Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 SC579768 Miss Lisa Towers Mr Christopher Deegan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC579768 2023-07-31 SC579768 2024-07-31 SC579768 2023-08-01 2024-07-31 SC579768 frs-core:CurrentFinancialInstruments 2024-07-31 SC579768 frs-core:Non-currentFinancialInstruments 2024-07-31 SC579768 frs-core:BetweenOneFiveYears 2024-07-31 SC579768 frs-core:ComputerEquipment 2024-07-31 SC579768 frs-core:ComputerEquipment 2023-08-01 2024-07-31 SC579768 frs-core:ComputerEquipment 2023-07-31 SC579768 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-01 2024-07-31 SC579768 frs-core:MotorVehicles 2024-07-31 SC579768 frs-core:MotorVehicles 2023-08-01 2024-07-31 SC579768 frs-core:MotorVehicles 2023-07-31 SC579768 frs-core:OtherResidualIntangibleAssets 2024-07-31 SC579768 frs-core:OtherResidualIntangibleAssets 2023-08-01 2024-07-31 SC579768 frs-core:OtherResidualIntangibleAssets 2023-07-31 SC579768 frs-core:PlantMachinery 2024-07-31 SC579768 frs-core:PlantMachinery 2023-08-01 2024-07-31 SC579768 frs-core:PlantMachinery 2023-07-31 SC579768 frs-core:WithinOneYear 2024-07-31 SC579768 frs-core:ShareCapital 2024-07-31 SC579768 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC579768 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC579768 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 SC579768 frs-bus:SmallEntities 2023-08-01 2024-07-31 SC579768 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC579768 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 SC579768 frs-bus:Director1 2023-08-01 2024-07-31 SC579768 frs-bus:Director2 2023-08-01 2024-07-31 SC579768 frs-countries:Scotland 2023-08-01 2024-07-31 SC579768 2022-07-31 SC579768 2023-07-31 SC579768 2022-08-01 2023-07-31 SC579768 frs-core:CurrentFinancialInstruments 2023-07-31 SC579768 frs-core:Non-currentFinancialInstruments 2023-07-31 SC579768 frs-core:BetweenOneFiveYears 2023-07-31 SC579768 frs-core:WithinOneYear 2023-07-31 SC579768 frs-core:ShareCapital 2023-07-31 SC579768 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: SC579768
Little Lunches Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
TaxAssist West Edinburgh
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC579768
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 9,000 12,000
Tangible Assets 5 25,330 47,630
34,330 59,630
CURRENT ASSETS
Debtors 6 43,429 31,544
Cash at bank and in hand 17,682 12,661
61,111 44,205
Creditors: Amounts Falling Due Within One Year 7 (89,800 ) (84,081 )
NET CURRENT ASSETS (LIABILITIES) (28,689 ) (39,876 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,641 19,754
Creditors: Amounts Falling Due After More Than One Year 8 (68,473 ) (94,166 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (4,442 )
NET LIABILITIES (62,832 ) (78,854 )
CAPITAL AND RESERVES
Called up share capital 10 10 10
Profit and Loss Account (62,842 ) (78,864 )
SHAREHOLDERS' FUNDS (62,832) (78,854)
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For the year ending 31 July 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
Mr Christopher Deegan
Director
13/03/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Little Lunches Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC579768 . The registered office is Leyden, Leydon, Kirknewton, EH27 8DQ.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible asset is Website development. It is amortised to profit and loss account over its estimated economic life of 5 years.
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 20% Straight line
Motor Vehicles 25% Straight line
Computer Equipment 33% Straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.6. 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: 9 (2023: 14)
9 14
4. Intangible Assets
Other
£
Cost
As at 1 August 2023 15,000
As at 31 July 2024 15,000
Amortisation
As at 1 August 2023 3,000
Provided during the period 3,000
As at 31 July 2024 6,000
Net Book Value
As at 31 July 2024 9,000
As at 1 August 2023 12,000
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 52,953 47,459 3,332 103,744
Additions - - 332 332
As at 31 July 2024 52,953 47,459 3,664 104,076
...CONTINUED
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Depreciation
As at 1 August 2023 30,380 23,211 2,523 56,114
Provided during the period 10,070 11,865 697 22,632
As at 31 July 2024 40,450 35,076 3,220 78,746
Net Book Value
As at 31 July 2024 12,503 12,383 444 25,330
As at 1 August 2023 22,573 24,248 809 47,630
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 29,543 27,044
Other debtors 13,886 4,500
43,429 31,544
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 7,180 7,591
Trade creditors - 1
Bank loans and overdrafts 5,485 6,225
Other loans 10,600 3,600
Other creditors 66,535 62,189
Taxation and social security - 4,475
89,800 84,081
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 15,904 22,032
Bank loans 29,231 33,861
Other loans 20,838 33,273
Other creditors 2,500 5,000
68,473 94,166
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 7,180 7,591
Later than one year and not later than five years 15,904 22,032
23,084 29,623
23,084 29,623
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10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
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