Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 25 March 2022 false 1 April 2023 31 March 2024 31 March 2024 SC727608 Mr Barry Teague Mr Barry Teague false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC727608 2023-03-31 SC727608 2024-03-31 SC727608 2023-04-01 2024-03-31 SC727608 frs-core:CurrentFinancialInstruments 2024-03-31 SC727608 frs-core:MotorVehicles 2024-03-31 SC727608 frs-core:MotorVehicles 2023-04-01 2024-03-31 SC727608 frs-core:MotorVehicles 2023-03-31 SC727608 frs-core:PlantMachinery 2024-03-31 SC727608 frs-core:PlantMachinery 2023-04-01 2024-03-31 SC727608 frs-core:PlantMachinery 2023-03-31 SC727608 frs-core:ShareCapital 2024-03-31 SC727608 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC727608 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC727608 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC727608 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC727608 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC727608 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC727608 1 2023-04-01 2024-03-31 SC727608 frs-bus:Director1 2023-04-01 2024-03-31 SC727608 frs-countries:Scotland 2023-04-01 2024-03-31 SC727608 2022-03-24 SC727608 2023-03-31 SC727608 2022-03-25 2023-03-31 SC727608 frs-core:CurrentFinancialInstruments 2023-03-31 SC727608 frs-core:ShareCapital 2023-03-31 SC727608 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC727608
Extend (Scotland) Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Rosslyn Associates Ltd
Chartered Tax Advisers & Accountants
The Walled Garden
South Building
Bush Estate
Midlothian
EH26 0SD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC727608
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,671 22,500
18,671 22,500
CURRENT ASSETS
Stocks 5 - 10,000
Debtors 6 43,756 58,710
Cash at bank and in hand 32,532 5,643
76,288 74,353
Creditors: Amounts Falling Due Within One Year 7 (144,610 ) (135,206 )
NET CURRENT ASSETS (LIABILITIES) (68,322 ) (60,853 )
TOTAL ASSETS LESS CURRENT LIABILITIES (49,651 ) (38,353 )
NET LIABILITIES (49,651 ) (38,353 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (49,751 ) (38,453 )
SHAREHOLDERS' FUNDS (49,651) (38,353)
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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 Barry Teague
Director
27/08/2024
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
Extend (Scotland) Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC727608 . The registered office is 10 Cumlodden Avenue, Edinburgh, Scotland, EH12 6DR.
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 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 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:
Plant & Machinery 25% straight line
Motor Vehicles 25% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 2)
6 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2023 - 30,000 30,000
Additions 2,160 - 2,160
As at 31 March 2024 2,160 30,000 32,160
Depreciation
As at 1 April 2023 - 7,500 7,500
Provided during the period 364 5,625 5,989
As at 31 March 2024 364 13,125 13,489
...CONTINUED
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Net Book Value
As at 31 March 2024 1,796 16,875 18,671
As at 1 April 2023 - 22,500 22,500
5. Stocks
2024 2023
£ £
Stock - 10,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 43,746 58,700
Other debtors 10 10
43,756 58,710
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 30,412 12,150
Other creditors 101,280 97,876
Taxation and social security 12,918 25,180
144,610 135,206
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.
10. Controlling Party
The company's controlling party is Mr Barry Teague by virtue of his ownership of 90% of the issued share capital in the company.
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