Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 SC715314 Mr Asif Mohammed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC715314 2022-12-31 SC715314 2023-12-31 SC715314 2023-01-01 2023-12-31 SC715314 frs-core:CurrentFinancialInstruments 2023-12-31 SC715314 frs-core:Non-currentFinancialInstruments 2023-12-31 SC715314 frs-core:BetweenOneFiveYears 2023-12-31 SC715314 frs-core:MotorVehicles 2023-12-31 SC715314 frs-core:MotorVehicles 2023-01-01 2023-12-31 SC715314 frs-core:MotorVehicles 2022-12-31 SC715314 frs-core:WithinOneYear 2023-12-31 SC715314 frs-core:ShareCapital 2023-12-31 SC715314 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC715314 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC715314 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 SC715314 frs-bus:SmallEntities 2023-01-01 2023-12-31 SC715314 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC715314 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 SC715314 frs-bus:Director1 2023-01-01 2023-12-31 SC715314 frs-countries:Scotland 2023-01-01 2023-12-31 SC715314 2021-12-31 SC715314 2022-12-31 SC715314 2022-01-01 2022-12-31 SC715314 frs-core:CurrentFinancialInstruments 2022-12-31 SC715314 frs-core:Non-currentFinancialInstruments 2022-12-31 SC715314 frs-core:BetweenOneFiveYears 2022-12-31 SC715314 frs-core:WithinOneYear 2022-12-31 SC715314 frs-core:ShareCapital 2022-12-31 SC715314 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: SC715314
CFS (Scotland) Limited
Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC715314
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,520 -
16,520 -
CURRENT ASSETS
Debtors 5 4,625 472
Cash at bank and in hand 64,848 70,709
69,473 71,181
Creditors: Amounts Falling Due Within One Year 6 (79,299 ) (75,000 )
NET CURRENT ASSETS (LIABILITIES) (9,826 ) (3,819 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,694 (3,819 )
Creditors: Amounts Falling Due After More Than One Year 7 (16,121 ) -
NET LIABILITIES (9,427 ) (3,819 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (9,527 ) (3,919 )
SHAREHOLDERS' FUNDS (9,427) (3,819)
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
Mr Asif Mohammed
Director
18/09/2024
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
CFS (Scotland) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC715314 . The registered office is Pentagon Centre, Washington Street, Glasgow, G3 8AZ.
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. 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.
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:
Motor Vehicles 20.0% - reducing balance method
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
0Average number of employees, including directors, during the year was: NIL (2022: 1)
- 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 January 2023 -
Additions 17,700
As at 31 December 2023 17,700
Depreciation
As at 1 January 2023 -
Provided during the period 1,180
As at 31 December 2023 1,180
Net Book Value
As at 31 December 2023 16,520
As at 1 January 2023 -
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
VAT 4,625 472
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 4,299 -
Directors' loan accounts 75,000 75,000
79,299 75,000
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 16,121 -
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,299 -
Later than one year and not later than five years 16,121 -
20,420 -
20,420 -
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4