Acorah Software Products - Accounts Production 15.0.600 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 SC168686 Mr Alec Rattray Mr James Rattray Mr Alec Rattray true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC168686 2023-03-31 SC168686 2024-03-31 SC168686 2023-04-01 2024-03-31 SC168686 frs-core:CurrentFinancialInstruments 2024-03-31 SC168686 frs-core:ComputerEquipment 2024-03-31 SC168686 frs-core:ComputerEquipment 2023-04-01 2024-03-31 SC168686 frs-core:ComputerEquipment 2023-03-31 SC168686 frs-core:FurnitureFittings 2024-03-31 SC168686 frs-core:FurnitureFittings 2023-04-01 2024-03-31 SC168686 frs-core:FurnitureFittings 2023-03-31 SC168686 frs-core:MotorVehicles 2024-03-31 SC168686 frs-core:MotorVehicles 2023-04-01 2024-03-31 SC168686 frs-core:MotorVehicles 2023-03-31 SC168686 frs-core:PlantMachinery 2024-03-31 SC168686 frs-core:PlantMachinery 2023-04-01 2024-03-31 SC168686 frs-core:PlantMachinery 2023-03-31 SC168686 frs-core:ShareCapital 2024-03-31 SC168686 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC168686 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC168686 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC168686 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC168686 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC168686 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC168686 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31 SC168686 frs-bus:OrdinaryShareClass1 2024-03-31 SC168686 1 2023-04-01 2024-03-31 SC168686 frs-bus:Director1 2023-04-01 2024-03-31 SC168686 frs-bus:Director1 2023-03-31 SC168686 frs-bus:Director1 2024-03-31 SC168686 frs-bus:Director2 2023-04-01 2024-03-31 SC168686 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 SC168686 frs-countries:Scotland 2023-04-01 2024-03-31 SC168686 2022-03-31 SC168686 2023-03-31 SC168686 2022-04-01 2023-03-31 SC168686 frs-core:CurrentFinancialInstruments 2023-03-31 SC168686 frs-core:ShareCapital 2023-03-31 SC168686 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 SC168686 frs-bus:OrdinaryShareClass1 2022-04-01 2023-03-31
Registered number: SC168686
Norlog Limited
Financial Statements
For The Year Ended 31 March 2024
Gillespie's
Chartered Accountants
33 Leslie Street
Blairgowrie
Perthshire
PH10 6AW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC168686
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 9,262 12,144
9,262 12,144
CURRENT ASSETS
Stocks 4 - 171
Debtors 5 929 856
Cash at bank and in hand 13,792 8,567
14,721 9,594
Creditors: Amounts Falling Due Within One Year 6 (46,160 ) (36,838 )
NET CURRENT ASSETS (LIABILITIES) (31,439 ) (27,244 )
TOTAL ASSETS LESS CURRENT LIABILITIES (22,177 ) (15,100 )
NET LIABILITIES (22,177 ) (15,100 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (22,179 ) (15,102 )
SHAREHOLDERS' FUNDS (22,177) (15,100)
Page 1
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 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
Mr James Rattray
Director
8th September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. However, the company is being supported by director Mr James Rattray.
1.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax.
1.4. 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:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
1.5. 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 57,934 72,630 12,159 7,935 150,658
Additions - - 206 - 206
As at 31 March 2024 57,934 72,630 12,365 7,935 150,864
Depreciation
As at 1 April 2023 56,539 63,154 10,982 7,839 138,514
Provided during the period 349 2,369 346 24 3,088
As at 31 March 2024 56,888 65,523 11,328 7,863 141,602
Net Book Value
As at 31 March 2024 1,046 7,107 1,037 72 9,262
As at 1 April 2023 1,395 9,476 1,177 96 12,144
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Page 4
4. Stocks
2024 2023
£ £
Stocks - 171
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 929 856
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
VAT 9,071 455
Credit card 656 -
Accrued expenses 1,850 1,800
Directors' loan accounts 34,583 34,583
46,160 36,838
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.000 each 2 2
8. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr James Rattray 35,483 - - - 35,483
The above loan is unsecured, interest free and repayable on demand.
9. Ultimate Controlling Party
The company was under the control of Mr J D Rattray and Mrs G M Rattray.
Page 4