Acorah Software Products - Accounts Production 16.3.350 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 SC384976 Mr Dermid Laughran Mrs Michelle Laughran Dermid Laughran and Michelle Laughran true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC384976 2023-09-30 SC384976 2024-09-30 SC384976 2023-10-01 2024-09-30 SC384976 frs-core:CurrentFinancialInstruments 2024-09-30 SC384976 frs-core:Non-currentFinancialInstruments 2024-09-30 SC384976 frs-core:ComputerEquipment 2024-09-30 SC384976 frs-core:ComputerEquipment 2023-10-01 2024-09-30 SC384976 frs-core:ComputerEquipment 2023-09-30 SC384976 frs-core:FurnitureFittings 2024-09-30 SC384976 frs-core:FurnitureFittings 2023-10-01 2024-09-30 SC384976 frs-core:FurnitureFittings 2023-09-30 SC384976 frs-core:NetGoodwill 2024-09-30 SC384976 frs-core:NetGoodwill 2023-10-01 2024-09-30 SC384976 frs-core:NetGoodwill 2023-09-30 SC384976 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 SC384976 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC384976 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 SC384976 frs-core:MotorVehicles 2024-09-30 SC384976 frs-core:MotorVehicles 2023-10-01 2024-09-30 SC384976 frs-core:MotorVehicles 2023-09-30 SC384976 frs-core:PlantMachinery 2024-09-30 SC384976 frs-core:PlantMachinery 2023-10-01 2024-09-30 SC384976 frs-core:PlantMachinery 2023-09-30 SC384976 frs-core:ShareCapital 2024-09-30 SC384976 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC384976 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC384976 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 SC384976 frs-bus:SmallEntities 2023-10-01 2024-09-30 SC384976 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC384976 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC384976 1 2023-10-01 2024-09-30 SC384976 frs-bus:Director1 2023-10-01 2024-09-30 SC384976 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 SC384976 frs-countries:Scotland 2023-10-01 2024-09-30 SC384976 2022-09-30 SC384976 2023-09-30 SC384976 2022-10-01 2023-09-30 SC384976 frs-core:CurrentFinancialInstruments 2023-09-30 SC384976 frs-core:Non-currentFinancialInstruments 2023-09-30 SC384976 frs-core:ShareCapital 2023-09-30 SC384976 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: SC384976
Lucky Orchid Flowers U.K Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: SC384976
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 600
Tangible Assets 5 58,192 61,918
58,192 62,518
CURRENT ASSETS
Stocks 6 1,704 1,212
Debtors 7 12,282 22,282
Cash at bank and in hand 113,387 96,938
127,373 120,432
Creditors: Amounts Falling Due Within One Year 8 (13,748 ) (10,309 )
NET CURRENT ASSETS (LIABILITIES) 113,625 110,123
TOTAL ASSETS LESS CURRENT LIABILITIES 171,817 172,641
Creditors: Amounts Falling Due After More Than One Year 9 - (8,237 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 12 (152 ) (426 )
NET ASSETS 171,665 163,978
CAPITAL AND RESERVES
Called up share capital 13 100 100
Income Statement 171,565 163,878
SHAREHOLDERS' FUNDS 171,665 163,978
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Page 2
For the year ending 30 September 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 his 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 Dermid Laughran
Director
14/05/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Lucky Orchid Flowers U.K Limited is a private company, limited by shares, incorporated in Scotland, registered number SC384976 . The registered office is 38-40 Calder Street Calder Street, Coatbridge, North Lanarkshire, ML5 4EX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less 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% straight line
Plant & Machinery 2% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 15% straight line
Computer Equipment 25% straight line
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.
2.7. 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.
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2.8. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Sales, marketing and distribution 2 2
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2023 3,000
As at 30 September 2024 3,000
Amortisation
As at 1 October 2023 2,400
Provided during the period 600
As at 30 September 2024 3,000
...CONTINUED
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Net Book Value
As at 30 September 2024 -
As at 1 October 2023 600
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 October 2023 70,801 10,039 13,769 3,578
Additions - - - -
As at 30 September 2024 70,801 10,039 13,769 3,578
Depreciation
As at 1 October 2023 11,996 7,421 13,769 3,578
Provided during the period 1,416 2,509 - -
As at 30 September 2024 13,412 9,930 13,769 3,578
Net Book Value
As at 30 September 2024 57,389 109 - -
As at 1 October 2023 58,805 2,618 - -
Computer Equipment Total
£ £
Cost
As at 1 October 2023 3,608 101,795
Additions 535 535
As at 30 September 2024 4,143 102,330
Depreciation
As at 1 October 2023 3,113 39,877
Provided during the period 336 4,261
As at 30 September 2024 3,449 44,138
Net Book Value
As at 30 September 2024 694 58,192
As at 1 October 2023 495 61,918
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
6. Stocks
2024 2023
£ £
Finished goods 1,704 1,212
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7. Debtors
2024 2023
£ £
Due within one year
Other debtors 12,282 22,282
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 5,227 3,600
Corporation tax 3,347 1,836
VAT 3,823 2,880
Accruals and deferred income 1,251 1,150
Director's loan account 100 843
13,748 10,309
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 8,237
10. Secured Creditors
Of the creditors the following amounts are secured.
12. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 152 426
13. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
14. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Dermid Laughran 1,000 -
15. Related Party Transactions
The company is owed £23,000 (2021: £23,000) from CNE Property Ltd, a company under common control.
16. Ultimate Controlling Party
The company's ultimate controlling party is Dermid Laughran and Michelle Laughran by virtue of his ownership of 100% of the issued share capital in the company.
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