Acorah Software Products - Accounts Production 19.3.600 false true 31 January 2025 1 February 2024 false 1 February 2025 30 November 2025 30 November 2025 07125772 Mr Joshua Hale Mr Nicholas Goodison iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07125772 2025-01-31 07125772 2025-11-30 07125772 2025-02-01 2025-11-30 07125772 frs-core:CurrentFinancialInstruments 2025-11-30 07125772 frs-core:ComputerEquipment 2025-11-30 07125772 frs-core:ComputerEquipment 2025-02-01 2025-11-30 07125772 frs-core:ComputerEquipment 2025-01-31 07125772 frs-core:FurnitureFittings 2025-11-30 07125772 frs-core:FurnitureFittings 2025-02-01 2025-11-30 07125772 frs-core:FurnitureFittings 2025-01-31 07125772 frs-core:MotorVehicles 2025-11-30 07125772 frs-core:MotorVehicles 2025-02-01 2025-11-30 07125772 frs-core:MotorVehicles 2025-01-31 07125772 frs-core:PlantMachinery 2025-11-30 07125772 frs-core:PlantMachinery 2025-02-01 2025-11-30 07125772 frs-core:PlantMachinery 2025-01-31 07125772 frs-core:ShareCapital 2025-11-30 07125772 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 07125772 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2025-11-30 07125772 frs-bus:FilletedAccounts 2025-02-01 2025-11-30 07125772 frs-bus:SmallEntities 2025-02-01 2025-11-30 07125772 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2025-11-30 07125772 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2025-11-30 07125772 frs-bus:Director1 2025-02-01 2025-11-30 07125772 frs-bus:Director2 2025-02-01 2025-11-30 07125772 frs-countries:EnglandWales 2025-02-01 2025-11-30 07125772 2024-01-31 07125772 2025-01-31 07125772 2024-02-01 2025-01-31 07125772 frs-core:CurrentFinancialInstruments 2025-01-31 07125772 frs-core:WithinOneYear 2025-01-31 07125772 frs-core:ShareCapital 2025-01-31 07125772 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 07125772
Loading Bay Lifts Limited
Unaudited Financial Statements
For the Period 1 February 2025 to 30 November 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07125772
30 November 2025 31 January 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 57,965 56,874
57,965 56,874
CURRENT ASSETS
Stocks 5 49,133 68,564
Debtors 6 561,162 155,333
Cash at bank and in hand 46,982 369,565
657,277 593,462
Creditors: Amounts Falling Due Within One Year 7 (248,066 ) (190,124 )
NET CURRENT ASSETS (LIABILITIES) 409,211 403,338
TOTAL ASSETS LESS CURRENT LIABILITIES 467,176 460,212
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,276 ) (10,501 )
NET ASSETS 455,900 449,711
CAPITAL AND RESERVES
Called up share capital 9 30 30
Profit and Loss Account 455,870 449,681
SHAREHOLDERS' FUNDS 455,900 449,711
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For the period ending 30 November 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 Joshua Hale
Director
9 July 2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Loading Bay Lifts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07125772 . The registered office is Unit 1 Seymour Business Park, Whimsey Ind Est, Cinderford, Gloucestershire, GL14 3JA.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 20% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. 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.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 11 (2025: 8)
11 8
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2025 75,802 78,267 11,916 6,883 172,868
Additions 952 - 16,714 3,736 21,402
As at 30 November 2025 76,754 78,267 28,630 10,619 194,270
Depreciation
As at 1 February 2025 62,926 38,875 8,301 5,892 115,994
Provided during the period 2,813 14,827 2,264 407 20,311
As at 30 November 2025 65,739 53,702 10,565 6,299 136,305
Net Book Value
As at 30 November 2025 11,015 24,565 18,065 4,320 57,965
As at 1 February 2025 12,876 39,392 3,615 991 56,874
5. Stocks
30 November 2025 31 January 2025
£ £
Finished goods - 2,126
Work in progress 49,133 66,438
49,133 68,564
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6. Debtors
30 November 2025 31 January 2025
£ £
Due within one year
Trade debtors 377,910 143,443
Amounts owed by group undertakings 159,765 -
Other debtors 23,487 11,890
561,162 155,333
7. Creditors: Amounts Falling Due Within One Year
30 November 2025 31 January 2025
£ £
Net obligations under finance lease and hire purchase contracts - 1,316
Trade creditors 111,424 109,692
Other creditors 2,889 55,265
Taxation and social security 133,753 23,851
248,066 190,124
8. Obligations Under Finance Leases and Hire Purchase
30 November 2025 31 January 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 1,316
9. Share Capital
30 November 2025 31 January 2025
£ £
Allotted, Called up and fully paid 30 30
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