Acorah Software Products - Accounts Production 16.0.110 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 12307200 Mr D Martin Mr D Martin true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12307200 2022-11-30 12307200 2023-11-30 12307200 2022-12-01 2023-11-30 12307200 frs-core:CurrentFinancialInstruments 2023-11-30 12307200 frs-core:Non-currentFinancialInstruments 2023-11-30 12307200 frs-core:FurnitureFittings 2023-11-30 12307200 frs-core:FurnitureFittings 2022-12-01 2023-11-30 12307200 frs-core:FurnitureFittings 2022-11-30 12307200 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 12307200 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 12307200 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 12307200 frs-core:ShareCapital 2023-11-30 12307200 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 12307200 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12307200 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 12307200 frs-bus:SmallEntities 2022-12-01 2023-11-30 12307200 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12307200 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 12307200 1 2022-12-01 2023-11-30 12307200 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-11-30 12307200 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-11-30 12307200 frs-bus:Director1 2022-12-01 2023-11-30 12307200 frs-countries:EnglandWales 2022-12-01 2023-11-30 12307200 2021-11-30 12307200 2022-11-30 12307200 2021-12-01 2022-11-30 12307200 frs-core:CurrentFinancialInstruments 2022-11-30 12307200 frs-core:Non-currentFinancialInstruments 2022-11-30 12307200 frs-core:ShareCapital 2022-11-30 12307200 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 12307200 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-11-30
Registered number: 12307200
Lekker Investments Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Passman Leonard Associates Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12307200
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,501,272 1,501,696
1,501,272 1,501,696
CURRENT ASSETS
Debtors 5 15,700 25,000
Cash at bank and in hand 24 3,239
15,724 28,239
Creditors: Amounts Falling Due Within One Year 6 (543,910 ) (544,403 )
NET CURRENT ASSETS (LIABILITIES) (528,186 ) (516,164 )
TOTAL ASSETS LESS CURRENT LIABILITIES 973,086 985,532
Creditors: Amounts Falling Due After More Than One Year 7 (959,226 ) (959,226 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,877 ) (11,877 )
NET ASSETS 1,983 14,429
CAPITAL AND RESERVES
Called up share capital 8 2 2
Fair value reserve 9 50,635 50,635
Profit and Loss Account (48,654 ) (36,208 )
SHAREHOLDERS' FUNDS 1,983 14,429
Page 1
Page 2
For the year ending 30 November 2023 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 his 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 D Martin
Director
20 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
Lekker Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12307200 . The registered office is Bentinck House, Bentinck Road, Middlesex, West Drayton, UB7 7RQ.
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. 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.
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.
2.4. 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 Not depreciated
Fixtures & Fittings 25% reducing balance
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost or Valuation
As at 1 December 2022 1,500,000 4,020 1,504,020
As at 30 November 2023 1,500,000 4,020 1,504,020
Depreciation
As at 1 December 2022 - 2,324 2,324
Provided during the period - 424 424
As at 30 November 2023 - 2,748 2,748
Net Book Value
As at 30 November 2023 1,500,000 1,272 1,501,272
As at 1 December 2022 1,500,000 1,696 1,501,696
The investment property was revalued as at 30 November 2023, on an open market basis, by the director of the company. The historical cost of the property included at a valuation of £1,500,000 (2022 - £1,500,000) was £1,437,488 (2022 - £1,437,488). 
5. Debtors
2023 2022
£ £
Due within one year
Amounts owed by associates 15,700 25,000
Included in amounts owed by associates is an amount of £15,700 (2022 - £25,000) by London Organic Day Nurseries Ltd, a company incorporated and registered in the United Kingdom in which Mr. D. Martin is a director.
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,311 2,964
Accruals and deferred income 1,200 1,140
Amounts owed to associates 538,399 540,299
543,910 544,403
Included in amounts owed to associates is an amount of £538,399 (2022 - £540,299) to The Original Maids of Honour Ltd, a company incorporated and registered in the United Kingdom in which Mr. D. Martin is a director.
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 959,226 959,226
The loan of £959,226 is secured against the property 286 Kew Road, Richmond, TW9 3DU
Page 4
Page 5
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
9. Reserves
Fair Value Reserve
£
As at 1 December 2022 50,635
As at 30 November 2023 50,635
10. Related Party Transactions
The company received £24,800 (2022 - £25,000) income in the year from London Organic Day Nurseries Ltd, a company incorporated and registered in the United Kingdom of which Mr Dean Martin is a director.
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr D Martin by virtue of his ownership of 100% of the issued share capital in the company.
Page 5