Acorah Software Products - Accounts Production 16.2.850 false true 28 February 2024 3 February 2023 false 29 February 2024 28 February 2025 28 February 2025 14637706 Mr James Lamb Mr Matthew Lamb iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14637706 2024-02-28 14637706 2025-02-28 14637706 2024-02-29 2025-02-28 14637706 frs-core:CurrentFinancialInstruments 2025-02-28 14637706 frs-core:Non-currentFinancialInstruments 2025-02-28 14637706 frs-core:BetweenOneFiveYears 2025-02-28 14637706 frs-core:ComputerEquipment 2025-02-28 14637706 frs-core:ComputerEquipment 2024-02-29 2025-02-28 14637706 frs-core:ComputerEquipment 2024-02-28 14637706 frs-core:MotorVehicles 2025-02-28 14637706 frs-core:MotorVehicles 2024-02-29 2025-02-28 14637706 frs-core:MotorVehicles 2024-02-28 14637706 frs-core:WithinOneYear 2025-02-28 14637706 frs-core:ShareCapital 2025-02-28 14637706 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 14637706 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 14637706 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 14637706 frs-bus:SmallEntities 2024-02-29 2025-02-28 14637706 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 14637706 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 14637706 frs-bus:Director1 2024-02-29 2025-02-28 14637706 frs-bus:Director2 2024-02-29 2025-02-28 14637706 frs-countries:EnglandWales 2024-02-29 2025-02-28 14637706 2023-02-02 14637706 2024-02-28 14637706 2023-02-03 2024-02-28 14637706 frs-core:CurrentFinancialInstruments 2024-02-28 14637706 frs-core:Non-currentFinancialInstruments 2024-02-28 14637706 frs-core:BetweenOneFiveYears 2024-02-28 14637706 frs-core:WithinOneYear 2024-02-28 14637706 frs-core:ShareCapital 2024-02-28 14637706 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 14637706
Lamb Brothers Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
HMA Accountancy Services
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14637706
28 February 2025 28 February 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 136,016 165,653
136,016 165,653
CURRENT ASSETS
Debtors 5 50,271 45,586
Cash at bank and in hand 15,110 8,594
65,381 54,180
Creditors: Amounts Falling Due Within One Year 6 (104,549 ) (118,884 )
NET CURRENT ASSETS (LIABILITIES) (39,168 ) (64,704 )
TOTAL ASSETS LESS CURRENT LIABILITIES 96,848 100,949
Creditors: Amounts Falling Due After More Than One Year 7 (45,000 ) (75,800 )
NET ASSETS 51,848 25,149
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 51,846 25,147
SHAREHOLDERS' FUNDS 51,848 25,149
Page 1
Page 2
For the year ending 28 February 2025 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 James Lamb
Director
Mr Matthew Lamb
Director
02/04/2025
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
Lamb Brothers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14637706 . The registered office is Flat D, 20 Woodcote Road, Wallington, Surrey, SM6 0NN.
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:
Motor Vehicles 4 years
Computer Equipment 4 years
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
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Page 4
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 29 February 2024 180,427 226 180,653
Additions 14,562 1,474 16,036
As at 28 February 2025 194,989 1,700 196,689
Depreciation
As at 29 February 2024 14,944 56 15,000
Provided during the period 45,247 426 45,673
As at 28 February 2025 60,191 482 60,673
Net Book Value
As at 28 February 2025 134,798 1,218 136,016
As at 29 February 2024 165,483 170 165,653
5. Debtors
28 February 2025 28 February 2024
£ £
Due within one year
Trade debtors 45,717 28,190
Other debtors 4,554 17,396
50,271 45,586
6. Creditors: Amounts Falling Due Within One Year
28 February 2025 28 February 2024
£ £
Net obligations under finance lease and hire purchase contracts 30,000 30,000
Trade creditors (2 ) 1
Other loans 25,500 4,800
Other creditors 42,004 81,521
Taxation and social security 7,047 2,562
104,549 118,884
7. Creditors: Amounts Falling Due After More Than One Year
28 February 2025 28 February 2024
£ £
Net obligations under finance lease and hire purchase contracts 45,000 75,000
Other loans - 800
45,000 75,800
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8. Obligations Under Finance Leases and Hire Purchase
28 February 2025 28 February 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 30,000 30,000
Later than one year and not later than five years 45,000 75,000
75,000 105,000
75,000 105,000
9. Share Capital
28 February 2025 28 February 2024
£ £
Allotted, Called up and fully paid 2 2
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