Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 SC635037 Mrs Jo Ainscough Mr John Ainscough iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC635037 2023-07-31 SC635037 2024-07-31 SC635037 2023-08-01 2024-07-31 SC635037 frs-core:CurrentFinancialInstruments 2024-07-31 SC635037 frs-core:PlantMachinery 2024-07-31 SC635037 frs-core:PlantMachinery 2023-08-01 2024-07-31 SC635037 frs-core:PlantMachinery 2023-07-31 SC635037 frs-core:ShareCapital 2024-07-31 SC635037 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC635037 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC635037 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 SC635037 frs-bus:SmallEntities 2023-08-01 2024-07-31 SC635037 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC635037 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 SC635037 frs-bus:Director1 2023-08-01 2024-07-31 SC635037 frs-bus:Director2 2023-08-01 2024-07-31 SC635037 frs-countries:Scotland 2023-08-01 2024-07-31 SC635037 2022-07-31 SC635037 2023-07-31 SC635037 2022-08-01 2023-07-31 SC635037 frs-core:CurrentFinancialInstruments 2023-07-31 SC635037 frs-core:ShareCapital 2023-07-31 SC635037 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: SC635037
Ainscough Contracting Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Newton and Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC635037
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,763 9,018
6,763 9,018
CURRENT ASSETS
Stocks 5 50,000 50,000
50,000 50,000
Creditors: Amounts Falling Due Within One Year 6 (88,181 ) (85,015 )
NET CURRENT ASSETS (LIABILITIES) (38,181 ) (35,015 )
TOTAL ASSETS LESS CURRENT LIABILITIES (31,418 ) (25,997 )
NET LIABILITIES (31,418 ) (25,997 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (31,518 ) (26,097 )
SHAREHOLDERS' FUNDS (31,418) (25,997)
Page 1
Page 2
For the year ending 31 July 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 John Ainscough
Director
21/10/2024
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
Ainscough Contracting Limited is a private company, limited by shares, incorporated in Scotland, registered number SC635037 . The registered office is Bowhill House Peat Inn, Cupar, KY15 5LL.
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. 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:
Plant & Machinery 25% Reducing Balance basis.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2023 28,500
As at 31 July 2024 28,500
Depreciation
As at 1 August 2023 19,482
Provided during the period 2,255
As at 31 July 2024 21,737
Net Book Value
As at 31 July 2024 6,763
As at 1 August 2023 9,018
5. Stocks
2024 2023
£ £
Work in progress 50,000 50,000
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (43 ) (44 )
Bank loans and overdrafts 34,711 37,546
Accruals and deferred income 400 400
Directors' loan accounts 53,113 47,113
88,181 85,015
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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