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 SC431727 Mr Gordon Simpson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC431727 2023-03-31 SC431727 2024-03-31 SC431727 2023-04-01 2024-03-31 SC431727 frs-core:ShareCapital 2024-03-31 SC431727 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC431727 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC431727 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC431727 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC431727 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC431727 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC431727 frs-bus:Director1 2023-04-01 2024-03-31 SC431727 frs-bus:Director1 2023-03-31 SC431727 frs-bus:Director1 2024-03-31 SC431727 frs-countries:Scotland 2023-04-01 2024-03-31 SC431727 2022-03-31 SC431727 2023-03-31 SC431727 2022-04-01 2023-03-31 SC431727 frs-core:ShareCapital 2023-03-31 SC431727 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC431727
Farlie Developments Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Leitch Accountancy Services Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: SC431727
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 14,605 15,271
Cash at bank and in hand 10,444 9,569
25,049 24,840
Creditors: Amounts Falling Due Within One Year 5 (30,837 ) (29,312 )
NET CURRENT ASSETS (LIABILITIES) (5,788 ) (4,472 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,788 ) (4,472 )
NET LIABILITIES (5,788 ) (4,472 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (5,888 ) (4,572 )
SHAREHOLDERS' FUNDS (5,788) (4,472)
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 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 Gordon Simpson
Director
20/09/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Farlie Developments Limited is a private company, limited by shares, incorporated in Scotland, registered number SC431727 . The registered office is 23 Wellhouse, Beauly, IV4 7AS.
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
Despite the company making a loss in the year and is sitting with negative reserves in the balance sheet, the directors have agreed to support the company to meet its day to day liabilities as they fall due. On this basis the directors are preparing the accounts on a going concern basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 14,605 15,271
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 30,837 29,312
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Gordon Simpson 700 - - - -
The above loan is unsecured, interest free and repayable on demand.
8. Related Party Transactions
At the year end the company owed G Simpson Builders Limited £29,637 (2023 - £27,717) a company in which director G Simpson is also a director. This balance is unsecured, interest free and has no fixed terms of repayment.
Page 2