Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 SC468466 Mr Jay Dhami iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC468466 2023-01-31 SC468466 2024-01-31 SC468466 2023-02-01 2024-01-31 SC468466 frs-core:CurrentFinancialInstruments 2024-01-31 SC468466 frs-core:PlantMachinery 2024-01-31 SC468466 frs-core:PlantMachinery 2023-02-01 2024-01-31 SC468466 frs-core:PlantMachinery 2023-01-31 SC468466 frs-core:ShareCapital 2024-01-31 SC468466 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 SC468466 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC468466 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 SC468466 frs-bus:SmallEntities 2023-02-01 2024-01-31 SC468466 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC468466 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 SC468466 frs-bus:Director1 2023-02-01 2024-01-31 SC468466 frs-countries:Scotland 2023-02-01 2024-01-31 SC468466 2022-01-31 SC468466 2023-01-31 SC468466 2022-02-01 2023-01-31 SC468466 frs-core:CurrentFinancialInstruments 2023-01-31 SC468466 frs-core:ShareCapital 2023-01-31 SC468466 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: SC468466
A Regent Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Ballantyne & Co
Chartered Accountants & Registered Auditors
60 St. Enoch Square
Glasgow
G1 4AG
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC468466
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,245 20,682
20,245 20,682
CURRENT ASSETS
Debtors 5 (2,384 ) 291
Cash at bank and in hand 9,325 10,132
6,941 10,423
Creditors: Amounts Falling Due Within One Year 6 (436,491 ) (379,287 )
NET CURRENT ASSETS (LIABILITIES) (429,550 ) (368,864 )
TOTAL ASSETS LESS CURRENT LIABILITIES (409,305 ) (348,182 )
NET LIABILITIES (409,305 ) (348,182 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (409,405 ) (348,282 )
SHAREHOLDERS' FUNDS (409,305) (348,182)
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 Jay Dhami
Director
30 October 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
A Regent Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC468466 . The registered office is Floor 5, 60 St Encoch Square, Glasgow, G1 4AG.
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 RB - 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2023: 16)
16 16
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 February 2023 60,409
Additions 4,624
As at 31 January 2024 65,033
Depreciation
As at 1 February 2023 39,727
Provided during the period 5,061
As at 31 January 2024 44,788
Net Book Value
As at 31 January 2024 20,245
As at 1 February 2023 20,682
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Other debtors (2,384) 291
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 378,418 347,423
Taxation and social security 58,073 31,864
436,491 379,287
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3