Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08665310 Mr Rakesh Limbachia iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08665310 2023-08-31 08665310 2024-08-31 08665310 2023-09-01 2024-08-31 08665310 frs-core:CurrentFinancialInstruments 2024-08-31 08665310 frs-core:Non-currentFinancialInstruments 2024-08-31 08665310 frs-core:ComputerEquipment 2024-08-31 08665310 frs-core:ComputerEquipment 2023-09-01 2024-08-31 08665310 frs-core:ComputerEquipment 2023-08-31 08665310 frs-core:ShareCapital 2024-08-31 08665310 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08665310 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08665310 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08665310 frs-bus:SmallEntities 2023-09-01 2024-08-31 08665310 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08665310 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08665310 frs-bus:Director1 2023-09-01 2024-08-31 08665310 frs-countries:EnglandWales 2023-09-01 2024-08-31 08665310 2022-08-31 08665310 2023-08-31 08665310 2022-09-01 2023-08-31 08665310 frs-core:CurrentFinancialInstruments 2023-08-31 08665310 frs-core:Non-currentFinancialInstruments 2023-08-31 08665310 frs-core:ShareCapital 2023-08-31 08665310 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08665310
Limbachia Consulting Services Limited
Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08665310
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,776 3,702
2,776 3,702
CURRENT ASSETS
Debtors 5 1,435 33,540
Cash at bank and in hand 95,924 125,375
97,359 158,915
Creditors: Amounts Falling Due Within One Year 6 (36,381 ) (90,588 )
NET CURRENT ASSETS (LIABILITIES) 60,978 68,327
TOTAL ASSETS LESS CURRENT LIABILITIES 63,754 72,029
Creditors: Amounts Falling Due After More Than One Year 7 (8,397 ) (17,609 )
NET ASSETS 55,357 54,420
CAPITAL AND RESERVES
Called up share capital 8 103 103
Profit and Loss Account 55,254 54,317
SHAREHOLDERS' FUNDS 55,357 54,420
Page 1
Page 2
For the year ending 31 August 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.
On behalf of the board
Mr Rakesh Limbachia
Director
31 January 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
Limbachia Consulting Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08665310 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
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, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and 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 25% Reducing balance
2.4. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
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. 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.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 2 (2023: 2)
2 2
Page 3
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 7,129
As at 31 August 2024 7,129
Depreciation
As at 1 September 2023 3,427
Provided during the period 926
As at 31 August 2024 4,353
Net Book Value
As at 31 August 2024 2,776
As at 1 September 2023 3,702
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 33,540
Other debtors 1,435 -
1,435 33,540
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 9,200 9,200
Other creditors 1,919 30,285
Taxation and social security 25,262 51,103
36,381 90,588
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,397 17,609
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 103 103
Page 5