Acorah Software Products - Accounts Production 16.4.675 false true true 31 August 2024 1 September 2023 false 1 September 2024 30 April 2025 30 April 2025 09752474 Mr N Gurianov iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09752474 2024-08-31 09752474 2025-04-30 09752474 2024-09-01 2025-04-30 09752474 frs-core:CurrentFinancialInstruments 2025-04-30 09752474 frs-core:ComputerEquipment 2025-04-30 09752474 frs-core:ComputerEquipment 2024-09-01 2025-04-30 09752474 frs-core:ComputerEquipment 2024-08-31 09752474 frs-core:FurnitureFittings 2025-04-30 09752474 frs-core:FurnitureFittings 2024-09-01 2025-04-30 09752474 frs-core:FurnitureFittings 2024-08-31 09752474 frs-core:PlantMachinery 2025-04-30 09752474 frs-core:PlantMachinery 2024-09-01 2025-04-30 09752474 frs-core:PlantMachinery 2024-08-31 09752474 frs-core:ShareCapital 2025-04-30 09752474 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 09752474 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-04-30 09752474 frs-bus:FilletedAccounts 2024-09-01 2025-04-30 09752474 frs-bus:SmallEntities 2024-09-01 2025-04-30 09752474 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-04-30 09752474 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-04-30 09752474 frs-bus:Director1 2024-09-01 2025-04-30 09752474 frs-countries:EnglandWales 2024-09-01 2025-04-30 09752474 2023-08-31 09752474 2024-08-31 09752474 2023-09-01 2024-08-31 09752474 frs-core:CurrentFinancialInstruments 2024-08-31 09752474 frs-core:ShareCapital 2024-08-31 09752474 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 09752474
Lion & Fox Limited
Unaudited Financial Statements
For the Period 1 September 2024 to 30 April 2025
Goldwyns London LLP
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 09752474
30 April 2025 31 August 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 - 15,185
- 15,185
CURRENT ASSETS
Debtors 5 11,725 62,729
Cash at bank and in hand 19,917 2,893
31,642 65,622
Creditors: Amounts Falling Due Within One Year 6 (19,000 ) (655,856 )
NET CURRENT ASSETS (LIABILITIES) 12,642 (590,234 )
TOTAL ASSETS LESS CURRENT LIABILITIES 12,642 (575,049 )
NET ASSETS/(LIABILITIES) 12,642 (575,049 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 12,641 (575,050 )
SHAREHOLDERS' FUNDS 12,642 (575,049)
For the period ending 30 April 2025 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 N Gurianov
Director
28/08/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
These financial statements are prepared in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
The principle accounting polices adopted are set below
1.2. Going Concern Disclosure
The directors believe that the going concern basis is not appropriate as the company has no realistic alternative but to cease trading.
1.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
1.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery 15% SLM
Fixtures & Fittings 15% SLM
Computer Equipment 25% SLM
Tangible assets are initially recorded at cost and subsequently stated at cost less accumulated depreciation and impairment losses.
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. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
1.7. Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
1.8. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9. Critical Accounting Judgements and Key Sources of Estimation Uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.
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Page 3
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2024: 2)
2 2
3. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2024 43,444 4,074 2,243 49,761
Disposals (43,444 ) (4,074 ) (2,243 ) (49,761 )
As at 30 April 2025 - - - -
Depreciation
As at 1 September 2024 28,878 3,455 2,243 34,576
Provided during the period 4,344 407 - 4,751
Disposals (33,222 ) (3,862 ) (2,243 ) (39,327 )
As at 30 April 2025 - - - -
Net Book Value
As at 30 April 2025 - - - -
As at 1 September 2024 14,566 619 - 15,185
4. Stocks
30 April 2025 31 August 2024
£ £
5. Debtors
30 April 2025 31 August 2024
£ £
Due within one year
Other debtors 11,725 62,729
11,725 62,729
6. Creditors: Amounts Falling Due Within One Year
30 April 2025 31 August 2024
£ £
Trade creditors 13,000 36
Other creditors 6,000 655,820
19,000 655,856
7. Share Capital
30 April 2025 31 August 2024
£ £
Allotted, Called up and fully paid 1 1
The nominal value per share is £1 and as at the period-end there is 1 Ordinary share in issue.
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Page 4
8. General Information
Lion & Fox Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09752474 . The registered office is Unit 6 Northdowns Business Park, Limepit Lane, Sevenoaks, Kent, TN13 2TL.
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