Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 SC475085 Miss Jessica Thomson Mr Steven Gregory Ms Michelle Appleby Mrs Jennifer Cowan Ms Susan Craig Mrs Terri Lyon Mr David McCall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC475085 2023-04-30 SC475085 2024-04-30 SC475085 2023-05-01 2024-04-30 SC475085 frs-core:CurrentFinancialInstruments 2024-04-30 SC475085 frs-core:ComputerEquipment 2024-04-30 SC475085 frs-core:ComputerEquipment 2023-05-01 2024-04-30 SC475085 frs-core:ComputerEquipment 2023-04-30 SC475085 frs-core:MotorVehicles 2024-04-30 SC475085 frs-core:MotorVehicles 2023-05-01 2024-04-30 SC475085 frs-core:MotorVehicles 2023-04-30 SC475085 frs-core:PlantMachinery 2024-04-30 SC475085 frs-core:PlantMachinery 2023-05-01 2024-04-30 SC475085 frs-core:PlantMachinery 2023-04-30 SC475085 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC475085 frs-bus:CompanyLimitedByGuarantee 2023-05-01 2024-04-30 SC475085 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC475085 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC475085 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC475085 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC475085 frs-bus:Director1 2023-05-01 2024-04-30 SC475085 frs-bus:Director2 2023-05-01 2024-04-30 SC475085 frs-bus:Director3 2023-05-01 2024-04-30 SC475085 frs-bus:Director4 2023-05-01 2024-04-30 SC475085 frs-bus:Director5 2023-05-01 2024-04-30 SC475085 frs-bus:Director6 2023-05-01 2024-04-30 SC475085 frs-bus:Director7 2023-05-01 2024-04-30 SC475085 frs-countries:Scotland 2023-05-01 2024-04-30 SC475085 2022-04-30 SC475085 2023-04-30 SC475085 2022-05-01 2023-04-30 SC475085 frs-core:CurrentFinancialInstruments 2023-04-30 SC475085 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: SC475085
Under The Trees Ltd
Financial Statements
For The Year Ended 30 April 2024
Donoghue & Co. Ltd
19a Wellside Place
Falkirk
FK1 5RL
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC475085
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,055 12,899
24,055 12,899
CURRENT ASSETS
Debtors 5 - 2,199
Cash at bank and in hand 105,168 98,040
105,168 100,239
Creditors: Amounts Falling Due Within One Year 6 (10,033 ) (12,879 )
NET CURRENT ASSETS (LIABILITIES) 95,135 87,360
TOTAL ASSETS LESS CURRENT LIABILITIES 119,190 100,259
NET ASSETS 119,190 100,259
Income and Expenditure Account 119,190 100,259
MEMBERS' FUNDS 119,190 100,259
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 Income and Expenditure Account.
On behalf of the board
Miss Jessica Thomson
Director
28th January 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Under The Trees Ltd is a private company, limited by guarantee, incorporated in Scotland, registered number SC475085 . The registered office is Unit F And G Unit F And G, Newhouse Business Park, Newhouse Road, Grangemouth, Falkirk, FK3 8LL.
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 15% Straight Line
Motor Vehicles 15% Straight Line
Computer Equipment 33% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 8)
10 8
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 3,091 23,538 2,743 29,372
Additions 15,620 - 1,836 17,456
As at 30 April 2024 18,711 23,538 4,579 46,828
Depreciation
As at 1 May 2023 3,091 11,245 2,137 16,473
Provided during the period 3,124 2,272 904 6,300
As at 30 April 2024 6,215 13,517 3,041 22,773
Net Book Value
As at 30 April 2024 12,496 10,021 1,538 24,055
As at 1 May 2023 - 12,293 606 12,899
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 2,199
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 8,662 11,845
Other taxes and social security 1,371 1,034
10,033 12,879
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3