Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10135218 Elaine Frost Samantha Frost Stephanie Frost iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10135218 2023-04-30 10135218 2024-04-30 10135218 2023-05-01 2024-04-30 10135218 frs-core:CurrentFinancialInstruments 2024-04-30 10135218 frs-core:ComputerEquipment 2024-04-30 10135218 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10135218 frs-core:ComputerEquipment 2023-04-30 10135218 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 10135218 frs-core:FurnitureFittings 2024-04-30 10135218 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10135218 frs-core:FurnitureFittings 2023-04-30 10135218 frs-core:OtherResidualIntangibleAssets 2024-04-30 10135218 frs-core:OtherResidualIntangibleAssets 2023-05-01 2024-04-30 10135218 frs-core:OtherResidualIntangibleAssets 2023-04-30 10135218 frs-core:PlantMachinery 2023-05-01 2024-04-30 10135218 frs-core:ShareCapital 2024-04-30 10135218 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10135218 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10135218 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10135218 frs-bus:SmallEntities 2023-05-01 2024-04-30 10135218 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10135218 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10135218 frs-bus:Director1 2023-05-01 2024-04-30 10135218 frs-bus:Director2 2023-05-01 2024-04-30 10135218 frs-bus:Director3 2023-05-01 2024-04-30 10135218 frs-core:CurrentFinancialInstruments 5 2024-04-30 10135218 frs-countries:EnglandWales 2023-05-01 2024-04-30 10135218 2022-04-30 10135218 2023-04-30 10135218 2022-05-01 2023-04-30 10135218 frs-core:CurrentFinancialInstruments 2023-04-30 10135218 frs-core:ShareCapital 2023-04-30 10135218 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 10135218 frs-core:CurrentFinancialInstruments 5 2023-04-30
Registered number: 10135218
Pretty Lavish Ltd
Financial Statements
For The Year Ended 30 April 2024
Michael Stuart Associates Ltd
Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10135218
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 12,300 15,900
Tangible Assets 5 86,699 59,113
98,999 75,013
CURRENT ASSETS
Stocks 6 1,479,091 1,325,987
Debtors 7 1,511,151 1,227,177
Cash at bank and in hand 1,615,400 2,052,148
4,605,642 4,605,312
Creditors: Amounts Falling Due Within One Year 8 (1,630,961 ) (1,464,584 )
NET CURRENT ASSETS (LIABILITIES) 2,974,681 3,140,728
TOTAL ASSETS LESS CURRENT LIABILITIES 3,073,680 3,215,741
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,418 ) (8,418 )
NET ASSETS 3,065,262 3,207,323
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 3,065,260 3,207,321
SHAREHOLDERS' FUNDS 3,065,262 3,207,323
Page 1
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
Stephanie Frost
Director
28/01/2025
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
Pretty Lavish Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10135218 . The registered office is 3 Church Barns, Ware Road, Widford, Essex, SG12 8RL.
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 represents revenue earned from the sale of goods. Turnover is reduced for the value of customer returns and 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. 
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website design and build.   It is amortised to profit and loss account over its estimated economic life 5 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:
Plant & Machinery Over 5 years
Fixtures & Fittings Over 5 years
Computer Equipment Over 5 years
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 
2.6. Taxation
Corporation 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 42 (2023: 36)
42 36
4. Intangible Assets
Other
£
Cost
As at 1 May 2023 44,877
As at 30 April 2024 44,877
Amortisation
As at 1 May 2023 28,977
Provided during the period 3,600
As at 30 April 2024 32,577
Net Book Value
As at 30 April 2024 12,300
As at 1 May 2023 15,900
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 56,033 37,471 93,504
Additions 37,512 13,249 50,761
As at 30 April 2024 93,545 50,720 144,265
Depreciation
As at 1 May 2023 20,979 13,412 34,391
Provided during the period 14,338 8,837 23,175
As at 30 April 2024 35,317 22,249 57,566
Net Book Value
As at 30 April 2024 58,228 28,471 86,699
As at 1 May 2023 35,054 24,059 59,113
6. Stocks
2024 2023
£ £
Finished goods 1,479,091 1,325,987
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 765,052 880,709
Prepayments and accrued income 86,937 43,975
Other debtors 354,467 200,372
Amounts owed by group and connected companies 304,695 102,121
1,511,151 1,227,177
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 312,045 334,197
Corporation tax 24,310 294,131
Other taxes and social security 259,065 173,388
Other creditors 759,188 595,890
Accruals and deferred income 265,429 56,681
Directors' loan accounts 10,924 10,297
1,630,961 1,464,584
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
The company provides financial and operational support to a company under common control.   At the year end the amount owed to the company is £304,695.  The facility is repayable on demand and is interest free. 
Page 5