Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 SC632313 Mr Scott Purdie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC632313 2023-06-30 SC632313 2024-06-30 SC632313 2023-07-01 2024-06-30 SC632313 frs-core:CurrentFinancialInstruments 2024-06-30 SC632313 frs-core:Non-currentFinancialInstruments 2024-06-30 SC632313 frs-core:ComputerEquipment 2024-06-30 SC632313 frs-core:ComputerEquipment 2023-07-01 2024-06-30 SC632313 frs-core:ComputerEquipment 2023-06-30 SC632313 frs-core:FurnitureFittings 2024-06-30 SC632313 frs-core:FurnitureFittings 2023-07-01 2024-06-30 SC632313 frs-core:FurnitureFittings 2023-06-30 SC632313 frs-core:NetGoodwill 2024-06-30 SC632313 frs-core:NetGoodwill 2023-07-01 2024-06-30 SC632313 frs-core:NetGoodwill 2023-06-30 SC632313 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 SC632313 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC632313 frs-core:MotorVehicles 2023-07-01 2024-06-30 SC632313 frs-core:PlantMachinery 2024-06-30 SC632313 frs-core:PlantMachinery 2023-07-01 2024-06-30 SC632313 frs-core:PlantMachinery 2023-06-30 SC632313 frs-core:ShareCapital 2024-06-30 SC632313 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC632313 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC632313 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 SC632313 frs-bus:SmallEntities 2023-07-01 2024-06-30 SC632313 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC632313 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 SC632313 frs-bus:Director1 2023-07-01 2024-06-30 SC632313 frs-countries:Scotland 2023-07-01 2024-06-30 SC632313 2022-06-30 SC632313 2023-06-30 SC632313 2022-07-01 2023-06-30 SC632313 frs-core:CurrentFinancialInstruments 2023-06-30 SC632313 frs-core:Non-currentFinancialInstruments 2023-06-30 SC632313 frs-core:ShareCapital 2023-06-30 SC632313 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: SC632313
Auto Attune Ltd
Financial Statements
For The Year Ended 30 June 2024
Murray Accountancy & Tax Services Ltd
Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC632313
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 30,492 30,492
Tangible Assets 5 29,915 39,332
60,407 69,824
CURRENT ASSETS
Stocks 6 27,777 16,647
Cash at bank and in hand 5,047 3,059
32,824 19,706
Creditors: Amounts Falling Due Within One Year 7 (80,167 ) (63,913 )
NET CURRENT ASSETS (LIABILITIES) (47,343 ) (44,207 )
TOTAL ASSETS LESS CURRENT LIABILITIES 13,064 25,617
Creditors: Amounts Falling Due After More Than One Year 8 (23,148 ) (27,919 )
NET LIABILITIES (10,084 ) (2,302 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (10,184 ) (2,402 )
SHAREHOLDERS' FUNDS (10,084) (2,302)
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For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Scott Purdie
Director
29/01/2025
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
Auto Attune Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC632313 . The registered office is 2 Earls View, Milngavie, Glasgow, G62 7SE.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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 10% WDV
Motor Vehicles 0%
Fixtures & Fittings 25% WDV
Computer Equipment 25% WDV
2.5. 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: 1 (2023: 1)
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4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 30,492
As at 30 June 2024 30,492
Net Book Value
As at 30 June 2024 30,492
As at 1 July 2023 30,492
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 56,631 1,912 3,188 61,731
Additions - 556 - 556
As at 30 June 2024 56,631 2,468 3,188 62,287
Depreciation
As at 1 July 2023 19,169 1,232 1,998 22,399
Provided during the period 9,366 309 298 9,973
As at 30 June 2024 28,535 1,541 2,296 32,372
Net Book Value
As at 30 June 2024 28,096 927 892 29,915
As at 1 July 2023 37,462 680 1,190 39,332
6. Stocks
2024 2023
£ £
Stock - materials etc 27,777 16,647
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 7,500 7,500
RBS Loan - 3,280
VAT 875 11,991
Director's loan account 71,792 41,142
80,167 63,913
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
BBL > 1 Yr 23,148 27,919
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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