Acorah Software Products - Accounts Production 16.6.950 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 11537033 Mr Nicholas Beetson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11537033 2024-08-31 11537033 2025-08-31 11537033 2024-09-01 2025-08-31 11537033 frs-core:CurrentFinancialInstruments 2025-08-31 11537033 frs-core:MotorVehicles 2025-08-31 11537033 frs-core:MotorVehicles 2024-09-01 2025-08-31 11537033 frs-core:MotorVehicles 2024-08-31 11537033 frs-core:PlantMachinery 2025-08-31 11537033 frs-core:PlantMachinery 2024-09-01 2025-08-31 11537033 frs-core:PlantMachinery 2024-08-31 11537033 frs-core:ShareCapital 2025-08-31 11537033 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 11537033 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 11537033 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 11537033 frs-bus:SmallEntities 2024-09-01 2025-08-31 11537033 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 11537033 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 11537033 frs-bus:Director1 2024-09-01 2025-08-31 11537033 frs-countries:EnglandWales 2024-09-01 2025-08-31 11537033 2023-08-31 11537033 2024-08-31 11537033 2023-09-01 2024-08-31 11537033 frs-core:CurrentFinancialInstruments 2024-08-31 11537033 frs-core:ShareCapital 2024-08-31 11537033 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 11537033
New Lift Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11537033
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,720 4,495
24,720 4,495
CURRENT ASSETS
Debtors 5 64,252 9,247
Cash at bank and in hand 130,744 58,729
194,996 67,976
Creditors: Amounts Falling Due Within One Year 6 (201,924 ) (66,781 )
NET CURRENT ASSETS (LIABILITIES) (6,928 ) 1,195
TOTAL ASSETS LESS CURRENT LIABILITIES 17,792 5,690
NET ASSETS 17,792 5,690
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 17,791 5,689
SHAREHOLDERS' FUNDS 17,792 5,690
Page 1
Page 2
For the year ending 31 August 2025 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 his 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 Beetson
Director
14/11/2025
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
New Lift Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11537033 . The registered office is Unit 19, Adlington South Business Park, Huyton Road, Adlington, PR7 4HJ.
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 15% Reducing Balance
Motor Vehicles 20% Reducing Balance
2.4. 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.
...CONTINUED
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2.4. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 3)
5 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 September 2024 7,925 - 7,925
Additions 3,029 20,400 23,429
As at 31 August 2025 10,954 20,400 31,354
Depreciation
As at 1 September 2024 3,430 - 3,430
Provided during the period 824 2,380 3,204
As at 31 August 2025 4,254 2,380 6,634
Net Book Value
As at 31 August 2025 6,700 18,020 24,720
As at 1 September 2024 4,495 - 4,495
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 50,340 -
Other debtors 9,291 9,247
59,631 9,247
Due after more than one year
Other debtors 4,621 -
64,252 9,247
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 69,163 22,078
Bank loans and overdrafts 2,176 6,330
Other creditors 121,169 18,213
Taxation and social security 9,416 20,160
201,924 66,781
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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