Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 SC294235 Miss Doreen Beaton Doreen Beaton true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC294235 2024-01-31 SC294235 2025-01-31 SC294235 2024-02-01 2025-01-31 SC294235 frs-core:CurrentFinancialInstruments 2025-01-31 SC294235 frs-core:FurnitureFittings 2025-01-31 SC294235 frs-core:FurnitureFittings 2024-02-01 2025-01-31 SC294235 frs-core:FurnitureFittings 2024-01-31 SC294235 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 SC294235 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 SC294235 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 SC294235 frs-core:ShareCapital 2025-01-31 SC294235 frs-core:RetainedEarningsAccumulatedLosses 2024-02-01 2025-01-31 SC294235 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 SC294235 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC294235 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 SC294235 frs-bus:SmallEntities 2024-02-01 2025-01-31 SC294235 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC294235 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 SC294235 1 2024-02-01 2025-01-31 SC294235 frs-bus:Director1 2024-02-01 2025-01-31 SC294235 frs-bus:Director1 2024-01-31 SC294235 frs-bus:Director1 2025-01-31 SC294235 frs-core:CurrentFinancialInstruments 1 2025-01-31 SC294235 frs-countries:Scotland 2024-02-01 2025-01-31 SC294235 2023-01-31 SC294235 2024-01-31 SC294235 2023-02-01 2024-01-31 SC294235 frs-core:CurrentFinancialInstruments 2024-01-31 SC294235 frs-core:ShareCapital 2023-01-31 SC294235 frs-core:ShareCapital 2024-01-31 SC294235 frs-core:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 SC294235 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-01-31 SC294235 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 SC294235 frs-core:CurrentFinancialInstruments 1 2024-01-31
Registered number: SC294235
Glencrest Care Limited
Financial Statements
For The Year Ended 31 January 2025
Gillespie's
Chartered Accountants
33 Leslie Street
Blairgowrie
Perthshire
PH10 6AW
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: SC294235
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 - 93,122
- 93,122
CURRENT ASSETS
Debtors 4 117,121 -
Cash at bank and in hand - 978
117,121 978
Creditors: Amounts Falling Due Within One Year 5 (146,335 ) (158,763 )
NET CURRENT ASSETS (LIABILITIES) (29,214 ) (157,785 )
TOTAL ASSETS LESS CURRENT LIABILITIES (29,214 ) (64,663 )
NET LIABILITIES (29,214 ) (64,663 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (29,215 ) (64,664 )
SHAREHOLDERS' FUNDS (29,214) (64,663)
Page 1
Page 2
For the year ending 31 January 2025 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 director acknowledges her 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
Miss Doreen Beaton
Director
31st January 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 February 2023 1 (68,020 ) (68,019)
Profit for the year and total comprehensive income - 3,356 3,356
As at 31 January 2024 and 1 February 2024 1 (64,664 ) (64,663)
Profit for the year and total comprehensive income - 35,449 35,449
As at 31 January 2025 1 (29,215 ) (29,214)
Page 3
Page 4
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover represented rental income received on the property owned by the company.  This ceased Oct 2023 when the Director died.
1.3. 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 no depreciation charge
Fixtures & Fittings 15% Reducing balance
1.4. Taxation
Corporation 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 year 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 asset reflects 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.
1.5. 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.
2. Average Number of Employees
No remuneration was paid to the Director during this year or the previous year.
2025 2024
Office and administration 1 1
1 1
Page 4
Page 5
3. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 February 2024 92,334 2,000 94,334
Additions 2,589 - 2,589
Disposals (94,923 ) (2,000 ) (96,923 )
As at 31 January 2025 - - -
Depreciation
As at 1 February 2024 - 1,212 1,212
Disposals - (1,212 ) (1,212 )
As at 31 January 2025 - - -
Net Book Value
As at 31 January 2025 - - -
As at 1 February 2024 92,334 788 93,122
4. Debtors
2025 2024
£ £
Due within one year
Director's loan account 117,121 -
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other loans - 9,402
Corporation tax 47 1,433
Other creditors - 500
Debt due to Estate of the late Margaret Beaton 145,328 -
Accruals and deferred income 960 2,100
Director's loan account - 145,328
146,335 158,763
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5
Page 6
7. Directors Advances, Credits and Guarantees
Included within Debtors is the following loan to the director:
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Miss Doreen Beaton - 12,086 129,207 - (117,121 )
The above loan will be offset by the amount due to the Estate of the late Mrs Margaret Beaton as Doreen Beaton is the sole beneficiary.
8. Ultimate Controlling Party
The company's ultimate controlling party was Doreen Beaton by virtue of her ownership of 100% of the issued share capital in the company.
Page 6