Acorah Software Products - Accounts Production 16.7.461 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 07032751 Mrs A Lewis Mr I M Lewis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07032751 2024-04-30 07032751 2025-04-30 07032751 2024-05-01 2025-04-30 07032751 frs-core:CurrentFinancialInstruments 2025-04-30 07032751 frs-core:ComputerEquipment 2025-04-30 07032751 frs-core:ComputerEquipment 2024-05-01 2025-04-30 07032751 frs-core:ComputerEquipment 2024-04-30 07032751 frs-core:FurnitureFittings 2025-04-30 07032751 frs-core:FurnitureFittings 2024-05-01 2025-04-30 07032751 frs-core:FurnitureFittings 2024-04-30 07032751 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-30 07032751 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-01 2025-04-30 07032751 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 07032751 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-30 07032751 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 07032751 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 07032751 frs-core:MotorVehicles 2025-04-30 07032751 frs-core:MotorVehicles 2024-05-01 2025-04-30 07032751 frs-core:MotorVehicles 2024-04-30 07032751 frs-core:PlantMachinery 2025-04-30 07032751 frs-core:PlantMachinery 2024-05-01 2025-04-30 07032751 frs-core:PlantMachinery 2024-04-30 07032751 frs-core:ShareCapital 2025-04-30 07032751 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 07032751 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 07032751 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 07032751 frs-bus:SmallEntities 2024-05-01 2025-04-30 07032751 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 07032751 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 07032751 frs-bus:Director1 2024-05-01 2025-04-30 07032751 frs-bus:Director2 2024-05-01 2025-04-30 07032751 frs-countries:EnglandWales 2024-05-01 2025-04-30 07032751 2023-04-30 07032751 2024-04-30 07032751 2023-05-01 2024-04-30 07032751 frs-core:CurrentFinancialInstruments 2024-04-30 07032751 frs-core:ShareCapital 2024-04-30 07032751 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 07032751
LBS 3 Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07032751
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 697,690 662,911
697,690 662,911
CURRENT ASSETS
Debtors 5 58,443 80,776
Cash at bank and in hand 580,227 526,598
638,670 607,374
Creditors: Amounts Falling Due Within One Year 6 (90,645 ) (59,056 )
NET CURRENT ASSETS (LIABILITIES) 548,025 548,318
TOTAL ASSETS LESS CURRENT LIABILITIES 1,245,715 1,211,229
PROVISIONS FOR LIABILITIES
Deferred Taxation (64,301 ) (54,312 )
NET ASSETS 1,181,414 1,156,917
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 1,181,314 1,156,817
SHAREHOLDERS' FUNDS 1,181,414 1,156,917
Page 1
Page 2
For the year ending 30 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
Mrs A Lewis
Director
Mr I M Lewis
Director
24 November 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
LBS 3 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07032751 . The registered office is Ground Floor Office, 2 Mill Pool, Nash Lane, Belbroughton, Worcestershire, DY9 9AF.
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:
Freehold Not depreciated
Leasehold 10% on straight line basis
Plant & Machinery 10% on straight line basis
Motor Vehicles 10% on straight line basis
Fixtures & Fittings 10% on straight line basis
Computer Equipment 33% on straight line basis
The directors have departed from the standard accounting treatment of depreciating freehold property. The freehold property is held at cost and is not depreciated. The directors believe that the residual value of the property is not materially different from its carrying amount and that the depreciation charge would be immaterial.
The directors consider that this treatment provides a true and fair view of the company’s financial position and performance, as the property is maintained to a high standard and its value is not expected to diminish over time.
This departure from the standard treatment is considered necessary to achieve a true and fair view.
Page 3
Page 4
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.
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: 6 (2024: 7)
6 7
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 May 2024 430,061 75,046 717,572 116,690
Additions - - 72,278 -
As at 30 April 2025 430,061 75,046 789,850 116,690
Depreciation
As at 1 May 2024 - 71,347 581,599 24,791
Provided during the period - 437 24,884 11,670
As at 30 April 2025 - 71,784 606,483 36,461
Net Book Value
As at 30 April 2025 430,061 3,262 183,367 80,229
As at 1 May 2024 430,061 3,699 135,973 91,899
Page 4
Page 5
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2024 23,310 855 1,363,534
Additions - 70 72,348
As at 30 April 2025 23,310 925 1,435,882
Depreciation
As at 1 May 2024 22,193 693 700,623
Provided during the period 415 163 37,569
As at 30 April 2025 22,608 856 738,192
Net Book Value
As at 30 April 2025 702 69 697,690
As at 1 May 2024 1,117 162 662,911
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 53,981 76,224
Other debtors 4,462 4,552
58,443 80,776
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 43,658 12,091
Other creditors 5,679 8,398
Taxation and social security 41,308 38,567
90,645 59,056
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5