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 03795956 Mr James Brown Mrs Judith Brown Mrs Samantha Claridge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03795956 2023-04-30 03795956 2024-04-30 03795956 2023-05-01 2024-04-30 03795956 frs-core:CurrentFinancialInstruments 2024-04-30 03795956 frs-core:PlantMachinery 2024-04-30 03795956 frs-core:PlantMachinery 2023-05-01 2024-04-30 03795956 frs-core:PlantMachinery 2023-04-30 03795956 frs-core:ShareCapital 2024-04-30 03795956 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 03795956 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 03795956 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 03795956 frs-bus:SmallEntities 2023-05-01 2024-04-30 03795956 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 03795956 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 03795956 frs-bus:Director1 2023-05-01 2024-04-30 03795956 frs-bus:Director2 2023-05-01 2024-04-30 03795956 frs-bus:Director3 2023-05-01 2024-04-30 03795956 frs-countries:EnglandWales 2023-05-01 2024-04-30 03795956 2022-04-30 03795956 2023-04-30 03795956 2022-05-01 2023-04-30 03795956 frs-core:CurrentFinancialInstruments 2023-04-30 03795956 frs-core:ShareCapital 2023-04-30 03795956 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 03795956
Lakemill Investments Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03795956
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 395 493
395 493
CURRENT ASSETS
Stocks 5 80,000 80,000
Cash at bank and in hand 453 361
80,453 80,361
Creditors: Amounts Falling Due Within One Year 7 (183,422 ) (183,077 )
NET CURRENT ASSETS (LIABILITIES) (102,969 ) (102,716 )
TOTAL ASSETS LESS CURRENT LIABILITIES (102,574 ) (102,223 )
NET LIABILITIES (102,574 ) (102,223 )
CAPITAL AND RESERVES
Called up share capital 8 5 5
Profit and Loss Account (102,579 ) (102,228 )
SHAREHOLDERS' FUNDS (102,574) (102,223)
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
Mrs Samantha Claridge
Director
31st January 2025
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
Lakemill Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03795956 . The registered office is 63 Tithe Barn Drive, Maidenhead, Berkshire, SL6 2DF.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 20% on reducing balance
2.4. 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:
2024 2023
Manufacturing 1 1
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 May 2023 5,606
As at 30 April 2024 5,606
Depreciation
As at 1 May 2023 5,113
Provided during the period 98
As at 30 April 2024 5,211
Net Book Value
As at 30 April 2024 395
As at 1 May 2023 493
5. Stocks
2024 2023
£ £
Finished goods 80,000 80,000
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Page 4
6. Debtors
2024 2023
£ £
Due within one year
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
VAT 2,003 2,158
Accruals and deferred income 12,950 12,450
Directors' loan accounts 17,907 17,907
Amounts owed to parent undertaking 150,562 150,562
183,422 183,077
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5 5
Page 4