Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 12939875 Mr Barry Lavers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12939875 2023-10-31 12939875 2024-10-31 12939875 2023-11-01 2024-10-31 12939875 frs-core:Non-currentFinancialInstruments 2024-10-31 12939875 frs-core:FurnitureFittings 2023-11-01 2024-10-31 12939875 frs-core:MotorVehicles 2023-11-01 2024-10-31 12939875 frs-core:ShareCapital 2024-10-31 12939875 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 12939875 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12939875 frs-bus:AbridgedAccounts 2023-11-01 2024-10-31 12939875 frs-bus:SmallEntities 2023-11-01 2024-10-31 12939875 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12939875 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12939875 frs-core:CostValuation 2023-10-31 12939875 frs-core:CostValuation 2024-10-31 12939875 frs-bus:Director1 2023-11-01 2024-10-31 12939875 frs-countries:EnglandWales 2023-11-01 2024-10-31 12939875 2022-10-31 12939875 2023-10-31 12939875 2022-11-01 2023-10-31 12939875 frs-core:Non-currentFinancialInstruments 2023-10-31 12939875 frs-core:ShareCapital 2023-10-31 12939875 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 12939875
Lavers Consultancy Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 12939875
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,028,554 1,028,554
Investments 5 270,000 270,000
1,298,554 1,298,554
CURRENT ASSETS
Cash at bank and in hand 6,773 7,353
6,773 7,353
Creditors: Amounts Falling Due Within One Year (280,312 ) (230,924 )
NET CURRENT ASSETS (LIABILITIES) (273,539 ) (223,571 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,025,015 1,074,983
Creditors: Amounts Falling Due After More Than One Year (826,900 ) (855,700 )
NET ASSETS 198,115 219,283
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 198,015 219,183
SHAREHOLDERS' FUNDS 198,115 219,283
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Page 2
For the year ending 31 October 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 October 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Barry Lavers
Director
20/01/2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
Lavers Consultancy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12939875 . The registered office is Odeon House, 146 College Road, Harrow, HA1 1BH.
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. Turnover includes revenue earned from the net rents receivable. Turnover is recognised on a rent receivable basis to the balance sheet date.
2.3. Investment Property
Investment properties are properties which are held either to earn rental income or for capital appreciation or for both. Investment properties are recognised initially at cost.
No depreciation is provided in respect of investment properties. 
2.4. Interest Payable
Interest payables are recognised in profit or loss as they accrue, using the effective interest method.
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:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 2 (2023: 2)
2 2
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Page 4
4. Tangible Assets
Total
£
Cost
As at 1 November 2023 1,044,798
As at 31 October 2024 1,044,798
Depreciation
As at 1 November 2023 16,244
As at 31 October 2024 16,244
Net Book Value
As at 31 October 2024 1,028,554
As at 1 November 2023 1,028,554
5. Investments
Total
£
Cost
As at 1 November 2023 270,000
As at 31 October 2024 270,000
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 270,000
As at 1 November 2023 270,000
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
At the year end, the company owed £265,983 to Mr Barry P Lavers. 
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