Acorah Software Products - Accounts Production 16.2.850 false true 29 February 2024 1 March 2023 false 1 March 2024 24 March 2025 24 March 2025 SC722944 Mr David Thomson Mrs Donna Thomson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC722944 2024-02-29 SC722944 2025-03-24 SC722944 2024-03-01 2025-03-24 SC722944 frs-core:CurrentFinancialInstruments 2025-03-24 SC722944 frs-core:Non-currentFinancialInstruments 2025-03-24 SC722944 frs-core:ComputerEquipment 2025-03-24 SC722944 frs-core:ComputerEquipment 2024-03-01 2025-03-24 SC722944 frs-core:ComputerEquipment 2024-02-29 SC722944 frs-core:FurnitureFittings 2025-03-24 SC722944 frs-core:FurnitureFittings 2024-03-01 2025-03-24 SC722944 frs-core:FurnitureFittings 2024-02-29 SC722944 frs-core:MotorVehicles 2025-03-24 SC722944 frs-core:MotorVehicles 2024-03-01 2025-03-24 SC722944 frs-core:MotorVehicles 2024-02-29 SC722944 frs-core:PlantMachinery 2025-03-24 SC722944 frs-core:PlantMachinery 2024-03-01 2025-03-24 SC722944 frs-core:PlantMachinery 2024-02-29 SC722944 frs-core:ShareCapital 2025-03-24 SC722944 frs-core:RetainedEarningsAccumulatedLosses 2025-03-24 SC722944 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-03-24 SC722944 frs-bus:FilletedAccounts 2024-03-01 2025-03-24 SC722944 frs-bus:SmallEntities 2024-03-01 2025-03-24 SC722944 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-03-24 SC722944 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-03-24 SC722944 frs-bus:Director1 2024-03-01 2025-03-24 SC722944 frs-bus:Director1 2024-02-29 SC722944 frs-bus:Director1 2025-03-24 SC722944 frs-bus:Director2 2024-03-01 2025-03-24 SC722944 frs-countries:Scotland 2024-03-01 2025-03-24 SC722944 2023-02-28 SC722944 2024-02-29 SC722944 2023-03-01 2024-02-29 SC722944 frs-core:CurrentFinancialInstruments 2024-02-29 SC722944 frs-core:Non-currentFinancialInstruments 2024-02-29 SC722944 frs-core:ShareCapital 2024-02-29 SC722944 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC722944 frs-core:ProvisionsDeferredTax 2024-02-29 SC722944 frs-core:CurrentFinancialInstruments 2 2024-02-29
Registered number: SC722944
D F Thomson Limited
Unaudited Financial Statements
For the Period 1 March 2024 to 24 March 2025
Sutherland Black
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC722944
24 March 2025 29 February 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 - 57,278
- 57,278
CURRENT ASSETS
Debtors 4 220,379 1,192
Cash at bank and in hand - 99,980
220,379 101,172
Creditors: Amounts Falling Due Within One Year 5 - (29,981 )
NET CURRENT ASSETS (LIABILITIES) 220,379 71,191
TOTAL ASSETS LESS CURRENT LIABILITIES 220,379 128,469
Creditors: Amounts Falling Due After More Than One Year 6 - (2,896 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 - (10,882 )
NET ASSETS 220,379 114,691
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 220,279 114,591
SHAREHOLDERS' FUNDS 220,379 114,691
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For the period ending 24 March 2025 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
Mr David Thomson
Director
28/03/2025
The notes on pages 3 to 6 form part of these financial statements.
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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 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.
1.3. 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% On cost
Motor Vehicles 25% On cost
Fixtures & Fittings 25% On cost
Computer Equipment 33.33% On cost
1.4. Taxation
Income 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 years 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.
...CONTINUED
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1.4. Taxation - continued
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 reflect 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 and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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 as follows: 2 (2024: 2)
2 2
3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2024 16,500 70,350 152 2,551 89,553
Additions - 43,261 - - 43,261
Disposals (16,500 ) (113,611 ) (152 ) (2,551 ) (132,814 )
As at 24 March 2025 - - - - -
Depreciation
As at 1 March 2024 4,125 26,412 38 1,700 32,275
Provided during the period - - 32 709 741
Disposals (4,125 ) (26,412 ) (70 ) (2,409 ) (33,016 )
As at 24 March 2025 - - - - -
Net Book Value
As at 24 March 2025 - - - - -
As at 1 March 2024 12,375 43,938 114 851 57,278
4. Debtors
24 March 2025 29 February 2024
£ £
Due within one year
Prepayments and accrued income - 1,192
Directors' loan accounts 220,379 -
220,379 1,192
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5. Creditors: Amounts Falling Due Within One Year
24 March 2025 29 February 2024
£ £
Corporation tax - 14,495
VAT - 9,458
Income received in advance - 1,998
Accruals and deferred income - 1,961
Directors' loan accounts - 2,069
- 29,981
6. Creditors: Amounts Falling Due After More Than One Year
24 March 2025 29 February 2024
£ £
Income received in advance > 1 year - 2,896
- 2,896
7. Deferred Taxation
The provision for deferred tax is made up as follows:
24 March 2025 29 February 2024
£ £
Deferred Tax - 10,882
8. Share Capital
24 March 2025 29 February 2024
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 March 2024 Amounts advanced Amounts repaid Amounts written off As at 24 March 2025
£ £ £ £ £
Mr David Thomson - - - - 220,379
The above loan is unsecured, interest free and repayable on demand.
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10. General Information
D F Thomson Limited is a private company, limited by shares, incorporated in Scotland, registered number SC722944 . The registered office is Deans Industrial Estate 5a Caputhall Rd, Deans, Livingston, West Lothian, EH54 8AS.
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