Acorah Software Products - Accounts Production 15.0.500 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 SC061499 Mr Brian Weir Mr Brian Weir iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC061499 2023-03-31 SC061499 2024-03-31 SC061499 2023-04-01 2024-03-31 SC061499 frs-core:CurrentFinancialInstruments 2024-03-31 SC061499 frs-core:ShareCapital 2024-03-31 SC061499 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC061499 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC061499 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC061499 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC061499 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC061499 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC061499 frs-core:ListedExchangeTraded 2024-03-31 SC061499 frs-core:ListedExchangeTraded 2023-03-31 SC061499 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-03-31 SC061499 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-03-31 SC061499 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-03-31 SC061499 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-03-31 SC061499 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 SC061499 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-03-31 SC061499 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 SC061499 frs-bus:Director1 2023-04-01 2024-03-31 SC061499 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 SC061499 frs-countries:Scotland 2023-04-01 2024-03-31 SC061499 2022-03-31 SC061499 2023-03-31 SC061499 2022-04-01 2023-03-31 SC061499 frs-core:CurrentFinancialInstruments 2023-03-31 SC061499 frs-core:ShareCapital 2023-03-31 SC061499 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC061499
James Weir (Kirkcaldy) Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC061499
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 135,628 132,795
135,628 132,795
CURRENT ASSETS
Cash at bank and in hand 687 14,748
687 14,748
Creditors: Amounts Falling Due Within One Year 5 (794 ) (1,813 )
NET CURRENT ASSETS (LIABILITIES) (107 ) 12,935
TOTAL ASSETS LESS CURRENT LIABILITIES 135,521 145,730
NET ASSETS 135,521 145,730
CAPITAL AND RESERVES
Called up share capital 6 3 3
Profit and Loss Account 135,518 145,727
SHAREHOLDERS' FUNDS 135,521 145,730
Page 1
Page 2
For the year ending 31 March 2024 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 Brian Weir
Director
8 August 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
James Weir (Kirkcaldy) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC061499 . The registered office is 4 Orchard Court , Kinghorn, Fife, KY3 9XY.
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.3. 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.
3. Average Number of Employees
0Average number of employees, including directors, during the year was: NIL (2023: NIL)
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4. Investments
Listed
£
Cost
As at 1 April 2023 132,795
Additions 63,474
Disposals (66,874 )
Revaluations 6,233
As at 31 March 2024 135,628
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 135,628
As at 1 April 2023 132,795
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 720 719
Director's loan account 74 1,094
794 1,813
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
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