Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 13403326 Mrs Annamaria Walker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13403326 2023-05-31 13403326 2024-05-31 13403326 2023-06-01 2024-05-31 13403326 frs-core:CurrentFinancialInstruments 2024-05-31 13403326 frs-core:Non-currentFinancialInstruments 2024-05-31 13403326 frs-core:InvestmentPropertyIncludedWithinPPE 2024-05-31 13403326 frs-core:InvestmentPropertyIncludedWithinPPE 2023-06-01 2024-05-31 13403326 frs-core:InvestmentPropertyIncludedWithinPPE 2023-05-31 13403326 frs-core:ShareCapital 2024-05-31 13403326 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 13403326 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13403326 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 13403326 frs-bus:SmallEntities 2023-06-01 2024-05-31 13403326 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13403326 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13403326 frs-bus:Director1 2023-06-01 2024-05-31 13403326 frs-countries:EnglandWales 2023-06-01 2024-05-31 13403326 2022-05-31 13403326 2023-05-31 13403326 2022-06-01 2023-05-31 13403326 frs-core:CurrentFinancialInstruments 2023-05-31 13403326 frs-core:Non-currentFinancialInstruments 2023-05-31 13403326 frs-core:ShareCapital 2023-05-31 13403326 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 13403326
Livily Properties Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13403326
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 91,041 -
91,041 -
CURRENT ASSETS
Debtors 5 1,215 72,810
1,215 72,810
Creditors: Amounts Falling Due Within One Year 6 (791 ) -
NET CURRENT ASSETS (LIABILITIES) 424 72,810
TOTAL ASSETS LESS CURRENT LIABILITIES 91,465 72,810
Creditors: Amounts Falling Due After More Than One Year 7 (90,333 ) (73,870 )
NET ASSETS/(LIABILITIES) 1,132 (1,060 )
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 1,122 (1,070 )
SHAREHOLDERS' FUNDS 1,132 (1,060)
Page 1
Page 2
For the year ending 31 May 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
Mrs Annamaria Walker
Director
27/02/2025
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
Livily Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13403326 . The registered office is 30 Duncan Road, Chichester, PO19 3NG.
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 tax or other similar sales taxes.
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:
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property is based on director's valuations and has not been based on a valuation by an independent valuer with a professional qualification. No depreciation is provided for. 
Changes in fair value are recognised in the profit and loss account.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Investment Properties
£
Cost
As at 1 June 2023 -
Additions 91,041
As at 31 May 2024 91,041
Net Book Value
As at 31 May 2024 91,041
As at 1 June 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,205 72,800
Other debtors 10 10
1,215 72,810
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 702 -
Accruals and deferred income 89 -
791 -
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 90,333 73,870
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 4