Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11680983 Mr David McFarlane Mrs Marian Jean McFarlane Miss Laura McFarlane Mr Jamie McFarlane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11680983 2024-03-31 11680983 2025-03-31 11680983 2024-04-01 2025-03-31 11680983 frs-core:CurrentFinancialInstruments 2025-03-31 11680983 frs-core:Non-currentFinancialInstruments 2025-03-31 11680983 frs-core:ComputerEquipment 2025-03-31 11680983 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11680983 frs-core:ComputerEquipment 2024-03-31 11680983 frs-core:ShareCapital 2025-03-31 11680983 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11680983 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11680983 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11680983 frs-bus:SmallEntities 2024-04-01 2025-03-31 11680983 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11680983 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11680983 frs-core:DeferredTaxation 2024-04-01 2025-03-31 11680983 frs-core:DeferredTaxation 2024-03-31 11680983 frs-core:DeferredTaxation 2025-03-31 11680983 frs-bus:Director1 2024-04-01 2025-03-31 11680983 frs-bus:Director1 2024-03-31 11680983 frs-bus:Director1 2025-03-31 11680983 frs-bus:Director2 2024-04-01 2025-03-31 11680983 frs-bus:Director3 2024-04-01 2025-03-31 11680983 frs-bus:Director4 2024-04-01 2025-03-31 11680983 frs-core:CurrentFinancialInstruments 1 2025-03-31 11680983 frs-countries:EnglandWales 2024-04-01 2025-03-31 11680983 2023-03-31 11680983 2024-03-31 11680983 2023-04-01 2024-03-31 11680983 frs-core:CurrentFinancialInstruments 2024-03-31 11680983 frs-core:Non-currentFinancialInstruments 2024-03-31 11680983 frs-core:ShareCapital 2024-03-31 11680983 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11680983 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 11680983
Leadors Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
DEB Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11680983
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 471 629
471 629
CURRENT ASSETS
Debtors 5 539,530 581,973
Cash at bank and in hand 68,960 124,517
608,490 706,490
Creditors: Amounts Falling Due Within One Year 6 (43,470 ) (35,000 )
NET CURRENT ASSETS (LIABILITIES) 565,020 671,490
TOTAL ASSETS LESS CURRENT LIABILITIES 565,491 672,119
Creditors: Amounts Falling Due After More Than One Year 7 (5,833 ) (15,833 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (113 ) (210 )
NET ASSETS 559,545 656,076
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 559,445 655,976
SHAREHOLDERS' FUNDS 559,545 656,076
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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 David McFarlane
Director
04/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Leadors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11680983 . The registered office is DEB House, 19 Middlewoods Way, Wharncliffe Business Park, Carlton, Barnsley.
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:
Office Equipment 25% 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
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4. Tangible Assets
Office Equipment
£
Cost
As at 1 April 2024 1,322
As at 31 March 2025 1,322
Depreciation
As at 1 April 2024 693
Provided during the period 158
As at 31 March 2025 851
Net Book Value
As at 31 March 2025 471
As at 1 April 2024 629
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 124 -
S455 Taxation debtor 126,391 149,403
Corporation tax repayable - 43,674
Directors' loan accounts 413,015 388,896
539,530 581,973
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 10,000 10,000
Corporation tax 18,551 -
PAYE Creditor 1,539 1,986
VAT Creditor 4,842 18,111
Wage Creditor 3,677 3,521
Credit Card 4,364 996
Accruals and deferred income 497 386
43,470 35,000
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans between 1 and 5 years 5,833 15,833
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8. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 113 210
9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 April 2024 210 210
Reversals (97 ) (97)
Balance at 31 March 2025 113 113
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr David McFarlane 388,896 26,228 2,109 - 413,015
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
2025 2024
£ £
Mr David McFarlane 38,000 -
Mrs Marian Jean McFarlane 40,000 40,000
Miss Laura McFarlane 30,000 -
Mr Jamie McFarlane 47,000 30,000
12. Related Party Transactions
The company is controlled by Mr D McFarlane & Mrs M McFarlane, directors and shareholders of the company. 
The balance on the director’s loan account of Mr D McFarlane at 31st March 2025 was  £413,015 (2023- £388,896) due to the company.
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