Acorah Software Products - Accounts Production 16.4.675 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 March 2025 31 March 2025 9935305 Mr Lorne Betts Mrs Jane Betts the directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9935305 2023-12-31 9935305 2025-03-31 9935305 2024-01-01 2025-03-31 9935305 frs-core:CurrentFinancialInstruments 2025-03-31 9935305 frs-core:Non-currentFinancialInstruments 2025-03-31 9935305 frs-core:MotorVehicles 2025-03-31 9935305 frs-core:MotorVehicles 2024-01-01 2025-03-31 9935305 frs-core:MotorVehicles 2023-12-31 9935305 frs-core:PlantMachinery 2025-03-31 9935305 frs-core:PlantMachinery 2024-01-01 2025-03-31 9935305 frs-core:PlantMachinery 2023-12-31 9935305 frs-core:ShareCapital 2025-03-31 9935305 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 9935305 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2025-03-31 9935305 frs-bus:FilletedAccounts 2024-01-01 2025-03-31 9935305 frs-bus:SmallEntities 2024-01-01 2025-03-31 9935305 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2025-03-31 9935305 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2025-03-31 9935305 frs-bus:OrdinaryShareClass1 2024-01-01 2025-03-31 9935305 frs-bus:OrdinaryShareClass1 2025-03-31 9935305 1 2024-01-01 2025-03-31 9935305 frs-bus:Director1 2024-01-01 2025-03-31 9935305 frs-bus:Director2 2024-01-01 2025-03-31 9935305 frs-countries:EnglandWales 2024-01-01 2025-03-31 9935305 2022-12-31 9935305 2023-12-31 9935305 2023-01-01 2023-12-31 9935305 frs-core:CurrentFinancialInstruments 2023-12-31 9935305 frs-core:Non-currentFinancialInstruments 2023-12-31 9935305 frs-core:ShareCapital 2023-12-31 9935305 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 9935305 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 9935305
Lorne Betts Rivers Engineering Ltd
Unaudited Financial Statements
For the Period 1 January 2024 to 31 March 2025
Graver & Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 9935305
31 March 2025 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 987 1,433
987 1,433
CURRENT ASSETS
Stocks 1,300 1,300
Debtors 4 872 2,216
Cash at bank and in hand 3,691 10,803
5,863 14,319
Creditors: Amounts Falling Due Within One Year 5 (1,370 ) (1,530 )
NET CURRENT ASSETS (LIABILITIES) 4,493 12,789
TOTAL ASSETS LESS CURRENT LIABILITIES 5,480 14,222
Creditors: Amounts Falling Due After More Than One Year 6 (32,080 ) (25,861 )
NET LIABILITIES (26,600 ) (11,639 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (26,700 ) (11,739 )
SHAREHOLDERS' FUNDS (26,600) (11,639)
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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 Lorne Betts
Director
20th June 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2. Going Concern Disclosure
The company ceased trading on 31st March 2025, additionally the liabilities exceed the asset value, and therefore the going concern basis may not be appropriate. In view of the type and value of assets and liabilities no valuation adjustment was required.
1.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. All income is derived from activities within the UK.
1.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 25% reducing balance
Motor Vehicles 25% reducing balance
1.5. 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.
1.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2. Average Number of Employees
Average number of employees, including directors, during the period was:
31 March 2025 31 December 2023
Office and administration 1 2
1 2
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3. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2024 7,961 1,651 9,612
As at 31 March 2025 7,961 1,651 9,612
Depreciation
As at 1 January 2024 6,695 1,484 8,179
Provided during the period 394 52 446
As at 31 March 2025 7,089 1,536 8,625
Net Book Value
As at 31 March 2025 872 115 987
As at 1 January 2024 1,266 167 1,433
4. Debtors
31 March 2025 31 December 2023
£ £
Due within one year
Trade debtors 134 1,380
Prepayments and accrued income 636 836
Corporation tax recoverable assets 102 -
872 2,216
5. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 December 2023
£ £
Trade creditors 1,370 1,428
Corporation tax - 102
1,370 1,530
6. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 December 2023
£ £
Directors loan account 32,080 25,861
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7. Share Capital
31 March 2025 31 December 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1 each 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party are the directors by virtue of their ownership of 100% of the issued share capital in the company.
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