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 SC366735 Mr Peter Gunning true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC366735 2023-10-31 SC366735 2024-10-31 SC366735 2023-11-01 2024-10-31 SC366735 frs-core:CurrentFinancialInstruments 2024-10-31 SC366735 frs-core:FurnitureFittings 2024-10-31 SC366735 frs-core:FurnitureFittings 2023-11-01 2024-10-31 SC366735 frs-core:FurnitureFittings 2023-10-31 SC366735 frs-core:MotorVehicles 2024-10-31 SC366735 frs-core:MotorVehicles 2023-11-01 2024-10-31 SC366735 frs-core:MotorVehicles 2023-10-31 SC366735 frs-core:PlantMachinery 2024-10-31 SC366735 frs-core:PlantMachinery 2023-11-01 2024-10-31 SC366735 frs-core:PlantMachinery 2023-10-31 SC366735 frs-core:ShareCapital 2024-10-31 SC366735 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 SC366735 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 SC366735 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 SC366735 frs-bus:SmallEntities 2023-11-01 2024-10-31 SC366735 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 SC366735 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 SC366735 frs-bus:OrdinaryShareClass1 2023-11-01 2024-10-31 SC366735 frs-bus:OrdinaryShareClass1 2024-10-31 SC366735 1 2023-11-01 2024-10-31 SC366735 frs-bus:Director1 2023-11-01 2024-10-31 SC366735 frs-bus:Director1 2023-10-31 SC366735 frs-bus:Director1 2024-10-31 SC366735 frs-countries:Scotland 2023-11-01 2024-10-31 SC366735 2022-10-31 SC366735 2023-10-31 SC366735 2022-11-01 2023-10-31 SC366735 frs-core:CurrentFinancialInstruments 2023-10-31 SC366735 frs-core:ShareCapital 2023-10-31 SC366735 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC366735 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31
Registered number: SC366735
Archid Architects Limited
Financial Statements
For The Year Ended 31 October 2024
Gillespie's
Chartered Accountants
33 Leslie Street
Blairgowrie
Perthshire
PH10 6AW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC366735
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 1,820 2,276
1,820 2,276
CURRENT ASSETS
Stocks 4 2,500 735
Debtors 5 17,396 23,728
Cash at bank and in hand 1,043 -
20,939 24,463
Creditors: Amounts Falling Due Within One Year 6 (7,489 ) (7,010 )
NET CURRENT ASSETS (LIABILITIES) 13,450 17,453
TOTAL ASSETS LESS CURRENT LIABILITIES 15,270 19,729
PROVISIONS FOR LIABILITIES
Deferred Taxation (346 ) (432 )
NET ASSETS 14,924 19,297
CAPITAL AND RESERVES
Called up share capital 7 99 99
Profit and Loss Account 14,825 19,198
SHAREHOLDERS' FUNDS 14,924 19,297
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 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 Peter Gunning
Director
13th March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 20% on reducing balance
Motor Vehicles 20% on straight line
Fixtures & Fittings 20% on reducing balance
1.4. Stocks and Work in Progress
Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
1.5. Taxation
Corporation tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
Page 3
Page 4
3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2023 10,668 11,500 1,407 23,575
As at 31 October 2024 10,668 11,500 1,407 23,575
Depreciation
As at 1 November 2023 8,837 11,500 962 21,299
Provided during the period 367 - 89 456
As at 31 October 2024 9,204 11,500 1,051 21,755
Net Book Value
As at 31 October 2024 1,464 - 356 1,820
As at 1 November 2023 1,831 - 445 2,276
4. Stocks
2024 2023
£ £
Work in progress 2,500 735
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 781 624
Social security and other tax - 5
Director's loan account 16,615 23,099
17,396 23,728
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts - 1,125
Corporation tax 5,157 4,127
Social security and other tax 527 -
Accrued expenses 1,805 1,758
7,489 7,010
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
99 Ordinary Shares of £ 1 each 99 99
Page 4
Page 5
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2023 Amounts advanced Amounts repaid Amounts written off As at 31 October 2024
£ £ £ £ £
Mr Peter Gunning 23,099 1,277 7,761 - -
This loan was repaid within 9 months of the year end.
Dividends paid to directors
2024 2023
£ £
Mr Peter Gunning 25,988 22,307
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Peter Gunning by virtue of his ownership of 100% of the issued share capital in the company.
Page 5