Acorah Software Products - Accounts Production 16.2.850 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 10661223 Damian Doras Helena Doras iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10661223 2023-07-31 10661223 2024-07-31 10661223 2023-08-01 2024-07-31 10661223 frs-core:CurrentFinancialInstruments 2024-07-31 10661223 frs-core:ComputerEquipment 2024-07-31 10661223 frs-core:ComputerEquipment 2023-08-01 2024-07-31 10661223 frs-core:ComputerEquipment 2023-07-31 10661223 frs-core:ShareCapital 2024-07-31 10661223 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10661223 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10661223 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10661223 frs-bus:SmallEntities 2023-08-01 2024-07-31 10661223 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10661223 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10661223 frs-bus:Director1 2023-08-01 2024-07-31 10661223 frs-bus:Director2 2023-08-01 2024-07-31 10661223 frs-countries:EnglandWales 2023-08-01 2024-07-31 10661223 2022-07-31 10661223 2023-07-31 10661223 2022-08-01 2023-07-31 10661223 frs-core:CurrentFinancialInstruments 2023-07-31 10661223 frs-core:ShareCapital 2023-07-31 10661223 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 10661223
Locally We Do... Ltd
Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 10661223
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 411 617
411 617
CURRENT ASSETS
Debtors 5 3,390 7,901
Cash at bank and in hand 444 2,255
3,834 10,156
Creditors: Amounts Falling Due Within One Year 6 (168,857 ) (117,886 )
NET CURRENT ASSETS (LIABILITIES) (165,023 ) (107,730 )
TOTAL ASSETS LESS CURRENT LIABILITIES (164,612 ) (107,113 )
NET LIABILITIES (164,612 ) (107,113 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement (164,712 ) (107,213 )
SHAREHOLDERS' FUNDS (164,612) (107,113)
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 Income Statement.
On behalf of the board
Damian Doras
Director
16/04/2025
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
Locally We Do... Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10661223 . The registered office is Office 33 Marble Hall, 80 Nightingale Road, Derby, DE24 8BF.
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 consider that the company will continue to operate based on the current financial information and continued support of the bank and directors. On the basis the directors consider it appropriate to prepare the accounts on a going concern basis.
2.3. 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.
2.4. 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:
Computer Equipment 33% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2023: 17)
19 17
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2023 1,206
As at 31 July 2024 1,206
Depreciation
As at 1 August 2023 589
Provided during the period 206
As at 31 July 2024 795
Net Book Value
As at 31 July 2024 411
As at 1 August 2023 617
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,033
Other debtors 3,390 6,868
3,390 7,901
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 357
Other creditors 43,929 44,956
Taxation and social security 124,928 72,573
168,857 117,886
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3