Acorah Software Products - Accounts Production 14.5.601 false true false 14 November 2022 30 November 2023 30 November 2023 SC750273 Mr Rhys Spackman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC750273 2022-11-13 SC750273 2023-11-30 SC750273 2022-11-14 2023-11-30 SC750273 frs-core:FurnitureFittings 2022-11-14 2023-11-30 SC750273 frs-core:NetGoodwill 2022-11-14 2023-11-30 SC750273 frs-core:PlantMachinery 2022-11-14 2023-11-30 SC750273 frs-core:ShareCapital 2023-11-30 SC750273 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC750273 frs-bus:PrivateLimitedCompanyLtd 2022-11-14 2023-11-30 SC750273 frs-bus:FilletedAccounts 2022-11-14 2023-11-30 SC750273 frs-bus:SmallEntities 2022-11-14 2023-11-30 SC750273 frs-bus:AuditExempt-NoAccountantsReport 2022-11-14 2023-11-30 SC750273 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-14 2023-11-30 SC750273 frs-bus:Director1 2022-11-14 2023-11-30 SC750273 frs-countries:Scotland 2022-11-14 2023-11-30
Registered number: SC750273
Braw Fitness Ltd
Unaudited Financial Statements
For the Period 14 November 2022 to 30 November 2023
C.I.K. Accounting Solutions
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: SC750273
30 November 2023
Notes £ £
FIXED ASSETS
Intangible Assets 4,800
Tangible Assets 786
5,586
CURRENT ASSETS
Debtors 248
Cash at bank and in hand 8,114
8,362
Creditors: Amounts Falling Due Within One Year (16,128 )
NET CURRENT ASSETS (LIABILITIES) (7,766 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,180 )
NET LIABILITIES (2,180 )
CAPITAL AND RESERVES
Called up share capital 4 1
Profit and Loss Account (2,181 )
SHAREHOLDERS' FUNDS (2,180)
Page 1
Page 2
For the period ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Rhys Spackman
Director
25/03/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Braw Fitness Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC750273 . The registered office is Unit 1, Plot 5 Skirmie Park, Blairgowrie, Perthshire, PH10 6NP.
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 15% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Share Capital
30 November 2023
£
Allotted, Called up and fully paid 1
Page 3