Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 SC723411 Mr Paul Cummins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC723411 2023-02-28 SC723411 2024-02-29 SC723411 2023-03-01 2024-02-29 SC723411 frs-core:ComputerEquipment 2024-02-29 SC723411 frs-core:ComputerEquipment 2023-03-01 2024-02-29 SC723411 frs-core:ComputerEquipment 2023-02-28 SC723411 frs-core:ShareCapital 2024-02-29 SC723411 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC723411 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC723411 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 SC723411 frs-bus:SmallEntities 2023-03-01 2024-02-29 SC723411 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC723411 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC723411 frs-bus:Director1 2023-03-01 2024-02-29 SC723411 frs-countries:Scotland 2023-03-01 2024-02-29 SC723411 2022-02-28 SC723411 2023-02-28 SC723411 2022-03-01 2023-02-28 SC723411 frs-core:ShareCapital 2023-02-28 SC723411 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: SC723411
Love Life Sourcing Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC723411
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 179
- 179
CURRENT ASSETS
Debtors 5 950 9,040
Cash at bank and in hand - 15
950 9,055
Creditors: Amounts Falling Due Within One Year 6 (850 ) (900 )
NET CURRENT ASSETS (LIABILITIES) 100 8,155
TOTAL ASSETS LESS CURRENT LIABILITIES 100 8,334
NET ASSETS 100 8,334
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account - 8,234
SHAREHOLDERS' FUNDS 100 8,334
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 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 Paul Cummins
Director
26th September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Love Life Sourcing Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC723411 . The registered office is Love Life Properties Ltd Hill Of Brathens , Glassel, Banchory, AB31 4BW.
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 providing property sourcing services and is recognised on contract completion.
2.3. 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:
Computer Equipment Straight line over 3 years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 March 2023 269
Disposals (269 )
As at 29 February 2024 -
Depreciation
As at 1 March 2023 90
Provided during the period 89
Disposals (179 )
As at 29 February 2024 -
Net Book Value
As at 29 February 2024 -
As at 1 March 2023 179
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 950 9,040
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 850 900
Page 4