Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 02347819 Mrs Amanda Wilson Mr Lee Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02347819 2023-03-31 02347819 2024-03-31 02347819 2023-04-01 2024-03-31 02347819 frs-core:CurrentFinancialInstruments 2024-03-31 02347819 frs-core:Non-currentFinancialInstruments 2024-03-31 02347819 frs-core:NetGoodwill 2024-03-31 02347819 frs-core:NetGoodwill 2023-04-01 2024-03-31 02347819 frs-core:NetGoodwill 2023-03-31 02347819 frs-core:MotorVehicles 2024-03-31 02347819 frs-core:MotorVehicles 2023-04-01 2024-03-31 02347819 frs-core:MotorVehicles 2023-03-31 02347819 frs-core:PlantMachinery 2024-03-31 02347819 frs-core:PlantMachinery 2023-04-01 2024-03-31 02347819 frs-core:PlantMachinery 2023-03-31 02347819 frs-core:SharePremium 2024-03-31 02347819 frs-core:ShareCapital 2024-03-31 02347819 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 02347819 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02347819 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 02347819 frs-bus:SmallEntities 2023-04-01 2024-03-31 02347819 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02347819 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 02347819 frs-bus:Director1 2023-04-01 2024-03-31 02347819 frs-bus:Director2 2023-04-01 2024-03-31 02347819 frs-countries:EnglandWales 2023-04-01 2024-03-31 02347819 2022-03-31 02347819 2023-03-31 02347819 2022-04-01 2023-03-31 02347819 frs-core:CurrentFinancialInstruments 2023-03-31 02347819 frs-core:Non-currentFinancialInstruments 2023-03-31 02347819 frs-core:SharePremium 2023-03-31 02347819 frs-core:ShareCapital 2023-03-31 02347819 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 02347819
L.A. Maintenance Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02347819
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 5,171 3,197
5,171 3,197
CURRENT ASSETS
Stocks 6 3,000 3,000
Debtors 7 446,338 604,857
Cash at bank and in hand 120,483 319,171
569,821 927,028
Creditors: Amounts Falling Due Within One Year 8 (282,346 ) (392,376 )
NET CURRENT ASSETS (LIABILITIES) 287,475 534,652
TOTAL ASSETS LESS CURRENT LIABILITIES 292,646 537,849
Creditors: Amounts Falling Due After More Than One Year 9 (30,648 ) (35,657 )
NET ASSETS 261,998 502,192
CAPITAL AND RESERVES
Called up share capital 10 151 150
Share premium account 99,952 99,952
Profit and Loss Account 161,895 402,090
SHAREHOLDERS' FUNDS 261,998 502,192
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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
Mrs Amanda Wilson
Director
Mr Lee Wilson
Director
29 October 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
L.A. Maintenance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02347819 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
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, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and 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 30% Straight line
Motor Vehicles 25% Straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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.
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2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
2.9. 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.
2.10. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 21 (2023: 20)
21 20
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4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 100,000
As at 31 March 2024 100,000
Amortisation
As at 1 April 2023 100,000
As at 31 March 2024 100,000
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2023 121,624 13,779 135,403
Additions 4,401 - 4,401
As at 31 March 2024 126,025 13,779 139,804
Depreciation
As at 1 April 2023 118,427 13,779 132,206
Provided during the period 2,427 - 2,427
As at 31 March 2024 120,854 13,779 134,633
Net Book Value
As at 31 March 2024 5,171 - 5,171
As at 1 April 2023 3,197 - 3,197
6. Stocks
2024 2023
£ £
Finished goods 3,000 3,000
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7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 316,862 534,640
Other debtors 129,476 70,217
446,338 604,857
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 101,807 146,380
Bank loans and overdrafts 5,000 5,556
Other creditors 112,527 40,702
Taxation and social security 63,012 199,738
282,346 392,376
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 30,648 35,657
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 151 150
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