Acorah Software Products - Accounts Production 16.0.110 false true false 22 November 2023 31 March 2024 31 March 2024 15303581 Mr Martin Holmes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15303581 2023-11-21 15303581 2024-03-31 15303581 2023-11-22 2024-03-31 15303581 frs-core:CurrentFinancialInstruments 2024-03-31 15303581 frs-core:ComputerEquipment 2024-03-31 15303581 frs-core:ComputerEquipment 2023-11-22 2024-03-31 15303581 frs-core:ComputerEquipment 2023-11-21 15303581 frs-core:FurnitureFittings 2024-03-31 15303581 frs-core:FurnitureFittings 2023-11-22 2024-03-31 15303581 frs-core:FurnitureFittings 2023-11-21 15303581 frs-core:PlantMachinery 2024-03-31 15303581 frs-core:PlantMachinery 2023-11-22 2024-03-31 15303581 frs-core:PlantMachinery 2023-11-21 15303581 frs-core:ShareCapital 2024-03-31 15303581 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 15303581 frs-bus:PrivateLimitedCompanyLtd 2023-11-22 2024-03-31 15303581 frs-bus:FilletedAccounts 2023-11-22 2024-03-31 15303581 frs-bus:SmallEntities 2023-11-22 2024-03-31 15303581 frs-bus:AuditExempt-NoAccountantsReport 2023-11-22 2024-03-31 15303581 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-22 2024-03-31 15303581 frs-bus:Director1 2023-11-22 2024-03-31 15303581 frs-countries:EnglandWales 2023-11-22 2024-03-31
Registered number: 15303581
Life&Soul Management Limited
Unaudited Financial Statements
For the Period 22 November 2023 to 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15303581
31 March 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 3,507
3,507
CURRENT ASSETS
Stocks 5 8,082
Debtors 6 2,356
Cash at bank and in hand 642
11,080
Creditors: Amounts Falling Due Within One Year 7 (13,713 )
NET CURRENT ASSETS (LIABILITIES) (2,633 )
TOTAL ASSETS LESS CURRENT LIABILITIES 874
NET ASSETS 874
CAPITAL AND RESERVES
Called up share capital 8 1
Profit and Loss Account 873
SHAREHOLDERS' FUNDS 874
Page 1
Page 2
For the period 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 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 Martin Holmes
Director
24/11/2024
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
Life&Soul Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15303581 . 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:
Plant & Machinery 20% Straight line
Fixtures & Fittings 20% Straight line
Computer Equipment 33% Straight line
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 period was: 1
1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 22 November 2023 - - - -
Additions 870 3,416 116 4,402
As at 31 March 2024 870 3,416 116 4,402
Depreciation
As at 22 November 2023 - - - -
Provided during the period 174 683 38 895
As at 31 March 2024 174 683 38 895
...CONTINUED
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Net Book Value
As at 31 March 2024 696 2,733 78 3,507
As at 22 November 2023 - - - -
5. Stocks
31 March 2024
£
Finished goods 8,082
6. Debtors
31 March 2024
£
Due within one year
Other debtors 2,356
7. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Other creditors 650
Taxation and social security 13,063
13,713
8. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 1
Page 4