Acorah Software Products - Accounts Production 16.0.110 false true true 28 February 2023 21 February 2022 false 1 March 2023 29 February 2024 29 February 2024 SC723891 Mr C F Hall Mrs W L Hall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC723891 2023-02-28 SC723891 2024-02-29 SC723891 2023-03-01 2024-02-29 SC723891 frs-core:CurrentFinancialInstruments 2024-02-29 SC723891 frs-core:ShareCapital 2024-02-29 SC723891 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC723891 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC723891 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 SC723891 frs-bus:SmallEntities 2023-03-01 2024-02-29 SC723891 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC723891 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC723891 frs-bus:Director1 2023-03-01 2024-02-29 SC723891 frs-bus:Director2 2023-03-01 2024-02-29 SC723891 frs-countries:Scotland 2023-03-01 2024-02-29 SC723891 2022-02-20 SC723891 2023-02-28 SC723891 2022-02-21 2023-02-28 SC723891 frs-core:CurrentFinancialInstruments 2023-02-28 SC723891 frs-core:ShareCapital 2023-02-28 SC723891 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: SC723891
Broomfield Properties (West) Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Sense Accounting Limited
36 Bruntsfield Place
Edinburgh
EH10 4HJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC723891
29 February 2024 28 February 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 57,801 58,925
Cash at bank and in hand 263 1,535
58,064 60,460
Creditors: Amounts Falling Due Within One Year 5 (77,317 ) (67,657 )
NET CURRENT ASSETS (LIABILITIES) (19,253 ) (7,197 )
TOTAL ASSETS LESS CURRENT LIABILITIES (19,253 ) (7,197 )
NET LIABILITIES (19,253 ) (7,197 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (19,254 ) (7,198 )
SHAREHOLDERS' FUNDS (19,253) (7,197)
Page 1
Page 2
For the year ending 29 February 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 C F Hall
Director
20 November 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
Broomfield Properties (West) Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC723891 . The registered office is 202 Mansfield Road, Balerno, EH14 7JX.
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. Going Concern Disclosure
As at 28 February, the company was in a net current liability position.  The directors have confirmed that, with their continued financial support, the company will continue to meet its liabilities as they fall due. The accounts have therefore been prepared on a going concern basis.
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
29 February 2024 28 February 2023
£ £
Due within one year
Trade debtors 57,801 55,520
Other debtors - 3,062
VAT - 343
57,801 58,925
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
29 February 2024 28 February 2023
£ £
Trade creditors 1,800 12,491
VAT 2,809 -
Accruals and deferred income 1,100 1,500
Directors' loan accounts 20,927 20,565
Amounts owed to related parties 50,681 33,101
77,317 67,657
6. Share Capital
29 February 2024 28 February 2023
£ £
Allotted, Called up and fully paid 1 1
7. Related Party Transactions
At 29 February 2024, the company owed £50,681 (2023: £33,101) to Broomfield Properties Limited, a company with common directors. Included in trade debtors is £57,225 (2023: £55,520) owed from Broomfield Properties Limited.
At 29 February 2024, the company owed £20,927 (2023: £20,565) to the directors. The loan is unsecured, interest free and repayable on demand.
Page 4