Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 07395426 Mr Lenny Osman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07395426 2023-10-31 07395426 2024-10-31 07395426 2023-11-01 2024-10-31 07395426 frs-core:CurrentFinancialInstruments 2024-10-31 07395426 frs-core:ComputerEquipment 2024-10-31 07395426 frs-core:ComputerEquipment 2023-11-01 2024-10-31 07395426 frs-core:ComputerEquipment 2023-10-31 07395426 frs-core:ShareCapital 2024-10-31 07395426 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 07395426 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07395426 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 07395426 frs-bus:SmallEntities 2023-11-01 2024-10-31 07395426 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07395426 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 07395426 frs-bus:Director1 2023-11-01 2024-10-31 07395426 frs-bus:Director1 2023-10-31 07395426 frs-bus:Director1 2024-10-31 07395426 frs-countries:EnglandWales 2023-11-01 2024-10-31 07395426 2022-10-31 07395426 2023-10-31 07395426 2022-11-01 2023-10-31 07395426 frs-core:CurrentFinancialInstruments 2023-10-31 07395426 frs-core:ShareCapital 2023-10-31 07395426 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 07395426
Losman Limited
Financial Statements
For The Year Ended 31 October 2024
Losman Limited
Contents
Contents

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

Page 1
Losman Limited
Balance Sheet
As At 31 October 2024
Balance Sheet
Registered number: 07395426

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 478 |  | 637
|  |  | 478 |  | 637
CURRENT ASSETS
Debtors | 5 | 48,063 |  | 76,379 |
Cash at bank and in hand |  | 44,870 |  | 38,937 |
|  | 92,933 |  | 115,316 |
Creditors: Amounts Falling Due Within One Year | 6 | (93,239 ) |  | (88,273 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (306 ) |  | 27,043
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 172 |  | 27,680
NET ASSETS |  |  | 172 |  | 27,680
CAPITAL AND RESERVES
Called up share capital | 7 |  | 102 |  | 101
Profit and Loss Account |  |  | 70 |  | 27,579
SHAREHOLDERS' FUNDS |  |  | 172 |  | 27,680

Page 1
Page 2
Losman Limited
Balance Sheet (continued)
As At 31 October 2024
For the year ending 31 October 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 Lenny Osman Director
20 December 2024

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Losman Limited
Notes to the Financial Statements
For The Year Ended 31 October 2024
Notes to the Financial Statements
1. General Information
Losman Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07395426 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
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, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and 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:

Computer Equipment | 25% Reducing balance

2.4. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
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. 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.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 1 (2023: 1)
1 1
Page 3
Page 4
Losman Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2024
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 November 2023 | 849
As at 31 October 2024 | 849
Depreciation
As at 1 November 2023 | 212
Provided during the period | 159
As at 31 October 2024 | 371
Net Book Value
As at 31 October 2024 | 478
As at 1 November 2023 | 637

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 48,063 |  | 76,379

6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Other creditors | 2,220 |  | 1,620
Taxation and social security | 91,019 |  | 86,653
| 93,239 |  | 88,273

7. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 102 |  | 101

Page 4
Page 5
Losman Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2024
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 November 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 October 2024
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Lenny Osman | 57,106 | - | 21,104 | - | 36,002

The above loan is unsecured, interest free and repayable on demand.
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