Acorah Software Products - Accounts Production 15.0.500 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 SC601428 Mr Bryan Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC601428 2022-07-31 SC601428 2023-07-31 SC601428 2022-08-01 2023-07-31 SC601428 frs-core:Non-currentFinancialInstruments 2023-07-31 SC601428 frs-core:FurnitureFittings 2022-08-01 2023-07-31 SC601428 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-08-01 2023-07-31 SC601428 frs-core:PlantMachinery 2022-08-01 2023-07-31 SC601428 frs-core:ShareCapital 2023-07-31 SC601428 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 SC601428 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 SC601428 frs-bus:AbridgedAccounts 2022-08-01 2023-07-31 SC601428 frs-bus:SmallEntities 2022-08-01 2023-07-31 SC601428 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 SC601428 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 SC601428 frs-bus:Director1 2022-08-01 2023-07-31 SC601428 frs-countries:Scotland 2022-08-01 2023-07-31 SC601428 2021-07-31 SC601428 2022-07-31 SC601428 2021-08-01 2022-07-31 SC601428 frs-core:Non-currentFinancialInstruments 2022-07-31 SC601428 frs-core:ShareCapital 2022-07-31 SC601428 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: SC601428
Castlerock Associates Limited
ABRIDGED Financial Statements
For The Year Ended 31 July 2023
Know Tax Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: SC601428
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,478 117,863
Investment Properties 5 331,099 -
351,577 117,863
CURRENT ASSETS
Debtors 1,611 13,416
Cash at bank and in hand - 9,802
1,611 23,218
Creditors: Amounts Falling Due Within One Year (185,131 ) (149,128 )
NET CURRENT ASSETS (LIABILITIES) (183,520 ) (125,910 )
TOTAL ASSETS LESS CURRENT LIABILITIES 168,057 (8,047 )
Creditors: Amounts Falling Due After More Than One Year (173,000 ) -
NET LIABILITIES (4,943 ) (8,047 )
CAPITAL AND RESERVES
Called up share capital 6 2,000 2,000
Profit and Loss Account (6,943 ) (10,047 )
SHAREHOLDERS' FUNDS (4,943) (8,047)
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 Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 July 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Bryan Wilson
Director
27/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Castlerock Associates Limited is a private company, limited by shares, incorporated in Scotland, registered number SC601428 . The registered office is 12 Dunkeld Street, Aberfeldy, Perthshire, PH15 2DA.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Leasehold 10% Straight Line
Plant & Machinery 20% Straight Line
Fixtures & Fittings 10% Straight Line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 3 2
3 2
4. Tangible Assets
Total
£
Cost
As at 1 August 2022 136,203
Additions 723
Disposals (111,203 )
As at 31 July 2023 25,723
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 August 2022 18,340
Provided during the period (7,029 )
Disposals (6,066 )
As at 31 July 2023 5,245
Net Book Value
As at 31 July 2023 20,478
As at 1 August 2022 117,863
5. Investment Property
2023
£
Fair Value
As at 1 August 2022 -
Additions 331,099
As at 31 July 2023 331,099
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2,000 2,000
Page 4