Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 SC049657 Ms Eva Robertson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC049657 2023-03-31 SC049657 2024-03-31 SC049657 2023-04-01 2024-03-31 SC049657 frs-core:CurrentFinancialInstruments 2024-03-31 SC049657 frs-core:FurnitureFittings 2024-03-31 SC049657 frs-core:FurnitureFittings 2023-04-01 2024-03-31 SC049657 frs-core:FurnitureFittings 2023-03-31 SC049657 frs-core:NetGoodwill 2024-03-31 SC049657 frs-core:NetGoodwill 2023-04-01 2024-03-31 SC049657 frs-core:NetGoodwill 2023-03-31 SC049657 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 SC049657 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC049657 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 SC049657 frs-core:MotorVehicles 2024-03-31 SC049657 frs-core:MotorVehicles 2023-04-01 2024-03-31 SC049657 frs-core:MotorVehicles 2023-03-31 SC049657 frs-core:PlantMachinery 2024-03-31 SC049657 frs-core:PlantMachinery 2023-04-01 2024-03-31 SC049657 frs-core:PlantMachinery 2023-03-31 SC049657 frs-core:CapitalRedemptionReserve 2024-03-31 SC049657 frs-core:ShareCapital 2024-03-31 SC049657 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC049657 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC049657 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC049657 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC049657 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC049657 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC049657 frs-bus:Director1 2023-04-01 2024-03-31 SC049657 frs-core:CurrentFinancialInstruments 2 2024-03-31 SC049657 frs-core:CurrentFinancialInstruments 4 2024-03-31 SC049657 frs-core:CurrentFinancialInstruments 5 2024-03-31 SC049657 frs-countries:Scotland 2023-04-01 2024-03-31 SC049657 2022-03-31 SC049657 2023-03-31 SC049657 2022-04-01 2023-03-31 SC049657 frs-core:CurrentFinancialInstruments 2023-03-31 SC049657 frs-core:CapitalRedemptionReserve 2023-03-31 SC049657 frs-core:ShareCapital 2023-03-31 SC049657 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 SC049657 frs-core:CurrentFinancialInstruments 2 2023-03-31 SC049657 frs-core:CurrentFinancialInstruments 3 2023-03-31 SC049657 frs-core:CurrentFinancialInstruments 4 2023-03-31 SC049657 frs-core:CurrentFinancialInstruments 5 2023-03-31
Registered number: SC049657
Carrick Jewellery Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
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—5
Page 1
Balance Sheet
Registered number: SC049657
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 153,076 174,944
Tangible Assets 5 154,831 168,998
307,907 343,942
CURRENT ASSETS
Stocks 6 2,000 2,000
Debtors 7 238,938 152,890
Cash at bank and in hand 45,083 6,810
286,021 161,700
Creditors: Amounts Falling Due Within One Year 8 (303,151 ) (267,877 )
NET CURRENT ASSETS (LIABILITIES) (17,130 ) (106,177 )
TOTAL ASSETS LESS CURRENT LIABILITIES 290,777 237,765
NET ASSETS 290,777 237,765
CAPITAL AND RESERVES
Called up share capital 9 37,000 37,000
Capital redemption reserve 63,000 63,000
Profit and Loss Account 190,777 137,765
SHAREHOLDERS' FUNDS 290,777 237,765
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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 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
Ms Eva Robertson
Director
26/12/2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Carrick Jewellery Limited is a private company, limited by shares, incorporated in Scotland, registered number SC049657 . The registered office is 24 Gordon Street, Glasgow, G1 3PU.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 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:
Freehold 5% Straight Line
Plant & Machinery 15% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 28 (2023: 28)
28 28
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4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 218,680
As at 31 March 2024 218,680
Amortisation
As at 1 April 2023 43,736
Provided during the period 21,868
As at 31 March 2024 65,604
Net Book Value
As at 31 March 2024 153,076
As at 1 April 2023 174,944
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 April 2023 112,922 57,482 6,500 24,195 201,099
Additions - 1,504 - 515 2,019
As at 31 March 2024 112,922 58,986 6,500 24,710 203,118
Depreciation
As at 1 April 2023 10,890 13,121 2,081 6,009 32,101
Provided during the period 5,662 6,344 803 3,377 16,186
As at 31 March 2024 16,552 19,465 2,884 9,386 48,287
Net Book Value
As at 31 March 2024 96,370 39,521 3,616 15,324 154,831
As at 1 April 2023 102,032 44,361 4,419 18,186 168,998
6. Stocks
2024 2023
£ £
Stock 2,000 2,000
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7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 20,624 14,250
Inter company accounts 72,526 80,769
Riverhill short loan 145,788 53,720
Gift vouchers - 4,151
238,938 152,890
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 84,630 71,345
Corporation tax 4,053 4,053
Other taxes and social security 63,793 7,263
VAT 118,466 127,823
Other creditors - 4,161
Other creditors (CP) (Current liabilities - creditors < 1 year) 31,440 48,654
Giift vouchers (4,323 ) -
Credit card 842 577
Director's loan account 4,250 4,001
303,151 267,877
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 37,000 37,000
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