Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2023 1 February 2022 false 1 February 2023 31 July 2024 31 July 2024 SC245603 Mr Neil Walker Mrs Pam Walker true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC245603 2023-01-31 SC245603 2024-07-31 SC245603 2023-02-01 2024-07-31 SC245603 frs-core:CurrentFinancialInstruments 2024-07-31 SC245603 frs-core:ComputerEquipment 2024-07-31 SC245603 frs-core:ComputerEquipment 2023-02-01 2024-07-31 SC245603 frs-core:ComputerEquipment 2023-01-31 SC245603 frs-core:FurnitureFittings 2024-07-31 SC245603 frs-core:FurnitureFittings 2023-02-01 2024-07-31 SC245603 frs-core:FurnitureFittings 2023-01-31 SC245603 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 SC245603 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-07-31 SC245603 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-31 SC245603 frs-core:MotorVehicles 2024-07-31 SC245603 frs-core:MotorVehicles 2023-02-01 2024-07-31 SC245603 frs-core:MotorVehicles 2023-01-31 SC245603 frs-core:ShareCapital 2024-07-31 SC245603 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC245603 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-07-31 SC245603 frs-bus:FilletedAccounts 2023-02-01 2024-07-31 SC245603 frs-bus:SmallEntities 2023-02-01 2024-07-31 SC245603 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-07-31 SC245603 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-07-31 SC245603 frs-bus:OrdinaryShareClass1 2023-02-01 2024-07-31 SC245603 frs-bus:OrdinaryShareClass1 2024-07-31 SC245603 1 2023-02-01 2024-07-31 SC245603 frs-bus:Director1 2023-02-01 2024-07-31 SC245603 frs-bus:Director1 2023-01-31 SC245603 frs-bus:Director1 2024-07-31 SC245603 frs-bus:Director2 2023-02-01 2024-07-31 SC245603 frs-bus:Director2 2023-01-31 SC245603 frs-bus:Director2 2024-07-31 SC245603 1 2023-02-01 2024-07-31 SC245603 2 2023-02-01 2024-07-31 SC245603 frs-countries:Scotland 2023-02-01 2024-07-31 SC245603 2022-01-31 SC245603 2023-01-31 SC245603 2022-02-01 2023-01-31 SC245603 frs-core:CurrentFinancialInstruments 2023-01-31 SC245603 frs-core:ShareCapital 2023-01-31 SC245603 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 SC245603 frs-bus:OrdinaryShareClass1 2022-02-01 2023-01-31 SC245603 1 2022-02-01 2023-01-31 SC245603 frs-core:CurrentFinancialInstruments 1 2023-01-31 SC245603 2 2022-02-01 2023-01-31
Registered number: SC245603
Little Piggy Limited
Financial Statements
For the Period 1 February 2023 to 31 July 2024
Gillespie's
Chartered Accountants
33 Leslie Street
Blairgowrie
Perthshire
PH10 6AW
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC245603
31 July 2024 31 January 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 3,705
- 3,705
CURRENT ASSETS
Stocks 5 - 60,000
Debtors 6 26,715 20,941
Bank euro account 3,236 -
29,951 80,941
Creditors: Amounts Falling Due Within One Year 7 (33,189 ) (78,877 )
NET CURRENT ASSETS (LIABILITIES) (3,238 ) 2,064
TOTAL ASSETS LESS CURRENT LIABILITIES (3,238 ) 5,769
NET (LIABILITIES)/ASSETS (3,238 ) 5,769
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (3,240 ) 5,767
SHAREHOLDERS' FUNDS (3,238) 5,769
Page 1
Page 2
For the period ending 31 July 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 Neil Walker
Director
Mrs Pam Walker
Director
31st January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Little Piggy Limited Registered number SC245603 is a limited by shares company incorporated in Scotland. The Registered Office is Summerfield, Glenfarg, Perthshire, PH2 9QD.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Property Improvements 20% reducing balance
Office Equipment 12.5% reducing balance
Fixtures & Fittings 12.5% reducing balance
Computer Equipment 33% reducing balance
2.4. Stocks and Work in Progress
Stocks 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.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was:
31 July 2024 31 January 2023
Director 2 2
Shop staff 5 5
7 7
4. Tangible Assets
Land & Property
Property Improvements Office Equipment Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2023 7,644 155 13,380 6,602 27,781
Additions 27,760 - - 510 28,270
Disposals (35,404 ) (155 ) (13,380 ) (7,112 ) (56,051 )
As at 31 July 2024 - - - - -
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 February 2023 7,541 144 10,294 6,097 24,076
Provided during the period 5,552 - - - 5,552
Disposals (13,093 ) (144 ) (10,294 ) (6,097 ) (29,628 )
As at 31 July 2024 - - - - -
Net Book Value
As at 31 July 2024 - - - - -
As at 1 February 2023 103 11 3,086 505 3,705
5. Stocks
31 July 2024 31 January 2023
£ £
Stocks - 60,000
6. Debtors
31 July 2024 31 January 2023
£ £
Due within one year
Prepayments and accrued income - 1,187
Other debtors 25,920 8,276
PAYE credit - 29
VAT 795 608
Directors' loan accounts - 10,841
26,715 20,941
7. Creditors: Amounts Falling Due Within One Year
31 July 2024 31 January 2023
£ £
Trade creditors 2,596 8,927
Bank loans and overdrafts - 28,316
Other creditors - 39,294
Accruals and deferred income 1,950 2,340
Directors' loan accounts 28,643 -
33,189 78,877
8. Share Capital
31 July 2024 31 January 2023
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.000 each 2 2
Page 4
Page 5
9. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Neil Walker (5,420 ) (25,393 ) 45,135 - 14,321
Mrs Pam Walker (5,420 ) (25,393 ) 45,134 - 14,321
10. Ultimate Controlling Party
Mr N Walker and Mrs P Walker own 100% of the share capital and therefore have full control.
Page 5