Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 SC651444 G Sutherland S Sutherland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC651444 2023-04-30 SC651444 2024-04-30 SC651444 2023-05-01 2024-04-30 SC651444 frs-core:CurrentFinancialInstruments 2024-04-30 SC651444 frs-core:Non-currentFinancialInstruments 2024-04-30 SC651444 frs-core:BetweenOneFiveYears 2024-04-30 SC651444 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 SC651444 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC651444 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 SC651444 frs-core:PlantMachinery 2024-04-30 SC651444 frs-core:PlantMachinery 2023-05-01 2024-04-30 SC651444 frs-core:PlantMachinery 2023-04-30 SC651444 frs-core:WithinOneYear 2024-04-30 SC651444 frs-core:ShareCapital 2024-04-30 SC651444 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC651444 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC651444 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC651444 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC651444 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC651444 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC651444 frs-bus:Director1 2023-05-01 2024-04-30 SC651444 frs-bus:Director2 2023-05-01 2024-04-30 SC651444 frs-countries:Scotland 2023-05-01 2024-04-30 SC651444 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-04-30 SC651444 2022-04-30 SC651444 2023-04-30 SC651444 2022-05-01 2023-04-30 SC651444 frs-core:CurrentFinancialInstruments 2023-04-30 SC651444 frs-core:Non-currentFinancialInstruments 2023-04-30 SC651444 frs-core:BetweenOneFiveYears 2023-04-30 SC651444 frs-core:WithinOneYear 2023-04-30 SC651444 frs-core:ShareCapital 2023-04-30 SC651444 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: SC651444
Sudr Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC651444
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 228,864 262,732
228,864 262,732
CURRENT ASSETS
Stocks 5 26,873 22,576
Debtors 6 1,107 988
Cash at bank and in hand 14,962 75,123
42,942 98,687
Creditors: Amounts Falling Due Within One Year 7 (213,163 ) (151,588 )
NET CURRENT ASSETS (LIABILITIES) (170,221 ) (52,901 )
TOTAL ASSETS LESS CURRENT LIABILITIES 58,643 209,831
Creditors: Amounts Falling Due After More Than One Year 8 (29,659 ) (139,520 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (27,362 ) (11,621 )
NET ASSETS 1,622 58,690
CAPITAL AND RESERVES
Called up share capital 10 205 205
Profit and Loss Account 1,417 58,485
SHAREHOLDERS' FUNDS 1,622 58,690
Page 1
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For the year ending 30 April 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.
On behalf of the board
G Sutherland
Director
22/12/2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sudr Limited is a private company, limited by shares, incorporated in Scotland, registered number SC651444 . The registered office is 21 Albert Street, Kirkwall, Orkney, KW15 1HP.
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:
Freehold 2% straight line basis
Plant & Machinery 25% reducing balance basis
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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.
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2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. 
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities 
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities 
Basic financial liabilities, including creditors, bank loans and loans from connected parties are initially recognised at transaction price and are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortized cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognized initially at transaction price and subsequently measured at amortized cost using the effective interest method.
Equity Instruments 
Equity instruments issued by the company are recorded at the process received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2.7. Taxation
The tax 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 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.
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 assets reflect 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: 32 (2023: 28)
32 28
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 May 2023 125,000 173,343 298,343
Additions - 5,743 5,743
As at 30 April 2024 125,000 179,086 304,086
Depreciation
As at 1 May 2023 2,500 33,111 35,611
Provided during the period 2,500 37,111 39,611
As at 30 April 2024 5,000 70,222 75,222
Net Book Value
As at 30 April 2024 120,000 108,864 228,864
As at 1 May 2023 122,500 140,232 262,732
5. Stocks
2024 2023
£ £
Stock 26,873 22,576
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 110
Other debtors 1,107 878
1,107 988
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,025 4,025
Trade creditors 28,629 42,235
Bank loans and overdrafts 25,177 -
Other loans 16,577 20,500
Other creditors 82,097 33,878
Taxation and social security 56,658 50,950
213,163 151,588
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 20,894 24,919
Bank loans 8,765 113,899
Amounts owed to participating interests - 702
29,659 139,520
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans - 14,095
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,025 4,025
Later than one year and not later than five years 20,894 24,919
24,919 28,944
24,919 28,944
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 205 205
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