Acorah Software Products - Accounts Production 16.4.675 false true true false 3 December 2023 31 December 2024 31 December 2024 15324652 Mrs Rebecca Simms Mr Paul Simms Mr Sylvain Lourgouilloux Mr Steve Radjen Mr Michael Steer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15324652 2023-12-02 15324652 2024-12-31 15324652 2023-12-03 2024-12-31 15324652 frs-core:CurrentFinancialInstruments 2024-12-31 15324652 frs-core:Non-currentFinancialInstruments 2024-12-31 15324652 frs-core:BetweenOneFiveYears 2024-12-31 15324652 frs-core:ComputerEquipment 2024-12-31 15324652 frs-core:ComputerEquipment 2023-12-03 2024-12-31 15324652 frs-core:ComputerEquipment 2023-12-02 15324652 frs-core:WithinOneYear 2024-12-31 15324652 frs-core:ShareCapital 2024-12-31 15324652 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15324652 frs-bus:PrivateLimitedCompanyLtd 2023-12-03 2024-12-31 15324652 frs-bus:FilletedAccounts 2023-12-03 2024-12-31 15324652 frs-bus:SmallEntities 2023-12-03 2024-12-31 15324652 frs-bus:AuditExempt-NoAccountantsReport 2023-12-03 2024-12-31 15324652 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-03 2024-12-31 15324652 frs-bus:Director1 2023-12-03 2024-12-31 15324652 frs-bus:Director2 2023-12-03 2024-12-31 15324652 frs-bus:Director3 2023-12-03 2024-12-31 15324652 frs-bus:Director4 2023-12-03 2024-12-31 15324652 frs-bus:Director5 2023-12-03 2024-12-31 15324652 frs-countries:EnglandWales 2023-12-03 2024-12-31
Registered number: 15324652
Lab Digital Services Limited
Unaudited Financial Statements
For the Period 3 December 2023 to 31 December 2024
The Wow Company UK Ltd
3rd Floor, 86-90 Paul Street
London
EC2A 4NE
Lab Digital Services Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Lab Digital Services Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 15324652

| 31 December 2024
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 5,255
|  |  | 5,255
CURRENT ASSETS
Debtors | 5 | 142,434 |
Cash at bank and in hand |  | 247,451 |
|  | 389,885 |
Creditors: Amounts Falling Due Within One Year | 6 | (283,594 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 106,291
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 111,546
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (185,481 )
NET LIABILITIES |  |  | (73,935 )
CAPITAL AND RESERVES
Called up share capital |  |  | 1,000
Profit and Loss Account |  |  | (74,935 )
SHAREHOLDERS' FUNDS |  |  | (73,935)

Page 1
Page 2
Lab Digital Services Limited
Balance Sheet (continued)
As At 31 December 2024
For the period ending 31 December 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

Mr Paul Simms Director
1 September 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Lab Digital Services Limited
Notes to the Financial Statements
For the Period 3 December 2023 to 31 December 2024
Notes to the Financial Statements
1. General Information
Lab Digital Services Limited is a private company, limited by shares and incorporated in England & Wales. The registered company number is 15324652 and the registered office address is 3rd Floor, Kestrel House, Knightrider Street, Maidstone, Kent, England, ME15 6LU.
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 believe the company to be a going concern and will continue to give their support to the company over the next 12 months.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the provision of services and is recogonised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.
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:

Computer equipment | 25% straight line

2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets.
Assets acquired under hire purchase contracts are depreciated over their useful lives.
Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company.
Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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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Lab Digital Services Limited
Notes to the Financial Statements (continued)
For the Period 3 December 2023 to 31 December 2024
2.7. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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
Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 17
17
4. Tangible Assets

| Computer equipment
--- | ---
| £
Cost
As at 3 December 2023 | -
Additions | 5,594
As at 31 December 2024 | 5,594
Depreciation
As at 3 December 2023 | -
Provided during the period | 339
As at 31 December 2024 | 339
Net Book Value
As at 31 December 2024 | 5,255
As at 3 December 2023 | -

Page 4
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Lab Digital Services Limited
Notes to the Financial Statements (continued)
For the Period 3 December 2023 to 31 December 2024
5. Debtors

| 31 December 2024
--- | ---
| £
Due within one year
Trade debtors | 119,799
Other debtors | 22,635
| 142,434

6. Creditors: Amounts Falling Due Within One Year

| 31 December 2024
--- | ---
| £
Trade creditors | 41,571
Bank loans and overdrafts | 43,302
Amounts owed to group undertakings | 3,518
Other creditors | 82,691
Taxation and social security | 112,512
| 283,594

7. Creditors: Amounts Falling Due After More Than One Year

| 31 December 2024
--- | ---
| £
Bank loans | 185,481

8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 31 December 2024
--- | ---
| £
Not later than one year | 2,126
Later than one year and not later than five years | 503
| 2,629

9. Related Party Transactions
The amount due to the related party at the year end was £232,301.
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