Acorah Software Products - Accounts Production 16.0.110 false true true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 06827050 Miss Sonya Peacock Mr John Geden iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06827050 2023-02-28 06827050 2024-02-28 06827050 2023-03-01 2024-02-28 06827050 frs-core:CurrentFinancialInstruments 2024-02-28 06827050 frs-core:Non-currentFinancialInstruments 2024-02-28 06827050 frs-core:ComputerEquipment 2024-02-28 06827050 frs-core:ComputerEquipment 2023-03-01 2024-02-28 06827050 frs-core:ComputerEquipment 2023-02-28 06827050 frs-core:FurnitureFittings 2024-02-28 06827050 frs-core:FurnitureFittings 2023-03-01 2024-02-28 06827050 frs-core:FurnitureFittings 2023-02-28 06827050 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-28 06827050 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 06827050 frs-core:MotorVehicles 2023-03-01 2024-02-28 06827050 frs-core:PlantMachinery 2024-02-28 06827050 frs-core:PlantMachinery 2023-03-01 2024-02-28 06827050 frs-core:PlantMachinery 2023-02-28 06827050 frs-core:ShareCapital 2024-02-28 06827050 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 06827050 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 06827050 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 06827050 frs-bus:SmallEntities 2023-03-01 2024-02-28 06827050 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 06827050 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 06827050 frs-bus:Director1 2023-03-01 2024-02-28 06827050 frs-bus:Director2 2023-03-01 2024-02-28 06827050 frs-countries:EnglandWales 2023-03-01 2024-02-28 06827050 2022-02-28 06827050 2023-02-28 06827050 2022-03-01 2023-02-28 06827050 frs-core:CurrentFinancialInstruments 2023-02-28 06827050 frs-core:Non-currentFinancialInstruments 2023-02-28 06827050 frs-core:ShareCapital 2023-02-28 06827050 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 06827050
Loveurhouse Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06827050
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 29,395 28,475
Cash at bank and in hand 14,969 16,681
44,364 45,156
Creditors: Amounts Falling Due Within One Year 6 (7,648 ) (7,406 )
NET CURRENT ASSETS (LIABILITIES) 36,716 37,750
TOTAL ASSETS LESS CURRENT LIABILITIES 36,716 37,750
Creditors: Amounts Falling Due After More Than One Year 7 (102,315 ) (101,616 )
NET LIABILITIES (65,599 ) (63,866 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (65,601 ) (63,868 )
SHAREHOLDERS' FUNDS (65,599) (63,866)
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Page 2
For the year ending 28 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 John Geden
Director
21 November 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
Loveurhouse Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06827050 . The registered office is 21 South Green Drive, Stratford-Upon-Avon, Warwickshire, CV37 9HR.
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 identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
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 N/A
Leasehold N/A
Plant & Machinery 25% SLM
Motor Vehicles N/A
Fixtures & Fittings N/A
Computer Equipment 25% SLM
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2023 2,080 108 1,048 3,236
As at 28 February 2024 2,080 108 1,048 3,236
Depreciation
As at 1 March 2023 2,080 108 1,048 3,236
As at 28 February 2024 2,080 108 1,048 3,236
Net Book Value
As at 28 February 2024 - - - -
As at 1 March 2023 - - - -
5. Stocks
2024 2023
£ £
Stock 29,395 28,475
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 3 3
VAT 7,645 6,697
Accruals and deferred income - 706
7,648 7,406
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 102,315 101,616
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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