Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09046470 Ms Geraldine Booth Mr Zhizhaxi Dan 1 Corn Market, Halifax, HX1 1TH true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09046470 2023-12-31 09046470 2024-12-31 09046470 2024-01-01 2024-12-31 09046470 frs-core:CurrentFinancialInstruments 2024-12-31 09046470 frs-core:BetweenOneFiveYears 2024-12-31 09046470 frs-core:ComputerEquipment 2024-01-01 2024-12-31 09046470 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 09046470 frs-core:MoreThanFiveYears 2024-12-31 09046470 frs-core:MotorVehicles 2024-01-01 2024-12-31 09046470 frs-core:OtherResidualIntangibleAssets 2024-12-31 09046470 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 09046470 frs-core:OtherResidualIntangibleAssets 2023-12-31 09046470 frs-core:PlantMachinery 2024-12-31 09046470 frs-core:PlantMachinery 2024-01-01 2024-12-31 09046470 frs-core:PlantMachinery 2023-12-31 09046470 frs-core:WithinOneYear 2024-12-31 09046470 frs-core:ShareCapital 2024-12-31 09046470 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09046470 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09046470 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09046470 frs-bus:SmallEntities 2024-01-01 2024-12-31 09046470 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09046470 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09046470 1 2024-01-01 2024-12-31 09046470 frs-bus:Director1 2024-01-01 2024-12-31 09046470 frs-bus:Director2 2024-01-01 2024-12-31 09046470 frs-countries:EnglandWales 2024-01-01 2024-12-31 09046470 2022-12-31 09046470 2023-12-31 09046470 2023-01-01 2023-12-31 09046470 frs-core:CurrentFinancialInstruments 2023-12-31 09046470 frs-core:BetweenOneFiveYears 2023-12-31 09046470 frs-core:MoreThanFiveYears 2023-12-31 09046470 frs-core:WithinOneYear 2023-12-31 09046470 frs-core:ShareCapital 2023-12-31 09046470 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09046470
Little Lotus Ltd
Financial Statements
For The Year Ended 31 December 2024
Little Lotus Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Little Lotus Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 09046470

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 2,222 |  | -
Tangible Assets | 5 |  | 142,135 |  | 65,566
|  |  | 144,357 |  | 65,566
CURRENT ASSETS
Stocks | 6 | 7,000 |  | 4,525 |
Debtors | 7 | 579,091 |  | 398,506 |
Cash at bank and in hand |  | 299,716 |  | 318,520 |
|  | 885,807 |  | 721,551 |
Creditors: Amounts Falling Due Within One Year | 8 | (240,823 ) |  | (164,794 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 644,984 |  | 556,757
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 789,341 |  | 622,323
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (27,006 ) |  | (12,458 )
NET ASSETS |  |  | 762,335 |  | 609,865
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | 762,235 |  | 609,765
SHAREHOLDERS' FUNDS |  |  | 762,335 |  | 609,865

Page 1
Page 2
Little Lotus Ltd
Balance Sheet (continued)
As At 31 December 2024
For the year 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

Ms Geraldine Booth Director | Mr Zhizhaxi Dan Director
4 July 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Little Lotus Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Little Lotus Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09046470 . The registered office is 1 Corn Market, Halifax, HX1 1TH.
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. 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 the capitalisation of the stamp duty on assignment of a 10 year lease. It is amortised to the profit and loss account over its estimated economic life of 10 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:

Plant & Machinery | 20% on a reducing balance
Motor Vehicles | 25% on reducing balance
Computer Equipment | 33% on cost

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 finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over 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. 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.
Page 3
Page 4
Little Lotus Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.7. 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 42 (2023: 38)
42 38
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 January 2024 | -
Additions | 2,469
As at 31 December 2024 | 2,469
Amortisation
As at 1 January 2024 | -
Provided during the period | 247
As at 31 December 2024 | 247

...CONTINUED
Page 4
Page 5
Little Lotus Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024 | 2,222
As at 1 January 2024 | -

5. Tangible Assets

| Plant & Machinery etc.
--- | ---
| £
Cost
As at 1 January 2024 | 140,352
Additions | 117,330
As at 31 December 2024 | 257,682
Depreciation
As at 1 January 2024 | 74,786
Provided during the period | 40,761
As at 31 December 2024 | 115,547
Net Book Value
As at 31 December 2024 | 142,135
As at 1 January 2024 | 65,566

6. Stocks

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Stock | 7,000 |  | 4,525

7. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 22,055 |  | 10,808
Amounts owed by group undertakings | 98 |  | 98
Other debtors | 29,893 |  | 38,349
| 52,046 |  | 49,255
Due after more than one year
Other debtors | 527,045 |  | 349,251
| 579,091 |  | 398,506

8. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 78,405 |  | 44,198
Other creditors | 33,576 |  | 22,862
Taxation and social security | 128,842 |  | 97,734
| 240,823 |  | 164,794

Page 5
Page 6
Little Lotus Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
9. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

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

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Not later than one year | 72,274 |  | 56,692
Later than one year and not later than five years | 194,331 |  | -
Later than five years | 40,096 |  | -
| 306,701 |  | 56,692

11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Norbu Enterprises Ltd . Norbu Enterprises Ltd was incorporated in England and Wales. Copies of the group accounts may be obtained from the secretary, 1 Corn Market, Halifax, HX1 1TH . The ultimate controlling party is who controls 100% of the shares of Little Lotus Ltd .
Page 6