Acorah Software Products - Accounts Production 14.5.501 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 SC517715 Mrs Amanda Brown Mr Martin Brown Martin & Amanda Brown true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC517715 2022-10-31 SC517715 2023-10-31 SC517715 2022-11-01 2023-10-31 SC517715 frs-core:CurrentFinancialInstruments 2023-10-31 SC517715 frs-core:FurnitureFittings 2023-10-31 SC517715 frs-core:FurnitureFittings 2022-11-01 2023-10-31 SC517715 frs-core:FurnitureFittings 2022-10-31 SC517715 frs-core:PlantMachinery 2023-10-31 SC517715 frs-core:PlantMachinery 2022-11-01 2023-10-31 SC517715 frs-core:PlantMachinery 2022-10-31 SC517715 frs-core:ShareCapital 2023-10-31 SC517715 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC517715 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 SC517715 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 SC517715 frs-bus:SmallEntities 2022-11-01 2023-10-31 SC517715 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 SC517715 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 SC517715 1 2022-11-01 2023-10-31 SC517715 frs-bus:Director1 2022-11-01 2023-10-31 SC517715 frs-bus:Director2 2022-11-01 2023-10-31 SC517715 frs-countries:Scotland 2022-11-01 2023-10-31 SC517715 2021-10-31 SC517715 2022-10-31 SC517715 2021-11-01 2022-10-31 SC517715 frs-core:CurrentFinancialInstruments 2022-10-31 SC517715 frs-core:ShareCapital 2022-10-31 SC517715 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: SC517715
AL & MS Brown Ltd.
Unaudited Financial Statements
For The Year Ended 31 October 2023
D Napier Accountancy
ACCA
Office 2, 30/2 Eskbank Office Complex
Hardengreen Industrial Estate
Dalkeith
EH22 3NX
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC517715
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 588 732
588 732
CURRENT ASSETS
Cash at bank and in hand 52,529 70,274
52,529 70,274
Creditors: Amounts Falling Due Within One Year 5 (4,222 ) (10,977 )
NET CURRENT ASSETS (LIABILITIES) 48,307 59,297
TOTAL ASSETS LESS CURRENT LIABILITIES 48,895 60,029
NET ASSETS 48,895 60,029
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 48,795 59,929
SHAREHOLDERS' FUNDS 48,895 60,029
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For the year ending 31 October 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 Martin Brown
Director
1st April 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
AL & MS Brown Ltd. Registered number SC517715 is a limited by shares company incorporated in Scotland. The Registered Office is Office 2, 30/2 Eskbank Office Complex, Hardengreen Industrial Estate, Dalkeith, Midlothian, EH22 3NX.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 Over 2 years
Fixtures & Fittings 33% Straight Line
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.
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.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2022 1,793 - 1,793
Additions - 300 300
As at 31 October 2023 1,793 300 2,093
Depreciation
As at 1 November 2022 1,061 - 1,061
Provided during the period 361 83 444
As at 31 October 2023 1,422 83 1,505
Net Book Value
As at 31 October 2023 371 217 588
As at 1 November 2022 732 - 732
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 1
Corporation tax 3,188 9,016
Other taxes and social security 32 -
Directors' loan accounts 1,002 1,960
4,222 10,977
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
7. Ultimate Controlling Party
The company's ultimate controlling party is Martin & Amanda Brown by virtue of their ownership of 100% of the issued share capital in the company.
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