Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 01235472 Mr C Mason Ms J Mason Mrs K Knight Mrs S Mason Ms A Oxley Mrs F Millwater Mason iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01235472 2024-03-31 01235472 2025-03-31 01235472 2024-04-01 2025-03-31 01235472 frs-core:Non-currentFinancialInstruments 2025-03-31 01235472 frs-core:FurnitureFittings 2024-04-01 2025-03-31 01235472 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 01235472 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01235472 frs-core:MotorVehicles 2024-04-01 2025-03-31 01235472 frs-core:PlantMachinery 2024-04-01 2025-03-31 01235472 frs-core:ShareCapital 2025-03-31 01235472 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 01235472 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01235472 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 01235472 frs-bus:SmallEntities 2024-04-01 2025-03-31 01235472 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01235472 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01235472 frs-bus:Director1 2024-04-01 2025-03-31 01235472 frs-bus:Director2 2024-04-01 2025-03-31 01235472 frs-bus:Director3 2024-04-01 2025-03-31 01235472 frs-bus:Director4 2024-04-01 2025-03-31 01235472 frs-bus:Director5 2024-04-01 2025-03-31 01235472 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 01235472 frs-countries:EnglandWales 2024-04-01 2025-03-31 01235472 2023-03-31 01235472 2024-03-31 01235472 2023-04-01 2024-03-31 01235472 frs-core:Non-currentFinancialInstruments 2024-03-31 01235472 frs-core:ShareCapital 2024-03-31 01235472 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 01235472
Cluny Lace Company Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
TCP Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 01235472
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 77,508 79,331
77,508 79,331
CURRENT ASSETS
Stocks 142,593 142,778
Debtors 218,139 276,982
Cash at bank and in hand 89,001 102,445
449,733 522,205
Creditors: Amounts Falling Due Within One Year (52,598 ) (118,216 )
NET CURRENT ASSETS (LIABILITIES) 397,135 403,989
TOTAL ASSETS LESS CURRENT LIABILITIES 474,643 483,320
Creditors: Amounts Falling Due After More Than One Year (3,531 ) (12,575 )
NET ASSETS 471,112 470,745
CAPITAL AND RESERVES
Called up share capital 5 24,000 24,000
Profit and Loss Account 447,112 446,745
SHAREHOLDERS' FUNDS 471,112 470,745
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For the year ending 31 March 2025 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr C Mason
Director
20 May 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Cluny Lace Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01235472 . The registered office is Belper St. Works, Ilkeston, Derbyshire, DE7 5FJ.
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 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. 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:
Freehold no depreciation
Leasehold no depreciation
Plant & Machinery 10% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 10% 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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was  7 (2024: 8)
7 8
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4. Tangible Assets
Total
£
Cost
As at 1 April 2024 402,377
Additions 3,932
As at 31 March 2025 406,309
Depreciation
As at 1 April 2024 323,046
Provided during the period 5,755
As at 31 March 2025 328,801
Net Book Value
As at 31 March 2025 77,508
As at 1 April 2024 79,331
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 24,000 24,000
6. Related Party Transactions
Leavers Lace LimitedThe companies are under common controlThere is an intercompany loan account. At the year end the balance was £175,142 (2024: £219,760) and this is included in Other Debtors.

Leavers Lace Limited

The companies are under common control

There is an intercompany loan account. At the year end the balance was £175,142 (2024: £219,760) and this is included in Other Debtors.

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