Acorah Software Products - Accounts Production 16.0.110 false true 31 December 2022 1 January 2022 false 1 January 2023 29 February 2024 29 February 2024 SC167477 Mr Robert Bowles Mrs Maralyn Brown Mr Bruce Cochran Mr Mariangela Du Chaliot Mr Alistair Hector Mrs Gwendolynne Newton Mr Fergus Salvesen Halliday Mrs Helen Woodsford-Dean Mr Francisca Sanchen ortiz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC167477 2022-12-31 SC167477 2024-02-29 SC167477 2023-01-01 2024-02-29 SC167477 frs-core:CurrentFinancialInstruments 2024-02-29 SC167477 frs-core:ComputerEquipment 2024-02-29 SC167477 frs-core:ComputerEquipment 2023-01-01 2024-02-29 SC167477 frs-core:ComputerEquipment 2022-12-31 SC167477 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-02-29 SC167477 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2024-02-29 SC167477 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-31 SC167477 frs-core:FurnitureFittings 2024-02-29 SC167477 frs-core:FurnitureFittings 2023-01-01 2024-02-29 SC167477 frs-core:FurnitureFittings 2022-12-31 SC167477 frs-core:PlantMachinery 2024-02-29 SC167477 frs-core:PlantMachinery 2023-01-01 2024-02-29 SC167477 frs-core:PlantMachinery 2022-12-31 SC167477 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC167477 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2024-02-29 SC167477 frs-bus:FilletedAccounts 2023-01-01 2024-02-29 SC167477 frs-bus:SmallEntities 2023-01-01 2024-02-29 SC167477 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2024-02-29 SC167477 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2024-02-29 SC167477 frs-bus:Director1 2023-01-01 2024-02-29 SC167477 frs-bus:Director2 2023-01-01 2024-02-29 SC167477 frs-bus:Director3 2023-01-01 2024-02-29 SC167477 frs-bus:Director4 2023-01-01 2024-02-29 SC167477 frs-bus:Director5 2023-01-01 2024-02-29 SC167477 frs-bus:Director6 2023-01-01 2024-02-29 SC167477 frs-bus:Director7 2023-01-01 2024-02-29 SC167477 frs-bus:Director8 2023-01-01 2024-02-29 SC167477 frs-bus:Director9 2023-01-01 2024-02-29 SC167477 frs-core:CurrentFinancialInstruments 1 2024-02-29 SC167477 frs-countries:Scotland 2023-01-01 2024-02-29 SC167477 2021-12-31 SC167477 2022-12-31 SC167477 2022-01-01 2022-12-31 SC167477 frs-core:CurrentFinancialInstruments 2022-12-31 SC167477 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 SC167477 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: SC167477
Scottish Tourist Guides Association
Financial Statements
For the Period 1 January 2023 to 29 February 2024
Stewart Accounting Services Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC167477
29 February 2024 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,600 6,400
Tangible Assets 5 3,666 5,104
7,266 11,504
CURRENT ASSETS
Stocks 6 10,484 3,100
Debtors 7 10,691 11,386
Cash at bank and in hand 359,070 245,993
380,245 260,479
Creditors: Amounts Falling Due Within One Year 8 (244,575 ) (109,920 )
NET CURRENT ASSETS (LIABILITIES) 135,670 150,559
TOTAL ASSETS LESS CURRENT LIABILITIES 142,936 162,063
NET ASSETS 142,936 162,063
Income and Expenditure Account 142,936 162,063
MEMBERS' FUNDS 142,936 162,063
Page 1
Page 2
For the period 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 Income and Expenditure Account.
On behalf of the board
Mrs Maralyn Brown
Director
15th November 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
Scottish Tourist Guides Association is a company limited by guarantee of its members and does not have share capital. Each member has undertaken to contribute an amount not exceeding one pound towards any deficit arising in the event of the company being wound up.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
Scottish Tourist Guides Association is a private company, limited by guarantee, registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
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. Research and Development
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five 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 % SLM
Fixtures & Fittings 20% RBM
Computer Equipment 50% SLM
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.
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3. Average Number of Employees
Average number of employees, including directors, during the period was: 5 (2022: 4)
5 4
4. Intangible Assets
Development Costs
£
Cost
As at 1 January 2023 12,000
As at 29 February 2024 12,000
Amortisation
As at 1 January 2023 5,600
Provided during the period 2,800
As at 29 February 2024 8,400
Net Book Value
As at 29 February 2024 3,600
As at 1 January 2023 6,400
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 33,899 11,551 10,666 56,116
As at 29 February 2024 33,899 11,551 10,666 56,116
Depreciation
As at 1 January 2023 33,577 6,769 10,666 51,012
Provided during the period 322 1,116 - 1,438
As at 29 February 2024 33,899 7,885 10,666 52,450
Net Book Value
As at 29 February 2024 - 3,666 - 3,666
As at 1 January 2023 322 4,782 - 5,104
6. Stocks
29 February 2024 31 December 2022
£ £
Stock 10,484 3,100
Page 4
Page 5
7. Debtors
29 February 2024 31 December 2022
£ £
Due within one year
Trade debtors 1,262 5,745
Prepayments and accrued income 5,363 4,609
Other debtors - 1,032
Stripe account 4,066 -
10,691 11,386
8. Creditors: Amounts Falling Due Within One Year
29 February 2024 31 December 2022
£ £
Trade creditors 4,575 1,387
Other taxes and social security 3,044 743
Other creditors - (22 )
Accruals and deferred income 236,956 107,812
244,575 109,920
9. Share Capital
Page 5