Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 SC304984 R Hyder A A T Cameron A A T Cameron iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC304984 2023-03-31 SC304984 2024-03-31 SC304984 2023-04-01 2024-03-31 SC304984 frs-core:CurrentFinancialInstruments 2024-03-31 SC304984 frs-core:ComputerEquipment 2024-03-31 SC304984 frs-core:ComputerEquipment 2023-04-01 2024-03-31 SC304984 frs-core:ComputerEquipment 2023-03-31 SC304984 frs-core:NetGoodwill 2024-03-31 SC304984 frs-core:NetGoodwill 2023-04-01 2024-03-31 SC304984 frs-core:NetGoodwill 2023-03-31 SC304984 frs-core:PlantMachinery 2023-04-01 2024-03-31 SC304984 frs-core:ShareCapital 2024-03-31 SC304984 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC304984 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC304984 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC304984 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC304984 frs-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 SC304984 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC304984 frs-bus:Director1 2023-04-01 2024-03-31 SC304984 frs-bus:Director2 2023-04-01 2024-03-31 SC304984 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 SC304984 frs-countries:Scotland 2023-04-01 2024-03-31 SC304984 2022-03-31 SC304984 2023-03-31 SC304984 2022-04-01 2023-03-31 SC304984 frs-core:CurrentFinancialInstruments 2023-03-31 SC304984 frs-core:ShareCapital 2023-03-31 SC304984 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC304984
direction Counselling And Training Ltd.
Unaudited Financial Statements
For The Year Ended 31 March 2024
Prime Numbers
Chartered Accountants
1 Lochrin Square
92 Fountainbridge
Edinburgh
EH3 9QA
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of direction Counselling And Training Ltd. For The Year Ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of direction Counselling And Training Ltd. For The Year Ended 31 March 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of direction Counselling And Training Ltd. , as a body, in accordance with the terms of our engagement letter dated 26 March 2018. Our work has been undertaken solely to prepare for your approval the accounts of direction Counselling And Training Ltd. and state those matters that we have agreed to state to the directors of direction Counselling And Training Ltd. , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than direction Counselling And Training Ltd. and its directors, as a body, for our work or for this report.
It is your duty to ensure that direction Counselling And Training Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of direction Counselling And Training Ltd. . You consider that direction Counselling And Training Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of direction Counselling And Training Ltd. . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
Prime Numbers Accountancy Services Limited
26/11/2024
Prime Numbers
Chartered Accountants
1 Lochrin Square
92 Fountainbridge
Edinburgh
EH3 9QA
Page 1
Page 2
Balance Sheet
Registered number: SC304984
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,280 7,040
Tangible Assets 5 12,454 6,215
17,734 13,255
CURRENT ASSETS
Debtors 6 7,261 12,154
Cash at bank and in hand 57,279 44,489
64,540 56,643
Creditors: Amounts Falling Due Within One Year 7 (22,298 ) (33,270 )
NET CURRENT ASSETS (LIABILITIES) 42,242 23,373
TOTAL ASSETS LESS CURRENT LIABILITIES 59,976 36,628
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,337 ) (1,181 )
NET ASSETS 58,639 35,447
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 58,539 35,347
SHAREHOLDERS' FUNDS 58,639 35,447
Page 2
Page 3
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 Profit and Loss Account.
On behalf of the board
A A T Cameron
Director
26/11/2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
direction Counselling And Training Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC304984 . The registered office is 7a Haddington Place, Edinburgh, Scotland, EH7 4AE.
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. Turnover includes revenue earned from the rendering of services and rental of consulting rooms. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 20 years.
2.4. 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% Straight Line
2.5. 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 year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
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. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 35,200
As at 31 March 2024 35,200
Amortisation
As at 1 April 2023 28,160
Provided during the period 1,760
As at 31 March 2024 29,920
Net Book Value
As at 31 March 2024 5,280
As at 1 April 2023 7,040
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 7,316
Additions 10,747
As at 31 March 2024 18,063
Depreciation
As at 1 April 2023 1,101
Provided during the period 4,508
As at 31 March 2024 5,609
Net Book Value
As at 31 March 2024 12,454
As at 1 April 2023 6,215
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,572 9,324
Prepayments and accrued income 31 -
Other debtors 658 658
Other taxes and social security - 2,172
7,261 12,154
Page 5
Page 6
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 494 2,958
Corporation tax 4,321 2,238
Other taxes and social security 931 -
VAT 2,268 -
Net wages - 861
Other creditors - 23,225
Accruals and deferred income 6,164 -
Directors' loan accounts 8,120 3,988
22,298 33,270
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 6