Acorah Software Products - Accounts Production 16.2.850 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 09545483 Mr Liviu Oltean Mr Liviu Oltean true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09545483 2023-09-30 09545483 2024-09-30 09545483 2023-10-01 2024-09-30 09545483 frs-core:CurrentFinancialInstruments 2024-09-30 09545483 frs-core:Non-currentFinancialInstruments 2024-09-30 09545483 frs-core:ComputerEquipment 2024-09-30 09545483 frs-core:ComputerEquipment 2023-10-01 2024-09-30 09545483 frs-core:ComputerEquipment 2023-09-30 09545483 frs-core:FurnitureFittings 2024-09-30 09545483 frs-core:FurnitureFittings 2023-10-01 2024-09-30 09545483 frs-core:FurnitureFittings 2023-09-30 09545483 frs-core:NetGoodwill 2024-09-30 09545483 frs-core:NetGoodwill 2023-10-01 2024-09-30 09545483 frs-core:NetGoodwill 2023-09-30 09545483 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 09545483 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 09545483 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 09545483 frs-core:PlantMachinery 2024-09-30 09545483 frs-core:PlantMachinery 2023-10-01 2024-09-30 09545483 frs-core:PlantMachinery 2023-09-30 09545483 frs-core:ShareCapital 2024-09-30 09545483 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 09545483 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09545483 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 09545483 frs-bus:SmallEntities 2023-10-01 2024-09-30 09545483 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09545483 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09545483 1 2023-10-01 2024-09-30 09545483 frs-bus:Director1 2023-10-01 2024-09-30 09545483 frs-countries:EnglandWales 2023-10-01 2024-09-30 09545483 2022-09-30 09545483 2023-09-30 09545483 2022-10-01 2023-09-30 09545483 frs-core:CurrentFinancialInstruments 2023-09-30 09545483 frs-core:Non-currentFinancialInstruments 2023-09-30 09545483 frs-core:ShareCapital 2023-09-30 09545483 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 09545483
L And I Paradise Limited
Financial Statements
For The Year Ended 30 September 2024
Simply Accounts
1 Queen's Park Road
Handbridge
Chester
Cheshire
CH4 7AD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09545483
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,144 1,435
1,144 1,435
CURRENT ASSETS
Stocks 6 900 900
Cash at bank and in hand 5,633 3,862
6,533 4,762
Creditors: Amounts Falling Due Within One Year 7 (40,705 ) (21,168 )
NET CURRENT ASSETS (LIABILITIES) (34,172 ) (16,406 )
TOTAL ASSETS LESS CURRENT LIABILITIES (33,028 ) (14,971 )
Creditors: Amounts Falling Due After More Than One Year 8 (12,090 ) (13,801 )
NET LIABILITIES (45,118 ) (28,772 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (45,120 ) (28,774 )
SHAREHOLDERS' FUNDS (45,118) (28,772)
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For the year ending 30 September 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 Liviu Oltean
Director
11/04/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
L And I Paradise Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09545483 . The registered office is 1, Queen's Park Road, Handbridge, Chester, Cheshire, CH4 7AD.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. 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:
Leasehold 25% Reducing Balance
Plant & Machinery 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 33% Reducing Balance
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2023 1,000
As at 30 September 2024 1,000
Amortisation
As at 1 October 2023 1,000
As at 30 September 2024 1,000
...CONTINUED
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Net Book Value
As at 30 September 2024 -
As at 1 October 2023 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 3,000 3,300 1,875 770 8,945
As at 30 September 2024 3,000 3,300 1,875 770 8,945
Depreciation
As at 1 October 2023 3,000 2,436 1,460 614 7,510
Provided during the period - 157 83 51 291
As at 30 September 2024 3,000 2,593 1,543 665 7,801
Net Book Value
As at 30 September 2024 - 707 332 105 1,144
As at 1 October 2023 - 864 415 156 1,435
6. Stocks
2024 2023
£ £
Stock 900 900
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
VAT 3,225 2,408
Director's loan account 37,480 18,760
40,705 21,168
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 12,090 13,801
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
At the balance sheet date, an amount of £37,480 was owed to Mr Liviu Oltean, a director of the company.
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11. Ultimate Controlling Party
The company's ultimate controlling party is Mr Liviu Oltean by virtue of his ownership of 100% of the issued share capital in the company.
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