Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2022 1 April 2021 false 1 April 2022 31 March 2023 31 March 2023 SC228779 Mr Steven Anderson Mr Adrian Wilson Mr Adrian Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC228779 2022-03-31 SC228779 2023-03-31 SC228779 2022-04-01 2023-03-31 SC228779 frs-core:CurrentFinancialInstruments 2023-03-31 SC228779 frs-core:ComputerEquipment 2023-03-31 SC228779 frs-core:ComputerEquipment 2022-04-01 2023-03-31 SC228779 frs-core:ComputerEquipment 2022-03-31 SC228779 frs-core:FurnitureFittings 2022-04-01 2023-03-31 SC228779 frs-core:NetGoodwill 2023-03-31 SC228779 frs-core:NetGoodwill 2022-04-01 2023-03-31 SC228779 frs-core:NetGoodwill 2022-03-31 SC228779 frs-core:PlantMachinery 2023-03-31 SC228779 frs-core:PlantMachinery 2022-04-01 2023-03-31 SC228779 frs-core:PlantMachinery 2022-03-31 SC228779 frs-core:ShareCapital 2023-03-31 SC228779 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 SC228779 frs-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 SC228779 frs-bus:FilletedAccounts 2022-04-01 2023-03-31 SC228779 frs-bus:SmallEntities 2022-04-01 2023-03-31 SC228779 frs-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 SC228779 frs-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 SC228779 frs-bus:Director1 2022-04-01 2023-03-31 SC228779 frs-bus:Director2 2022-04-01 2023-03-31 SC228779 frs-bus:CompanySecretary1 2022-04-01 2023-03-31 SC228779 frs-countries:Scotland 2022-04-01 2023-03-31 SC228779 2021-03-31 SC228779 2022-03-31 SC228779 2021-04-01 2022-03-31 SC228779 frs-core:CurrentFinancialInstruments 2022-03-31 SC228779 frs-core:ShareCapital 2022-03-31 SC228779 frs-core:RetainedEarningsAccumulatedLosses 2022-03-31 SC228779 frs-core:CurrentFinancialInstruments 5 2022-03-31
Registered number: SC228779
Carrick Stuart & Co. (Financial Consultants) Ltd.
Unaudited Financial Statements
For The Year Ended 31 March 2023
Almond Valley Accounting Limited
CIMA
14 Ellismuir House Ellismuir Way
Tannochside
G71 5PW
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC228779
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 758 128
758 128
CURRENT ASSETS
Debtors 6 - 65,786
Cash at bank and in hand 25,713 92,220
25,713 158,006
Creditors: Amounts Falling Due Within One Year 7 (25,614 ) (87,860 )
NET CURRENT ASSETS (LIABILITIES) 99 70,146
TOTAL ASSETS LESS CURRENT LIABILITIES 857 70,274
NET ASSETS 857 70,274
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 757 70,174
SHAREHOLDERS' FUNDS 857 70,274
Page 1
Page 2
For the year ending 31 March 2023 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 Steven Anderson
Director
29/03/2024
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
Carrick Stuart & Co. (Financial Consultants) Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC228779 . The registered office is 2 The Wynd, Cumbernauld, Glasgow, G67 2SU.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 20% reducing balance
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 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.
Current 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 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: 3 (2022: 3)
3 3
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2022 10,000
As at 31 March 2023 10,000
Amortisation
As at 1 April 2022 10,000
As at 31 March 2023 10,000
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2022 - 998 998
Additions - 819 819
As at 31 March 2023 - 1,817 1,817
Depreciation
As at 1 April 2022 - 870 870
Provided during the period - 189 189
As at 31 March 2023 - 1,059 1,059
Net Book Value
As at 31 March 2023 - 758 758
As at 1 April 2022 - 128 128
6. Debtors
2023 2022
£ £
Due within one year
Net wages - 10,494
Directors' loan accounts - 55,292
- 65,786
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1 1
Bank loans and overdrafts 24,382 33,611
Other loans (11,344 ) -
Corporation tax 29,103 34,381
Other taxes and social security - 791
Intercompany - 18,872
...CONTINUED
Page 4
Page 5
Accruals and deferred income - 204
Directors' loan accounts 286 -
Amounts owed to related parties (16,814 ) -
25,614 87,860
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5