Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 13 July 2022 false 1 August 2023 31 July 2024 31 July 2024 SC738273 Mr William Thomson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC738273 2023-07-31 SC738273 2024-07-31 SC738273 2023-08-01 2024-07-31 SC738273 frs-core:CurrentFinancialInstruments 2024-07-31 SC738273 frs-core:ShareCapital 2024-07-31 SC738273 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC738273 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC738273 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 SC738273 frs-bus:SmallEntities 2023-08-01 2024-07-31 SC738273 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC738273 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 SC738273 frs-bus:Director1 2023-08-01 2024-07-31 SC738273 frs-countries:Scotland 2023-08-01 2024-07-31 SC738273 2022-07-12 SC738273 2023-07-31 SC738273 2022-07-13 2023-07-31 SC738273 frs-core:CurrentFinancialInstruments 2023-07-31 SC738273 frs-core:ShareCapital 2023-07-31 SC738273 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: SC738273
Verity Estate Planning Ltd
Financial Statements
For The Year Ended 31 July 2024
Donoghue & Co. Ltd
19a Wellside Place
Falkirk
FK1 5RL
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: SC738273
31 July 2024 31 July 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 130 445
130 445
Creditors: Amounts Falling Due Within One Year 4 (5,609 ) (7,109 )
NET CURRENT ASSETS (LIABILITIES) (5,479 ) (6,664 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,479 ) (6,664 )
NET LIABILITIES (5,479 ) (6,664 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (5,579 ) (6,764 )
SHAREHOLDERS' FUNDS (5,479) (6,664)
For the year ending 31 July 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 William Thomson
Director
12th August 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Verity Estate Planning Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC738273 . The registered office is 11-15 Low Glencairn Street, Lm Accountancy Services, Kilmarnock, KA1 4DG.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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4. Creditors: Amounts Falling Due Within One Year
31 July 2024 31 July 2023
£ £
Accruals and deferred income 480 480
Director's loan account 5,129 6,629
5,609 7,109
5. Share Capital
31 July 2024 31 July 2023
£ £
Allotted, Called up and fully paid 100 100
Page 2