Acorah Software Products - Accounts Production 14.5.501 false true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 SC124280 Mr Charles Pearson Mrs Myra O'Connor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC124280 2022-08-31 SC124280 2023-08-31 SC124280 2022-09-01 2023-08-31 SC124280 frs-core:CurrentFinancialInstruments 2023-08-31 SC124280 frs-core:Non-currentFinancialInstruments 2023-08-31 SC124280 frs-core:FurnitureFittings 2022-09-01 2023-08-31 SC124280 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 SC124280 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 SC124280 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-08-31 SC124280 frs-core:RevaluationReserve 2023-08-31 SC124280 frs-core:ShareCapital 2023-08-31 SC124280 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 SC124280 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 SC124280 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 SC124280 frs-bus:SmallEntities 2022-09-01 2023-08-31 SC124280 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 SC124280 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 SC124280 frs-core:UnlistedNon-exchangeTraded 2023-08-31 SC124280 frs-core:UnlistedNon-exchangeTraded 2022-08-31 SC124280 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-08-31 SC124280 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-08-31 SC124280 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-08-31 SC124280 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-08-31 SC124280 frs-bus:Director1 2022-09-01 2023-08-31 SC124280 frs-bus:Director2 2022-09-01 2023-08-31 SC124280 frs-core:CurrentFinancialInstruments 2 2023-08-31 SC124280 frs-countries:Scotland 2022-09-01 2023-08-31 SC124280 2021-08-31 SC124280 2022-08-31 SC124280 2021-09-01 2022-08-31 SC124280 frs-core:CurrentFinancialInstruments 2022-08-31 SC124280 frs-core:Non-currentFinancialInstruments 2022-08-31 SC124280 frs-core:RevaluationReserve 2022-08-31 SC124280 frs-core:ShareCapital 2022-08-31 SC124280 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31 SC124280 frs-core:CurrentFinancialInstruments 2 2022-08-31
Registered number: SC124280
Office Suites UK Ltd.
Unaudited Financial Statements
For The Year Ended 31 August 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—5
Page 1
Balance Sheet
Registered number: SC124280
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 5 36,605 36,605
36,605 36,605
CURRENT ASSETS
Stocks 6 876,775 1,379,383
Debtors 7 197,596 222,215
Cash at bank and in hand 99,803 18,955
1,174,174 1,620,553
Creditors: Amounts Falling Due Within One Year 8 (179,231 ) (268,783 )
NET CURRENT ASSETS (LIABILITIES) 994,943 1,351,770
TOTAL ASSETS LESS CURRENT LIABILITIES 1,031,548 1,388,375
Creditors: Amounts Falling Due After More Than One Year 9 (847,383 ) (1,152,522 )
NET ASSETS 184,165 235,853
CAPITAL AND RESERVES
Called up share capital 10 100 81
Revaluation reserve - 17,206
Profit and Loss Account 184,065 218,566
SHAREHOLDERS' FUNDS 184,165 235,853
Page 1
Page 2
For the year ending 31 August 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 Charles Pearson
Director
15th April 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
Office Suites UK Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC124280 . The registered office is Catchpell House, 4/1d Carpet lane, Edinburgh, EH6 6SS.
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. 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:
Freehold At valuation
Fixtures & Fittings 15% reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 4)
4 4
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 September 2022 -
Net Book Value
As at 31 August 2023 -
As at 1 September 2022 -
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 September 2022 36,605
As at 31 August 2023 36,605
Provision
As at 1 September 2022 -
As at 31 August 2023 -
Net Book Value
As at 31 August 2023 36,605
As at 1 September 2022 36,605
Office Suites UK Ltd owns 75% of the share capital of Ross Country Homes Ltd (SC289591) and this makes up the investment cost of £36,605.
6. Stocks
2023 2022
£ £
Work in progress 876,775 1,379,383
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 349 4,593
Prepayments and accrued income 10,702 19,614
Other debtors 127,480 133,119
Other Loans 45,193 45,193
VAT 13,872 19,696
197,596 222,215
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 64,132 105,856
Other taxes and social security 561 131
Shareholders loans 66,795 42,485
Directors' loan accounts 47,743 120,311
179,231 268,783
Page 4
Page 5
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 731,349 937,522
Other creditors 116,034 215,000
847,383 1,152,522
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 81
Page 5