Acorah Software Products - Accounts Production 16.0.110 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 SC275175 Mr Antonio Vezza iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC275175 2022-10-31 SC275175 2023-10-31 SC275175 2022-11-01 2023-10-31 SC275175 frs-core:CurrentFinancialInstruments 2023-10-31 SC275175 frs-core:Non-currentFinancialInstruments 2023-10-31 SC275175 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 SC275175 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 SC275175 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-10-31 SC275175 frs-core:RevaluationReserve 2022-10-31 SC275175 frs-core:RevaluationReserve 2023-10-31 SC275175 frs-core:ShareCapital 2023-10-31 SC275175 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC275175 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 SC275175 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 SC275175 frs-bus:SmallEntities 2022-11-01 2023-10-31 SC275175 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 SC275175 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 SC275175 frs-bus:Director1 2022-11-01 2023-10-31 SC275175 frs-countries:Scotland 2022-11-01 2023-10-31 SC275175 2021-10-31 SC275175 2022-10-31 SC275175 2021-11-01 2022-10-31 SC275175 frs-core:CurrentFinancialInstruments 2022-10-31 SC275175 frs-core:Non-currentFinancialInstruments 2022-10-31 SC275175 frs-core:RevaluationReserve 2022-10-31 SC275175 frs-core:ShareCapital 2022-10-31 SC275175 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: SC275175
A & A Properties (Scotland) Ltd.
Unaudited Financial Statements
For The Year Ended 31 October 2023
Kenneth Phillips & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC275175
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 110,000 110,000
110,000 110,000
CURRENT ASSETS
Cash at bank and in hand 2,844 2,857
2,844 2,857
Creditors: Amounts Falling Due Within One Year 5 (48,571 ) (22,816 )
NET CURRENT ASSETS (LIABILITIES) (45,727 ) (19,959 )
TOTAL ASSETS LESS CURRENT LIABILITIES 64,273 90,041
Creditors: Amounts Falling Due After More Than One Year 6 (26,928 ) (37,577 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (3,512 )
NET ASSETS 37,345 48,952
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 8 14,802 14,802
Profit and Loss Account 22,443 34,050
SHAREHOLDERS' FUNDS 37,345 48,952
Page 1
Page 2
For the year ending 31 October 2023 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 Antonio Vezza
Director
28th September 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
A & A Properties (Scotland) Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC275175 . The registered office is 187 Tantallon Road, Glasgow, G41 3LU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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:
Freehold 0%
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: 1)
- 1
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 November 2022 110,000
As at 31 October 2023 110,000
Net Book Value
As at 31 October 2023 110,000
As at 1 November 2022 110,000
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 20,699 20,698
Bank loans and overdrafts 341 -
Corporation tax - 918
Accruals and deferred income 2,400 1,200
Amounts owed to associates 25,131 -
48,571 22,816
Page 3
Page 4
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 26,928 37,577
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
8. Reserves
Revaluation Reserve
£
As at 1 November 2022 14,802
As at 31 October 2023 14,802
Page 4