Acorah Software Products - Accounts Production 15.0.500 true true 31 July 2022 24 November 2021 false 1 August 2022 31 July 2023 31 July 2023 SC716026 Mr Pavittar Purewal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC716026 2022-07-31 SC716026 2023-07-31 SC716026 2022-08-01 2023-07-31 SC716026 frs-core:CurrentFinancialInstruments 2023-07-31 SC716026 frs-core:FurnitureFittings 2023-07-31 SC716026 frs-core:FurnitureFittings 2022-08-01 2023-07-31 SC716026 frs-core:FurnitureFittings 2022-07-31 SC716026 frs-core:ShareCapital 2023-07-31 SC716026 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 SC716026 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 SC716026 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 SC716026 frs-bus:SmallEntities 2022-08-01 2023-07-31 SC716026 frs-bus:EntityHasNeverTraded 2022-08-01 2023-07-31 SC716026 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 SC716026 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 SC716026 frs-bus:Director1 2022-08-01 2023-07-31 SC716026 frs-countries:Scotland 2022-08-01 2023-07-31 SC716026 2021-11-23 SC716026 2022-07-31 SC716026 2021-11-24 2022-07-31 SC716026 frs-core:CurrentFinancialInstruments 2022-07-31 SC716026 frs-core:ShareCapital 2022-07-31 SC716026 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: SC716026
TIR GIFFNOCK LTD
Unaudited Financial Statements
For The Year Ended 31 July 2023
FNS Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC716026
31 July 2023 31 July 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,444 -
20,444 -
CURRENT ASSETS
Cash at bank and in hand 15,492 100
15,492 100
Creditors: Amounts Falling Due Within One Year 5 (46,077 ) -
NET CURRENT ASSETS (LIABILITIES) (30,585 ) 100
TOTAL ASSETS LESS CURRENT LIABILITIES (10,141 ) 100
NET (LIABILITIES)/ASSETS (10,141 ) 100
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (10,241 ) -
SHAREHOLDERS' FUNDS (10,141) 100
Page 1
Page 2
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 Pavittar Purewal
Director
29/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
TIR GIFFNOCK LTD is a private company, limited by shares, incorporated in Scotland, registered number SC716026 . The registered office is 2 Station Road, Glasgow, G46 6JF.
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:
Fixtures & Fittings 25555
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2022: NIL)
10 -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 August 2022 -
Additions 25,555
As at 31 July 2023 25,555
Depreciation
As at 1 August 2022 -
Provided during the period 5,111
As at 31 July 2023 5,111
Net Book Value
As at 31 July 2023 20,444
As at 1 August 2022 -
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
31 July 2023 31 July 2022
£ £
Trade creditors 1 -
VAT 21,669 -
Net wages 378 -
Director's loan account 24,029 -
46,077 -
6. Share Capital
31 July 2023 31 July 2022
£ £
Allotted, Called up and fully paid 100 100
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