Acorah Software Products - Accounts Production 16.3.350 false true false 4 October 2023 31 October 2024 31 October 2024 15185837 S J Lees S Bennett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15185837 2023-10-03 15185837 2024-10-31 15185837 2023-10-04 2024-10-31 15185837 frs-core:CurrentFinancialInstruments 2024-10-31 15185837 frs-core:ShareCapital 2024-10-31 15185837 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 15185837 frs-bus:PrivateLimitedCompanyLtd 2023-10-04 2024-10-31 15185837 frs-bus:FilletedAccounts 2023-10-04 2024-10-31 15185837 frs-bus:SmallEntities 2023-10-04 2024-10-31 15185837 frs-bus:AuditExempt-NoAccountantsReport 2023-10-04 2024-10-31 15185837 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-04 2024-10-31 15185837 frs-core:CostValuation 2023-10-03 15185837 frs-core:AdditionsToInvestments 2024-10-31 15185837 frs-core:CostValuation 2024-10-31 15185837 frs-core:ProvisionsForImpairmentInvestments 2023-10-03 15185837 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 15185837 frs-bus:Director1 2023-10-04 2024-10-31 15185837 frs-bus:Director1 2023-10-03 15185837 frs-bus:Director1 2024-10-31 15185837 frs-bus:Director2 2023-10-04 2024-10-31 15185837 frs-bus:Director2 2023-10-03 15185837 frs-bus:Director2 2024-10-31 15185837 frs-countries:EnglandWales 2023-10-04 2024-10-31
Registered number: 15185837
L&B Consultancy Services Ltd
Unaudited Financial Statements
For the Period 4 October 2023 to 31 October 2024
A K E Tax & Accountancy Ltd
Chartered Certified Accountants
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 15185837
31 October 2024
Notes £ £
FIXED ASSETS
Investments 4 653,361
653,361
CURRENT ASSETS
Debtors 5 1,775
Cash at bank and in hand 182,752
184,527
Creditors: Amounts Falling Due Within One Year 6 (750,539 )
NET CURRENT ASSETS (LIABILITIES) (566,012 )
TOTAL ASSETS LESS CURRENT LIABILITIES 87,349
NET ASSETS 87,349
CAPITAL AND RESERVES
Called up share capital 7 300
Profit and Loss Account 87,049
SHAREHOLDERS' FUNDS 87,349
For the period 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 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
S J Lees
Director
18 June 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
L&B Consultancy Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15185837 . The registered office is 224a High Street, Barnet, Hertfordshire, EN5 5SZ.
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. 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.
2.3. Debtors
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 recognised at transaction price including any transaction costs and subsequently measured atamortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.4. Creditors
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. Reporting period
These accounts present a period of more than one year, due to the fact that the company was incorporated on 04 October 2023 and the reporting date is 31 October 2024. Henceforth, the accounts will be prepared annually.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
Page 2
Page 3
4. Investments
Subsidiaries
£
Cost
As at 4 October 2023 -
Additions 653,361
As at 31 October 2024 653,361
Provision
As at 4 October 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 653,361
As at 4 October 2023 -
The investments above represents 100% of the issued share capital of Alan Cox & Associates Ltd, a company registered in England and Wales. The company also owns all the share capital of Lees Property & Design Ltd, SB-Architects Ltd and B & L Housing & Development Ltd. 
5. Debtors
31 October 2024
£
Due within one year
Amounts owed by group undertakings 1,475
Other debtors 300
1,775
6. Creditors: Amounts Falling Due Within One Year
31 October 2024
£
Amounts owed to group undertakings 224,321
Other creditors 526,200
Taxation and social security 18
750,539
7. Share Capital
31 October 2024
£
Allotted, Called up and fully paid 300
Page 3
Page 4
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 4 October 2023 Amounts advanced Amounts repaid Amounts written off As at 31 October 2024
£ £ £ £ £
Mr Stuart Lees - 17,578 17,458 - 120
Mr Sam Bennett - 150 - - 150
The above loan is unsecured, interest free and repayable on demand.
9. Related Party Transactions
S J Lees
The above is the director and shareholder of the company.
During the year, the director incurred expenses on behalf of the company and drew against his account.
At the balance sheet date, he owed £120 to the company.
No interest was charged on this loan during the period.
S Bennett
The above is the director and shareholder of the company.
During the year, the director incurred expenses on behalf of the company and drew against his account.
At the balance sheet date, he owed £150 to the company.
No interest was charged on this loan during the period.
A Lees
The above is a shareholder of the company.
At the balance sheet date the related party owed £30 to the company.
No interest has been charged on this loan during the period.
Alan Cox Associates Limited
The above is a wholly owned subsidiary.
At the balance sheet date the related party owed £40,000 to the company.
No interest has been charged on this loan during the year.
SB-Architects Limited
The above is a wholly owned subsidiary.
At the balance sheet date the related party was owed by the company £75,000.
No interest has been charged on this loan during the year.
Lees Architects LLP
The above is a related party due to the connected company being a member in the above.
During the period the LLP paid expenses on behalf of the related party and received repayments of loans.
At the balance sheet date the related party owed £1,475 to the company.
No interest has been charged on this loan during the period.
Lees Property and design Ltd
The above is a wholly owned subsidiary.
During the period the company paid expenses on behalf of the related party and received repayments of loans.
At the balance sheet date the related party was owed by the company £189,210 .
No interest has been charged on this loan during the period.
Page 4