Acorah Software Products - Accounts Production 16.1.300 true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09642629 S Malik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09642629 2023-06-30 09642629 2024-06-30 09642629 2023-07-01 2024-06-30 09642629 frs-core:CurrentFinancialInstruments 2024-06-30 09642629 frs-core:PlantMachinery 2024-06-30 09642629 frs-core:PlantMachinery 2023-07-01 2024-06-30 09642629 frs-core:PlantMachinery 2023-06-30 09642629 frs-core:ShareCapital 2024-06-30 09642629 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09642629 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09642629 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09642629 frs-bus:SmallEntities 2023-07-01 2024-06-30 09642629 frs-bus:EntityNoLongerTradingButTradedInPast 2023-07-01 2024-06-30 09642629 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09642629 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09642629 frs-bus:Director1 2023-07-01 2024-06-30 09642629 frs-countries:EnglandWales 2023-07-01 2024-06-30 09642629 2022-06-30 09642629 2023-06-30 09642629 2022-07-01 2023-06-30 09642629 frs-core:CurrentFinancialInstruments 2023-06-30 09642629 frs-core:ShareCapital 2023-06-30 09642629 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 09642629
Lab10 Technologies Limited
Unaudited Dormant Financial Statements
For The Year Ended 30 June 2024
Hamilton Coopers
Chartered Accountants
66 Earl Street
Maidstone
Kent
ME14 1PS
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09642629
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1 1
1 1
CURRENT ASSETS
Cash at bank and in hand 429 429
429 429
Creditors: Amounts Falling Due Within One Year 5 (11,764 ) (11,764 )
NET CURRENT ASSETS (LIABILITIES) (11,335 ) (11,335 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,334 ) (11,334 )
NET LIABILITIES (11,334 ) (11,334 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (11,335 ) (11,335 )
SHAREHOLDERS' FUNDS (11,334) (11,334)
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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
S Malik
Director
27 February 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
Lab10 Technologies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09642629 . The registered office is C/O Hamilton Coopers, 11 Church Road, Bexleyheath, Kent, DA7 4DD.
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 includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other 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. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Plant & Machinery over 4 years
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 2)
- 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2023 4,435
As at 30 June 2024 4,435
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 July 2023 4,434
As at 30 June 2024 4,434
Net Book Value
As at 30 June 2024 1
As at 1 July 2023 1
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 10,547 10,547
Other taxes and social security 229 229
Accruals and deferred income 986 986
Director's loan account 2 2
11,764 11,764
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4