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 SC398156 Mr Simon Lloyd Mr Steven Windsor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC398156 2023-03-31 SC398156 2024-03-31 SC398156 2023-04-01 2024-03-31 SC398156 frs-core:Non-currentFinancialInstruments 2024-03-31 SC398156 frs-core:FurnitureFittings 2023-04-01 2024-03-31 SC398156 frs-core:MotorVehicles 2023-04-01 2024-03-31 SC398156 frs-core:PlantMachinery 2023-04-01 2024-03-31 SC398156 frs-core:ShareCapital 2024-03-31 SC398156 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC398156 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC398156 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 SC398156 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC398156 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC398156 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC398156 frs-bus:Director1 2023-04-01 2024-03-31 SC398156 frs-bus:Director2 2023-04-01 2024-03-31 SC398156 frs-countries:Scotland 2023-04-01 2024-03-31 SC398156 2022-03-31 SC398156 2023-03-31 SC398156 2022-04-01 2023-03-31 SC398156 frs-core:Non-currentFinancialInstruments 2023-03-31 SC398156 frs-core:ShareCapital 2023-03-31 SC398156 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC398156
Ben Vrackie Ltd
ABRIDGED Financial Statements
For The Year Ended 31 March 2024
James Fraser & Co.
Chartered Accountants
3 Coates Place
Edinburgh
EH3 7AA
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: SC398156
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 660 685
660 685
CURRENT ASSETS
Stocks 43,699 51,602
Debtors 42,406 48,313
Cash at bank and in hand 29,369 29,024
115,474 128,939
Creditors: Amounts Falling Due Within One Year (360,983 ) (375,678 )
NET CURRENT ASSETS (LIABILITIES) (245,509 ) (246,739 )
TOTAL ASSETS LESS CURRENT LIABILITIES (244,849 ) (246,054 )
Creditors: Amounts Falling Due After More Than One Year (31,019 ) (36,575 )
NET LIABILITIES (275,868 ) (282,629 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (275,968 ) (282,729 )
SHAREHOLDERS' FUNDS (275,868) (282,629)
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 Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Simon Lloyd
Director
22 November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Ben Vrackie Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC398156 . The registered office is 15 Dudley Gardens, Edinburgh, EH6 4PU.
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 20% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 20% straight line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 April 2023 24,974
Additions 316
Disposals (3,500 )
As at 31 March 2024 21,790
...CONTINUED
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Page 4
Depreciation
As at 1 April 2023 24,289
Provided during the period 341
Disposals (3,500 )
As at 31 March 2024 21,130
Net Book Value
As at 31 March 2024 660
As at 1 April 2023 685
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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