Acorah Software Products - Accounts Production 16.1.300 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 SC722528 Alison Foster iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC722528 2023-02-28 SC722528 2024-02-29 SC722528 2023-03-01 2024-02-29 SC722528 frs-core:CurrentFinancialInstruments 2024-02-29 SC722528 frs-core:Non-currentFinancialInstruments 2024-02-29 SC722528 frs-core:BetweenOneFiveYears 2024-02-29 SC722528 frs-core:MotorVehicles 2024-02-29 SC722528 frs-core:MotorVehicles 2023-03-01 2024-02-29 SC722528 frs-core:MotorVehicles 2023-02-28 SC722528 frs-core:PlantMachinery 2024-02-29 SC722528 frs-core:PlantMachinery 2023-03-01 2024-02-29 SC722528 frs-core:PlantMachinery 2023-02-28 SC722528 frs-core:WithinOneYear 2024-02-29 SC722528 frs-core:ShareCapital 2024-02-29 SC722528 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC722528 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC722528 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 SC722528 frs-bus:SmallEntities 2023-03-01 2024-02-29 SC722528 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC722528 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC722528 frs-bus:Director1 2023-03-01 2024-02-29 SC722528 frs-countries:Scotland 2023-03-01 2024-02-29 SC722528 2022-02-28 SC722528 2023-02-28 SC722528 2022-03-01 2023-02-28 SC722528 frs-core:CurrentFinancialInstruments 2023-02-28 SC722528 frs-core:Non-currentFinancialInstruments 2023-02-28 SC722528 frs-core:BetweenOneFiveYears 2023-02-28 SC722528 frs-core:WithinOneYear 2023-02-28 SC722528 frs-core:ShareCapital 2023-02-28 SC722528 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: SC722528
C Foster Plant Hire Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
14 Newton Place
Gallone And Co.
Glasgow
G3 7PY
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: SC722528
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 191,747 -
191,747 -
CURRENT ASSETS
Debtors 5 8,515 -
Cash at bank and in hand 8,551 2
17,066 2
Creditors: Amounts Falling Due Within One Year 6 (231,019 ) -
NET CURRENT ASSETS (LIABILITIES) (213,953 ) 2
TOTAL ASSETS LESS CURRENT LIABILITIES (22,206 ) 2
Creditors: Amounts Falling Due After More Than One Year 7 (71,421 ) -
NET (LIABILITIES)/ASSETS (93,627 ) 2
CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement (93,629 ) -
SHAREHOLDERS' FUNDS (93,627) 2
Page 1
Page 2
For the year ending 29 February 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 Income Statement.
On behalf of the board
Alison Foster
Director
20/03/2025
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 Foster Plant Hire Limited is a private company, limited by shares, incorporated in Scotland, registered number SC722528 . The registered office is Farmhouse, Pathhead, Dunbar, East Lothian, EH42 1RN.
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.
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:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 March 2023 - - -
Additions 158,500 97,163 255,663
As at 29 February 2024 158,500 97,163 255,663
Depreciation
As at 1 March 2023 - - -
Provided during the period 39,625 24,291 63,916
As at 29 February 2024 39,625 24,291 63,916
Net Book Value
As at 29 February 2024 118,875 72,872 191,747
As at 1 March 2023 - - -
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 673 -
Other debtors 7,842 -
8,515 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 22,570 -
Trade creditors 24,419 -
Other creditors 184,030 -
231,019 -
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 71,421 -
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 22,570 -
Later than one year and not later than five years 71,421 -
93,991 -
93,991 -
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4