Acorah Software Products - Accounts Production 16.5.460 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 03987814 Mr Lee Anthony Mr David Anthony Mr David Anthony iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03987814 2024-05-31 03987814 2025-05-31 03987814 2024-06-01 2025-05-31 03987814 frs-core:CurrentFinancialInstruments 2025-05-31 03987814 frs-core:ComputerEquipment 2025-05-31 03987814 frs-core:ComputerEquipment 2024-06-01 2025-05-31 03987814 frs-core:ComputerEquipment 2024-05-31 03987814 frs-core:FurnitureFittings 2025-05-31 03987814 frs-core:FurnitureFittings 2024-06-01 2025-05-31 03987814 frs-core:FurnitureFittings 2024-05-31 03987814 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-01 2025-05-31 03987814 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 03987814 frs-core:MotorVehicles 2025-05-31 03987814 frs-core:MotorVehicles 2024-06-01 2025-05-31 03987814 frs-core:MotorVehicles 2024-05-31 03987814 frs-core:PlantMachinery 2025-05-31 03987814 frs-core:PlantMachinery 2024-06-01 2025-05-31 03987814 frs-core:PlantMachinery 2024-05-31 03987814 frs-core:WithinOneYear 2025-05-31 03987814 frs-core:ShareCapital 2025-05-31 03987814 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 03987814 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 03987814 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 03987814 frs-bus:SmallEntities 2024-06-01 2025-05-31 03987814 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 03987814 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 03987814 frs-bus:Director1 2024-06-01 2025-05-31 03987814 frs-bus:Director2 2024-06-01 2025-05-31 03987814 frs-bus:CompanySecretary1 2024-06-01 2025-05-31 03987814 frs-countries:EnglandWales 2024-06-01 2025-05-31 03987814 2023-05-31 03987814 2024-05-31 03987814 2023-06-01 2024-05-31 03987814 frs-core:CurrentFinancialInstruments 2024-05-31 03987814 frs-core:WithinOneYear 2024-05-31 03987814 frs-core:ShareCapital 2024-05-31 03987814 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 03987814
LA Electrical Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
User Friendly Business Solutions Ltd
FCMA
36 Riverside Court
Tuckton Road
Tuckton
Bournemouth
BH6 3AA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 03987814
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 31,372 14,076
31,372 14,076
CURRENT ASSETS
Debtors 5 100,211 83,302
Cash at bank and in hand 19,107 9,861
119,318 93,163
Creditors: Amounts Falling Due Within One Year 6 (45,535 ) (18,042 )
NET CURRENT ASSETS (LIABILITIES) 73,783 75,121
TOTAL ASSETS LESS CURRENT LIABILITIES 105,155 89,197
NET ASSETS 105,155 89,197
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 105,055 89,097
SHAREHOLDERS' FUNDS 105,155 89,197
For the year ending 31 May 2025 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 Lee Anthony
Director
25/09/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
LA Electrical Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03987814 . The registered office is 36 Riverside Court, Tuckton Road, Tuckton, Bournemouth, BH6 3AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold 0
Leasehold 0
Plant & Machinery 33.3
Motor Vehicles 25
Fixtures & Fittings 50
Computer Equipment 50
2.4. 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.
2.5. 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 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.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 1 1
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2024 3,619 23,460 9,212 3,231 39,522
Additions - 40,756 - - 40,756
Disposals - (23,460 ) - - (23,460 )
As at 31 May 2025 3,619 40,756 9,212 3,231 56,818
Depreciation
As at 1 June 2024 3,619 9,384 9,212 3,231 25,446
As at 31 May 2025 3,619 9,384 9,212 3,231 25,446
Net Book Value
As at 31 May 2025 - 31,372 - - 31,372
As at 1 June 2024 - 14,076 - - 14,076
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 48,273 41,170
Directors' loan accounts 51,938 42,132
100,211 83,302
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 25,854 -
Trade creditors 11,103 10,529
Bank loans and overdrafts - 10
Corporation tax 3,428 2,995
VAT 5,100 4,508
Net wages 50 -
45,535 18,042
Page 3
Page 4
7. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 25,854 -
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4