Acorah Software Products - Accounts Production 16.1.300 false true false 19 June 2023 30 June 2024 30 June 2024 SC773003 Ms P Ferguson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC773003 2023-06-18 SC773003 2024-06-30 SC773003 2023-06-19 2024-06-30 SC773003 frs-core:ShareCapital 2024-06-30 SC773003 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC773003 frs-bus:PrivateLimitedCompanyLtd 2023-06-19 2024-06-30 SC773003 frs-bus:FilletedAccounts 2023-06-19 2024-06-30 SC773003 frs-bus:SmallEntities 2023-06-19 2024-06-30 SC773003 frs-bus:AuditExempt-NoAccountantsReport 2023-06-19 2024-06-30 SC773003 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-19 2024-06-30 SC773003 frs-bus:Director1 2023-06-19 2024-06-30 SC773003 frs-countries:Scotland 2023-06-19 2024-06-30
Registered number: SC773003
PECAA UK LTD
Unaudited Financial Statements
For the Period 19 June 2023 to 30 June 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC773003
30 June 2024
Notes £ £
FIXED ASSETS
Investment Properties 4 722,225
722,225
CURRENT ASSETS
Debtors 5 150
Cash at bank and in hand 902
1,052
Creditors: Amounts Falling Due Within One Year 6 (723,125 )
NET CURRENT ASSETS (LIABILITIES) (722,073 )
TOTAL ASSETS LESS CURRENT LIABILITIES 152
NET ASSETS 152
CAPITAL AND RESERVES
Called up share capital 7 150
Profit and Loss Account 2
SHAREHOLDERS' FUNDS 152
For the period 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 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
Ms P Ferguson
Director
15/03/2025
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
PECAA UK LTD is a private company, limited by shares, incorporated in Scotland, registered number SC773003 . The registered office is 1 North Gyle Farm Court, Edinburgh, Scotland, EH12 8LQ.
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.The fair value of consideration takes into account trade discounts. Turnover is recognised on the accruals basis.
2.3. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
2.4. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other. Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans and loans from fellow group companies are recognised at transaction price.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2.5. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include deposits held at call with banks.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Investment Property
30 June 2024
£
Fair Value
As at 19 June 2023 -
Additions 722,225
As at 30 June 2024 722,225
5. Debtors
30 June 2024
£
Due within one year
Other debtors 150
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
30 June 2024
£
Other creditors 723,125
7. Share Capital
30 June 2024
£
Allotted, Called up and fully paid 150
Page 3