ACA SCOTLAND LTD

Company Registration Number:
SC448099 (Scotland)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

ACA SCOTLAND LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Additional notes
Balance sheet notes

ACA SCOTLAND LTD

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Current assets
Stocks: 3 122,352 84,866
Debtors: 4 1,049,725 999,667
Cash at bank and in hand: 60,710 28,061
Total current assets: 1,232,787 1,112,594
Creditors: amounts falling due within one year: 5 ( 1,141,054 ) ( 805,233 )
Net current assets (liabilities): 91,733 307,361
Total assets less current liabilities: 91,733 307,361
Total net assets (liabilities): 91,733 307,361
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 91,732 307,360
Total Shareholders' funds: 91,733 307,361

The notes form part of these financial statements

ACA SCOTLAND LTD

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 August 2024
and signed on behalf of the board by:

Name: Dara Changizi
Status: Director

The notes form part of these financial statements

ACA SCOTLAND LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

ACA SCOTLAND LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

ACA SCOTLAND LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Stocks

2023 2022
£ £
Stocks 122,352 84,866
Total 122,352 84,866

ACA SCOTLAND LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Debtors

2023 2022
£ £
Trade debtors 654,981 768,086
Prepayments and accrued income 45,636 9,113
Other debtors 349,108 222,468
Total 1,049,725 999,667

ACA SCOTLAND LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 545,167 551,813
Trade creditors 146,306 121,466
Taxation and social security 55,326
Accruals and deferred income 50,834 92,488
Other creditors 343,421 39,466
Total 1,141,054 805,233