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 10649698 Mrs Charlotte Carsons Mr Martin Holmes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10649698 2023-03-31 10649698 2024-03-31 10649698 2023-04-01 2024-03-31 10649698 frs-core:CurrentFinancialInstruments 2024-03-31 10649698 frs-core:Non-currentFinancialInstruments 2024-03-31 10649698 frs-core:ComputerEquipment 2024-03-31 10649698 frs-core:ComputerEquipment 2023-04-01 2024-03-31 10649698 frs-core:ComputerEquipment 2023-03-31 10649698 frs-core:FurnitureFittings 2024-03-31 10649698 frs-core:FurnitureFittings 2023-04-01 2024-03-31 10649698 frs-core:FurnitureFittings 2023-03-31 10649698 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 10649698 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 10649698 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 10649698 frs-core:MotorVehicles 2024-03-31 10649698 frs-core:MotorVehicles 2023-04-01 2024-03-31 10649698 frs-core:MotorVehicles 2023-03-31 10649698 frs-core:PlantMachinery 2024-03-31 10649698 frs-core:PlantMachinery 2023-04-01 2024-03-31 10649698 frs-core:PlantMachinery 2023-03-31 10649698 frs-core:ShareCapital 2024-03-31 10649698 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10649698 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10649698 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10649698 frs-bus:SmallEntities 2023-04-01 2024-03-31 10649698 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10649698 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10649698 frs-core:UnlistedNon-exchangeTraded 2024-03-31 10649698 frs-core:UnlistedNon-exchangeTraded 2023-03-31 10649698 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 10649698 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 10649698 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 10649698 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 10649698 frs-bus:Director1 2023-04-01 2024-03-31 10649698 frs-bus:Director2 2023-04-01 2024-03-31 10649698 frs-countries:EnglandWales 2023-04-01 2024-03-31 10649698 2022-03-31 10649698 2023-03-31 10649698 2022-04-01 2023-03-31 10649698 frs-core:CurrentFinancialInstruments 2023-03-31 10649698 frs-core:Non-currentFinancialInstruments 2023-03-31 10649698 frs-core:ShareCapital 2023-03-31 10649698 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10649698
Life&Soul Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10649698
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 73,191 72,266
Investments 5 400 400
73,591 72,666
CURRENT ASSETS
Stocks 6 1,187 1,215
Debtors 7 561,224 555,288
Cash at bank and in hand 1,557 12,829
563,968 569,332
Creditors: Amounts Falling Due Within One Year 8 (459,766 ) (474,415 )
NET CURRENT ASSETS (LIABILITIES) 104,202 94,917
TOTAL ASSETS LESS CURRENT LIABILITIES 177,793 167,583
Creditors: Amounts Falling Due After More Than One Year 9 (97,619 ) (97,619 )
NET ASSETS 80,174 69,964
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 80,074 69,864
SHAREHOLDERS' FUNDS 80,174 69,964
Page 1
Page 2
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
Mr Martin Holmes
Director
25/11/2024
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
Life&Soul Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10649698 . The registered office is 18 Lawton Street, Congleton, CW12 1RP.
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.
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:
Leasehold 5% Straight Line
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 15% Reducing Balance
2.4. 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: 5 (2023: 5)
5 5
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2023 950 299 6,506 101,675
Additions - - 11,495 -
As at 31 March 2024 950 299 18,001 101,675
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 254 203 5,091 34,981
Provided during the period 48 14 353 10,004
As at 31 March 2024 302 217 5,444 44,985
Net Book Value
As at 31 March 2024 648 82 12,557 56,690
As at 1 April 2023 696 96 1,415 66,694
Computer Equipment Total
£ £
Cost
As at 1 April 2023 8,596 118,026
Additions 397 11,892
As at 31 March 2024 8,993 129,918
Depreciation
As at 1 April 2023 5,231 45,760
Provided during the period 548 10,967
As at 31 March 2024 5,779 56,727
Net Book Value
As at 31 March 2024 3,214 73,191
As at 1 April 2023 3,365 72,266
5. Investments
Unlisted
£
Cost
As at 1 April 2023 400
As at 31 March 2024 400
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 400
As at 1 April 2023 400
6. Stocks
2024 2023
£ £
Stock 1,187 1,215
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 107,207 122,728
Other debtors 454,017 432,560
561,224 555,288
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 79,659 102,848
Other creditors 365,834 356,830
Taxation and social security 14,273 14,737
459,766 474,415
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 97,619 97,619
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5