Acorah Software Products - Accounts Production 19.1.200 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 07695127 Mr Russell Fordham Mr Mark Gale Mr Russell Fordham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07695127 2024-07-31 07695127 2025-07-31 07695127 2024-08-01 2025-07-31 07695127 frs-core:CurrentFinancialInstruments 2025-07-31 07695127 frs-core:Non-currentFinancialInstruments 2025-07-31 07695127 frs-core:FurnitureFittings 2024-08-01 2025-07-31 07695127 frs-core:MotorVehicles 2024-08-01 2025-07-31 07695127 frs-core:PlantMachinery 2025-07-31 07695127 frs-core:PlantMachinery 2024-07-31 07695127 frs-core:ShareCapital 2025-07-31 07695127 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 07695127 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 07695127 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 07695127 frs-bus:SmallEntities 2024-08-01 2025-07-31 07695127 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 07695127 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 07695127 frs-bus:Director1 2024-08-01 2025-07-31 07695127 frs-bus:Director2 2024-08-01 2025-07-31 07695127 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 07695127 frs-countries:EnglandWales 2024-08-01 2025-07-31 07695127 2023-07-31 07695127 2024-07-31 07695127 2023-08-01 2024-07-31 07695127 frs-core:CurrentFinancialInstruments 2024-07-31 07695127 frs-core:Non-currentFinancialInstruments 2024-07-31 07695127 frs-core:ShareCapital 2024-07-31 07695127 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 07695127
LSS / LONDON SALVAGE SERVICES LTD
Unaudited Financial Statements
For The Year Ended 31 July 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07695127
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 116,373 27,029
Cash at bank and in hand 30,056 27,672
146,429 54,701
Creditors: Amounts Falling Due Within One Year 6 (143,471 ) (155,444 )
NET CURRENT ASSETS (LIABILITIES) 2,958 (100,743 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,958 (100,743 )
Creditors: Amounts Falling Due After More Than One Year 7 (25,470 ) (31,065 )
NET LIABILITIES (22,512 ) (131,808 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (22,612 ) (131,908 )
SHAREHOLDERS' FUNDS (22,512) (131,808)
Page 1
Page 2
For the year ending 31 July 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 Mark Gale
Director
22/04/2026
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
LSS / LONDON SALVAGE SERVICES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07695127 . The registered office is Unit 4 Slade Farm, Butterfly Lane, Elstree, Hertfordshire, WD6 3AD.
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 25
Fixtures & Fittings 20
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 5)
3 5
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4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 August 2024 27,224
As at 31 July 2025 27,224
Depreciation
As at 1 August 2024 27,224
As at 31 July 2025 27,224
Net Book Value
As at 31 July 2025 -
As at 1 August 2024 -
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 17,690 27,266
Other debtors 98,683 (237)
116,373 27,029
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 20,574 29,136
Amounts owed to participating interests 57,688 -
Other creditors 39,299 54,892
Taxation and social security 25,910 71,416
143,471 155,444
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 25,470 31,065
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5