Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 SC560665 John Macdonald iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC560665 2023-03-31 SC560665 2024-03-31 SC560665 2023-04-01 2024-03-31 SC560665 frs-core:CurrentFinancialInstruments 2024-03-31 SC560665 frs-core:Non-currentFinancialInstruments 2024-03-31 SC560665 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 SC560665 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC560665 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 SC560665 frs-core:ShareCapital 2024-03-31 SC560665 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC560665 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC560665 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC560665 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC560665 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC560665 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC560665 frs-bus:Director1 2023-04-01 2024-03-31 SC560665 frs-countries:Scotland 2023-04-01 2024-03-31 SC560665 2022-03-31 SC560665 2023-03-31 SC560665 2022-04-01 2023-03-31 SC560665 frs-core:CurrentFinancialInstruments 2023-03-31 SC560665 frs-core:Non-currentFinancialInstruments 2023-03-31 SC560665 frs-core:ShareCapital 2023-03-31 SC560665 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC560665
Covta Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
14 Newton Place
Glasgow
G3 7PY
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: SC560665
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 84,882 84,882
84,882 84,882
Creditors: Amounts Falling Due Within One Year 5 (32,030 ) (26,149 )
NET CURRENT ASSETS (LIABILITIES) (32,030 ) (26,149 )
TOTAL ASSETS LESS CURRENT LIABILITIES 52,852 58,733
Creditors: Amounts Falling Due After More Than One Year 6 (54,817 ) (61,084 )
NET LIABILITIES (1,965 ) (2,351 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (2,065 ) (2,451 )
SHAREHOLDERS' FUNDS (1,965) (2,351)
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
John Macdonald
Director
24/07/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Covta Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC560665 . The registered office is 29 29, Old Carlisle Road, Moffat, Dumfriesshire, DG10 9QJ.
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. 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 No depreciation
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2023 84,882
As at 31 March 2024 84,882
Net Book Value
As at 31 March 2024 84,882
As at 1 April 2023 84,882
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 350 650
Director's loan account 31,680 25,499
32,030 26,149
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 54,817 61,084
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 2