Acorah Software Products - Accounts Production 16.4.675 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 13512041 James Holmes Bernard Sumner James Holmes true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13512041 2023-07-31 13512041 2024-07-31 13512041 2023-08-01 2024-07-31 13512041 frs-core:CurrentFinancialInstruments 2024-07-31 13512041 frs-core:ShareCapital 2024-07-31 13512041 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 13512041 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 13512041 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 13512041 frs-bus:SmallEntities 2023-08-01 2024-07-31 13512041 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 13512041 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 13512041 1 2023-08-01 2024-07-31 13512041 frs-bus:Director1 2023-08-01 2024-07-31 13512041 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 13512041 frs-countries:EnglandWales 2023-08-01 2024-07-31 13512041 2022-07-31 13512041 2023-07-31 13512041 2022-08-01 2023-07-31 13512041 frs-core:CurrentFinancialInstruments 2023-07-31 13512041 frs-core:ShareCapital 2023-07-31 13512041 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 13512041
LPB Roof Spaces Developments Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13512041
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 159,001 159,001
Cash at bank and in hand 49 4
159,050 159,005
Creditors: Amounts Falling Due Within One Year 5 (200,714 ) (192,729 )
NET CURRENT ASSETS (LIABILITIES) (41,664 ) (33,724 )
TOTAL ASSETS LESS CURRENT LIABILITIES (41,664 ) (33,724 )
NET LIABILITIES (41,664 ) (33,724 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (41,665 ) (33,725 )
SHAREHOLDERS' FUNDS (41,664) (33,724)
For the year ending 31 July 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
James Holmes
Director
06/08/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
LPB Roof Spaces Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13512041 . The registered office is First Floor, 85 Great Portland Street, London, W1W 7LT.
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. Going Concern Disclosure
The directors have prepared these accounts on the going concern basis.
The company's parent company, Auchroisk Holdings Limited, has agreed to provide financial support to the company to enable it to meet its liabilities as they fall due and has given an undertaking to the bondholders to provide security for their investments equal to the amounts of the bonds issued, up to £400,000.  This security is held by the directors of Auchroisk Holding Limited on behalf of that company.
2.3. Financial Instruments
Basic financial instrument transactions comprise trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares and are recognised at amortised cost using the effective interest method.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Called up share capital not paid 1 1
Amounts owed by other participating interests 159,000 159,000
159,001 159,001
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Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Secured bonds - current portion 164,000 164,000
Other creditors 8,492 8,142
Amounts owed to related parties 28,222 20,587
200,714 192,729
During the a period the company issued 10% LPB Roof Spaces Developments Limited bonds to the general public.  These bonds are secured by the company's parent company, Auchroisk Holdings Limited.
6. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 1 1
Amount of Allotted, Called Up Share Capital 1 1
7. Ultimate Controlling Party
The company's parent company is Auchroisk Holdings Limited and the ultimate controlling party is James Holmes by virtue of his ownership of the majority of the shares of Auchroisk Holdings Limited.
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