Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 SC497344 Ms Rosemary Margaret Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC497344 2023-03-31 SC497344 2024-03-31 SC497344 2023-04-01 2024-03-31 SC497344 frs-core:CurrentFinancialInstruments 2024-03-31 SC497344 frs-core:Non-currentFinancialInstruments 2024-03-31 SC497344 frs-core:ComputerEquipment 2024-03-31 SC497344 frs-core:ComputerEquipment 2023-04-01 2024-03-31 SC497344 frs-core:ComputerEquipment 2023-03-31 SC497344 frs-core:FurnitureFittings 2024-03-31 SC497344 frs-core:FurnitureFittings 2023-04-01 2024-03-31 SC497344 frs-core:FurnitureFittings 2023-03-31 SC497344 frs-core:NetGoodwill 2024-03-31 SC497344 frs-core:NetGoodwill 2023-04-01 2024-03-31 SC497344 frs-core:NetGoodwill 2023-03-31 SC497344 frs-core:MotorVehicles 2024-03-31 SC497344 frs-core:MotorVehicles 2023-04-01 2024-03-31 SC497344 frs-core:MotorVehicles 2023-03-31 SC497344 frs-core:PlantMachinery 2024-03-31 SC497344 frs-core:PlantMachinery 2023-04-01 2024-03-31 SC497344 frs-core:PlantMachinery 2023-03-31 SC497344 frs-core:SharePremium 2024-03-31 SC497344 frs-core:ShareCapital 2024-03-31 SC497344 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC497344 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC497344 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC497344 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC497344 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC497344 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC497344 frs-bus:Director1 2023-04-01 2024-03-31 SC497344 frs-countries:Scotland 2023-04-01 2024-03-31 SC497344 2022-03-31 SC497344 2023-03-31 SC497344 2022-04-01 2023-03-31 SC497344 frs-core:CurrentFinancialInstruments 2023-03-31 SC497344 frs-core:Non-currentFinancialInstruments 2023-03-31 SC497344 frs-core:SharePremium 2023-03-31 SC497344 frs-core:ShareCapital 2023-03-31 SC497344 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC497344
The Copy and Print Shop Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Anderson Associates
10 Chapelton Gardens
Bearsden
Glasgow
G61 2DH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC497344
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 14,209 31,262
Tangible Assets 5 - 7,916
14,209 39,178
CURRENT ASSETS
Stocks 6 4,000 4,000
Debtors 7 40,754 42,593
44,754 46,593
Creditors: Amounts Falling Due Within One Year 8 (8,628 ) (5,335 )
NET CURRENT ASSETS (LIABILITIES) 36,126 41,258
TOTAL ASSETS LESS CURRENT LIABILITIES 50,335 80,436
Creditors: Amounts Falling Due After More Than One Year 9 (25,370 ) (29,464 )
NET ASSETS 24,965 50,972
CAPITAL AND RESERVES
Called up share capital 10 100 100
Share premium account 157,603 157,603
Profit and Loss Account (132,738 ) (106,731 )
SHAREHOLDERS' FUNDS 24,965 50,972
Page 1
Page 2
For the year 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Rosemary Margaret Brown
Director
20/11/2024
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
The Copy and Print Shop Limited is a private company, limited by shares, incorporated in Scotland, registered number SC497344 . The registered office is 10 Chapelton Gardens, Glasgow, G61 2DH.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of ten years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% Straight Line
Motor Vehicles 25% Straght Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
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 as follows: 2 (2023 2)
2024 2023
Office and administration 2 2
2 2
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 170,527
As at 31 March 2024 170,527
Amortisation
As at 1 April 2023 139,265
Provided during the period 17,053
As at 31 March 2024 156,318
Net Book Value
As at 31 March 2024 14,209
As at 1 April 2023 31,262
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 39,219 1,648 700 1,371 42,938
As at 31 March 2024 39,219 1,648 700 1,371 42,938
Depreciation
As at 1 April 2023 31,303 1,648 700 1,371 35,022
Provided during the period 7,916 - - - 7,916
As at 31 March 2024 39,219 1,648 700 1,371 42,938
Net Book Value
As at 31 March 2024 - - - - -
As at 1 April 2023 7,916 - - - 7,916
6. Stocks
2024 2023
£ £
Finished goods 4,000 4,000
7. Debtors
2024 2023
£ £
Due within one year
VAT 875 691
Director's loan account 39,879 41,902
40,754 42,593
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 7,628 4,335
Accruals and deferred income 1,000 1,000
8,628 5,335
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 25,370 29,464
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
Page 5