Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 SC631501 Mrs Beatrice Rogger-Gass Mr Daniel Rogger iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC631501 2022-12-31 SC631501 2023-12-31 SC631501 2023-01-01 2023-12-31 SC631501 frs-core:CurrentFinancialInstruments 2023-12-31 SC631501 frs-core:ComputerEquipment 2023-12-31 SC631501 frs-core:ComputerEquipment 2023-01-01 2023-12-31 SC631501 frs-core:ComputerEquipment 2022-12-31 SC631501 frs-core:FurnitureFittings 2023-12-31 SC631501 frs-core:FurnitureFittings 2023-01-01 2023-12-31 SC631501 frs-core:FurnitureFittings 2022-12-31 SC631501 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 SC631501 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 SC631501 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 SC631501 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 SC631501 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC631501 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 SC631501 frs-core:PlantMachinery 2023-12-31 SC631501 frs-core:PlantMachinery 2023-01-01 2023-12-31 SC631501 frs-core:PlantMachinery 2022-12-31 SC631501 frs-core:ShareCapital 2023-12-31 SC631501 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC631501 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC631501 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 SC631501 frs-bus:SmallEntities 2023-01-01 2023-12-31 SC631501 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC631501 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 SC631501 frs-bus:Director1 2023-01-01 2023-12-31 SC631501 frs-bus:Director2 2023-01-01 2023-12-31 SC631501 frs-core:CurrentFinancialInstruments 1 2023-12-31 SC631501 frs-core:CurrentFinancialInstruments 2 2023-12-31 SC631501 frs-core:CurrentFinancialInstruments 3 2023-12-31 SC631501 frs-core:CurrentFinancialInstruments 4 2023-12-31 SC631501 frs-core:CurrentFinancialInstruments 6 2023-12-31 SC631501 frs-countries:Scotland 2023-01-01 2023-12-31 SC631501 2021-12-31 SC631501 2022-12-31 SC631501 2022-01-01 2022-12-31 SC631501 frs-core:CurrentFinancialInstruments 2022-12-31 SC631501 frs-core:ShareCapital 2022-12-31 SC631501 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 SC631501 frs-core:CurrentFinancialInstruments 1 2022-12-31 SC631501 frs-core:CurrentFinancialInstruments 2 2022-12-31 SC631501 frs-core:CurrentFinancialInstruments 3 2022-12-31 SC631501 frs-core:CurrentFinancialInstruments 4 2022-12-31 SC631501 frs-core:CurrentFinancialInstruments 6 2022-12-31
Registered number: SC631501
Muir Bàn Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Murray Associates ZKI Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC631501
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 968,832 996,245
968,832 996,245
CURRENT ASSETS
Stocks 8,570 4,605
Debtors 5 6,994 9,706
Cash at bank and in hand 102,272 108,746
117,836 123,057
Creditors: Amounts Falling Due Within One Year 6 (1,026,556 ) (1,058,415 )
NET CURRENT ASSETS (LIABILITIES) (908,720 ) (935,358 )
TOTAL ASSETS LESS CURRENT LIABILITIES 60,112 60,887
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (3,687 ) (3,794 )
NET ASSETS 56,425 57,093
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 56,325 56,993
SHAREHOLDERS' FUNDS 56,425 57,093
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 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
Mrs Beatrice Rogger-Gass
Director
Mr Daniel Rogger
Director
11 April 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Muir Bàn Limited is a private company, limited by shares, incorporated in Scotland, registered number SC631501 . The registered office is The Manor House, Gallanach Road, Oban, PA34 4LS.
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Freehold 1%
Leasehold 6% straight line
Plant & Machinery 20% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 33.33% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2022: 14)
16 14
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2023 679,973 350,000 13,806 10,116
Additions - - 1,507 4,500
As at 31 December 2023 679,973 350,000 15,313 14,616
Depreciation
As at 1 January 2023 11,700 42,000 3,056 2,992
Provided during the period 5,850 21,000 2,451 2,906
As at 31 December 2023 17,550 63,000 5,507 5,898
Net Book Value
As at 31 December 2023 662,423 287,000 9,806 8,718
As at 1 January 2023 668,273 308,000 10,750 7,124
Computer Equipment Total
£ £
Cost
As at 1 January 2023 3,641 1,057,536
Additions - 6,007
As at 31 December 2023 3,641 1,063,543
Depreciation
As at 1 January 2023 1,543 61,291
Provided during the period 1,213 33,420
As at 31 December 2023 2,756 94,711
Net Book Value
As at 31 December 2023 885 968,832
As at 1 January 2023 2,098 996,245
Page 4
Page 5
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 349 -
Prepayments and accrued income 5,065 8,246
Loan to staff 1,580 1,460
6,994 9,706
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 7,316 1,613
Other taxes and social security 6,201 5,550
VAT 17,285 16,734
Net wages 3,116 206
Other creditors - 774
Voucher Control Account 1,197 3,021
Staff Gratuities 227 239
Pension contributions 947 -
Earning arrestment 91 73
Other creditors (6) 3 -
Accruals and deferred income 9,009 4,019
Directors' loan accounts 981,164 1,026,186
1,026,556 1,058,415
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2023 2022
£ £
Other timing differences 3,687 3,794
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5