Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 SC032356 Mr Ian Hamilton Ms Lorraine Reid Ms Lesley Backhouse Mr David McCann Mr Grant Thoms Ms Margaret Hamilton Mr Gavin Halliday iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC032356 2023-06-30 SC032356 2024-06-30 SC032356 2023-07-01 2024-06-30 SC032356 frs-core:CurrentFinancialInstruments 2024-06-30 SC032356 frs-core:ComputerEquipment 2024-06-30 SC032356 frs-core:ComputerEquipment 2023-07-01 2024-06-30 SC032356 frs-core:ComputerEquipment 2023-06-30 SC032356 frs-core:ShareCapital 2024-06-30 SC032356 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC032356 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC032356 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 SC032356 frs-bus:SmallEntities 2023-07-01 2024-06-30 SC032356 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC032356 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 SC032356 frs-core:ListedExchangeTraded 2024-06-30 SC032356 frs-core:ListedExchangeTraded 2023-06-30 SC032356 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-06-30 SC032356 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-06-30 SC032356 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-06-30 SC032356 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-06-30 SC032356 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-06-30 SC032356 frs-bus:Director1 2023-07-01 2024-06-30 SC032356 frs-bus:Director2 2023-07-01 2024-06-30 SC032356 frs-bus:Director3 2023-07-01 2024-06-30 SC032356 frs-bus:Director4 2023-07-01 2024-06-30 SC032356 frs-bus:Director5 2023-07-01 2024-06-30 SC032356 frs-bus:Director6 2023-07-01 2024-06-30 SC032356 frs-bus:Director7 2023-07-01 2024-06-30 SC032356 frs-countries:Scotland 2023-07-01 2024-06-30 SC032356 2022-06-30 SC032356 2023-06-30 SC032356 2022-07-01 2023-06-30 SC032356 frs-core:CurrentFinancialInstruments 2023-06-30 SC032356 frs-core:ShareCapital 2023-06-30 SC032356 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: SC032356
Scots Independent (Newspapers) Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC032356
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 134 167
Investments 5 783 653
917 820
CURRENT ASSETS
Debtors 6 1,746 1,492
Cash at bank and in hand 39,894 41,937
41,640 43,429
Creditors: Amounts Falling Due Within One Year 7 (1,442 ) (1,403 )
NET CURRENT ASSETS (LIABILITIES) 40,198 42,026
TOTAL ASSETS LESS CURRENT LIABILITIES 41,115 42,846
NET ASSETS 41,115 42,846
CAPITAL AND RESERVES
Called up share capital 8 2,000 2,000
Profit and Loss Account 39,115 40,846
SHAREHOLDERS' FUNDS 41,115 42,846
Page 1
Page 2
For the year ending 30 June 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 Ian Hamilton
Director
04/10/2024
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
Scots Independent (Newspapers) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC032356 . The registered office is 23 King Edward Terrace, Portknockie, Buckie, Moray, AB56 4NX.
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.
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:
Computer Equipment 20% on reducing balance
2.4. Financial Instruments
The company only has basic financial instruments.

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees during the year was as follows: NIL (2023: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2023 12,537
As at 30 June 2024 12,537
Depreciation
As at 1 July 2023 12,370
Provided during the period 33
As at 30 June 2024 12,403
Net Book Value
As at 30 June 2024 134
As at 1 July 2023 167
Page 3
Page 4
5. Investments
Listed
£
Cost
As at 1 July 2023 653
Revaluations 130
As at 30 June 2024 783
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 783
As at 1 July 2023 653
If fixed asset investments had not been revalued they would have been included at the following historical cost: £954 (2023:£954).
Fixed asset investments were valued on an open market basis on 30 June 2024 by reference to the London Stock Exchange.
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 209 -
VAT 1,537 1,492
1,746 1,492
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,442 1,403
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2,000 2,000
Page 4