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 SC582818 Mrs Harriet Hunter Mr Jonathan Hunter Mrs Harriet Hunter true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC582818 2023-10-31 SC582818 2024-10-31 SC582818 2023-11-01 2024-10-31 SC582818 frs-core:CurrentFinancialInstruments 2024-10-31 SC582818 frs-core:ComputerEquipment 2024-10-31 SC582818 frs-core:ComputerEquipment 2023-11-01 2024-10-31 SC582818 frs-core:ComputerEquipment 2023-10-31 SC582818 frs-core:ShareCapital 2024-10-31 SC582818 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 SC582818 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 SC582818 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 SC582818 frs-bus:SmallEntities 2023-11-01 2024-10-31 SC582818 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 SC582818 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 SC582818 1 2023-11-01 2024-10-31 SC582818 frs-bus:Director1 2023-11-01 2024-10-31 SC582818 frs-bus:Director2 2023-11-01 2024-10-31 SC582818 frs-countries:Scotland 2023-11-01 2024-10-31 SC582818 2022-10-31 SC582818 2023-10-31 SC582818 2022-11-01 2023-10-31 SC582818 frs-core:CurrentFinancialInstruments 2023-10-31 SC582818 frs-core:ShareCapital 2023-10-31 SC582818 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: SC582818
Expanding Perspectives Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Rosslyn Associates Ltd
Chartered Tax Advisers & Accountants
The Walled Garden
South Building
Bush Estate
Midlothian
EH26 0SD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC582818
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 - 2,913
Debtors 6 850 9,335
Cash at bank and in hand 41,219 44,507
42,069 56,755
Creditors: Amounts Falling Due Within One Year 7 (1,579 ) (1,812 )
NET CURRENT ASSETS (LIABILITIES) 40,490 54,943
TOTAL ASSETS LESS CURRENT LIABILITIES 40,490 54,943
NET ASSETS 40,490 54,943
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 40,489 54,942
SHAREHOLDERS' FUNDS 40,490 54,943
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
Mrs Harriet Hunter
Director
04/03/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Expanding Perspectives Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC582818 . The registered office is 24 Lothian Terrace, Newtongrange, Dalkeith, Midlothian, EH22 4QL.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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:
Computer Equipment 33% straight line
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.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2023 1,142
As at 31 October 2024 1,142
Depreciation
As at 1 November 2023 1,142
As at 31 October 2024 1,142
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 -
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Page 3
5. Stocks
2024 2023
£ £
Work in progress - 2,913
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 850 -
Other debtors - 9,335
850 9,335
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1,579 1,812
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Related Party Transactions
The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.
10. Ultimate Controlling Party
The company's ultimate controlling party is Mrs Harriet Hunter by virtue of her ownership of 100% of the issued share capital in the company.
Page 3