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 SC423575 Mr David Wilson Mr Craig Wilson Mr Kenneth Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC423575 2022-12-31 SC423575 2023-12-31 SC423575 2023-01-01 2023-12-31 SC423575 frs-core:CurrentFinancialInstruments 2023-12-31 SC423575 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 SC423575 frs-core:OtherResidualIntangibleAssets 2023-12-31 SC423575 frs-core:OtherResidualIntangibleAssets 2022-12-31 SC423575 frs-core:ShareCapital 2023-12-31 SC423575 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC423575 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 SC423575 frs-bus:SmallEntities 2023-01-01 2023-12-31 SC423575 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC423575 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 SC423575 frs-bus:Director1 2023-01-01 2023-12-31 SC423575 frs-bus:Director2 2023-01-01 2023-12-31 SC423575 frs-bus:Director3 2023-01-01 2023-12-31 SC423575 frs-countries:Scotland 2023-01-01 2023-12-31 SC423575 2021-12-31 SC423575 2022-12-31 SC423575 2022-01-01 2022-12-31 SC423575 frs-core:CurrentFinancialInstruments 2022-12-31 SC423575 frs-core:ShareCapital 2022-12-31
Registered number: SC423575
GroundMaster Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC423575
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,237 5,237
5,237 5,237
CURRENT ASSETS
Debtors 5 - 433
Cash at bank and in hand 11,994 960
11,994 1,393
Creditors: Amounts Falling Due Within One Year 6 (17,131 ) (6,530 )
NET CURRENT ASSETS (LIABILITIES) (5,137 ) (5,137 )
TOTAL ASSETS LESS CURRENT LIABILITIES 100 100
NET ASSETS 100 100
CAPITAL AND RESERVES
Called up share capital 7 100 100
SHAREHOLDERS' FUNDS 100 100
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 Kenneth Wilson
Director
19/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
GroundMaster Limited is a private company, limited by shares, incorporated in Scotland, registered number SC423575 . The registered office is Glasgow Road, Kilsyth, Glasgow, G65 9BX.
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.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are amortised over its estimated economic life.
2.4. 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:
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Intangible Assets
Other
£
Cost
As at 1 January 2023 5,237
As at 31 December 2023 5,237
Net Book Value
As at 31 December 2023 5,237
As at 1 January 2023 5,237
5. Debtors
2023 2022
£ £
Due within one year
VAT - 433
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts - 2,741
VAT 651 -
Amounts owed to group undertakings 16,480 3,789
17,131 6,530
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 3