Acorah Software Products - Accounts Production 16.6.950 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 05901518 Mrs Tracy Minton Mr Joseph Branfoot iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05901518 2024-08-31 05901518 2025-08-31 05901518 2024-09-01 2025-08-31 05901518 frs-core:CurrentFinancialInstruments 2025-08-31 05901518 frs-core:Non-currentFinancialInstruments 2025-08-31 05901518 frs-core:ComputerEquipment 2025-08-31 05901518 frs-core:ComputerEquipment 2024-09-01 2025-08-31 05901518 frs-core:ComputerEquipment 2024-08-31 05901518 frs-core:FurnitureFittings 2025-08-31 05901518 frs-core:FurnitureFittings 2024-09-01 2025-08-31 05901518 frs-core:FurnitureFittings 2024-08-31 05901518 frs-core:MotorVehicles 2025-08-31 05901518 frs-core:MotorVehicles 2024-09-01 2025-08-31 05901518 frs-core:MotorVehicles 2024-08-31 05901518 frs-core:PlantMachinery 2025-08-31 05901518 frs-core:PlantMachinery 2024-09-01 2025-08-31 05901518 frs-core:PlantMachinery 2024-08-31 05901518 frs-core:ShareCapital 2025-08-31 05901518 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 05901518 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 05901518 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 05901518 frs-bus:SmallEntities 2024-09-01 2025-08-31 05901518 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 05901518 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 05901518 frs-bus:Director1 2024-09-01 2025-08-31 05901518 frs-bus:Director2 2024-09-01 2025-08-31 05901518 frs-countries:EnglandWales 2024-09-01 2025-08-31 05901518 2023-08-31 05901518 2024-08-31 05901518 2023-09-01 2024-08-31 05901518 frs-core:CurrentFinancialInstruments 2024-08-31 05901518 frs-core:Non-currentFinancialInstruments 2024-08-31 05901518 frs-core:ShareCapital 2024-08-31 05901518 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 05901518
LPT Sports Limited
Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05901518
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,998 18,663
13,998 18,663
CURRENT ASSETS
Stocks 5 107,997 119,139
Debtors 6 50,219 73,802
Cash at bank and in hand 23,486 45,519
181,702 238,460
Creditors: Amounts Falling Due Within One Year 7 (102,337 ) (166,749 )
NET CURRENT ASSETS (LIABILITIES) 79,365 71,711
TOTAL ASSETS LESS CURRENT LIABILITIES 93,363 90,374
Creditors: Amounts Falling Due After More Than One Year 8 - (8,117 )
NET ASSETS 93,363 82,257
CAPITAL AND RESERVES
Called up share capital 9 14 14
Profit and Loss Account 93,349 82,243
SHAREHOLDERS' FUNDS 93,363 82,257
Page 1
Page 2
For the year ending 31 August 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
Mrs Tracy Minton
Director
5 November 2025
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
LPT Sports Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05901518 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
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, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and 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 33.3% Straight line
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 10% Straight line
Computer Equipment 33.3% 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. 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.
2.5. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
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. 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.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 9 (2024: 8)
9 8
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2024 10,395 24,885 44,109 7,290 86,679
As at 31 August 2025 10,395 24,885 44,109 7,290 86,679
Depreciation
As at 1 September 2024 10,395 6,222 44,109 7,290 68,016
Provided during the period - 4,665 - - 4,665
As at 31 August 2025 10,395 10,887 44,109 7,290 72,681
Net Book Value
As at 31 August 2025 - 13,998 - - 13,998
As at 1 September 2024 - 18,663 - - 18,663
5. Stocks
2025 2024
£ £
Stock 107,997 119,139
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 750 750
Other debtors 49,469 73,052
50,219 73,802
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 35,598 52,719
Bank loans and overdrafts 7,853 10,000
Other creditors 30,576 82,827
Taxation and social security 28,310 21,203
102,337 166,749
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 8,117
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 14 14
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