Acorah Software Products - Accounts Production 16.3.350 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 06594997 Mr Nathaniel Rendell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06594997 2023-06-30 06594997 2024-06-30 06594997 2023-07-01 2024-06-30 06594997 frs-core:CurrentFinancialInstruments 2024-06-30 06594997 frs-core:Non-currentFinancialInstruments 2024-06-30 06594997 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 06594997 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06594997 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 06594997 frs-core:RevaluationReserve 2023-07-01 2024-06-30 06594997 frs-core:RevaluationReserve 2024-06-30 06594997 frs-core:ShareCapital 2024-06-30 06594997 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 06594997 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06594997 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 06594997 frs-bus:SmallEntities 2023-07-01 2024-06-30 06594997 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06594997 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06594997 frs-bus:Director1 2023-07-01 2024-06-30 06594997 frs-countries:EnglandWales 2023-07-01 2024-06-30 06594997 2022-06-30 06594997 2023-06-30 06594997 2022-07-01 2023-06-30 06594997 frs-core:CurrentFinancialInstruments 2023-06-30 06594997 frs-core:Non-currentFinancialInstruments 2023-06-30 06594997 frs-core:RevaluationReserve 2023-06-30 06594997 frs-core:ShareCapital 2023-06-30 06594997 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 06594997
Left of Centre Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Left of Centre Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Left of Centre Ltd
Balance Sheet
As At 30 June 2024
Balance Sheet
Registered number: 06594997

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,100,000 |  | 742,817
|  |  | 1,100,000 |  | 742,817
CURRENT ASSETS
Debtors | 5 | - |  | 4,865 |
Cash at bank and in hand |  | 438 |  | 409 |
|  | 438 |  | 5,274 |
Creditors: Amounts Falling Due Within One Year | 6 | (50,470 ) |  | (69,158 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (50,032 ) |  | (63,884 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,049,968 |  | 678,933
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (755,299 ) |  | (763,801 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (76,386 ) |  | -
NET ASSETS/(LIABILITIES) |  |  | 218,283 |  | (84,868 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Revaluation reserve | 9 |  | 229,157 |  | -
Profit and Loss Account |  |  | (10,974 ) |  | (84,968 )
SHAREHOLDERS' FUNDS |  |  | 218,283 |  | (84,868)

Page 1
Page 2
Left of Centre Ltd
Balance Sheet (continued)
As At 30 June 2024
For the year ending 30 June 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 Profit and Loss Account.
On behalf of the board

Mr Nathaniel Rendell Director
16 June 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Left of Centre Ltd
Notes to the Financial Statements
For The Year Ended 30 June 2024
Notes to the Financial Statements
1. General Information
Left of Centre Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06594997 . The registered office is 1 Horizon Park, Innovation Close, Poole, Dorset, BH12 4FP.
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 FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
These financial statements are presented in pound sterling which is the functional currency of the company.
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
Freehold Property is measured at fair value and not depreciated.

Freehold | NIL

2.4. Financial Instruments
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.5. 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.
...CONTINUED
Page 3
Page 4
Left of Centre Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2024
2.5. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets

| Land & Property
--- | ---
| Freehold
| £
Cost or Valuation
As at 1 July 2023 | 794,457
Revaluation | 305,543
As at 30 June 2024 | 1,100,000
Depreciation
As at 1 July 2023 | 51,640
Provided during the period | (51,640 )
As at 30 June 2024 | -
Net Book Value
As at 30 June 2024 | 1,100,000
As at 1 July 2023 | 742,817

Freehold property was revalued to current market value by the directors at 30 June 2024. The historical cost of the freehold property is £794,457 (2023 - £794,457)
5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 4,865

6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 2,575 |  | 1,752
Bank loans and overdrafts | 23,229 |  | 54,000
Amounts owed to group undertakings | - |  | 22
Other creditors | 8,981 |  | 10,414
Taxation and social security | 15,685 |  | 2,970
| 50,470 |  | 69,158

Page 4
Page 5
Left of Centre Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2024
7. Creditors: Amounts Falling Due After More Than One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 420,974 |  | 413,433
Amounts owed to group undertakings | 334,325 |  | 350,368
| 755,299 |  | 763,801

8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

9. Reserves

| Revaluation Reserve
--- | ---
| £
Surplus on revaluation | 229,157
As at 30 June 2024 | 229,157

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