Acorah Software Products - Accounts Production 16.1.300 false true false 25 May 2023 31 May 2024 31 May 2024 SC770673 Mr Charles Duncan Miss Kendal Korhonen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC770673 2023-05-24 SC770673 2024-05-31 SC770673 2023-05-25 2024-05-31 SC770673 frs-core:CurrentFinancialInstruments 2024-05-31 SC770673 frs-core:Non-currentFinancialInstruments 2024-05-31 SC770673 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 SC770673 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-25 2024-05-31 SC770673 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-24 SC770673 frs-core:ShareCapital 2024-05-31 SC770673 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 SC770673 frs-bus:PrivateLimitedCompanyLtd 2023-05-25 2024-05-31 SC770673 frs-bus:FilletedAccounts 2023-05-25 2024-05-31 SC770673 frs-bus:SmallEntities 2023-05-25 2024-05-31 SC770673 frs-bus:AuditExempt-NoAccountantsReport 2023-05-25 2024-05-31 SC770673 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-25 2024-05-31 SC770673 frs-bus:Director1 2023-05-25 2024-05-31 SC770673 frs-bus:Director2 2023-05-25 2024-05-31 SC770673 frs-countries:Scotland 2023-05-25 2024-05-31
Registered number: SC770673
C Duncan Properties Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC770673
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 63,000
63,000
CURRENT ASSETS
Debtors 5 100
Cash at bank and in hand 27,861
27,961
Creditors: Amounts Falling Due Within One Year 6 (45,214 )
NET CURRENT ASSETS (LIABILITIES) (17,253 )
TOTAL ASSETS LESS CURRENT LIABILITIES 45,747
Creditors: Amounts Falling Due After More Than One Year 7 (69,793 )
NET LIABILITIES (24,046 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (24,146 )
SHAREHOLDERS' FUNDS (24,046)
Page 1
Page 2
For the year ending 31 May 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 Charles Duncan
Director
17 February 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
C Duncan Properties Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC770673 . The registered office is T O C Accountants Ltd, 73, Dunnikier Road, Kirkcaldy, Fife, KY1 2RL.
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 No depreciation
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
-
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 25 May 2023 -
Additions 63,000
As at 31 May 2024 63,000
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 May 2024 63,000
As at 25 May 2023 -
5. Debtors
2024
£
Due within one year
Other debtors 100
6. Creditors: Amounts Falling Due Within One Year
2024
£
Other creditors 45,214
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Bank loans 69,793
8. Share Capital
2024
£
Called Up Share Capital not Paid 100
Amount of Allotted, Called Up Share Capital 100
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