Acorah Software Products - Accounts Production 16.8.310 false true 26 February 2024 27 February 2023 false 27 February 2024 31 March 2025 31 March 2025 07754728 S J Lipkin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07754728 2024-02-26 07754728 2025-03-31 07754728 2024-02-27 2025-03-31 07754728 frs-core:CurrentFinancialInstruments 2025-03-31 07754728 frs-core:ShareCapital 2025-03-31 07754728 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07754728 frs-bus:PrivateLimitedCompanyLtd 2024-02-27 2025-03-31 07754728 frs-bus:FilletedAccounts 2024-02-27 2025-03-31 07754728 frs-bus:SmallEntities 2024-02-27 2025-03-31 07754728 frs-bus:AuditExempt-NoAccountantsReport 2024-02-27 2025-03-31 07754728 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-27 2025-03-31 07754728 frs-bus:Director1 2024-02-27 2025-03-31 07754728 frs-core:CurrentFinancialInstruments 1 2025-03-31 07754728 frs-countries:EnglandWales 2024-02-27 2025-03-31 07754728 2023-02-26 07754728 2024-02-26 07754728 2023-02-27 2024-02-26 07754728 frs-core:CurrentFinancialInstruments 2024-02-26 07754728 frs-core:ShareCapital 2024-02-26 07754728 frs-core:RetainedEarningsAccumulatedLosses 2024-02-26 07754728 frs-core:CurrentFinancialInstruments 1 2024-02-26
Registered number: 07754728
Simon Lipkin Ltd
Unaudited Financial Statements
For the Period 27 February 2024 to 31 March 2025
Simon Lipkin Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Simon Lipkin Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 07754728

| 31 March 2025 | 26 February 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 4 | 53,750 |  | 53,250 |
Debtors | 5 | - |  | 11,417 |
Cash at bank and in hand |  | 3,747 |  | 1,054 |
|  | 57,497 |  | 65,721 |
Creditors: Amounts Falling Due Within One Year | 6 | (45,081 ) |  | (59,644 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 12,416 |  | 6,077
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 12,416 |  | 6,077
NET ASSETS |  |  | 12,416 |  | 6,077
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1 |  | 1
Profit and Loss Account |  |  | 12,415 |  | 6,076
SHAREHOLDERS' FUNDS |  |  | 12,416 |  | 6,077

Page 1
Page 2
Simon Lipkin Ltd
Balance Sheet (continued)
As At 31 March 2025
For the period 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

S J Lipkin Director
31 December 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Simon Lipkin Ltd
Notes to the Financial Statements
For the Period 27 February 2024 to 31 March 2025
Notes to the Financial Statements
1. General Information
Simon Lipkin Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07754728 . The registered office is Gowran House, 56 Broad Street, Chipping Sodbury, Bristol, BS37 6AG.
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 agents commission.
2.3. Stocks and Work in Progress
Stocks and work in progress 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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 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 period was: 1 (2024: 1)
1 1
Page 3
Page 4
Simon Lipkin Ltd
Notes to the Financial Statements (continued)
For the Period 27 February 2024 to 31 March 2025
4. Stocks

| 31 March 2025 |  | 26 February 2024
--- | --- | --- | ---
| £ |  | £
Work in progress | 53,750 |  | 53,250

5. Debtors

| 31 March 2025 |  | 26 February 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 11,417

6. Creditors: Amounts Falling Due Within One Year

| 31 March 2025 |  | 26 February 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | - |  | 4,454
Corporation tax | 19,831 |  | 10,235
Other taxes and social security | 986 |  | -
Sundry creditors and accruals | 2,500 |  | -
Director's loan account | 21,764 |  | 44,955
| 45,081 |  | 59,644

7. Share Capital

| 31 March 2025 |  | 26 February 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

Page 4