2024-02-29 13887551 frs-bus:Director4 2023-03-01 2024-02-29 13887551 frs-countries:EnglandWales 2023-03-01 2024-02-29 13887551 2022-02-01 13887551 2023-02-28 13887551 2022-02-02 2023-02-28 13887551 frs-core:Non-currentFinancialInstruments 2023-02-28 13887551 frs-core:ShareCapital 2023-02-28 13887551 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13887551
LAGCLOUD SOLUTIONS LIMITED
Unaudited Financial Statements
For The Year Ended 29 February 2024
cpl consulting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 13887551
29 February 2024 28 February 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 2,161 10,973
2,161 10,973
NET CURRENT ASSETS (LIABILITIES) 2,161 10,973
TOTAL ASSETS LESS CURRENT LIABILITIES 2,161 10,973
Creditors: Amounts Falling Due After More Than One Year 4 (21,044 ) (16,244 )
NET LIABILITIES (18,883 ) (5,271 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (18,983 ) (5,371 )
SHAREHOLDERS' FUNDS (18,883) (5,271)
Page 1
Page 2
For the year ending 29 February 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 BABATOMIDE ADUROJA
Director
Mr TOPE DANIEL
Director
Mr FOLARIN ODEYEMI
Director
Mr RICHARD OSHIPITAN
Director
09/11/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
LAGCLOUD SOLUTIONS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13887551 . The registered office is 63/66 HATTON GARDEN FIFTH FLOOR, , SUITE 23, LONDON, EC1N 8LE.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Creditors: Amounts Falling Due After More Than One Year
29 February 2024 28 February 2023
£ £
Directors loan account 21,044 16,244
5. Share Capital
29 February 2024 28 February 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3