Acorah Software Products - Accounts Production 16.5.460 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 05356397 Mr Samuel Walmsley Mr Nicholas Walker London Orthotic Consultancy Consolidated Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05356397 2024-03-31 05356397 2025-03-31 05356397 2024-04-01 2025-03-31 05356397 frs-core:CurrentFinancialInstruments 2025-03-31 05356397 frs-core:Non-currentFinancialInstruments 2025-03-31 05356397 frs-core:ComputerEquipment 2025-03-31 05356397 frs-core:ComputerEquipment 2024-04-01 2025-03-31 05356397 frs-core:ComputerEquipment 2024-03-31 05356397 frs-core:FurnitureFittings 2025-03-31 05356397 frs-core:FurnitureFittings 2024-04-01 2025-03-31 05356397 frs-core:FurnitureFittings 2024-03-31 05356397 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 05356397 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 05356397 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 05356397 frs-core:PlantMachinery 2025-03-31 05356397 frs-core:PlantMachinery 2024-04-01 2025-03-31 05356397 frs-core:PlantMachinery 2024-03-31 05356397 frs-core:ShareCapital 2025-03-31 05356397 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05356397 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05356397 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 05356397 frs-bus:SmallEntities 2024-04-01 2025-03-31 05356397 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05356397 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05356397 1 2024-04-01 2025-03-31 05356397 frs-bus:Director1 2024-04-01 2025-03-31 05356397 frs-bus:Director2 2024-04-01 2025-03-31 05356397 frs-countries:EnglandWales 2024-04-01 2025-03-31 05356397 2023-03-31 05356397 2024-03-31 05356397 2023-04-01 2024-03-31 05356397 frs-core:CurrentFinancialInstruments 2024-03-31 05356397 frs-core:Non-currentFinancialInstruments 2024-03-31 05356397 frs-core:ShareCapital 2024-03-31 05356397 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 05356397
L.O.C. Manufacturing Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05356397
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 284,887 292,629
284,887 292,629
CURRENT ASSETS
Stocks 5 62,947 85,013
Debtors 6 134,555 97,460
Cash at bank and in hand 39,392 16,169
236,894 198,642
Creditors: Amounts Falling Due Within One Year 7 (542,485 ) (424,655 )
NET CURRENT ASSETS (LIABILITIES) (305,591 ) (226,013 )
TOTAL ASSETS LESS CURRENT LIABILITIES (20,704 ) 66,616
Creditors: Amounts Falling Due After More Than One Year 8 - (46,379 )
NET (LIABILITIES)/ASSETS (20,704 ) 20,237
CAPITAL AND RESERVES
Called up share capital 11 210,000 210,000
Profit and Loss Account (230,704 ) (189,763 )
SHAREHOLDERS' FUNDS (20,704) 20,237
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For the year ending 31 March 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 Nicholas Walker
Director
23 October 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
L.O.C. Manufacturing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05356397 . The registered office is 1 Elm Crescent, Kingston Upon Thames, Surrey, KT2 6HL.
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 FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.
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.
The directors have confirmed the company is a going concern and has agreed to support the company for a further 12 months following approval of the accounts.
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 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.
2.4. 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:
Leasehold 15% on reducing balance and 5 year straight line
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under 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 the 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.
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2.7. Financial Instruments
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.8. 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.
2.9. 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.
2.10. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 9)
11 9
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 235,766 566,815 83,650 87,635 973,866
Additions - 66,991 - 7,484 74,475
As at 31 March 2025 235,766 633,806 83,650 95,119 1,048,341
...CONTINUED
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Depreciation
As at 1 April 2024 131,542 435,958 51,704 62,033 681,237
Provided during the period 25,783 40,914 7,986 7,534 82,217
As at 31 March 2025 157,325 476,872 59,690 69,567 763,454
Net Book Value
As at 31 March 2025 78,441 156,934 23,960 25,552 284,887
As at 1 April 2024 104,224 130,857 31,946 25,602 292,629
5. Stocks
2025 2024
£ £
Finished goods 60,751 83,013
Work in progress 2,196 2,000
62,947 85,013
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 62,357 10,641
Prepayments and accrued income 1,572 14,128
Deferred tax current asset 70,626 72,691
134,555 97,460
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 9,437 13,413
Bank loans and overdrafts 38,734 89,103
Other taxes and social security 23,543 27,403
Other creditors 4,589 3,288
Accruals and deferred income 41,618 34,450
Amounts owed to group undertakings 424,564 -
Amounts owed to parent undertaking - 256,998
542,485 424,655
Amounts owed to Parent Company reclassified to Group undertakings after Group re-organisation. 
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 46,379
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9. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured against assets of the compmany:
2025 2024
£ £
Bank loans and overdrafts 38,734 135,482
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 210,000 210,000
12. Pension Commitments
The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £1,998 (2024: £1,567) were due to the fund. They are included in Other Creditors.
13. Ultimate Controlling Party
The company's ultimate controlling party is London Orthotic Consultancy Consolidated Limited by virtue of his ownership of 100% of the issued share capital in the company. Its registered office is 1 Elm Crescent, Kingston Upon Thames, Surrey, England, KT2 6HL.
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