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 SC200010 Michael Wishart Donna Wishart Lydia Wishart Conor Wishart Donna Wishart iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC200010 2023-03-31 SC200010 2024-03-31 SC200010 2023-04-01 2024-03-31 SC200010 frs-core:CurrentFinancialInstruments 2024-03-31 SC200010 frs-core:Non-currentFinancialInstruments 2024-03-31 SC200010 frs-core:ComputerEquipment 2024-03-31 SC200010 frs-core:ComputerEquipment 2023-04-01 2024-03-31 SC200010 frs-core:ComputerEquipment 2023-03-31 SC200010 frs-core:PlantMachinery 2024-03-31 SC200010 frs-core:PlantMachinery 2023-04-01 2024-03-31 SC200010 frs-core:PlantMachinery 2023-03-31 SC200010 frs-core:ShareCapital 2024-03-31 SC200010 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC200010 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC200010 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC200010 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC200010 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC200010 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC200010 frs-bus:Director1 2023-04-01 2024-03-31 SC200010 frs-bus:Director2 2023-04-01 2024-03-31 SC200010 frs-bus:Director3 2023-04-01 2024-03-31 SC200010 frs-bus:Director4 2023-04-01 2024-03-31 SC200010 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 SC200010 frs-countries:Scotland 2023-04-01 2024-03-31 SC200010 2022-03-31 SC200010 2023-03-31 SC200010 2022-04-01 2023-03-31 SC200010 frs-core:CurrentFinancialInstruments 2023-03-31 SC200010 frs-core:Non-currentFinancialInstruments 2023-03-31 SC200010 frs-core:ShareCapital 2023-03-31 SC200010 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC200010
EDINBURGH CORE CUTTING SERVICES LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: SC200010
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 34,742 51,017
34,742 51,017
CURRENT ASSETS
Debtors 5 190,631 228,509
Cash at bank and in hand 642 4,833
191,273 233,342
Creditors: Amounts Falling Due Within One Year 6 (65,271 ) (51,742 )
NET CURRENT ASSETS (LIABILITIES) 126,002 181,600
TOTAL ASSETS LESS CURRENT LIABILITIES 160,744 232,617
Creditors: Amounts Falling Due After More Than One Year 7 (20,992 ) (29,326 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,601 ) (9,693 )
NET ASSETS 133,151 193,598
CAPITAL AND RESERVES
Called up share capital 8 1 1
Income Statement 133,150 193,597
SHAREHOLDERS' FUNDS 133,151 193,598
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 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 Income Statement.
On behalf of the board
Michael Wishart
Director
Donna Wishart
Director
Lydia Wishart
Director
Conor Wishart
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
EDINBURGH CORE CUTTING SERVICES LIMITED is a private company, limited by shares, incorporated in Scotland, registered number SC200010 . The registered office is 7d Pentland Industrial Estate, Loanhead, EH20 9QH.
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.
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 20% straight line
Computer Equipment 33.3% straight line
2.4. 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. 
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. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 10)
9 10
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 149,555 - 149,555
Additions 2,050 1,257 3,307
As at 31 March 2024 151,605 1,257 152,862
Depreciation
As at 1 April 2023 98,538 - 98,538
Provided during the period 19,442 140 19,582
As at 31 March 2024 117,980 140 118,120
Net Book Value
As at 31 March 2024 33,625 1,117 34,742
As at 1 April 2023 51,017 - 51,017
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 63,331 107,981
Amounts owed by participating interests 107,310 107,310
Other debtors 19,990 13,218
190,631 228,509
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 16,942 23,541
Bank loans and overdrafts 13,316 8,333
Other creditors 8,330 8,295
Taxation and social security 26,683 11,573
65,271 51,742
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 20,992 29,326
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4