Acorah Software Products - Accounts Production 16.7.461 false true false 10 May 2024 31 May 2025 31 May 2025 15712487 Mr John Butcher Mrs Paula Butcher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15712487 2024-05-09 15712487 2025-05-31 15712487 2024-05-10 2025-05-31 15712487 frs-core:CurrentFinancialInstruments 2025-05-31 15712487 frs-core:ComputerEquipment 2025-05-31 15712487 frs-core:ComputerEquipment 2024-05-10 2025-05-31 15712487 frs-core:ComputerEquipment 2024-05-09 15712487 frs-core:MotorVehicles 2025-05-31 15712487 frs-core:MotorVehicles 2024-05-10 2025-05-31 15712487 frs-core:MotorVehicles 2024-05-09 15712487 frs-core:WithinOneYear 2025-05-31 15712487 frs-core:ShareCapital 2025-05-31 15712487 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 15712487 frs-bus:PrivateLimitedCompanyLtd 2024-05-10 2025-05-31 15712487 frs-bus:FilletedAccounts 2024-05-10 2025-05-31 15712487 frs-bus:SmallEntities 2024-05-10 2025-05-31 15712487 frs-bus:AuditExempt-NoAccountantsReport 2024-05-10 2025-05-31 15712487 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-10 2025-05-31 15712487 frs-bus:Director1 2024-05-10 2025-05-31 15712487 frs-bus:Director2 2024-05-10 2025-05-31 15712487 frs-countries:EnglandWales 2024-05-10 2025-05-31
Registered number: 15712487
Love Is Blinds Ltd
Unaudited Financial Statements
For the Period 10 May 2024 to 31 May 2025
Abbotstones
Lemanis House
Stone Street
Lympne
Kent
CT21 4JN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15712487
31 May 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 14,548
14,548
CURRENT ASSETS
Cash at bank and in hand 8,257
8,257
Creditors: Amounts Falling Due Within One Year 5 (24,471 )
NET CURRENT ASSETS (LIABILITIES) (16,214 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,666 )
NET LIABILITIES (1,666 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (1,766 )
SHAREHOLDERS' FUNDS (1,666)
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For the period 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 John Butcher
Director
07/10/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Love Is Blinds Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15712487 . The registered office is Lemanis House, Stone Street, Lympne, Kent, CT21 4JN.
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:
Motor Vehicles 20% Reducing balance
Computer Equipment 20% Reducing balance
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
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4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 10 May 2024 - - -
Additions 16,995 1,190 18,185
As at 31 May 2025 16,995 1,190 18,185
Depreciation
As at 10 May 2024 - - -
Provided during the period 3,399 238 3,637
As at 31 May 2025 3,399 238 3,637
Net Book Value
As at 31 May 2025 13,596 952 14,548
As at 10 May 2024 - - -
5. Creditors: Amounts Falling Due Within One Year
31 May 2025
£
Net obligations under finance lease and hire purchase contracts 908
Other creditors 22,636
Taxation and social security 927
24,471
6. Obligations Under Finance Leases and Hire Purchase
31 May 2025
£
The future minimum finance lease payments are as follows:
Not later than one year 908
7. Share Capital
31 May 2025
£
Allotted, Called up and fully paid 100
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