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 SC563233 Mr Siddhartha Chirumamilla Mr Aditya Atluri PJ Glenrothes Ltd (Co No: 10688196) true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC563233 2023-04-30 SC563233 2024-04-30 SC563233 2023-05-01 2024-04-30 SC563233 frs-core:Non-currentFinancialInstruments 2024-04-30 SC563233 frs-core:FurnitureFittings 2023-05-01 2024-04-30 SC563233 frs-core:PlantMachinery 2023-05-01 2024-04-30 SC563233 frs-core:ShareCapital 2024-04-30 SC563233 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC563233 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC563233 frs-bus:AbridgedAccounts 2023-05-01 2024-04-30 SC563233 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC563233 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC563233 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC563233 1 2023-05-01 2024-04-30 SC563233 frs-bus:Director1 2023-05-01 2024-04-30 SC563233 frs-bus:Director2 2023-05-01 2024-04-30 SC563233 frs-countries:Scotland 2023-05-01 2024-04-30 SC563233 2022-04-30 SC563233 2023-04-30 SC563233 2022-05-01 2023-04-30 SC563233 frs-core:Non-currentFinancialInstruments 2023-04-30 SC563233 frs-core:ShareCapital 2023-04-30 SC563233 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: SC563233
PJ Scotland Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 April 2024
Astute Accountants & Tax Consultants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: SC563233
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 23,076 23,340
23,076 23,340
CURRENT ASSETS
Stocks 4,150 4,250
Debtors 5 99,408 111,698
Cash at bank and in hand 10,037 5,797
113,595 121,745
Creditors: Amounts Falling Due Within One Year (41,699 ) (36,942 )
NET CURRENT ASSETS (LIABILITIES) 71,896 84,803
TOTAL ASSETS LESS CURRENT LIABILITIES 94,972 108,143
Creditors: Amounts Falling Due After More Than One Year (36,721 ) (55,700 )
NET ASSETS 58,251 52,443
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 58,151 52,343
SHAREHOLDERS' FUNDS 58,251 52,443
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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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 April 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Siddhartha Chirumamilla
Director
30 January 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
PJ Scotland Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC563233 . The registered office is Unit 6 Newbridge Retail Park, Glenwood Centre, Glenrothes, KY6 1PE.
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 20% reducing balance
Fixtures & Fittings 20% reducing balance
2.4. 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: 15 (2023: 18)
15 18
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4. Tangible Assets
Total
£
Cost
As at 1 May 2023 72,248
Additions 5,505
As at 30 April 2024 77,753
Depreciation
As at 1 May 2023 48,908
Provided during the period 5,769
As at 30 April 2024 54,677
Net Book Value
As at 30 April 2024 23,076
As at 1 May 2023 23,340
5. Debtors
2024 2023
£ £
Due after more than one year
Amounts owed by group undertakings 36,800 43,200
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Ultimate Controlling Party
The company's ultimate controlling party is PJ Glenrothes Ltd (Co No: 10688196) by virtue of his ownership of 100% of the issued share capital in the company.
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