Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 00717630 Mr R S Horsey Mr P M Harrison Mrs S Bushnell Ms L M Bailey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00717630 2023-04-30 00717630 2024-04-30 00717630 2023-05-01 2024-04-30 00717630 frs-core:CurrentFinancialInstruments 2024-04-30 00717630 frs-core:ComputerEquipment 2024-04-30 00717630 frs-core:ComputerEquipment 2023-05-01 2024-04-30 00717630 frs-core:ComputerEquipment 2023-04-30 00717630 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 00717630 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00717630 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 00717630 frs-core:PlantMachinery 2023-05-01 2024-04-30 00717630 frs-core:RevaluationReserve 2023-04-30 00717630 frs-core:RevaluationReserve 2024-04-30 00717630 frs-core:ShareCapital 2024-04-30 00717630 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 00717630 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 00717630 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 00717630 frs-bus:SmallEntities 2023-05-01 2024-04-30 00717630 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 00717630 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 00717630 frs-bus:Director1 2023-05-01 2024-04-30 00717630 frs-bus:Director2 2023-05-01 2024-04-30 00717630 frs-bus:Director3 2023-05-01 2024-04-30 00717630 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 00717630 frs-countries:EnglandWales 2023-05-01 2024-04-30 00717630 2022-04-30 00717630 2023-04-30 00717630 2022-05-01 2023-04-30 00717630 frs-core:CurrentFinancialInstruments 2023-04-30 00717630 frs-core:RevaluationReserve 2023-04-30 00717630 frs-core:ShareCapital 2023-04-30 00717630 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 00717630
L.P.H. (Investments) Limited
Financial Statements
For The Year Ended 30 April 2024
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 00717630
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 600,018 600,024
600,018 600,024
CURRENT ASSETS
Debtors 5 10,702 29,651
Cash at bank and in hand 5,530 5,631
16,232 35,282
Creditors: Amounts Falling Due Within One Year 6 (11,525 ) (11,819 )
NET CURRENT ASSETS (LIABILITIES) 4,707 23,463
TOTAL ASSETS LESS CURRENT LIABILITIES 604,725 623,487
PROVISIONS FOR LIABILITIES
Deferred Taxation (3 ) (4 )
NET ASSETS 604,722 623,483
CAPITAL AND RESERVES
Called up share capital 7 117 117
Revaluation reserve 8 573,272 573,272
Profit and Loss Account 31,333 50,094
SHAREHOLDERS' FUNDS 604,722 623,483
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Page 2
For the year ending 30 April 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 R S Horsey
Director
Mr P M Harrison
Director
Mrs S Bushnell
Director
29/11/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
L.P.H. (Investments) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00717630 . The registered office is 81 High Street, Cosham, Hampshire, PO6 3BL.
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:
Freehold 0%
Plant & Machinery 25% RB
Computer Equipment 25% RB
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 600,001 310 600,311
As at 30 April 2024 600,001 310 600,311
Depreciation
As at 1 May 2023 - 287 287
Provided during the period - 6 6
As at 30 April 2024 - 293 293
Net Book Value
As at 30 April 2024 600,001 17 600,018
As at 1 May 2023 600,001 23 600,024
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,640 29,553
Other debtors 62 62
Directors' loan accounts - 36
10,702 29,651
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 8,619 9,807
Accruals and deferred income 1,572 1,819
Directors' loan accounts 1,334 193
11,525 11,819
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 117 117
8. Reserves
Revaluation Reserve
£
As at 1 May 2023 573,272
As at 30 April 2024 573,272
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