Acorah Software Products - Accounts Production 15.0.500 false true 30 June 2022 1 July 2021 false 1 July 2022 31 December 2023 31 December 2023 SC665259 Mr Rob McInnes Mr Alex Burrell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC665259 2022-06-30 SC665259 2023-12-31 SC665259 2022-07-01 2023-12-31 SC665259 frs-core:PlantMachinery 2023-12-31 SC665259 frs-core:PlantMachinery 2022-07-01 2023-12-31 SC665259 frs-core:PlantMachinery 2022-06-30 SC665259 frs-core:CapitalRedemptionReserve 2023-12-31 SC665259 frs-core:ShareCapital 2023-12-31 SC665259 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC665259 frs-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-12-31 SC665259 frs-bus:FilletedAccounts 2022-07-01 2023-12-31 SC665259 frs-bus:SmallEntities 2022-07-01 2023-12-31 SC665259 frs-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-12-31 SC665259 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-12-31 SC665259 frs-bus:Director1 2022-07-01 2023-12-31 SC665259 frs-bus:Director2 2022-07-01 2023-12-31 SC665259 frs-countries:Scotland 2022-07-01 2023-12-31 SC665259 2021-06-30 SC665259 2022-06-30 SC665259 2021-07-01 2022-06-30 SC665259 frs-core:CurrentFinancialInstruments 2022-06-30 SC665259 frs-core:CapitalRedemptionReserve 2022-06-30 SC665259 frs-core:ShareCapital 2022-06-30 SC665259 frs-core:RetainedEarningsAccumulatedLosses 2022-06-30
Registered number: SC665259
Efr Studios Ltd
Unaudited Financial Statements
For the Period 1 July 2022 to 31 December 2023
Christies
Dalgety Bay Business Centre
Sybrig House
Ridge Way
Dalgety Bay
KY11 9JN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC665259
31 December 2023 30 June 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 25,237
- 25,237
CURRENT ASSETS
Cash at bank and in hand - 3,301
- 3,301
Creditors: Amounts Falling Due Within One Year 6 - (23,606 )
NET CURRENT ASSETS (LIABILITIES) - (20,305 )
TOTAL ASSETS LESS CURRENT LIABILITIES - 4,932
NET ASSETS - 4,932
CAPITAL AND RESERVES
Called up share capital 7 3 3
Capital redemption reserve (4,336 ) -
Profit and Loss Account 4,333 4,929
SHAREHOLDERS' FUNDS - 4,932
Page 1
Page 2
For the period ending 31 December 2023 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 Rob McInnes
Director
Mr Alex Burrell
Director
19/07/2024
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
Efr Studios Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC665259 . The registered office is 10 Cumbrae Court Cumbrae Court, Kirkcaldy, Fife, KY2 6SH.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Plant & Machinery 15% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2022: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2022 34,013
Additions 11,121
Disposals (45,134 )
Depreciation
As at 1 July 2022 8,776
Provided during the period 8,180
Disposals (16,956 )
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 -
As at 1 July 2022 25,237
Page 3
Page 4
5. Debtors
31 December 2023 30 June 2022
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 30 June 2022
£ £
Accruals and deferred income - 599
Directors' loan accounts - 23,007
- 23,606
7. Share Capital
31 December 2023 30 June 2022
£ £
Allotted, Called up and fully paid 3 3
Page 4