Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 SC548663 Mrs Margaret Watters Mr Graham Watters iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC548663 2023-10-31 SC548663 2024-10-31 SC548663 2023-11-01 2024-10-31 SC548663 frs-core:CurrentFinancialInstruments 2024-10-31 SC548663 frs-core:Non-currentFinancialInstruments 2024-10-31 SC548663 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 SC548663 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 SC548663 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 SC548663 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 SC548663 frs-core:PlantMachinery 2024-10-31 SC548663 frs-core:PlantMachinery 2023-11-01 2024-10-31 SC548663 frs-core:PlantMachinery 2023-10-31 SC548663 frs-core:ShareCapital 2024-10-31 SC548663 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 SC548663 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 SC548663 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 SC548663 frs-bus:SmallEntities 2023-11-01 2024-10-31 SC548663 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 SC548663 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 SC548663 frs-bus:Director1 2023-11-01 2024-10-31 SC548663 frs-bus:Director2 2023-11-01 2024-10-31 SC548663 frs-countries:Scotland 2023-11-01 2024-10-31 SC548663 2022-10-31 SC548663 2023-10-31 SC548663 2022-11-01 2023-10-31 SC548663 frs-core:CurrentFinancialInstruments 2023-10-31 SC548663 frs-core:Non-currentFinancialInstruments 2023-10-31 SC548663 frs-core:ShareCapital 2023-10-31 SC548663 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: SC548663
Atex Design Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Paul Kenny Ltd
Cavers Garden Farm
Hawick
TD9 8LN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC548663
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,000,804 775,304
1,000,804 775,304
CURRENT ASSETS
Debtors 5 109,596 99,572
Cash at bank and in hand 932 1,092
110,528 100,664
Creditors: Amounts Falling Due Within One Year 6 (1,111,241 ) (2,497 )
NET CURRENT ASSETS (LIABILITIES) (1,000,713 ) 98,167
TOTAL ASSETS LESS CURRENT LIABILITIES 91 873,471
Creditors: Amounts Falling Due After More Than One Year 7 - (865,144 )
NET ASSETS 91 8,327
CAPITAL AND RESERVES
Called up share capital 8 350 350
Profit and Loss Account (259 ) 7,977
SHAREHOLDERS' FUNDS 91 8,327
Page 1
Page 2
For the year ending 31 October 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 Graham Watters
Director
18/02/2025
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
Atex Design Limited is a private company, limited by shares, incorporated in Scotland, registered number SC548663 . The registered office is 1 Castle Road, Bankside Industrial Estate, Falkirk, FK2 7UY.
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 0
Leasehold 0
Plant & Machinery 33%
3. Average Number of Employees
2Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 November 2023 770,304 7,500 777,804
Additions 228,000 - 228,000
As at 31 October 2024 998,304 7,500 1,005,804
Depreciation
As at 1 November 2023 - 2,500 2,500
Provided during the period - 2,500 2,500
As at 31 October 2024 - 5,000 5,000
Net Book Value
As at 31 October 2024 998,304 2,500 1,000,804
As at 1 November 2023 770,304 5,000 775,304
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 109,596 -
Due after more than one year
Trade debtors - 99,572
109,596 99,572
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,200 2,497
Other loans 1,110,041 -
1,111,241 2,497
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors - 865,144
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 350 350
Page 4