Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 10431964 Ms Emma Wallis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10431964 2023-10-31 10431964 2024-10-31 10431964 2023-11-01 2024-10-31 10431964 frs-core:CurrentFinancialInstruments 2024-10-31 10431964 frs-core:Non-currentFinancialInstruments 2024-10-31 10431964 frs-core:ComputerEquipment 2024-10-31 10431964 frs-core:ComputerEquipment 2023-11-01 2024-10-31 10431964 frs-core:ComputerEquipment 2023-10-31 10431964 frs-core:PlantMachinery 2024-10-31 10431964 frs-core:PlantMachinery 2023-11-01 2024-10-31 10431964 frs-core:PlantMachinery 2023-10-31 10431964 frs-core:ShareCapital 2024-10-31 10431964 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10431964 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10431964 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10431964 frs-bus:SmallEntities 2023-11-01 2024-10-31 10431964 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 10431964 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10431964 frs-bus:Director1 2023-11-01 2024-10-31 10431964 frs-countries:EnglandWales 2023-11-01 2024-10-31 10431964 2022-10-31 10431964 2023-10-31 10431964 2022-11-01 2023-10-31 10431964 frs-core:CurrentFinancialInstruments 2023-10-31 10431964 frs-core:Non-currentFinancialInstruments 2023-10-31 10431964 frs-core:ShareCapital 2023-10-31 10431964 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 10431964
Laceeze Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Ecommerce Accountants LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10431964
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,389 9,977
7,389 9,977
CURRENT ASSETS
Stocks 5 89,314 46,857
Debtors 6 17,756 11,703
Cash at bank and in hand 35,900 6,695
142,970 65,255
Creditors: Amounts Falling Due Within One Year 7 (130,456 ) (59,157 )
NET CURRENT ASSETS (LIABILITIES) 12,514 6,098
TOTAL ASSETS LESS CURRENT LIABILITIES 19,903 16,075
Creditors: Amounts Falling Due After More Than One Year 8 (2,478 ) (7,856 )
NET ASSETS 17,425 8,219
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 17,325 8,119
SHAREHOLDERS' FUNDS 17,425 8,219
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For the year ending 31 October 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
Ms Emma Wallis
Director
19/03/2025
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
Laceeze Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10431964 . The registered office is 10 Egmont Drive, Ringwood, BH24 2BN.
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.
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 Straight line over five years.
Computer Equipment Straight line over three years.
2.4. 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.
2.5. 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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity. 
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date. 
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against he reversal of deferred tax liabilities or other future taxable profits.
2.7. Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 12,000 566 12,566
As at 31 October 2024 12,000 566 12,566
Depreciation
As at 1 November 2023 2,400 189 2,589
Provided during the period 2,400 188 2,588
As at 31 October 2024 4,800 377 5,177
Net Book Value
As at 31 October 2024 7,200 189 7,389
As at 1 November 2023 9,600 377 9,977
5. Stocks
2024 2023
£ £
Finished goods 89,314 46,857
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 910 -
Other debtors 16,846 11,703
17,756 11,703
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 29,714 31,396
Bank loans and overdrafts 4,335 3,253
Other loans - 2,176
Other creditors 86,298 13,870
Taxation and social security 10,109 8,462
130,456 59,157
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,478 7,856
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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