Acorah Software Products - Accounts Production 16.2.850 false true 2 August 2024 1 October 2023 false 3 August 2024 31 March 2025 31 March 2025 04893400 Mr R Maier Ms T Daniel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04893400 2024-08-02 04893400 2025-03-31 04893400 2024-08-03 2025-03-31 04893400 frs-core:CurrentFinancialInstruments 2025-03-31 04893400 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2025-03-31 04893400 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-08-03 2025-03-31 04893400 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-08-02 04893400 frs-core:ShareCapital 2025-03-31 04893400 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04893400 frs-bus:PrivateLimitedCompanyLtd 2024-08-03 2025-03-31 04893400 frs-bus:FilletedAccounts 2024-08-03 2025-03-31 04893400 frs-bus:SmallEntities 2024-08-03 2025-03-31 04893400 frs-bus:AuditExempt-NoAccountantsReport 2024-08-03 2025-03-31 04893400 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-03 2025-03-31 04893400 frs-bus:Director1 2024-08-03 2025-03-31 04893400 frs-bus:Director2 2024-08-03 2025-03-31 04893400 frs-countries:EnglandWales 2024-08-03 2025-03-31 04893400 2023-09-30 04893400 2024-08-02 04893400 2023-10-01 2024-08-02 04893400 frs-core:CurrentFinancialInstruments 2024-08-02 04893400 frs-core:ShareCapital 2024-08-02 04893400 frs-core:RetainedEarningsAccumulatedLosses 2024-08-02
Registered number: 04893400
Lotus Publishing Limited
Financial Statements
For the Period 3 August 2024 to 31 March 2025
Bromley Clackett Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04893400
31 March 2025 2 August 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 - 137,361
Debtors 6 934,735 124,054
Cash at bank and in hand 64,509 56,008
999,244 317,423
Creditors: Amounts Falling Due Within One Year 7 (182,501 ) (82,509 )
NET CURRENT ASSETS (LIABILITIES) 816,743 234,914
TOTAL ASSETS LESS CURRENT LIABILITIES 816,743 234,914
NET ASSETS 816,743 234,914
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 816,643 234,814
SHAREHOLDERS' FUNDS 816,743 234,914
For the period ending 31 March 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
Ms T Daniel
Director
14th April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Lotus Publishing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04893400 . The registered office is 76 Aldwick Road, Bognor Regis, West Sussex, PO21 2PE.
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. 
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
Intangible assets are initially measured at cost. after initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
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.
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 period, 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 period was: NIL (2024: 4)
- 4
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4. Intangible Assets
Other intangible assets
£
Cost
As at 3 August 2024 45,000
Disposals (45,000 )
As at 31 March 2025 -
Amortisation
As at 3 August 2024 45,000
Disposals (45,000 )
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 -
As at 3 August 2024 -
5. Stocks
31 March 2025 2 August 2024
£ £
Stock - 137,361
6. Debtors
31 March 2025 2 August 2024
£ £
Due within one year
Trade debtors - 83,561
Amounts owed by group undertakings 934,128 -
Other debtors 607 40,493
934,735 124,054
7. Creditors: Amounts Falling Due Within One Year
31 March 2025 2 August 2024
£ £
Trade creditors 78 58,428
Other creditors 3,480 7,821
Taxation and social security 178,943 16,260
182,501 82,509
8. Share Capital
31 March 2025 2 August 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3