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 SC187264 Ross Black iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC187264 2023-01-31 SC187264 2024-01-31 SC187264 2023-02-01 2024-01-31 SC187264 frs-core:CurrentFinancialInstruments 2024-01-31 SC187264 frs-core:Non-currentFinancialInstruments 2024-01-31 SC187264 frs-core:FurnitureFittings 2024-01-31 SC187264 frs-core:FurnitureFittings 2023-02-01 2024-01-31 SC187264 frs-core:FurnitureFittings 2023-01-31 SC187264 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 SC187264 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 SC187264 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 SC187264 frs-core:PlantMachinery 2024-01-31 SC187264 frs-core:PlantMachinery 2023-02-01 2024-01-31 SC187264 frs-core:PlantMachinery 2023-01-31 SC187264 frs-core:ShareCapital 2024-01-31 SC187264 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 SC187264 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC187264 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 SC187264 frs-bus:SmallEntities 2023-02-01 2024-01-31 SC187264 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC187264 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 SC187264 frs-bus:Director1 2023-02-01 2024-01-31 SC187264 frs-countries:Scotland 2023-02-01 2024-01-31 SC187264 2022-01-31 SC187264 2023-01-31 SC187264 2022-02-01 2023-01-31 SC187264 frs-core:CurrentFinancialInstruments 2023-01-31 SC187264 frs-core:Non-currentFinancialInstruments 2023-01-31 SC187264 frs-core:ShareCapital 2023-01-31 SC187264 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: SC187264
Alison Black Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
14 Newton Place
Glasgow
G3 7PY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC187264
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 39,263 99,534
39,263 99,534
CURRENT ASSETS
Stocks 5 752,000 649,755
Debtors 6 265,888 275,181
Cash at bank and in hand 181,161 262,469
1,199,049 1,187,405
Creditors: Amounts Falling Due Within One Year 7 (687,627 ) (638,668 )
NET CURRENT ASSETS (LIABILITIES) 511,422 548,737
TOTAL ASSETS LESS CURRENT LIABILITIES 550,685 648,271
Creditors: Amounts Falling Due After More Than One Year 8 (36,000 ) (148,040 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (9,293 ) (18,503 )
NET ASSETS 505,392 481,728
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 505,292 481,628
SHAREHOLDERS' FUNDS 505,392 481,728
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 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
Ross Black
Director
26/09/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Alison Black Limited is a private company, limited by shares, incorporated in Scotland, registered number SC187264 . The registered office is 1 Portland Place, Hamilton, South Lanarkshire, ML3 7JU.
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.
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 10% on cost
Plant & Machinery 20% on reducing balance
Fixtures & Fittings 33% on cost
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 13)
12 13
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2023 9,380 11,555 839,515 860,450
Additions - - 26,619 26,619
As at 31 January 2024 9,380 11,555 866,134 887,069
Depreciation
As at 1 February 2023 5,724 11,360 743,832 760,916
Provided during the period 938 - 85,952 86,890
As at 31 January 2024 6,662 11,360 829,784 847,806
Net Book Value
As at 31 January 2024 2,718 195 36,350 39,263
As at 1 February 2023 3,656 195 95,683 99,534
5. Stocks
2024 2023
£ £
Materials 752,000 649,755
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 264,856 275,181
Other debtors 1,032 -
265,888 275,181
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 259,562 168,704
Bank loans and overdrafts 48,000 123,529
Other creditors 229,370 175,696
Taxation and social security 150,695 170,739
687,627 638,668
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Trade creditors - 148,040
Bank loans 36,000 -
36,000 148,040
Page 4
Page 5
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5