Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 SC261440 Mr B J Reeves iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC261440 2023-01-31 SC261440 2024-01-31 SC261440 2023-02-01 2024-01-31 SC261440 frs-core:CurrentFinancialInstruments 2024-01-31 SC261440 frs-core:ComputerEquipment 2024-01-31 SC261440 frs-core:ComputerEquipment 2023-02-01 2024-01-31 SC261440 frs-core:ComputerEquipment 2023-01-31 SC261440 frs-core:WithinOneYear 2024-01-31 SC261440 frs-core:ShareCapital 2024-01-31 SC261440 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 SC261440 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC261440 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 SC261440 frs-bus:SmallEntities 2023-02-01 2024-01-31 SC261440 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC261440 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 SC261440 frs-bus:Director1 2023-02-01 2024-01-31 SC261440 frs-countries:Scotland 2023-02-01 2024-01-31 SC261440 2022-01-31 SC261440 2023-01-31 SC261440 2022-02-01 2023-01-31 SC261440 frs-core:CurrentFinancialInstruments 2023-01-31 SC261440 frs-core:WithinOneYear 2023-01-31 SC261440 frs-core:ShareCapital 2023-01-31 SC261440 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: SC261440
Brian Reeves & Co. Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC261440
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,387 1,111
2,387 1,111
CURRENT ASSETS
Debtors 5 6,860 4,837
Cash at bank and in hand 33,149 71,227
40,009 76,064
Creditors: Amounts Falling Due Within One Year 6 (16,850 ) (21,124 )
NET CURRENT ASSETS (LIABILITIES) 23,159 54,940
TOTAL ASSETS LESS CURRENT LIABILITIES 25,546 56,051
NET ASSETS 25,546 56,051
CAPITAL AND RESERVES
Called up share capital 2 2
Profit and Loss Account 25,544 56,049
SHAREHOLDERS' FUNDS 25,546 56,051
Page 1
Page 2
For the year ending 31 January 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 B J Reeves
Director
15/10/2024
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
Brian Reeves & Co. Limited is a private company, limited by shares, incorporated in Scotland, registered number SC261440 . The registered office is Forsyth House, 93 George Street, Edinburgh, EH2 3ES.
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 for goods and services supplied, excluding discounts and Value Added Tax.
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 33% on cost
2.4. Leasing and Hire Purchase Contracts
Rentals payable under operating leases are charged to profit and loss account on a straight line basis over the period of the lease.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply in the reversal of the timing difference.
Unrelileved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2023 11,303
Additions 2,104
Disposals (1,003 )
As at 31 January 2024 12,404
Depreciation
As at 1 February 2023 10,192
Provided during the period 828
Disposals (1,003 )
As at 31 January 2024 10,017
Net Book Value
As at 31 January 2024 2,387
As at 1 February 2023 1,111
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,260 -
Other debtors 5,600 4,837
6,860 4,837
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,682 1,357
Other creditors 8,519 7,963
Taxation and social security 6,649 11,804
16,850 21,124
7. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 7,000 10,179
7,000 10,179
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