Acorah Software Products - Accounts Production 16.4.675 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 09962492 Patrick Cooper Bryony Reynolds iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09962492 2024-01-31 09962492 2025-01-31 09962492 2024-02-01 2025-01-31 09962492 frs-core:CurrentFinancialInstruments 2025-01-31 09962492 frs-core:ComputerEquipment 2025-01-31 09962492 frs-core:ComputerEquipment 2024-02-01 2025-01-31 09962492 frs-core:ComputerEquipment 2024-01-31 09962492 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-02-01 2025-01-31 09962492 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 09962492 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09962492 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 09962492 frs-core:OtherResidualIntangibleAssets 2025-01-31 09962492 frs-core:OtherResidualIntangibleAssets 2024-02-01 2025-01-31 09962492 frs-core:OtherResidualIntangibleAssets 2024-01-31 09962492 frs-core:ShareCapital 2025-01-31 09962492 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 09962492 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09962492 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 09962492 frs-bus:SmallEntities 2024-02-01 2025-01-31 09962492 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 09962492 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 09962492 frs-bus:Director1 2024-02-01 2025-01-31 09962492 frs-bus:Director2 2024-02-01 2025-01-31 09962492 frs-countries:EnglandWales 2024-02-01 2025-01-31 09962492 2023-01-31 09962492 2024-01-31 09962492 2023-02-01 2024-01-31 09962492 frs-core:CurrentFinancialInstruments 2024-01-31 09962492 frs-core:ShareCapital 2024-01-31 09962492 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 09962492
Lucky Dip Online Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09962492
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,153 2,533
Tangible Assets 5 13,878 14,417
16,031 16,950
CURRENT ASSETS
Debtors 6 62,892 68,997
Cash at bank and in hand 670,695 565,526
733,587 634,523
Creditors: Amounts Falling Due Within One Year 7 (129,227 ) (145,005 )
NET CURRENT ASSETS (LIABILITIES) 604,360 489,518
TOTAL ASSETS LESS CURRENT LIABILITIES 620,391 506,468
PROVISIONS FOR LIABILITIES
Deferred Taxation (787 ) (909 )
NET ASSETS 619,604 505,559
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 619,504 505,459
SHAREHOLDERS' FUNDS 619,604 505,559
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For the year ending 31 January 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 Income Statement.
On behalf of the board
Patrick Cooper
Director
6 August 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Lucky Dip Online Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09962492 . The registered office is Fitzroy House, Crown Street, Ipswich, Suffolk, IP1 3LG.
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, 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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website development costs. They are amortised to income statement over its estimated economic life not exceeding ten years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any 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:
Freehold 5% on reducing balance
Computer and Office Equipment 25% on straight line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.6. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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 2 (2024: 2)
2 2
4. Intangible Assets
Other
£
Cost
As at 1 February 2024 9,158
As at 31 January 2025 9,158
Amortisation
As at 1 February 2024 6,625
Provided during the period 380
As at 31 January 2025 7,005
Net Book Value
As at 31 January 2025 2,153
As at 1 February 2024 2,533
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5. Tangible Assets
Land & Property
Freehold Computer and Office Equipment Total
£ £ £
Cost
As at 1 February 2024 14,302 4,450 18,752
Additions - 1,591 1,591
As at 31 January 2025 14,302 6,041 20,343
Depreciation
As at 1 February 2024 1,901 2,434 4,335
Provided during the period 620 1,510 2,130
As at 31 January 2025 2,521 3,944 6,465
Net Book Value
As at 31 January 2025 11,781 2,097 13,878
As at 1 February 2024 12,401 2,016 14,417
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 62,892 68,997
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,063 40
Other creditors 6,836 38,519
Taxation and social security 121,328 106,446
129,227 145,005
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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