Acorah Software Products - Accounts Production 16.8.310 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 14685312 Mr Gary Carr iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14685312 2024-03-31 14685312 2025-03-31 14685312 2024-04-01 2025-03-31 14685312 frs-core:CurrentFinancialInstruments 2025-03-31 14685312 frs-core:FurnitureFittings 2024-04-01 2025-03-31 14685312 frs-core:MotorVehicles 2024-04-01 2025-03-31 14685312 frs-core:PlantMachinery 2025-03-31 14685312 frs-core:PlantMachinery 2024-04-01 2025-03-31 14685312 frs-core:PlantMachinery 2024-03-31 14685312 frs-core:ShareCapital 2025-03-31 14685312 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 14685312 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14685312 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 14685312 frs-bus:SmallEntities 2024-04-01 2025-03-31 14685312 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14685312 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14685312 frs-bus:Director1 2024-04-01 2025-03-31 14685312 frs-countries:EnglandWales 2024-04-01 2025-03-31 14685312 2023-03-31 14685312 2024-03-31 14685312 2023-04-01 2024-03-31 14685312 frs-core:CurrentFinancialInstruments 2024-03-31 14685312 frs-core:ShareCapital 2024-03-31 14685312 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 14685312
Lg Contracts Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
SP Swain Accounting Services Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14685312
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,465 1,021
9,465 1,021
CURRENT ASSETS
Debtors 5 31,950 12,062
Cash at bank and in hand 3,433 3,433
35,383 15,495
Creditors: Amounts Falling Due Within One Year 6 (17,705 ) (15,773 )
NET CURRENT ASSETS (LIABILITIES) 17,678 (278 )
TOTAL ASSETS LESS CURRENT LIABILITIES 27,143 743
NET ASSETS 27,143 743
CAPITAL AND RESERVES
Called up share capital 7 (677 ) -
Profit and Loss Account 27,820 743
SHAREHOLDERS' FUNDS 27,143 743
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 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 Gary Carr
Director
28/11/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Lg Contracts Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14685312 . The registered office is 1 Comfrey , Coulby Newham, Middlesbrough, TS8 0XT.
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 5%
Motor Vehicles 20%
Fixtures & Fittings 15%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: NIL)
1 -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 1,075
Additions 10,226
As at 31 March 2025 11,301
Depreciation
As at 1 April 2024 54
Provided during the period 1,782
As at 31 March 2025 1,836
Net Book Value
As at 31 March 2025 9,465
As at 1 April 2024 1,021
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 31,950 12,062
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 16,405 -
Other creditors 1,300 9,036
Taxation and social security - 6,737
17,705 15,773
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid (677 ) -
Page 3