Acorah Software Products - Accounts Production 19.2.350 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 13828278 K Khangurra iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13828278 2024-12-31 13828278 2025-12-31 13828278 2025-01-01 2025-12-31 13828278 frs-core:CurrentFinancialInstruments 2025-12-31 13828278 frs-core:ComputerEquipment 2025-01-01 2025-12-31 13828278 frs-core:FurnitureFittings 2025-12-31 13828278 frs-core:FurnitureFittings 2025-01-01 2025-12-31 13828278 frs-core:FurnitureFittings 2024-12-31 13828278 frs-core:PlantMachinery 2025-12-31 13828278 frs-core:PlantMachinery 2025-01-01 2025-12-31 13828278 frs-core:PlantMachinery 2024-12-31 13828278 frs-core:ShareCapital 2025-12-31 13828278 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 13828278 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13828278 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 13828278 frs-bus:SmallEntities 2025-01-01 2025-12-31 13828278 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 13828278 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 13828278 frs-bus:Director1 2025-01-01 2025-12-31 13828278 frs-countries:EnglandWales 2025-01-01 2025-12-31 13828278 2023-12-31 13828278 2024-12-31 13828278 2024-01-01 2024-12-31 13828278 frs-core:CurrentFinancialInstruments 2024-12-31 13828278 frs-core:ShareCapital 2024-12-31 13828278 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 13828278
Libra Fine Arts Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Hancock & Hastings Limited
Libra Fine Arts Ltd
Contents
Contents

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

Page 1
Libra Fine Arts Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 13828278

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 6,806 |  | 8,507
|  |  | 6,806 |  | 8,507
CURRENT ASSETS
Stocks | 5 | 578 |  | - |
Debtors | 6 | 1,134 |  | 994 |
Cash at bank and in hand |  | 5,939 |  | 1,235 |
|  | 7,651 |  | 2,229 |
Creditors: Amounts Falling Due Within One Year | 7 | (74,562 ) |  | (63,197 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (66,911 ) |  | (60,968 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (60,105 ) |  | (52,461 )
NET LIABILITIES |  |  | (60,105 ) |  | (52,461 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 2 |  | 2
Profit and Loss Account |  |  | (60,107 ) |  | (52,463 )
SHAREHOLDERS' FUNDS |  |  | (60,105) |  | (52,461)

Page 1
Page 2
Libra Fine Arts Ltd
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 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 her 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

K Khangurra Director
07/05/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Libra Fine Arts Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Libra Fine Arts Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13828278 . The registered office is 34 Dawn Redwood Close, Horton, Slough, SL3 9QD.
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. Going Concern Disclosure
The financial statement are prepared on a going concern basis, as the directors will continue to support the company for the foreseeable future.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.4. 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 | 20% on Reducing Balance Method
Fixtures & Fittings | 20% on Reducing Balance Method
Computer Equipment | 20% on Reducing Balance Method

2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current 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: 1 (2024: 1)
1 1
4. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 January 2025 | 11,938 | 1,423 | 13,361
As at 31 December 2025 | 11,938 | 1,423 | 13,361
Depreciation
As at 1 January 2025 | 4,298 | 556 | 4,854
Provided during the period | 1,528 | 173 | 1,701
As at 31 December 2025 | 5,826 | 729 | 6,555

...CONTINUED
Page 3
Page 4
Libra Fine Arts Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025

Net Book Value
As at 31 December 2025 | 6,112 | 694 | 6,806
As at 1 January 2025 | 7,640 | 867 | 8,507

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 578 |  | -

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 1,134 |  | 994

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 1,515 |  | 1,407
Other creditors | 71,438 |  | 61,185
Taxation and social security | 1,609 |  | 605
| 74,562 |  | 63,197

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

Page 4