Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09102121 Mr Darius Kravitz Mrs Adrianna Kravitz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09102121 2023-03-31 09102121 2024-03-31 09102121 2023-04-01 2024-03-31 09102121 frs-core:CurrentFinancialInstruments 2024-03-31 09102121 frs-core:Non-currentFinancialInstruments 2024-03-31 09102121 frs-core:FurnitureFittings 2024-03-31 09102121 frs-core:FurnitureFittings 2023-04-01 2024-03-31 09102121 frs-core:FurnitureFittings 2023-03-31 09102121 frs-core:NetGoodwill 2024-03-31 09102121 frs-core:NetGoodwill 2023-04-01 2024-03-31 09102121 frs-core:NetGoodwill 2023-03-31 09102121 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 09102121 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 09102121 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 09102121 frs-core:PlantMachinery 2024-03-31 09102121 frs-core:PlantMachinery 2023-04-01 2024-03-31 09102121 frs-core:PlantMachinery 2023-03-31 09102121 frs-core:ShareCapital 2024-03-31 09102121 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09102121 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09102121 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09102121 frs-bus:SmallEntities 2023-04-01 2024-03-31 09102121 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09102121 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09102121 frs-bus:Director1 2023-04-01 2024-03-31 09102121 frs-bus:Director2 2023-04-01 2024-03-31 09102121 frs-core:CurrentFinancialInstruments 1 2024-03-31 09102121 frs-countries:EnglandWales 2023-04-01 2024-03-31 09102121 2022-03-31 09102121 2023-03-31 09102121 2022-04-01 2023-03-31 09102121 frs-core:CurrentFinancialInstruments 2023-03-31 09102121 frs-core:Non-currentFinancialInstruments 2023-03-31 09102121 frs-core:ShareCapital 2023-03-31 09102121 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 09102121 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 09102121
THE LEGENDS MALE GROOMING LIMITED
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: 09102121
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 22,500 30,000
Tangible Assets 5 4,501 6,329
27,001 36,329
CURRENT ASSETS
Stocks 6 200 150
Debtors 7 16,500 17,800
Cash at bank and in hand 4,672 1,396
21,372 19,346
Creditors: Amounts Falling Due Within One Year 8 (110,396 ) (104,189 )
NET CURRENT ASSETS (LIABILITIES) (89,024 ) (84,843 )
TOTAL ASSETS LESS CURRENT LIABILITIES (62,023 ) (48,514 )
Creditors: Amounts Falling Due After More Than One Year 9 (17,743 ) (24,641 )
NET LIABILITIES (79,766 ) (73,155 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (79,866 ) (73,255 )
SHAREHOLDERS' FUNDS (79,766) (73,155)
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
Mrs Adrianna Kravitz
Director
20/12/2024
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
THE LEGENDS MALE GROOMING LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09102121 . The registered office is 12 Lambs Conduit Passage, London, WC1R 4RH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.
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:
Leasehold 10%
Plant & Machinery 25%
Fixtures & Fittings 25%
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 as follows:
2024 2023
Office and administration 2 1
Manufacturing 3 2
5 3
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4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 150,000
As at 31 March 2024 150,000
Amortisation
As at 1 April 2023 120,000
Provided during the period 7,500
As at 31 March 2024 127,500
Net Book Value
As at 31 March 2024 22,500
As at 1 April 2023 30,000
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2023 10,000 1,954 21,513 33,467
Disposals - - (15,736 ) (15,736 )
As at 31 March 2024 10,000 1,954 5,777 17,731
Depreciation
As at 1 April 2023 7,000 740 19,398 27,138
Provided during the period 1,000 489 339 1,828
Disposals - - (15,736 ) (15,736 )
As at 31 March 2024 8,000 1,229 4,001 13,230
Net Book Value
As at 31 March 2024 2,000 725 1,776 4,501
As at 1 April 2023 3,000 1,214 2,115 6,329
6. Stocks
2024 2023
£ £
Finished goods 200 150
7. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 20,800 20,800
Related Company Loan (4,300 ) (3,000 )
16,500 17,800
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
VAT 7,225 6,335
Net wages, PAYE and social seurities 7,018 2,500
Accruals and deferred income 3,196 1,896
Directors' loan accounts 92,957 93,458
110,396 104,189
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 17,743 24,641
The bank loan represents a Bounce Back Loan with an initial interest-free period of 12 months and no repayments, then subsequently repayable over a further five year term with an interest rate of 2.5%.

10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5