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 SC677574 Mr Lewis Brown Mr Cameron Wright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC677574 2023-04-30 SC677574 2024-04-30 SC677574 2023-05-01 2024-04-30 SC677574 frs-core:CurrentFinancialInstruments 2024-04-30 SC677574 frs-core:Non-currentFinancialInstruments 2024-04-30 SC677574 frs-core:ComputerEquipment 2024-04-30 SC677574 frs-core:ComputerEquipment 2023-05-01 2024-04-30 SC677574 frs-core:ComputerEquipment 2023-04-30 SC677574 frs-core:FurnitureFittings 2024-04-30 SC677574 frs-core:FurnitureFittings 2023-05-01 2024-04-30 SC677574 frs-core:FurnitureFittings 2023-04-30 SC677574 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 SC677574 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC677574 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 SC677574 frs-core:PlantMachinery 2024-04-30 SC677574 frs-core:PlantMachinery 2023-05-01 2024-04-30 SC677574 frs-core:PlantMachinery 2023-04-30 SC677574 frs-core:ShareCapital 2024-04-30 SC677574 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC677574 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC677574 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC677574 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC677574 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC677574 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC677574 frs-bus:Director1 2023-05-01 2024-04-30 SC677574 frs-bus:Director2 2023-05-01 2024-04-30 SC677574 frs-countries:Scotland 2023-05-01 2024-04-30 SC677574 2022-04-30 SC677574 2023-04-30 SC677574 2022-05-01 2023-04-30 SC677574 frs-core:CurrentFinancialInstruments 2023-04-30 SC677574 frs-core:Non-currentFinancialInstruments 2023-04-30 SC677574 frs-core:ShareCapital 2023-04-30 SC677574 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: SC677574
Brighter Trade Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC677574
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 101,218
- 101,218
CURRENT ASSETS
Cash at bank and in hand 89,684 23,051
89,684 23,051
Creditors: Amounts Falling Due Within One Year 5 (5,375 ) (2,900 )
NET CURRENT ASSETS (LIABILITIES) 84,309 20,151
TOTAL ASSETS LESS CURRENT LIABILITIES 84,309 121,369
Creditors: Amounts Falling Due After More Than One Year 6 (95,500 ) (116,543 )
NET (LIABILITIES)/ASSETS (11,191 ) 4,826
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (11,291 ) 4,726
SHAREHOLDERS' FUNDS (11,191) 4,826
Page 1
Page 2
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
Mr Lewis Brown
Director
29/01/2025
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
Brighter Trade Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC677574 . The registered office is 2nd Floor, Belgrave Court, Rosehall Road, Bellshill, Lanarkshire, ML4 3NR.
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 0%
Plant & Machinery 20%
Fixtures & Fittings 20%
Computer Equipment 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 May 2023 85,000 793 22,421 40 108,254
Disposals (85,000 ) (793 ) (22,421 ) (40 ) (108,254 )
As at 30 April 2024 - - - - -
Depreciation
As at 1 May 2023 - 266 6,757 13 7,036
Disposals - (266 ) (6,757 ) (13 ) (7,036 )
As at 30 April 2024 - - - - -
Net Book Value
As at 30 April 2024 - - - - -
As at 1 May 2023 85,000 527 15,664 27 101,218
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,601 2,900
Directors' loan accounts 3,774 -
5,375 2,900
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account - 9,543
Amounts owed to associates 95,500 107,000
95,500 116,543
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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