Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 SC089086 Alan Crawford Alistair McLeman Lewis Mcleman Deborah McLeman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC089086 2022-07-31 SC089086 2023-07-31 SC089086 2022-08-01 2023-07-31 SC089086 frs-core:CurrentFinancialInstruments 2023-07-31 SC089086 frs-core:Non-currentFinancialInstruments 2023-07-31 SC089086 frs-core:BetweenOneFiveYears 2023-07-31 SC089086 frs-core:ComputerEquipment 2023-07-31 SC089086 frs-core:ComputerEquipment 2022-08-01 2023-07-31 SC089086 frs-core:ComputerEquipment 2022-07-31 SC089086 frs-core:FurnitureFittings 2022-08-01 2023-07-31 SC089086 frs-core:MotorVehicles 2023-07-31 SC089086 frs-core:MotorVehicles 2022-08-01 2023-07-31 SC089086 frs-core:MotorVehicles 2022-07-31 SC089086 frs-core:PlantMachinery 2023-07-31 SC089086 frs-core:PlantMachinery 2022-08-01 2023-07-31 SC089086 frs-core:PlantMachinery 2022-07-31 SC089086 frs-core:WithinOneYear 2023-07-31 SC089086 frs-core:ShareCapital 2023-07-31 SC089086 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 SC089086 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 SC089086 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 SC089086 frs-bus:SmallEntities 2022-08-01 2023-07-31 SC089086 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 SC089086 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 SC089086 frs-bus:Director1 2022-08-01 2023-07-31 SC089086 frs-bus:Director2 2022-08-01 2023-07-31 SC089086 frs-bus:Director3 2022-08-01 2023-07-31 SC089086 frs-bus:CompanySecretary1 2022-08-01 2023-07-31 SC089086 1 2022-08-01 2023-07-31 SC089086 frs-countries:Scotland 2022-08-01 2023-07-31 SC089086 2021-07-31 SC089086 2022-07-31 SC089086 2021-08-01 2022-07-31 SC089086 frs-core:CurrentFinancialInstruments 2022-07-31 SC089086 frs-core:Non-currentFinancialInstruments 2022-07-31 SC089086 frs-core:BetweenOneFiveYears 2022-07-31 SC089086 frs-core:WithinOneYear 2022-07-31 SC089086 frs-core:ShareCapital 2022-07-31 SC089086 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31 SC089086 1 2021-08-01 2022-07-31
Registered number: SC089086
Black Box Security Alarm Systems (Scotland) Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
14 Newton Place
Glasgow
G3 7PY
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: SC089086
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 100,357 109,437
100,357 109,437
CURRENT ASSETS
Stocks 5 37,110 58,202
Debtors 6 335,511 196,630
Cash at bank and in hand 107,710 50,130
480,331 304,962
Creditors: Amounts Falling Due Within One Year 7 (353,360 ) (187,584 )
NET CURRENT ASSETS (LIABILITIES) 126,971 117,378
TOTAL ASSETS LESS CURRENT LIABILITIES 227,328 226,815
Creditors: Amounts Falling Due After More Than One Year 8 (121,823 ) (121,215 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (14,928 ) (14,469 )
NET ASSETS 90,577 91,131
CAPITAL AND RESERVES
Called up share capital 10 100,004 100,004
Income Statement (9,427 ) (8,873 )
SHAREHOLDERS' FUNDS 90,577 91,131
Page 1
Page 2
For the year ending 31 July 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 Income Statement.
On behalf of the board
Alistair McLeman
Director
02/04/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Black Box Security Alarm Systems (Scotland) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC089086 . The registered office is Teknek House River Drive, Inchinnan, Renfrewshire, PA4 9RT.
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.
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 10% on Cost
Motor Vehicles 20% on Cost
Fixtures & Fittings 25% on Cost
Computer Equipment 33% on Cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.
2.5. 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.
2.6. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 6 6
Alarm installation 10 10
16 16
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2022 69,213 180,186 3,415 252,814
Additions - 39,620 - 39,620
Disposals (40,763 ) - - (40,763 )
As at 31 July 2023 28,450 219,806 3,415 251,671
Depreciation
As at 1 August 2022 56,189 83,773 3,415 143,377
Provided during the period 6,922 41,778 - 48,700
Disposals (40,763 ) - - (40,763 )
As at 31 July 2023 22,348 125,551 3,415 151,314
Net Book Value
As at 31 July 2023 6,102 94,255 - 100,357
As at 1 August 2022 13,024 96,413 - 109,437
5. Stocks
2023 2022
£ £
Stock 37,110 58,202
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 335,511 196,630
335,511 196,630
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7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 28,181 33,608
Trade creditors 219,075 67,602
Bank loans and overdrafts 16,664 15,475
Corporation tax 20,733 9,377
Other taxes and social security 11,479 10,777
VAT 46,081 46,430
Accruals and deferred income 8,367 1,375
Directors' loan accounts 2,780 2,940
353,360 187,584
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 83,092 64,836
Bank loans 38,731 56,379
121,823 121,215
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 28,181 33,608
Later than one year and not later than five years 83,092 64,836
111,273 98,444
111,273 98,444
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100,004 100,004
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