Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09773362 Mrs Lucy Quartermaine iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09773362 2023-12-31 09773362 2024-12-31 09773362 2024-01-01 2024-12-31 09773362 frs-core:CurrentFinancialInstruments 2024-12-31 09773362 frs-core:Non-currentFinancialInstruments 2024-12-31 09773362 frs-core:ComputerEquipment 2024-12-31 09773362 frs-core:ComputerEquipment 2024-01-01 2024-12-31 09773362 frs-core:ComputerEquipment 2023-12-31 09773362 frs-core:FurnitureFittings 2024-12-31 09773362 frs-core:FurnitureFittings 2024-01-01 2024-12-31 09773362 frs-core:FurnitureFittings 2023-12-31 09773362 frs-core:PlantMachinery 2024-12-31 09773362 frs-core:PlantMachinery 2024-01-01 2024-12-31 09773362 frs-core:PlantMachinery 2023-12-31 09773362 frs-core:ShareCapital 2024-12-31 09773362 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09773362 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09773362 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09773362 frs-bus:SmallEntities 2024-01-01 2024-12-31 09773362 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09773362 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09773362 frs-bus:Director1 2024-01-01 2024-12-31 09773362 frs-core:CurrentFinancialInstruments 1 2024-12-31 09773362 frs-countries:EnglandWales 2024-01-01 2024-12-31 09773362 2022-12-31 09773362 2023-12-31 09773362 2023-01-01 2023-12-31 09773362 frs-core:CurrentFinancialInstruments 2023-12-31 09773362 frs-core:Non-currentFinancialInstruments 2023-12-31 09773362 frs-core:ShareCapital 2023-12-31 09773362 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09773362 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 09773362
Lucy Quartermaine Ltd
Financial Statements
For The Year Ended 31 December 2024
Simply Accounts
1 Queen's Park Road
Handbridge
Chester
Cheshire
CH4 7AD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09773362
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,023 2,902
3,023 2,902
CURRENT ASSETS
Stocks 5 168,658 204,366
Debtors 6 27,463 73,933
Cash at bank and in hand 1,885 10,580
198,006 288,879
Creditors: Amounts Falling Due Within One Year 7 (307,620 ) (313,363 )
NET CURRENT ASSETS (LIABILITIES) (109,614 ) (24,484 )
TOTAL ASSETS LESS CURRENT LIABILITIES (106,591 ) (21,582 )
Creditors: Amounts Falling Due After More Than One Year 8 - (2,690 )
NET LIABILITIES (106,591 ) (24,272 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (106,593 ) (24,274 )
SHAREHOLDERS' FUNDS (106,591) (24,272)
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Mrs Lucy Quartermaine
Director
18/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lucy Quartermaine Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09773362 . The registered office is The Old Coach House, 8 Garden Lane, Chester, Cheshire, CH1 4EN.
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.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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% Reducing balance
Fixtures & Fittings 20% Reducing balance
Computer Equipment 33% Reducing balance
2.4. 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.
2.5. Foreign Currencies
Monetary 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 5)
4 5
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 191 6,128 969 7,288
As at 31 December 2024 191 6,128 969 7,288
Depreciation
As at 1 January 2024 170 2,370 1,846 4,386
Provided during the period 4 752 (877 ) (121 )
As at 31 December 2024 174 3,122 969 4,265
Net Book Value
As at 31 December 2024 17 3,006 - 3,023
As at 1 January 2024 21 3,758 (877 ) 2,902
5. Stocks
2024 2023
£ £
Stock 168,658 204,366
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,111 36,831
Prepayments and accrued income 1,332 250
Other debtors - 7,168
Amounts owed by group undertakings 20,020 29,684
27,463 73,933
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 131,164 148,963
Bank loans and overdrafts 13,680 10,067
Corporation tax - 18
Other taxes and social security 3,488 1,684
VAT 21,900 19,555
Other creditors 12,353 7,927
Other creditors (1) 6,705 6,819
Accruals and deferred income 1,767 1,767
Director's loan account 116,563 116,563
307,620 313,363
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 2,690
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5