Acorah Software Products - Accounts Production 15.0.600 true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 SC436059 Mr Neil Sellars iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC436059 2022-11-30 SC436059 2023-11-30 SC436059 2022-12-01 2023-11-30 SC436059 frs-core:CurrentFinancialInstruments 2023-11-30 SC436059 frs-core:Non-currentFinancialInstruments 2023-11-30 SC436059 frs-core:ComputerEquipment 2023-11-30 SC436059 frs-core:ComputerEquipment 2022-12-01 2023-11-30 SC436059 frs-core:ComputerEquipment 2022-11-30 SC436059 frs-core:FurnitureFittings 2023-11-30 SC436059 frs-core:FurnitureFittings 2022-12-01 2023-11-30 SC436059 frs-core:FurnitureFittings 2022-11-30 SC436059 frs-core:ShareCapital 2023-11-30 SC436059 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC436059 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC436059 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 SC436059 frs-bus:SmallEntities 2022-12-01 2023-11-30 SC436059 frs-bus:EntityHasNeverTraded 2022-12-01 2023-11-30 SC436059 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC436059 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 SC436059 frs-bus:Director1 2022-12-01 2023-11-30 SC436059 frs-countries:Scotland 2022-12-01 2023-11-30 SC436059 2021-11-30 SC436059 2022-11-30 SC436059 2021-12-01 2022-11-30 SC436059 frs-core:CurrentFinancialInstruments 2022-11-30 SC436059 frs-core:Non-currentFinancialInstruments 2022-11-30 SC436059 frs-core:ShareCapital 2022-11-30 SC436059 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: SC436059
Nastech Design Limited
Unaudited Dormant Financial Statements
For The Year Ended 30 November 2023
Douglas Briggs FCCA, FMAAT
62 Wellesley Road
Methil
Leven
Fife
KY8 3AF
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC436059
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 42,075 42,075
Cash at bank and in hand 8,147 8,147
50,222 50,222
Creditors: Amounts Falling Due Within One Year 6 (9,452 ) (9,452 )
NET CURRENT ASSETS (LIABILITIES) 40,770 40,770
TOTAL ASSETS LESS CURRENT LIABILITIES 40,770 40,770
Creditors: Amounts Falling Due After More Than One Year 7 (19,361 ) (19,361 )
NET ASSETS 21,409 21,409
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 21,407 21,407
SHAREHOLDERS' FUNDS 21,409 21,409
For the year ending 30 November 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 Neil Sellars
Director
27/08/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Nastech Design Limited is a private company, limited by shares, incorporated in Scotland, registered number SC436059 . The registered office is G8 Kinross Business Centre, 21-25 High Street, KInross, KY13 8AW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 straight line over 3 years
Computer Equipment straight line over 3 years
2.4. 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
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
1 1
Page 2
Page 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 December 2022 100 2,100 2,200
As at 30 November 2023 100 2,100 2,200
Depreciation
As at 1 December 2022 100 2,100 2,200
As at 30 November 2023 100 2,100 2,200
Net Book Value
As at 30 November 2023 - - -
As at 1 December 2022 - - -
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 42,075 42,075
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1 1
Corporation tax 133 133
Accruals and deferred income 2,500 2,500
Director's loan account 6,818 6,818
9,452 9,452
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 19,361 19,361
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 3