Acorah Software Products - Accounts Production 16.0.110 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 SC613402 Mr Callum Paterson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC613402 2022-11-30 SC613402 2023-11-30 SC613402 2022-12-01 2023-11-30 SC613402 frs-core:CurrentFinancialInstruments 2023-11-30 SC613402 frs-core:Non-currentFinancialInstruments 2023-11-30 SC613402 frs-core:PlantMachinery 2023-11-30 SC613402 frs-core:PlantMachinery 2022-12-01 2023-11-30 SC613402 frs-core:PlantMachinery 2022-11-30 SC613402 frs-core:ShareCapital 2023-11-30 SC613402 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC613402 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC613402 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 SC613402 frs-bus:SmallEntities 2022-12-01 2023-11-30 SC613402 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC613402 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 SC613402 frs-bus:Director1 2022-12-01 2023-11-30 SC613402 frs-bus:Director1 2022-11-30 SC613402 frs-bus:Director1 2023-11-30 SC613402 frs-countries:Scotland 2022-12-01 2023-11-30 SC613402 2021-11-30 SC613402 2022-11-30 SC613402 2021-12-01 2022-11-30 SC613402 frs-core:CurrentFinancialInstruments 2022-11-30 SC613402 frs-core:Non-currentFinancialInstruments 2022-11-30 SC613402 frs-core:ShareCapital 2022-11-30 SC613402 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: SC613402
Cp Detailing Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Almond Valley Accounting Limited
CIMA
C/O Av Accounting, Suite 14 Ellismuir House
Ellismuir Way
Tannochside
G71 5PW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC613402
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 14,295 16,510
Cash at bank and in hand 500 760
14,795 17,270
Creditors: Amounts Falling Due Within One Year 6 (13,108 ) (13,988 )
NET CURRENT ASSETS (LIABILITIES) 1,687 3,282
TOTAL ASSETS LESS CURRENT LIABILITIES 1,687 3,282
Creditors: Amounts Falling Due After More Than One Year 7 (4,051 ) (4,225 )
NET LIABILITIES (2,364 ) (943 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (2,365 ) (944 )
SHAREHOLDERS' FUNDS (2,364) (943)
Page 1
Page 2
For the year ending 30 November 2023 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 his 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 Callum Paterson
Director
25/11/2024
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
Cp Detailing Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC613402 . The registered office is 12 Southend Court, Strathaven, ML10 6QU.
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. 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 50% Straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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. 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.
Current 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 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 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 December 2022 3,542
As at 30 November 2023 3,542
Depreciation
As at 1 December 2022 3,542
As at 30 November 2023 3,542
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 November 2023 -
As at 1 December 2022 -
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 9,600 10,517
Director's loan account 3,510 5,993
13,110 16,510
Due after more than one year
Corporation tax recoverable assets 1,185 -
14,295 16,510
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,752 10,203
Bank loans and overdrafts 23 -
Corporation tax 1,246 755
Other taxes and social security 624 871
Other creditors 8,018 2,159
Accruals and deferred income 1,445 -
13,108 13,988
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 4,051 4,225
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2022 Amounts advanced Amounts repaid Amounts written off As at 30 November 2023
£ £ £ £ £
Mr Callum Paterson 5,992 1,845 4,327 - 3,510
The above loan is unsecured, interest free and repayable on demand.
Page 4