Acorah Software Products - Accounts Production 19.2.450 false true false 9 October 2024 31 October 2025 31 October 2025 16006576 Mr Leon Rich true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 16006576 2024-10-08 16006576 2025-10-31 16006576 2024-10-09 2025-10-31 16006576 frs-core:CurrentFinancialInstruments 2025-10-31 16006576 frs-core:Non-currentFinancialInstruments 2025-10-31 16006576 frs-core:SharePremium 2025-10-31 16006576 frs-core:ShareCapital 2025-10-31 16006576 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 16006576 frs-bus:PrivateLimitedCompanyLtd 2024-10-09 2025-10-31 16006576 frs-bus:FilletedAccounts 2024-10-09 2025-10-31 16006576 frs-bus:SmallEntities 2024-10-09 2025-10-31 16006576 frs-bus:AuditExempt-NoAccountantsReport 2024-10-09 2025-10-31 16006576 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-09 2025-10-31 16006576 1 2024-10-09 2025-10-31 16006576 frs-core:UnlistedNon-exchangeTraded 2025-10-31 16006576 frs-core:UnlistedNon-exchangeTraded 2024-10-08 16006576 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-10-08 16006576 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-10-31 16006576 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-10-31 16006576 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-08 16006576 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-10-31 16006576 frs-bus:Director1 2024-10-09 2025-10-31 16006576 frs-countries:EnglandWales 2024-10-09 2025-10-31
Registered number: 16006576
L R Holdings (Lichfield) Limited
Unaudited Financial Statements
For the Period 9 October 2024 to 31 October 2025
Robb & Co
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 16006576
31 October 2025
Notes £ £
FIXED ASSETS
Investments 4 900,000
900,000
Creditors: Amounts Falling Due Within One Year 5 (166,484 )
NET CURRENT ASSETS (LIABILITIES) (166,484 )
TOTAL ASSETS LESS CURRENT LIABILITIES 733,516
Creditors: Amounts Falling Due After More Than One Year 6 (520,000 )
NET ASSETS 213,516
CAPITAL AND RESERVES
Called up share capital 7 2,000
Share premium account 198,000
Profit and Loss Account 13,516
SHAREHOLDERS' FUNDS 213,516
For the period ending 31 October 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 Leon Rich
Director
12/11/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
L R Holdings (Lichfield) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16006576 . The registered office is 6 Worcester Close, Lichfield, Staffordshire, WS13 7SP.
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. Financial Instruments
The company has issued loan notes to the value of £650,000. These are repyable over 10 years and interest is charged on the capital only at 2% p.a.
The company has not discounted the value of these loan notes. 
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 and deferred tax are recognised in profit or loss for the period, 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.
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2.5. Parent and Subsidiary Company
Rich Chiropractic Limited owns 50% of the issued share capital of the company. L R Holdings (Lichfield Limited owns 99.99% of the issued share capital of Midland Chiropractic Limited
The group is a small group andthe accounts are the accounts of the company.
The accounts of Rich Chiropractic Limited are available from 6 Worcester Close, Lichfield, England, WS13 7SP
The accounts of Midland Chiropractic Limited are available from 94 Fazeley Road, Tamworth, Staffordshire, B78 3LL
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Investments
Unlisted
£
Cost or Valuation
As at 9 October 2024 -
Additions 900,000
As at 31 October 2025 900,000
Provision
As at 9 October 2024 -
As at 31 October 2025 -
Net Book Value
As at 31 October 2025 900,000
As at 9 October 2024 -
On 29 October 2024 L R Holdings (Lichfield) Limited acquired 100% of the issued share capitalof Midland Chiropractic Limited. The cost of this was £700,000 for 80% of the shares plus £200,000 for shares held by Leon Rich and Rich Chiropractic Limited, which was financed by the issue ofshare capital.
5. Creditors: Amounts Falling Due Within One Year
31 October 2025
£
Debentures 65,000
Amounts owed to group undertakings 47,054
Amounts owed to participating interests 50,000
Other creditors 1,260
Taxation and social security 3,170
166,484
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6. Creditors: Amounts Falling Due After More Than One Year
31 October 2025
£
Debentures 520,000
Included within creditors are loan notes amounting to £585,000 falling due over the next 9 years.  There is interest of 2% payable on the loan notes. This interest has been charged in Midland Chiropractic Limited, the subsidary trading company.
There is a fixed and floating charge over all assets of the company in favour of Drs M & L Clancy in relation to the loan notes.
7. Share Capital
31 October 2025
£
Allotted, Called up and fully paid 2,000
During the year 1,000 A Shares and 1,000 B shares were issued. The A shares were issued in exchange for shares in Midland Chiropractic Limited and were valued at their cost of £100,000. The B shares were issued in exchange for shares in Midland Chiropractic Limited and were valued at their cost of £100,000.
8. Related Party Transactions
Management fees of £17,866 were charge to Midland Chiropractic Limited, the subsidiary company.
9. Ultimate Controlling Party
The company's ultimate controlling party is, the director Leon Rich by virtue of his ownership of 50% of the issued share capital in the company and 90% of the share capital of Rich Chiropractic Limited, the parent company.
The parent company is Rich Chiropractic Limited which owns 50% of the issued share capital.
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