Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 SC589328 Mr Ian Robson Mrs Nicola Robson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC589328 2023-02-28 SC589328 2024-02-29 SC589328 2023-03-01 2024-02-29 SC589328 frs-core:ShareCapital 2024-02-29 SC589328 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC589328 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC589328 frs-bus:AbridgedAccounts 2023-03-01 2024-02-29 SC589328 frs-bus:SmallEntities 2023-03-01 2024-02-29 SC589328 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC589328 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC589328 frs-bus:Director1 2023-03-01 2024-02-29 SC589328 frs-bus:Director2 2023-03-01 2024-02-29 SC589328 frs-countries:Scotland 2023-03-01 2024-02-29 SC589328 2022-02-28 SC589328 2023-02-28 SC589328 2022-03-01 2023-02-28 SC589328 frs-core:ShareCapital 2023-02-28 SC589328 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: SC589328
Eyton Bridge Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: SC589328
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 1,577 -
Cash at bank and in hand 44 7,544
1,621 7,544
Creditors: Amounts Falling Due Within One Year (8,517 ) (7,341 )
NET CURRENT ASSETS (LIABILITIES) (6,896 ) 203
TOTAL ASSETS LESS CURRENT LIABILITIES (6,896 ) 203
NET (LIABILITIES)/ASSETS (6,896 ) 203
CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and Loss Account (6,996 ) 103
SHAREHOLDERS' FUNDS (6,896) 203
Page 1
Page 2
For the year 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 Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 29 February 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Ian Robson
Director
Mrs Nicola Robson
Director
28 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
Eyton Bridge Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC589328 . The registered office is 19 North Road, Liff, Dundee, DD2 5SQ. The trading address is Laurel Dene, The Street, Hesset, Bury St Edmonds, Suffolk, IP30 9AZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost basis, as modified by the revaluaton of certain financial assets and liabilities and investment properties measured at fair value through profit or loss, and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity.
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.
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. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objectice evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments, regardless of significance and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Page 3
Page 4
2.4. Taxation
The taxation 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
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
5. Going concern
Although the company balance sheet is in deficit, the company's directors continue to look for new projects and the directors' loan of £7,664 will not be repaid until the company returns to profitability.
Page 4