Acorah Software Products - Accounts Production 16.4.675 false true true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 13847233 Mr. Ashley Harrison Mr. Ashley Harrison true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13847233 2024-01-31 13847233 2025-01-31 13847233 2024-02-01 2025-01-31 13847233 frs-core:CurrentFinancialInstruments 2025-01-31 13847233 frs-core:PlantMachinery 2025-01-31 13847233 frs-core:PlantMachinery 2024-02-01 2025-01-31 13847233 frs-core:PlantMachinery 2024-01-31 13847233 frs-core:ShareCapital 2025-01-31 13847233 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 13847233 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13847233 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 13847233 frs-bus:SmallEntities 2024-02-01 2025-01-31 13847233 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 13847233 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 13847233 1 2024-02-01 2025-01-31 13847233 frs-bus:Director1 2024-02-01 2025-01-31 13847233 frs-countries:EnglandWales 2024-02-01 2025-01-31 13847233 2023-01-31 13847233 2024-01-31 13847233 2023-02-01 2024-01-31 13847233 frs-core:CurrentFinancialInstruments 2024-01-31 13847233 frs-core:ShareCapital 2024-01-31 13847233 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 13847233
Lymington Rib Company Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Inchmead Accountants
100 Berkshire Place
Winnersh
Wokingham
RG41 5RD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13847233
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 82,987 24,300
82,987 24,300
CURRENT ASSETS
Cash at bank and in hand 8,630 4,194
8,630 4,194
Creditors: Amounts Falling Due Within One Year 5 (111,411 ) (31,340 )
NET CURRENT ASSETS (LIABILITIES) (102,781 ) (27,146 )
TOTAL ASSETS LESS CURRENT LIABILITIES (19,794 ) (2,846 )
NET LIABILITIES (19,794 ) (2,846 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (19,894 ) (2,946 )
SHAREHOLDERS' FUNDS (19,794) (2,846)
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 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. Ashley Harrison
Director
2 September 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
Lymington Rib Company Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13847233 . The registered office is 9 Butts Hill Road, Woodley, Reading, Berkshire, RG5 4NJ.
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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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 rental of the company's plant and equipment. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rental of plant and equipment
Turnover from the renting of plant and equipment is recognised when received, at the value received after providing for discounts, value added taxes. 
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:
Plant & Machinery 10 years straight line
No accumulated depreication is provided for in the year of acquisition.
2.5. 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 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 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 1 (2024: 1)
1 1
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 February 2024 27,000
Additions 64,000
As at 31 January 2025 91,000
Depreciation
As at 1 February 2024 2,700
Provided during the period 5,313
As at 31 January 2025 8,013
Net Book Value
As at 31 January 2025 82,987
As at 1 February 2024 24,300
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) -
Accruals and deferred income 1,512 1,440
Director's loan account 29,900 29,900
Amounts owed to group undertakings 80,000 -
111,411 31,340
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
7. Ultimate Controlling Party
The company's ultimate controlling party is Mr. Ashley Harrison by virtue of his ownership of 100% of the issued share capital in the company.
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