Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true2023-01-01No description of principal activity2falsefalse3The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC697126 2023-01-01 2023-12-31 SC697126 2022-01-01 2022-12-31 SC697126 2023-12-31 SC697126 2022-12-31 SC697126 c:Director1 2023-01-01 2023-12-31 SC697126 c:Director2 2023-01-01 2023-12-31 SC697126 c:Director3 2023-01-01 2023-12-31 SC697126 c:RegisteredOffice 2023-01-01 2023-12-31 SC697126 d:CurrentFinancialInstruments 2023-12-31 SC697126 d:CurrentFinancialInstruments 2022-12-31 SC697126 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC697126 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 SC697126 d:ShareCapital 2023-12-31 SC697126 d:ShareCapital 2022-12-31 SC697126 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC697126 d:RetainedEarningsAccumulatedLosses 2022-12-31 SC697126 c:OrdinaryShareClass1 2023-01-01 2023-12-31 SC697126 c:OrdinaryShareClass1 2023-12-31 SC697126 c:OrdinaryShareClass1 2022-12-31 SC697126 c:FRS102 2023-01-01 2023-12-31 SC697126 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC697126 c:FullAccounts 2023-01-01 2023-12-31 SC697126 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC697126 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC697126










ACHOLOGY TRANSACTIONS LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
ACHOLOGY TRANSACTIONS LTD
 

COMPANY INFORMATION


Directors
Mr K Ramsay 
Mrs K Ramsay 
Mr M D Strachan 




Registered number
SC697126



Registered office
Office 10 Dunnock House
63 Dunnock Road

Dunfermline

Fife

KY11 8QE




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
ACHOLOGY TRANSACTIONS LTD
REGISTERED NUMBER: SC697126

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
126
831

Cash at bank and in hand
  
421
-

  
547
831

Creditors: amounts falling due within one year
 5 
(6,096)
(158)

Net current (liabilities)/assets
  
 
 
(5,549)
 
 
673

Total assets less current liabilities
  
(5,549)
673

  

Net (liabilities)/assets
  
(5,549)
673


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
(5,550)
672

  
(5,549)
673


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 September 2024.




Mrs K Ramsay
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
ACHOLOGY TRANSACTIONS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Achology Transactions Ltd is a private company limited by shares incorporated in Scotland with registration number SC697126.
The registered office is Office 10 Dunnock House, 63 Dunnock Road, Dunfermline, Fife, KY11 8QE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 2

 
ACHOLOGY TRANSACTIONS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2022 - 2).


4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
1
1

Other debtors
125
830

126
831



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
833
-

Other taxation and social security
-
158

Other creditors
4,163
-

Accruals and deferred income
1,100
-

6,096
158



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



7.


Controlling party

The ultimate controlling party is Kairen Holdings Limited, a company incorporated in Scotland.


Page 3