Acorah Software Products - Accounts Production 16.1.300 false true true false 14 July 2023 31 July 2024 31 July 2024 SC775763 Linda Robertson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC775763 2023-07-13 SC775763 2024-07-31 SC775763 2023-07-14 2024-07-31 SC775763 frs-core:CurrentFinancialInstruments 2024-07-31 SC775763 frs-core:Non-currentFinancialInstruments 2024-07-31 SC775763 frs-core:ComputerEquipment 2024-07-31 SC775763 frs-core:ComputerEquipment 2023-07-14 2024-07-31 SC775763 frs-core:ComputerEquipment 2023-07-13 SC775763 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-14 2024-07-31 SC775763 frs-core:OtherResidualIntangibleAssets 2024-07-31 SC775763 frs-core:OtherResidualIntangibleAssets 2023-07-14 2024-07-31 SC775763 frs-core:OtherResidualIntangibleAssets 2023-07-13 SC775763 frs-core:ShareCapital 2024-07-31 SC775763 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC775763 frs-bus:PrivateLimitedCompanyLtd 2023-07-14 2024-07-31 SC775763 frs-bus:FilletedAccounts 2023-07-14 2024-07-31 SC775763 frs-bus:SmallEntities 2023-07-14 2024-07-31 SC775763 frs-bus:AuditExempt-NoAccountantsReport 2023-07-14 2024-07-31 SC775763 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-14 2024-07-31 SC775763 frs-bus:Director1 2023-07-14 2024-07-31 SC775763 frs-countries:Scotland 2023-07-14 2024-07-31
Registered number: SC775763
LR Travel Ltd
Unaudited Financial Statements
For the Period 14 July 2023 to 31 July 2024
Prime Numbers
Chartered Accountants
1 Lochrin Square
92 Fountainbridge
Edinburgh
EH3 9QA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC775763
31 July 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 10,000
Tangible Assets 5 333
10,333
CURRENT ASSETS
Debtors 6 1,561
Cash at bank and in hand 3,251
4,812
Creditors: Amounts Falling Due Within One Year 7 (17,686 )
NET CURRENT ASSETS (LIABILITIES) (12,874 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,541 )
Creditors: Amounts Falling Due After More Than One Year 8 (2,909 )
NET LIABILITIES (5,450 )
CAPITAL AND RESERVES
Called up share capital 9 1
Profit and Loss Account (5,451 )
SHAREHOLDERS' FUNDS (5,450)
Page 1
Page 2
For the period ending 31 July 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 her 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
Linda Robertson
Director
19/11/2024
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
LR Travel Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC775763 . The registered office is 9 Poplar Park, Port Seton, Prestonpans, EH32 0TD.
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. Going Concern Disclosure
The director is aware that the balance sheet shows a net liability position, however, the going concern basis remains appropriate as a result of shareholder support.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes commission revenue earned from the sale of holidays, recognised  at the point that the customer has departed for their holiday. 
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets comprise the franchise fee. It is amortised to profit and loss account over its estimated economic life of 3 years.
2.5. 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:
Computer Equipment over 3 years straight line
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Intangible Assets
Other
£
Cost
As at 14 July 2023 -
Additions 15,000
As at 31 July 2024 15,000
Amortisation
As at 14 July 2023 -
Provided during the period 5,000
As at 31 July 2024 5,000
Net Book Value
As at 31 July 2024 10,000
As at 14 July 2023 -
Page 3
Page 4
5. Tangible Assets
Computer Equipment
£
Cost
As at 14 July 2023 -
Additions 499
As at 31 July 2024 499
Depreciation
As at 14 July 2023 -
Provided during the period 166
As at 31 July 2024 166
Net Book Value
As at 31 July 2024 333
As at 14 July 2023 -
6. Debtors
31 July 2024
£
Due within one year
Trade debtors 1,561
7. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Other loans 3,665
Other creditors 13,707
Taxation and social security 314
17,686
8. Creditors: Amounts Falling Due After More Than One Year
31 July 2024
£
Other loans 2,909
9. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 1
Page 4