Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 5 April 2025 5 April 2025 06980420 Mrs L Angel Mr D Angel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06980420 2024-03-31 06980420 2025-04-05 06980420 2024-04-01 2025-04-05 06980420 frs-core:CurrentFinancialInstruments 2025-04-05 06980420 frs-core:Non-currentFinancialInstruments 2025-04-05 06980420 frs-core:ComputerEquipment 2025-04-05 06980420 frs-core:ComputerEquipment 2024-04-01 2025-04-05 06980420 frs-core:ComputerEquipment 2024-03-31 06980420 frs-core:FurnitureFittings 2025-04-05 06980420 frs-core:FurnitureFittings 2024-04-01 2025-04-05 06980420 frs-core:FurnitureFittings 2024-03-31 06980420 frs-core:MotorVehicles 2025-04-05 06980420 frs-core:MotorVehicles 2024-04-01 2025-04-05 06980420 frs-core:MotorVehicles 2024-03-31 06980420 frs-core:PlantMachinery 2025-04-05 06980420 frs-core:PlantMachinery 2024-04-01 2025-04-05 06980420 frs-core:PlantMachinery 2024-03-31 06980420 frs-core:ShareCapital 2025-04-05 06980420 frs-core:RetainedEarningsAccumulatedLosses 2025-04-05 06980420 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-04-05 06980420 frs-bus:FilletedAccounts 2024-04-01 2025-04-05 06980420 frs-bus:SmallEntities 2024-04-01 2025-04-05 06980420 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-04-05 06980420 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-04-05 06980420 frs-bus:Director1 2024-04-01 2025-04-05 06980420 frs-bus:Director2 2024-04-01 2025-04-05 06980420 frs-countries:EnglandWales 2024-04-01 2025-04-05 06980420 2023-03-31 06980420 2024-03-31 06980420 2023-04-01 2024-03-31 06980420 frs-core:CurrentFinancialInstruments 2024-03-31 06980420 frs-core:Non-currentFinancialInstruments 2024-03-31 06980420 frs-core:ShareCapital 2024-03-31 06980420 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06980420
Lisa Angel Limited
Unaudited Financial Statements
For The Year Ended 5 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06980420
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 368,663 460,893
368,663 460,893
CURRENT ASSETS
Stocks 5 1,694,527 1,713,257
Debtors 6 1,134,290 713,529
Cash at bank and in hand 1,340,570 1,458,084
4,169,387 3,884,870
Creditors: Amounts Falling Due Within One Year 7 (1,221,931 ) (850,809 )
NET CURRENT ASSETS (LIABILITIES) 2,947,456 3,034,061
TOTAL ASSETS LESS CURRENT LIABILITIES 3,316,119 3,494,954
Creditors: Amounts Falling Due After More Than One Year 8 (37,939 ) (152,480 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (84,464 ) (60,348 )
NET ASSETS 3,193,716 3,282,126
CAPITAL AND RESERVES
Called up share capital 9 4 4
Profit and Loss Account 3,193,712 3,282,122
SHAREHOLDERS' FUNDS 3,193,716 3,282,126
Page 1
Page 2
For the year ending 5 April 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 D Angel
Director
16/12/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lisa Angel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06980420 . The registered office is Unit 17 Wendover Road, Rackheath Industrial Estate, Norwich, NR13 6LH.
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. 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 the goods have been despatched; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transaction can be measured 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 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% 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.
2.5. Stocks and Work in Progress
Stocks 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. 
Page 3
Page 4
2.6. 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.
2.7. 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.
Page 4
Page 5
3. Average Number of Employees
Average number of employees, including directors, during the year was: 150 (2024: 146)
150 146
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 525,978 88,239 364,766 198,225 1,177,208
Additions 5,211 13,790 13,410 27,234 59,645
Disposals (85,227 ) - (54,767 ) (121,388 ) (261,382 )
Transfers (37,443 ) - 26,543 10,900 -
As at 5 April 2025 408,519 102,029 349,952 114,971 975,471
Depreciation
As at 1 April 2024 391,217 60,717 134,463 129,918 716,315
Provided during the period 32,313 8,030 57,504 17,818 115,665
Disposals (77,783 ) - (44,029 ) (103,360 ) (225,172 )
Transfers (30,066 ) - 23,657 6,409 -
As at 5 April 2025 315,681 68,747 171,595 50,785 606,808
Net Book Value
As at 5 April 2025 92,838 33,282 178,357 64,186 368,663
As at 1 April 2024 134,761 27,522 230,303 68,307 460,893
5. Stocks
2025 2024
£ £
Stock 1,694,527 1,713,257
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 296,107 253,401
Other debtors 838,183 460,128
1,134,290 713,529
Page 5
Page 6
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,619 16,889
Trade creditors 358,425 297,812
Bank loans and overdrafts 99,600 100,558
Other creditors 316,884 191,681
Taxation and social security 440,403 243,869
1,221,931 850,809
Obligations held under hire purchase contracts are secured against the assets to which they relate. 
Bank loans are secured by way of a fixed and floating charge over the assets of the company.
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 6,619
Bank loans 33,782 132,886
Other creditors 4,157 12,975
37,939 152,480
Obligations held under hire purchase contracts are secured against the assets to which they relate.
Bank loans are secured by way of a fixed and floating charge over the assets of the company.
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4 4
10. Related Party Transactions
Included in other debtors are loans to the directors of £150,300 (2024: £51,802). This loan is unsecured, repayable on demand and interest charged at the HMRC official rate. 
Page 6