Acorah Software Products - Accounts Production 15.0.500 true true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 SC588451 Miss Michelle Mair iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC588451 2023-02-28 SC588451 2024-02-28 SC588451 2023-03-01 2024-02-28 SC588451 frs-core:CurrentFinancialInstruments 2024-02-28 SC588451 frs-core:PlantMachinery 2024-02-28 SC588451 frs-core:PlantMachinery 2023-03-01 2024-02-28 SC588451 frs-core:PlantMachinery 2023-02-28 SC588451 frs-core:ShareCapital 2024-02-28 SC588451 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 SC588451 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 SC588451 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 SC588451 frs-bus:SmallEntities 2023-03-01 2024-02-28 SC588451 frs-bus:EntityNoLongerTradingButTradedInPast 2023-03-01 2024-02-28 SC588451 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 SC588451 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 SC588451 frs-bus:Director1 2023-03-01 2024-02-28 SC588451 frs-countries:Scotland 2023-03-01 2024-02-28 SC588451 2022-02-28 SC588451 2023-02-28 SC588451 2022-03-01 2023-02-28 SC588451 frs-core:CurrentFinancialInstruments 2023-02-28 SC588451 frs-core:ShareCapital 2023-02-28 SC588451 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: SC588451
Peaceful Pandas Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2024
Harleys Bookkeeping & Tax Returns Ltd
Dalgety Bay Business Centre
Sybrig House
Ridge Way
Dalgety Bay
KY11 9JN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC588451
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,462 1,462
1,462 1,462
CURRENT ASSETS
Debtors 5 400 400
400 400
Creditors: Amounts Falling Due Within One Year 6 (4,174 ) (4,174 )
NET CURRENT ASSETS (LIABILITIES) (3,774 ) (3,774 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,312 ) (2,312 )
NET LIABILITIES (2,312 ) (2,312 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (2,313 ) (2,313 )
SHAREHOLDERS' FUNDS (2,312) (2,312)
Page 1
Page 2
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 her 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
Miss Michelle Mair
Director
28/11/2024
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
Peaceful Pandas Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC588451 . The registered office is 3 Elmwood Terrace, Kelty, Fife, KY4 0LL.
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. 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 25% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 March 2023 1,950
As at 28 February 2024 1,950
Depreciation
As at 1 March 2023 488
As at 28 February 2024 488
Net Book Value
As at 28 February 2024 1,462
As at 1 March 2023 1,462
5. Debtors
2024 2023
£ £
Due within one year
Corporation tax recoverable assets 400 400
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 250 250
Director's loan account 3,924 3,924
4,174 4,174
Page 3
Page 4
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4