Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 10275072 Mr J R Cunningham Mr N J Feltham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10275072 2023-07-31 10275072 2024-07-31 10275072 2023-08-01 2024-07-31 10275072 frs-core:CurrentFinancialInstruments 2024-07-31 10275072 frs-core:ComputerEquipment 2024-07-31 10275072 frs-core:ComputerEquipment 2023-08-01 2024-07-31 10275072 frs-core:ComputerEquipment 2023-07-31 10275072 frs-core:NetGoodwill 2024-07-31 10275072 frs-core:NetGoodwill 2023-08-01 2024-07-31 10275072 frs-core:NetGoodwill 2023-07-31 10275072 frs-core:MotorVehicles 2024-07-31 10275072 frs-core:MotorVehicles 2023-08-01 2024-07-31 10275072 frs-core:MotorVehicles 2023-07-31 10275072 frs-core:WithinOneYear 2024-07-31 10275072 frs-core:ShareCapital 2024-07-31 10275072 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10275072 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10275072 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10275072 frs-bus:SmallEntities 2023-08-01 2024-07-31 10275072 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10275072 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10275072 frs-core:CostValuation 2023-07-31 10275072 frs-core:AdditionsToInvestments 2024-07-31 10275072 frs-core:CostValuation 2024-07-31 10275072 frs-core:ProvisionsForImpairmentInvestments 2023-07-31 10275072 frs-core:ProvisionsForImpairmentInvestments 2024-07-31 10275072 frs-bus:Director1 2023-08-01 2024-07-31 10275072 frs-bus:Director2 2023-08-01 2024-07-31 10275072 frs-countries:EnglandWales 2023-08-01 2024-07-31 10275072 2022-07-31 10275072 2023-07-31 10275072 2022-08-01 2023-07-31 10275072 frs-core:CurrentFinancialInstruments 2023-07-31 10275072 frs-core:WithinOneYear 2023-07-31 10275072 frs-core:ShareCapital 2023-07-31 10275072 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 10275072
Landall Services Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—6
Page 1
Statement of Financial Position
Registered number: 10275072
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 69,532 828
Investments 6 3,579,229 1,774,669
3,648,761 1,775,497
CURRENT ASSETS
Stocks 7 244,382 138,397
Debtors 8 2,355,017 1,477,870
Cash at bank and in hand 4,322,920 5,606,360
6,922,319 7,222,627
Creditors: Amounts Falling Due Within One Year 9 (1,346,863 ) (1,453,114 )
NET CURRENT ASSETS (LIABILITIES) 5,575,456 5,769,513
TOTAL ASSETS LESS CURRENT LIABILITIES 9,224,217 7,545,010
NET ASSETS 9,224,217 7,545,010
CAPITAL AND RESERVES
Called up share capital 10 100 100
Income Statement 9,224,117 7,544,910
SHAREHOLDERS' FUNDS 9,224,217 7,545,010
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
Mr N J Feltham
Director
30/04/2025
The notes on pages 2 to 6 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Landall Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10275072 . The registered office is Unit 3, Bradmere House, Brook Way, Leatherhead, Surrey, KT22 7NA.
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.
The company is a parent company and is exempt from the requirement to prepare group accounts by virtue of section 399 of the Companies Act 2006. These financial statements therefore present information about the company as an individual undertaking and not about its group.
Presentational Currency
The accounts are presented in and rounded to the nearest £1 sterling.
2.2. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation is calculated on straight line method over 3 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at 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 is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives, using the straight-line basis:
Motor Vehicles 3 years straight line
Computer Equipment 3 years straight line
2.5. 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.
2.6. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Page 2
Page 3
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. Taxation
Corporation 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 year, 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.
2.9. Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
2.10. Pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the Statement of lncome and Retained Earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.
2.11. Operating leases: the Company as the lessee
Rentals paid under operating leases are charged to the Statement of lncome and Retained Earnings on a straight line basis over the lease term.
Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2023: 15)
16 15
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2023 156,197
As at 31 July 2024 156,197
Amortisation
As at 1 August 2023 156,197
As at 31 July 2024 156,197
Net Book Value
As at 31 July 2024 -
As at 1 August 2023 -
5. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 - 106,314 106,314
Additions 77,850 2,907 80,757
Disposals - (5,786 ) (5,786 )
As at 31 July 2024 77,850 103,435 181,285
Depreciation
As at 1 August 2023 - 105,486 105,486
Provided during the period 10,863 1,190 12,053
Disposals - (5,786 ) (5,786 )
As at 31 July 2024 10,863 100,890 111,753
Net Book Value
As at 31 July 2024 66,987 2,545 69,532
As at 1 August 2023 - 828 828
6. Investments
Subsidiaries
£
Cost
As at 1 August 2023 1,774,669
Additions 1,804,560
As at 31 July 2024 3,579,229
Provision
As at 1 August 2023 -
As at 31 July 2024 -
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 July 2024 3,579,229
As at 1 August 2023 1,774,669
7. Stocks
2024 2023
£ £
Finished goods 244,382 138,397
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 605,311 386,940
Prepayments and accrued income 409,029 215,175
Other debtors 1,340,677 863,586
Amounts owed by group undertakings - 12,169
2,355,017 1,477,870
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 306,957 386,813
Corporation tax 358,209 562,231
Other taxes and social security 20,747 8,131
VAT 93,452 229,294
Other creditors 469,803 5,581
Accruals and deferred income 97,695 257,100
Directors' loan accounts - 3,964
1,346,863 1,453,114
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 13,535 10,500
13,535 10,500
Page 5
Page 6
12. Related Party Transactions
During the year a director was advanced a further £340,437. This resulted in the amounts owed at the balance sheet date of £1,000,962 (2023 : £642,763) to the Company. Interest is charged at the HMRC approved rate and is repayable on demand.

During the year a director was advanced £75. At the balance sheet date a director owed £75 to the Company (Owed from 2023 : £3,964) . The loan is provided interest free and is repayable on demand.
Page 6