Acorah Software Products - Accounts Production 19.2.350 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 06490336 Mr Donald Lucey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06490336 2025-01-31 06490336 2026-01-31 06490336 2025-02-01 2026-01-31 06490336 frs-core:CurrentFinancialInstruments 2026-01-31 06490336 frs-core:Non-currentFinancialInstruments 2026-01-31 06490336 frs-core:ComputerEquipment 2026-01-31 06490336 frs-core:ComputerEquipment 2025-02-01 2026-01-31 06490336 frs-core:ComputerEquipment 2025-01-31 06490336 frs-core:MotorVehicles 2026-01-31 06490336 frs-core:MotorVehicles 2025-02-01 2026-01-31 06490336 frs-core:MotorVehicles 2025-01-31 06490336 frs-core:ShareCapital 2026-01-31 06490336 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 06490336 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 06490336 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 06490336 frs-bus:SmallEntities 2025-02-01 2026-01-31 06490336 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 06490336 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 06490336 frs-bus:Director1 2025-02-01 2026-01-31 06490336 frs-countries:EnglandWales 2025-02-01 2026-01-31 06490336 2024-01-31 06490336 2025-01-31 06490336 2024-02-01 2025-01-31 06490336 frs-core:CurrentFinancialInstruments 2025-01-31 06490336 frs-core:Non-currentFinancialInstruments 2025-01-31 06490336 frs-core:ShareCapital 2025-01-31 06490336 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 06490336
Lucey of London Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Focal Business Group Limited
Chartered Institue of Management Accountants
4A Church Street
Market Harborough
Leicestershire
LE16 7AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06490336
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,060 1,930
1,060 1,930
CURRENT ASSETS
Stocks 5 7,135 5,730
Debtors 6 6,287 14,268
Cash at bank and in hand 5,415 3,499
18,837 23,497
Creditors: Amounts Falling Due Within One Year 7 (19,006 ) (17,315 )
NET CURRENT ASSETS (LIABILITIES) (169 ) 6,182
TOTAL ASSETS LESS CURRENT LIABILITIES 891 8,112
Creditors: Amounts Falling Due After More Than One Year 8 - (1,375 )
NET ASSETS 891 6,737
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account 890 6,736
SHAREHOLDERS' FUNDS 891 6,737
Page 1
Page 2
For the year ending 31 January 2026 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 Donald Lucey
Director
13 May 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
Lucey of London Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06490336 . The registered office is 6 Gilpin Street, Millfield, Peterborough, Cambridgeshire, PE1 3BS.
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 stated at cost less depreciation. 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% Reducing Balance
Computer Equipment 25% Straight Line
2.4. 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.
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Page 4
2.5. 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 year 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 asset reflects 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 year was: 1 (2025: 1)
1 1
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 February 2025 16,833 3,352 20,185
As at 31 January 2026 16,833 3,352 20,185
Depreciation
As at 1 February 2025 15,716 2,539 18,255
Provided during the period 279 591 870
As at 31 January 2026 15,995 3,130 19,125
Net Book Value
As at 31 January 2026 838 222 1,060
As at 1 February 2025 1,117 813 1,930
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Page 5
5. Stocks
2026 2025
£ £
Materials 7,135 5,730
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 4,592 12,587
Other debtors 1,695 1,681
6,287 14,268
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Bank loans and overdrafts 3,208 5,500
Other creditors 15,233 9,889
Taxation and social security 565 1,926
19,006 17,315
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans - 1,375
Page 5