Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 31 July 2024 31 July 2024 09559486 Ms Dan Chen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09559486 2023-04-30 09559486 2024-07-31 09559486 2023-05-01 2024-07-31 09559486 frs-core:CurrentFinancialInstruments 2024-07-31 09559486 frs-core:Non-currentFinancialInstruments 2024-07-31 09559486 frs-core:ComputerEquipment 2024-07-31 09559486 frs-core:ComputerEquipment 2023-05-01 2024-07-31 09559486 frs-core:ComputerEquipment 2023-04-30 09559486 frs-core:FurnitureFittings 2024-07-31 09559486 frs-core:FurnitureFittings 2023-05-01 2024-07-31 09559486 frs-core:FurnitureFittings 2023-04-30 09559486 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 09559486 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-07-31 09559486 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 09559486 frs-core:PlantMachinery 2024-07-31 09559486 frs-core:PlantMachinery 2023-05-01 2024-07-31 09559486 frs-core:PlantMachinery 2023-04-30 09559486 frs-core:ShareCapital 2024-07-31 09559486 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09559486 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-07-31 09559486 frs-bus:FilletedAccounts 2023-05-01 2024-07-31 09559486 frs-bus:SmallEntities 2023-05-01 2024-07-31 09559486 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-07-31 09559486 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-07-31 09559486 frs-bus:Director1 2023-05-01 2024-07-31 09559486 frs-countries:EnglandWales 2023-05-01 2024-07-31 09559486 2022-04-30 09559486 2023-04-30 09559486 2022-05-01 2023-04-30 09559486 frs-core:CurrentFinancialInstruments 2023-04-30 09559486 frs-core:Non-currentFinancialInstruments 2023-04-30 09559486 frs-core:ShareCapital 2023-04-30 09559486 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 09559486
Ledsone UK Limited
Unaudited Financial Statements
For the Period 1 May 2023 to 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09559486
31 July 2024 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 545,028 13,893
545,028 13,893
CURRENT ASSETS
Stocks 5 310,000 380,000
Debtors 6 1,765 1,765
Cash at bank and in hand 94,351 17,474
406,116 399,239
Creditors: Amounts Falling Due Within One Year 7 (171,054 ) (28,876 )
NET CURRENT ASSETS (LIABILITIES) 235,062 370,363
TOTAL ASSETS LESS CURRENT LIABILITIES 780,090 384,256
Creditors: Amounts Falling Due After More Than One Year 8 (667,922 ) (285,081 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,238 ) -
NET ASSETS 107,930 99,175
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 107,929 99,174
SHAREHOLDERS' FUNDS 107,930 99,175
Page 1
Page 2
For the period 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Dan Chen
Director
22/04/2025
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
Ledsone UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09559486 . The registered office is Unit 18 Lythalls Lane Industrial Estate, Lythalls Lane, Coventry, CV6 6FL.
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 represents net invoiced sales of goods, excluding value added tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets, other than investment properties, are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation
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:
Freehold 2% on straight line
Plant & Machinery 20% on reducing balance
Fixtures & Fittings 20% on reducing balance
Computer Equipment 25% on reducing balance
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. 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.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 8 (2023: 6)
8 6
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 - 18,313 4,280 7,631 30,224
Additions 538,850 7,300 - - 546,150
As at 31 July 2024 538,850 25,613 4,280 7,631 576,374
Depreciation
As at 1 May 2023 - 8,937 2,570 4,824 16,331
Provided during the period 10,777 3,335 342 561 15,015
As at 31 July 2024 10,777 12,272 2,912 5,385 31,346
Net Book Value
As at 31 July 2024 528,073 13,341 1,368 2,246 545,028
As at 1 May 2023 - 9,376 1,710 2,807 13,893
5. Stocks
31 July 2024 30 April 2023
£ £
Stock 310,000 380,000
6. Debtors
31 July 2024 30 April 2023
£ £
Due within one year
Other debtors 1,765 1,765
7. Creditors: Amounts Falling Due Within One Year
31 July 2024 30 April 2023
£ £
Trade creditors (1 ) (1 )
Bank loans and overdrafts 7,762 6,536
Other loans 112,500 -
Other creditors 321 521
Taxation and social security 50,472 21,820
171,054 28,876
Page 4
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8. Creditors: Amounts Falling Due After More Than One Year
31 July 2024 30 April 2023
£ £
Bank loans 388,283 35,953
Other creditors 279,639 249,128
667,922 285,081
9. Secured Creditors
The following bank loan amount is secured on the freehold properties. The director has provided personal gurantees to the amount of the bank loan.
31 July 2024 30 April 2023
£ £
Bank loans and overdrafts 360,500 -
10. Share Capital
31 July 2024 30 April 2023
£ £
Allotted, Called up and fully paid 1 1
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