Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 07649998 Mr Nicholas Fletcher Mr Stephen Croson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07649998 2023-08-31 07649998 2024-08-31 07649998 2023-09-01 2024-08-31 07649998 frs-core:CurrentFinancialInstruments 2024-08-31 07649998 frs-core:Non-currentFinancialInstruments 2024-08-31 07649998 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-31 07649998 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-31 07649998 frs-core:FurnitureFittings 2024-08-31 07649998 frs-core:FurnitureFittings 2023-09-01 2024-08-31 07649998 frs-core:FurnitureFittings 2023-08-31 07649998 frs-core:SharePremium 2024-08-31 07649998 frs-core:ShareCapital 2024-08-31 07649998 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 07649998 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07649998 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 07649998 frs-bus:SmallEntities 2023-09-01 2024-08-31 07649998 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 07649998 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07649998 frs-bus:Director1 2023-09-01 2024-08-31 07649998 frs-bus:Director2 2023-09-01 2024-08-31 07649998 frs-core:Non-currentFinancialInstruments 1 2024-08-31 07649998 frs-countries:EnglandWales 2023-09-01 2024-08-31 07649998 2022-08-31 07649998 2023-08-31 07649998 2022-09-01 2023-08-31 07649998 frs-core:CurrentFinancialInstruments 2023-08-31 07649998 frs-core:Non-currentFinancialInstruments 2023-08-31 07649998 frs-core:SharePremium 2023-08-31 07649998 frs-core:ShareCapital 2023-08-31 07649998 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 07649998 frs-core:Non-currentFinancialInstruments 1 2023-08-31
Registered number: 07649998
Laid-Back Films Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07649998
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 309,267 309,267
Tangible Assets 5 115 153
309,382 309,420
CURRENT ASSETS
Debtors 6 3,505 3,505
3,505 3,505
Creditors: Amounts Falling Due Within One Year 7 (121,371 ) (122,236 )
NET CURRENT ASSETS (LIABILITIES) (117,866 ) (118,731 )
TOTAL ASSETS LESS CURRENT LIABILITIES 191,516 190,689
Creditors: Amounts Falling Due After More Than One Year 8 (27,500 ) (27,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (44,637 ) (44,637 )
NET ASSETS 119,379 118,552
CAPITAL AND RESERVES
Called up share capital 9 117,120 117,120
Share premium account 4,880 4,880
Profit and Loss Account (2,621 ) (3,448 )
SHAREHOLDERS' FUNDS 119,379 118,552
Page 1
Page 2
For the year ending 31 August 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 Nicholas Fletcher
Director
23/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Laid-Back Films Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07649998 . The registered office is 10 The Close, Eastbourne, BN20 9BW.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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:
Fixtures & Fittings Reducing 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Development Costs
£
Cost
As at 1 September 2023 309,267
As at 31 August 2024 309,267
Net Book Value
As at 31 August 2024 309,267
As at 1 September 2023 309,267
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 September 2023 730
As at 31 August 2024 730
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 September 2023 577
Provided during the period 38
As at 31 August 2024 615
Net Book Value
As at 31 August 2024 115
As at 1 September 2023 153
6. Debtors
2024 2023
£ £
Due within one year
Called up share capital not paid 3,000 3,000
Due after more than one year
Directors loan account 505 505
3,505 3,505
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Other creditors 60,000 60,000
Accruals and deferred income 240 240
Directors' loan accounts 61,131 61,997
121,371 122,236
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors (1) 27,500 27,500
9. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 3,000 3,000
Called Up Share Capital has been paid up 114,120 114,120
Amount of Allotted, Called Up Share Capital 117,120 117,120
Page 4