Acorah Software Products - Accounts Production 19.3.600 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 12105704 Mr Mark Norman Mrs Lisa Norman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12105704 2025-03-31 12105704 2026-03-31 12105704 2025-04-01 2026-03-31 12105704 frs-core:CurrentFinancialInstruments 2026-03-31 12105704 frs-core:MotorVehicles 2026-03-31 12105704 frs-core:MotorVehicles 2025-04-01 2026-03-31 12105704 frs-core:MotorVehicles 2025-03-31 12105704 frs-core:PlantMachinery 2026-03-31 12105704 frs-core:PlantMachinery 2025-04-01 2026-03-31 12105704 frs-core:PlantMachinery 2025-03-31 12105704 frs-core:ShareCapital 2026-03-31 12105704 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 12105704 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 12105704 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 12105704 frs-bus:SmallEntities 2025-04-01 2026-03-31 12105704 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 12105704 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 12105704 frs-bus:Director1 2025-04-01 2026-03-31 12105704 frs-bus:Director2 2025-04-01 2026-03-31 12105704 frs-countries:EnglandWales 2025-04-01 2026-03-31 12105704 2024-03-31 12105704 2025-03-31 12105704 2024-04-01 2025-03-31 12105704 frs-core:CurrentFinancialInstruments 2025-03-31 12105704 frs-core:ShareCapital 2025-03-31 12105704 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 12105704
Lake Industrial Roofing & Cladding Limited
Financial Statements
For The Year Ended 31 March 2026
Stepping Stones Accountancy Ltd
7c Hanham Hall
Whittucks Road
Hanham
Bristol
BS15 3FR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12105704
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 41,346 32,072
41,346 32,072
CURRENT ASSETS
Debtors 5 27,942 37,621
Cash at bank and in hand 59,650 63,979
87,592 101,600
Creditors: Amounts Falling Due Within One Year 6 (97,407 ) (131,680 )
NET CURRENT ASSETS (LIABILITIES) (9,815 ) (30,080 )
TOTAL ASSETS LESS CURRENT LIABILITIES 31,531 1,992
NET ASSETS 31,531 1,992
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 31,431 1,892
SHAREHOLDERS' FUNDS 31,531 1,992
Page 1
Page 2
For the year ending 31 March 2026 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 Norman
Director
14/10/2026
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
Lake Industrial Roofing & Cladding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12105704 . The registered office is 7c Hanham Hall, Whittucks Road, Hanham, Bristol, BS15 3FR.
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% straight line basis
Motor Vehicles 25% straight line basis
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 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.
...CONTINUED
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2.4. Taxation - continued
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: 2 (2025: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2025 4,422 58,430 62,852
Additions - 39,887 39,887
Disposals - (36,971 ) (36,971 )
As at 31 March 2026 4,422 61,346 65,768
Depreciation
As at 1 April 2025 2,805 27,975 30,780
Provided during the period 784 18,077 18,861
Disposals - (25,219 ) (25,219 )
As at 31 March 2026 3,589 20,833 24,422
Net Book Value
As at 31 March 2026 833 40,513 41,346
As at 1 April 2025 1,617 30,455 32,072
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5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 9,353 9,769
Prepayments and accrued income 4,930 -
Other debtors 3,970 27,852
Other taxes and social security 9,689 -
27,942 37,621
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 285 2,262
Other taxes and social security - 21,736
Other creditors 96,622 107,222
Accruals and deferred income 500 460
97,407 131,680
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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