Acorah Software Products - Accounts Production 16.6.950 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 13925457 Mr Clinton Chase Mr Ion-Lucian Istrate iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13925457 2024-02-29 13925457 2025-02-28 13925457 2024-03-01 2025-02-28 13925457 frs-core:CurrentFinancialInstruments 2025-02-28 13925457 frs-core:FurnitureFittings 2025-02-28 13925457 frs-core:FurnitureFittings 2024-03-01 2025-02-28 13925457 frs-core:FurnitureFittings 2024-02-29 13925457 frs-core:MotorVehicles 2025-02-28 13925457 frs-core:MotorVehicles 2024-03-01 2025-02-28 13925457 frs-core:MotorVehicles 2024-02-29 13925457 frs-core:PlantMachinery 2025-02-28 13925457 frs-core:PlantMachinery 2024-03-01 2025-02-28 13925457 frs-core:PlantMachinery 2024-02-29 13925457 frs-core:ShareCapital 2025-02-28 13925457 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 13925457 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13925457 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 13925457 frs-bus:SmallEntities 2024-03-01 2025-02-28 13925457 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 13925457 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 13925457 frs-bus:Director1 2024-03-01 2025-02-28 13925457 frs-bus:Director2 2024-03-01 2025-02-28 13925457 frs-countries:EnglandWales 2024-03-01 2025-02-28 13925457 2023-02-28 13925457 2024-02-29 13925457 2023-03-01 2024-02-29 13925457 frs-core:CurrentFinancialInstruments 2024-02-29 13925457 frs-core:ShareCapital 2024-02-29 13925457 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 13925457
LGC Ceilings And Partitions Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Trek Accountants Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13925457
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,940 14,255
21,940 14,255
CURRENT ASSETS
Debtors 5 26,017 2,787
Cash at bank and in hand 29,493 23,861
55,510 26,648
Creditors: Amounts Falling Due Within One Year 6 (50,108 ) (25,466 )
NET CURRENT ASSETS (LIABILITIES) 5,402 1,182
TOTAL ASSETS LESS CURRENT LIABILITIES 27,342 15,437
NET ASSETS 27,342 15,437
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 27,340 15,435
SHAREHOLDERS' FUNDS 27,342 15,437
For the year ending 28 February 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 Ion-Lucian Istrate
Director
20th November 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
LGC Ceilings And Partitions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13925457 . The registered office is 14 & 15 Southernhay West, Exeter, EX1 1PL.
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 18%
Motor Vehicles 18%
Fixtures & Fittings 18%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 March 2024 8,000 12,000 1,200 21,200
Additions - 12,500 - 12,500
As at 28 February 2025 8,000 24,500 1,200 33,700
Depreciation
As at 1 March 2024 2,621 3,931 393 6,945
Provided during the period 968 3,702 145 4,815
As at 28 February 2025 3,589 7,633 538 11,760
Net Book Value
As at 28 February 2025 4,411 16,867 662 21,940
As at 1 March 2024 5,379 8,069 807 14,255
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 22,882 2,769
VAT 3,135 18
26,017 2,787
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 1,550 1,550
Directors' loan accounts 48,558 23,916
50,108 25,466
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 3