Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 SC554319 Mrs Amy Findlater Mr Duncan Findlater Mr Benedict Reade Ms Hollie Reid iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC554319 2023-01-31 SC554319 2024-01-31 SC554319 2023-02-01 2024-01-31 SC554319 frs-core:CurrentFinancialInstruments 2024-01-31 SC554319 frs-core:Non-currentFinancialInstruments 2024-01-31 SC554319 frs-core:BetweenOneFiveYears 2024-01-31 SC554319 frs-core:ComputerEquipment 2024-01-31 SC554319 frs-core:ComputerEquipment 2023-02-01 2024-01-31 SC554319 frs-core:ComputerEquipment 2023-01-31 SC554319 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 SC554319 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 SC554319 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-31 SC554319 frs-core:MotorVehicles 2024-01-31 SC554319 frs-core:MotorVehicles 2023-02-01 2024-01-31 SC554319 frs-core:MotorVehicles 2023-01-31 SC554319 frs-core:PlantMachinery 2024-01-31 SC554319 frs-core:PlantMachinery 2023-02-01 2024-01-31 SC554319 frs-core:PlantMachinery 2023-01-31 SC554319 frs-core:WithinOneYear 2024-01-31 SC554319 frs-core:ShareCapital 2024-01-31 SC554319 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 SC554319 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC554319 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 SC554319 frs-bus:SmallEntities 2023-02-01 2024-01-31 SC554319 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC554319 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 SC554319 frs-bus:Director1 2023-02-01 2024-01-31 SC554319 frs-bus:Director2 2023-02-01 2024-01-31 SC554319 frs-bus:Director3 2023-02-01 2024-01-31 SC554319 frs-bus:Director4 2023-02-01 2024-01-31 SC554319 frs-core:CurrentFinancialInstruments 1 2024-01-31 SC554319 frs-countries:Scotland 2023-02-01 2024-01-31 SC554319 2022-01-31 SC554319 2023-01-31 SC554319 2022-02-01 2023-01-31 SC554319 frs-core:CurrentFinancialInstruments 2023-01-31 SC554319 frs-core:Non-currentFinancialInstruments 2023-01-31 SC554319 frs-core:BetweenOneFiveYears 2023-01-31 SC554319 frs-core:WithinOneYear 2023-01-31 SC554319 frs-core:ShareCapital 2023-01-31 SC554319 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 SC554319 frs-core:CurrentFinancialInstruments 1 2023-01-31
Registered number: SC554319
Bash'd Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC554319
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 423,465 128,845
423,465 128,845
CURRENT ASSETS
Stocks 5 1,587 5,612
Debtors 6 139,401 75,548
Cash at bank and in hand 82,968 15,603
223,956 96,763
Creditors: Amounts Falling Due Within One Year 7 (292,394 ) (112,727 )
NET CURRENT ASSETS (LIABILITIES) (68,438 ) (15,964 )
TOTAL ASSETS LESS CURRENT LIABILITIES 355,027 112,881
Creditors: Amounts Falling Due After More Than One Year 8 (179,396 ) (44,069 )
NET ASSETS 175,631 68,812
CAPITAL AND RESERVES
Called up share capital 10 4 4
Profit and Loss Account 175,627 68,808
SHAREHOLDERS' FUNDS 175,631 68,812
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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
Mr Duncan Findlater
Director
31/10/2024
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
Bash'd Limited is a private company, limited by shares, incorporated in Scotland, registered number SC554319 . The registered office is 5 Devon Place, Edinburgh, EH12 5HJ.
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:
Leasehold 15% Straight Line
Plant & Machinery 25% Straight Line
Motor Vehicles 25% Reducing Line
Computer Equipment 33% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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: 24 (2023: 26)
24 26
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2023 23,637 176,770 4,292 192 204,891
Additions 139,460 160,573 24,573 1,231 325,837
As at 31 January 2024 163,097 337,343 28,865 1,423 530,728
Depreciation
As at 1 February 2023 8,075 65,633 2,146 192 76,046
Provided during the period 3,546 22,278 5,201 192 31,217
As at 31 January 2024 11,621 87,911 7,347 384 107,263
Net Book Value
As at 31 January 2024 151,476 249,432 21,518 1,039 423,465
As at 1 February 2023 15,562 111,137 2,146 - 128,845
5. Stocks
2024 2023
£ £
Materials 1,587 5,612
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 66,419 36,414
Prepayments and accrued income 13,500 10,254
Other debtors 8,800 14,550
VAT 50,682 13,076
Net wages - 1,254
139,401 75,548
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 19,065 -
Trade creditors 205,025 75,672
Bank loans and overdrafts 10,119 19,897
Other taxes and social security 14,762 8,292
Net wages 2,114 -
Other creditors 7,836 8,866
Other creditors (1) 2,651 -
Directors' loan accounts 30,822 -
292,394 112,727
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 27,910 -
Bank loans 15,661 44,069
Other loans 135,825 -
179,396 44,069
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 19,065 -
Later than one year and not later than five years 27,910 -
46,975 -
46,975 -
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
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