Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 03076178 Mr Garry Lucas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03076178 2023-06-30 03076178 2024-06-30 03076178 2023-07-01 2024-06-30 03076178 frs-core:CurrentFinancialInstruments 2024-06-30 03076178 frs-core:Non-currentFinancialInstruments 2024-06-30 03076178 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 03076178 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03076178 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 03076178 frs-core:RevaluationReserve 2023-06-30 03076178 frs-core:RevaluationReserve 2024-06-30 03076178 frs-core:ShareCapital 2024-06-30 03076178 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 03076178 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03076178 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 03076178 frs-bus:SmallEntities 2023-07-01 2024-06-30 03076178 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 03076178 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 03076178 frs-core:ListedExchangeTraded 2024-06-30 03076178 frs-core:ListedExchangeTraded 2023-06-30 03076178 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-06-30 03076178 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-06-30 03076178 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-06-30 03076178 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-06-30 03076178 frs-bus:Director1 2023-07-01 2024-06-30 03076178 frs-countries:EnglandWales 2023-07-01 2024-06-30 03076178 2022-06-30 03076178 2023-06-30 03076178 2022-07-01 2023-06-30 03076178 frs-core:CurrentFinancialInstruments 2023-06-30 03076178 frs-core:Non-currentFinancialInstruments 2023-06-30 03076178 frs-core:RevaluationReserve 2023-06-30 03076178 frs-core:ShareCapital 2023-06-30 03076178 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 03076178
L.B.J. (Investments) Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Brindley Goldstein Limited
103 High Street
Waltham Cross
EN8 7AN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03076178
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,182,814 1,577,885
Investment Properties 5 457,782 457,782
Investments 6 1 1
2,640,597 2,035,668
CURRENT ASSETS
Debtors 7 1,241,228 1,311,228
Cash at bank and in hand 39,872 396,173
1,281,100 1,707,401
Creditors: Amounts Falling Due Within One Year 8 (765,573 ) (707,116 )
NET CURRENT ASSETS (LIABILITIES) 515,527 1,000,285
TOTAL ASSETS LESS CURRENT LIABILITIES 3,156,124 3,035,953
Creditors: Amounts Falling Due After More Than One Year 9 (100,000 ) -
NET ASSETS 3,056,124 3,035,953
CAPITAL AND RESERVES
Called up share capital 10 12 12
Revaluation reserve 11 806,872 806,872
Profit and Loss Account 2,249,240 2,229,069
SHAREHOLDERS' FUNDS 3,056,124 3,035,953
Page 1
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 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 Garry Lucas
Director
18th March 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
L.B.J. (Investments) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03076178 . The registered office is 103 High Street, Waltham Cross, EN8 7AN.
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 represents rent receivable. 
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:
No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
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. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 July 2023 1,577,885
Additions 604,929
As at 30 June 2024 2,182,814
Net Book Value
As at 30 June 2024 2,182,814
As at 1 July 2023 1,577,885
5. Investment Property
2024
£
Fair Value
As at 1 July 2023 and 30 June 2024 457,782
6. Investments
Listed
£
Cost
As at 1 July 2023 1
As at 30 June 2024 1
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 1
As at 1 July 2023 1
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,241,228 1,311,228
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,110 2,040
Bank loans and overdrafts - 200,000
Corporation tax 4,731 5,695
Other creditors 100,000 -
Accruals and deferred income 2,100 2,070
Director's loan account 654,632 497,311
765,573 707,116
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 100,000 -
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 12 12
11. Reserves
Revaluation Reserve
£
As at 1 July 2023 806,872
As at 30 June 2024 806,872
12. Related Party Transactions
The company was under the control of Mr G. Lucas during the current year. Mr G. Lucas' wife, Mrs M. Lucas is personally interested in 75% of the company's share capital. 
Included in the other debtors figure is a loan with Capedeal Limited of £1,199,837 (2022: £1,269,837). This loan is unsecured, interest free and has no fixed terms of repayment.
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