Acorah Software Products - Accounts Production 14.6.300 false true 28 February 2023 1 March 2022 false 1 March 2023 31 March 2024 31 March 2024 SC354780 Lena Gentle Robert Gentle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC354780 2023-02-28 SC354780 2024-03-31 SC354780 2023-03-01 2024-03-31 SC354780 frs-core:CurrentFinancialInstruments 2024-03-31 SC354780 frs-core:ComputerEquipment 2024-03-31 SC354780 frs-core:ComputerEquipment 2023-03-01 2024-03-31 SC354780 frs-core:ComputerEquipment 2023-02-28 SC354780 frs-core:FurnitureFittings 2024-03-31 SC354780 frs-core:FurnitureFittings 2023-03-01 2024-03-31 SC354780 frs-core:FurnitureFittings 2023-02-28 SC354780 frs-core:PlantMachinery 2024-03-31 SC354780 frs-core:PlantMachinery 2023-03-01 2024-03-31 SC354780 frs-core:PlantMachinery 2023-02-28 SC354780 frs-core:ShareCapital 2024-03-31 SC354780 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC354780 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-03-31 SC354780 frs-bus:FilletedAccounts 2023-03-01 2024-03-31 SC354780 frs-bus:SmallEntities 2023-03-01 2024-03-31 SC354780 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-03-31 SC354780 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-03-31 SC354780 frs-bus:OrdinaryShareClass1 2023-03-01 2024-03-31 SC354780 frs-bus:OrdinaryShareClass1 2024-03-31 SC354780 frs-bus:OrdinaryShareClass2 2023-03-01 2024-03-31 SC354780 frs-bus:OrdinaryShareClass2 2024-03-31 SC354780 frs-bus:Director1 2023-03-01 2024-03-31 SC354780 frs-bus:Director2 2023-03-01 2024-03-31 SC354780 frs-countries:EnglandWales 2023-03-01 2024-03-31 SC354780 2022-02-28 SC354780 2023-02-28 SC354780 2022-03-01 2023-02-28 SC354780 frs-core:CurrentFinancialInstruments 2023-02-28 SC354780 frs-core:ShareCapital 2023-02-28 SC354780 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 SC354780 frs-bus:OrdinaryShareClass1 2022-03-01 2023-02-28 SC354780 frs-bus:OrdinaryShareClass2 2022-03-01 2023-02-28
Registered number: SC354780
Northeast Creative Ltd
Unaudited Financial Statements
For the Period 1 March 2023 to 31 March 2024
Annette Ferguson Scotland Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC354780
31 March 2024 28 February 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,115 2,066
3,115 2,066
CURRENT ASSETS
Debtors 5 3,182 6,225
Cash at bank and in hand 82,183 43,932
85,365 50,157
Creditors: Amounts Falling Due Within One Year 6 (25,522 ) (19,620 )
NET CURRENT ASSETS (LIABILITIES) 59,843 30,537
TOTAL ASSETS LESS CURRENT LIABILITIES 62,958 32,603
NET ASSETS 62,958 32,603
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 62,858 32,503
SHAREHOLDERS' FUNDS 62,958 32,603
Page 1
Page 2
For the period ending 31 March 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
Robert Gentle
Director
18/07/2024
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
Northeast Creative Ltd is a private company, limited by shares, incorporated in England & Wales, registered number SC354780 . The registered office is C/O Annette & Co. Room 3 12 Elm Court, Cavalry Park, Peebles, Scotland, EH45 9BU.
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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.
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 25% Reducing balance method
Fixtures & Fittings 25% Reducing balance method
Computer Equipment 33% Staright line method
2.4. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2023 389 358 7,736 8,483
Additions - - 2,701 2,701
As at 31 March 2024 389 358 10,437 11,184
Depreciation
As at 1 March 2023 349 129 5,939 6,417
Provided during the period 10 57 1,585 1,652
As at 31 March 2024 359 186 7,524 8,069
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 30 172 2,913 3,115
As at 1 March 2023 40 229 1,797 2,066
5. Debtors
31 March 2024 28 February 2023
£ £
Due within one year
Trade debtors 3,182 5,911
Other debtors - 314
3,182 6,225
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 28 February 2023
£ £
Other creditors 1,178 2,431
Taxation and social security 24,344 17,189
25,522 19,620
7. Share Capital
31 March 2024 28 February 2023
Allotted, called up and fully paid £ £
50 Ordinary Shares of £ 1.00 each 50 50
50 Ordinary A shares of £ 1.00 each 50 50
100 100
Page 4