Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 SC666441 Mr Adrian Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC666441 2023-07-31 SC666441 2024-07-31 SC666441 2023-08-01 2024-07-31 SC666441 frs-core:CurrentFinancialInstruments 2024-07-31 SC666441 frs-core:ComputerEquipment 2024-07-31 SC666441 frs-core:ComputerEquipment 2023-08-01 2024-07-31 SC666441 frs-core:ComputerEquipment 2023-07-31 SC666441 frs-core:FurnitureFittings 2023-08-01 2024-07-31 SC666441 frs-core:MotorVehicles 2024-07-31 SC666441 frs-core:MotorVehicles 2023-08-01 2024-07-31 SC666441 frs-core:MotorVehicles 2023-07-31 SC666441 frs-core:ShareCapital 2024-07-31 SC666441 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC666441 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC666441 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 SC666441 frs-bus:SmallEntities 2023-08-01 2024-07-31 SC666441 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 SC666441 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 SC666441 frs-bus:Director1 2023-08-01 2024-07-31 SC666441 frs-countries:Scotland 2023-08-01 2024-07-31 SC666441 2022-07-31 SC666441 2023-07-31 SC666441 2022-08-01 2023-07-31 SC666441 frs-core:CurrentFinancialInstruments 2023-07-31 SC666441 frs-core:ShareCapital 2023-07-31 SC666441 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: SC666441
Ugie Commercial Services Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
M Squared Accountants Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC666441
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 27,237
- 27,237
CURRENT ASSETS
Debtors 5 - 1,060
Cash at bank and in hand 26,612 4,938
26,612 5,998
Creditors: Amounts Falling Due Within One Year 6 (4,307 ) (3,593 )
NET CURRENT ASSETS (LIABILITIES) 22,305 2,405
TOTAL ASSETS LESS CURRENT LIABILITIES 22,305 29,642
NET ASSETS 22,305 29,642
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 22,303 29,640
SHAREHOLDERS' FUNDS 22,305 29,642
For the year ending 31 July 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 Adrian Wilson
Director
11/04/2025
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
Ugie Commercial Services Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC666441 . The registered office is 44 Prince Street, Peterhead, Aberdeenshire, AB42 1QE.
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. 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.
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:
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 39,989 1,597 41,586
Disposals (39,989 ) (1,597 ) (41,586 )
As at 31 July 2024 - - -
Depreciation
As at 1 August 2023 13,746 603 14,349
Disposals (13,746 ) (603 ) (14,349 )
As at 31 July 2024 - - -
Net Book Value
As at 31 July 2024 - - -
As at 1 August 2023 26,243 994 27,237
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 260
Other debtors - 800
- 1,060
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 18 -
Corporation tax - (10 )
VAT 3,260 2,625
Accruals and deferred income 1,010 951
Director's loan account 19 27
4,307 3,593
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3