Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 March 2025 31 March 2025 SC652943 Mr Colin Raskin Mr Bernard Goldberg Mrs Linda Sime iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC652943 2023-12-31 SC652943 2025-03-31 SC652943 2024-01-01 2025-03-31 SC652943 frs-core:CurrentFinancialInstruments 2025-03-31 SC652943 frs-core:Non-currentFinancialInstruments 2025-03-31 SC652943 frs-core:BetweenOneFiveYears 2025-03-31 SC652943 frs-core:ComputerEquipment 2025-03-31 SC652943 frs-core:ComputerEquipment 2024-01-01 2025-03-31 SC652943 frs-core:ComputerEquipment 2023-12-31 SC652943 frs-core:FurnitureFittings 2025-03-31 SC652943 frs-core:FurnitureFittings 2024-01-01 2025-03-31 SC652943 frs-core:FurnitureFittings 2023-12-31 SC652943 frs-core:MotorVehicles 2025-03-31 SC652943 frs-core:MotorVehicles 2024-01-01 2025-03-31 SC652943 frs-core:MotorVehicles 2023-12-31 SC652943 frs-core:PlantMachinery 2025-03-31 SC652943 frs-core:PlantMachinery 2024-01-01 2025-03-31 SC652943 frs-core:PlantMachinery 2023-12-31 SC652943 frs-core:WithinOneYear 2025-03-31 SC652943 frs-core:ShareCapital 2025-03-31 SC652943 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC652943 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2025-03-31 SC652943 frs-bus:FilletedAccounts 2024-01-01 2025-03-31 SC652943 frs-bus:SmallEntities 2024-01-01 2025-03-31 SC652943 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2025-03-31 SC652943 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2025-03-31 SC652943 frs-core:AcceleratedTaxDepreciationDeferredTax 2025-03-31 SC652943 frs-bus:Director1 2024-01-01 2025-03-31 SC652943 frs-bus:Director2 2024-01-01 2025-03-31 SC652943 frs-bus:Director3 2024-01-01 2025-03-31 SC652943 frs-core:CurrentFinancialInstruments 1 2025-03-31 SC652943 frs-countries:Scotland 2024-01-01 2025-03-31 SC652943 2022-12-31 SC652943 2023-12-31 SC652943 2023-01-01 2023-12-31 SC652943 frs-core:CurrentFinancialInstruments 2023-12-31 SC652943 frs-core:Non-currentFinancialInstruments 2023-12-31 SC652943 frs-core:BetweenOneFiveYears 2023-12-31 SC652943 frs-core:MotorVehicles 2023-01-01 2023-12-31 SC652943 frs-core:WithinOneYear 2023-12-31 SC652943 frs-core:ShareCapital 2023-12-31 SC652943 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC652943 frs-core:AcceleratedTaxDepreciationDeferredTax 2023-12-31 SC652943 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: SC652943
Lastlawn Projects Ltd
Unaudited Financial Statements
For the Period 1 January 2024 to 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC652943
31 March 2025 31 December 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 343,864 60,348
343,864 60,348
CURRENT ASSETS
Stocks 5 18,000 21,000
Debtors 6 204,754 45,640
Cash at bank and in hand 77,610 16,329
300,364 82,969
Creditors: Amounts Falling Due Within One Year 7 (926,128 ) (233,234 )
NET CURRENT ASSETS (LIABILITIES) (625,764 ) (150,265 )
TOTAL ASSETS LESS CURRENT LIABILITIES (281,900 ) (89,917 )
Creditors: Amounts Falling Due After More Than One Year 8 (40,190 ) (44,679 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (65,334 ) (11,466 )
NET LIABILITIES (387,424 ) (146,062 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account (387,524 ) (146,162 )
SHAREHOLDERS' FUNDS (387,424) (146,062)
Page 1
Page 2
For the period 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.
On behalf of the board
Mr Colin Raskin
Director
29/05/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lastlawn Projects Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC652943 . The registered office is 7 Colvilles Road, East Kilbride, Glasgow, G75 0RS.
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 financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence in the forseeable future. The validity of this assumption depends on the continued support of the company directors for the forthcoming year.
Current liabilities include a loan due to a director, this is repayable on demand. The director will not demand repayment of the loan due where this would impair the ability of the company to trade.
The directors believe that it is appropriate for the going concern basis to be used.
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:
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 20% Reducing Balance
2.4. 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 profit and loss account 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 profit and loss account as incurred.
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.
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2.6. Financial Instruments
The company only has basic financial instruments.
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised costs using the effective interest method.
2.7. 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 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 period, 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 18 (2023: 5)
18 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 - 112,780 - 461 113,241
Additions 92,803 155,800 68,080 3,197 319,880
Disposals - (41,650 ) - - (41,650 )
As at 31 March 2025 92,803 226,930 68,080 3,658 391,471
Depreciation
As at 1 January 2024 - 52,589 - 304 52,893
Provided during the period 2,412 24,622 890 110 28,034
Disposals - (33,320 ) - - (33,320 )
As at 31 March 2025 2,412 43,891 890 414 47,607
Net Book Value
As at 31 March 2025 90,391 183,039 67,190 3,244 343,864
As at 1 January 2024 - 60,191 - 157 60,348
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Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
31 March 2025 31 December 2023
as restated
£ £
Motor Vehicles 72,406 51,861
5. Stocks
31 March 2025 31 December 2023
as restated
£ £
Stock 18,000 21,000
6. Debtors
31 March 2025 31 December 2023
as restated
£ £
Due within one year
Trade debtors 86,928 41,519
Prepayments and accrued income 1,267 -
Other debtors 14,218 4,121
VAT 37,007 -
139,420 45,640
Due after more than one year
Deferred tax current asset 65,334 -
204,754 45,640
7. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 December 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 20,296 15,681
Trade creditors 81,125 21,392
Bank loans and overdrafts 10,230 10,140
Other taxes and social security 16,831 15,328
VAT - 9,040
Other creditors - 168,548
Pension creditor 2,392 (8,787 )
Accruals and deferred income 3,561 1,892
Directors' loan accounts 791,693 -
926,128 233,234
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8. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 December 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 37,550 29,873
Bank loans 2,640 14,806
40,190 44,679
9. Obligations Under Finance Leases and Hire Purchase
31 March 2025 31 December 2023
as restated
£ £
The future minimum finance lease payments are as follows:
Not later than one year 20,296 15,681
Later than one year and not later than five years 37,550 29,873
57,846 45,554
57,846 45,554
10. Deferred Taxation
The provision for deferred tax is made up as follows:
31 March 2025 31 December 2023
as restated
£ £
Accelerated capital allowances 65,334 11,466
11. Share Capital
31 March 2025 31 December 2023
as restated
£ £
Allotted, Called up and fully paid 100 100
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