Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 04138409 C P Davis C H Crawford Landpac Ground Improvement Technologies Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04138409 2023-06-30 04138409 2024-06-30 04138409 2023-07-01 2024-06-30 04138409 frs-core:CurrentFinancialInstruments 2024-06-30 04138409 frs-core:Non-currentFinancialInstruments 2024-06-30 04138409 frs-core:ComputerEquipment 2024-06-30 04138409 frs-core:ComputerEquipment 2023-07-01 2024-06-30 04138409 frs-core:ComputerEquipment 2023-06-30 04138409 frs-core:FurnitureFittings 2024-06-30 04138409 frs-core:FurnitureFittings 2023-07-01 2024-06-30 04138409 frs-core:FurnitureFittings 2023-06-30 04138409 frs-core:PlantMachinery 2024-06-30 04138409 frs-core:PlantMachinery 2023-07-01 2024-06-30 04138409 frs-core:PlantMachinery 2023-06-30 04138409 frs-core:ShareCapital 2024-06-30 04138409 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 04138409 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04138409 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 04138409 frs-bus:SmallEntities 2023-07-01 2024-06-30 04138409 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 04138409 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04138409 1 2023-07-01 2024-06-30 04138409 frs-bus:Director1 2023-07-01 2024-06-30 04138409 frs-bus:Director2 2023-07-01 2024-06-30 04138409 frs-core:CurrentFinancialInstruments 5 2024-06-30 04138409 frs-countries:EnglandWales 2023-07-01 2024-06-30 04138409 2022-06-30 04138409 2023-06-30 04138409 2022-07-01 2023-06-30 04138409 frs-core:CurrentFinancialInstruments 2023-06-30 04138409 frs-core:Non-currentFinancialInstruments 2023-06-30 04138409 frs-core:ShareCapital 2023-06-30 04138409 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 04138409 frs-core:CurrentFinancialInstruments 5 2023-06-30
Registered number: 04138409
Landpac Ground Engineering Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04138409
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,870 5,883
3,870 5,883
CURRENT ASSETS
Stocks 14,718 27,202
Debtors 5 228,216 173,781
Cash at bank and in hand 16,023 29,317
258,957 230,300
Creditors: Amounts Falling Due Within One Year 6 (157,845 ) (88,705 )
NET CURRENT ASSETS (LIABILITIES) 101,112 141,595
TOTAL ASSETS LESS CURRENT LIABILITIES 104,982 147,478
Creditors: Amounts Falling Due After More Than One Year 7 (232,284 ) (22,281 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (1,118 )
NET (LIABILITIES)/ASSETS (127,302 ) 124,079
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (127,402 ) 123,979
SHAREHOLDERS' FUNDS (127,302) 124,079
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Page 2
For the year ending 30 June 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
C P Davis
Director
27 August 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Landpac Ground Engineering Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04138409 . The registered office is Devonshire House, 582 Honeypot Lane, Stanmore, Middlesex, HA7 1JS.
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. Going Concern Disclosure
At the balance sheet date the company was reliant upon the support of parent companies, the directors as confident that such support will continue and the company will begin to trade profitabily again.  In these circumstances the financial statement have been prepare on a going concern basis.
2.3. 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.
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.
2.4. 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 15% - 25% Reducing balance basis
Fixtures & Fittings 25% Straight line basis
Computer Equipment 25% Straight line basis
2.5. 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.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date.
Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 19,056 840 6,184 26,080
Disposals - - (624 ) (624 )
As at 30 June 2024 19,056 840 5,560 25,456
Depreciation
As at 1 July 2023 16,793 333 3,071 20,197
Provided during the period 621 210 1,182 2,013
Disposals - - (624 ) (624 )
As at 30 June 2024 17,414 543 3,629 21,586
Net Book Value
As at 30 June 2024 1,642 297 1,931 3,870
As at 1 July 2023 2,263 507 3,113 5,883
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 128,300 97,098
Prepayments and accrued income 16,567 41,298
Other debtors 20,100 20,100
Corporation tax recoverable assets - 617
Deferred tax current asset 45,214 -
VAT 17,555 14,668
Amounts owed by group undertakings 480 -
228,216 173,781
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 108,174 40,981
Bank loans and overdrafts 10,000 10,000
Social security and other taxes 8,688 9,774
Other creditors 10,183 7,350
Accruals 20,800 20,600
157,845 88,705
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 12,284 22,281
Amounts owed to group undertakings 220,000 -
232,284 22,281
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8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 22,284 32,281
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Ultimate Controlling Party
The company's ultimate controlling party is Landpac Ground Improvement Technologies Limited by virtue of his ownership of 100% of the issued share capital in the group.
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