Acorah Software Products - Accounts Production 16.2.850 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 SC368119 Mr A F Ritchie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC368119 2023-11-30 SC368119 2024-11-30 SC368119 2023-12-01 2024-11-30 SC368119 frs-core:CurrentFinancialInstruments 2024-11-30 SC368119 frs-core:ComputerEquipment 2024-11-30 SC368119 frs-core:ComputerEquipment 2023-12-01 2024-11-30 SC368119 frs-core:ComputerEquipment 2023-11-30 SC368119 frs-core:NetGoodwill 2024-11-30 SC368119 frs-core:NetGoodwill 2023-12-01 2024-11-30 SC368119 frs-core:NetGoodwill 2023-11-30 SC368119 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 SC368119 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC368119 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 SC368119 frs-core:MotorVehicles 2024-11-30 SC368119 frs-core:MotorVehicles 2023-12-01 2024-11-30 SC368119 frs-core:MotorVehicles 2023-11-30 SC368119 frs-core:PlantMachinery 2024-11-30 SC368119 frs-core:PlantMachinery 2023-12-01 2024-11-30 SC368119 frs-core:PlantMachinery 2023-11-30 SC368119 frs-core:ShareCapital 2024-11-30 SC368119 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 SC368119 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 SC368119 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 SC368119 frs-bus:SmallEntities 2023-12-01 2024-11-30 SC368119 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 SC368119 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 SC368119 frs-bus:Director1 2023-12-01 2024-11-30 SC368119 frs-countries:Scotland 2023-12-01 2024-11-30 SC368119 2022-11-30 SC368119 2023-11-30 SC368119 2022-12-01 2023-11-30 SC368119 frs-core:CurrentFinancialInstruments 2023-11-30 SC368119 frs-core:ShareCapital 2023-11-30 SC368119 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: SC368119
The Moorie Boarding Kennels Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Axiom Business Consultancy Limited
Chartered Certified Accountants
Montgoldrum Farm
Arbuthnott
Laurencekirk
Aberdeenshire
AB30 1LS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: SC368119
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 9,875 11,850
Tangible Assets 5 398,360 347,477
408,235 359,327
CURRENT ASSETS
Stocks 6 7,643 2,109
Debtors 7 60,474 4,970
Cash at bank and in hand 140,974 78,107
209,091 85,186
Creditors: Amounts Falling Due Within One Year 8 (253,881 ) (208,171 )
NET CURRENT ASSETS (LIABILITIES) (44,790 ) (122,985 )
TOTAL ASSETS LESS CURRENT LIABILITIES 363,445 236,342
NET ASSETS 363,445 236,342
CAPITAL AND RESERVES
Called up share capital 9 110 110
Profit and Loss Account 363,335 236,232
SHAREHOLDERS' FUNDS 363,445 236,342
For the year ending 30 November 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 A F Ritchie
Director
21/04/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Moorie Boarding Kennels Limited is a private company, limited by shares, incorporated in Scotland, registered number SC368119 . The registered office is The Moorie Lochside, St Cyrus, Montrose, Angus, DD10 0DR.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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:
Freehold 4% Straight line
Plant & Machinery 20 Straight line
Motor Vehicles 20 Straight line
Computer Equipment 25% Straight line
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. 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
Page 2
Page 3
2.6. 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 year, 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2023: 8)
17 8
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2023 39,500
As at 30 November 2024 39,500
Amortisation
As at 1 December 2023 27,650
Provided during the period 1,975
As at 30 November 2024 29,625
Net Book Value
As at 30 November 2024 9,875
As at 1 December 2023 11,850
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 329,217 253,864 66,510 1,146 650,737
Additions 31,184 68,070 12,998 - 112,252
As at 30 November 2024 360,401 321,934 79,508 1,146 762,989
Depreciation
As at 1 December 2023 121,970 147,076 33,300 914 303,260
Provided during the period 14,415 34,927 11,912 115 61,369
As at 30 November 2024 136,385 182,003 45,212 1,029 364,629
Net Book Value
As at 30 November 2024 224,016 139,931 34,296 117 398,360
As at 1 December 2023 207,247 106,788 33,210 232 347,477
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Page 4
6. Stocks
2024 2023
£ £
Finished goods 7,643 2,109
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 55,106 489
Other debtors 5,368 4,481
60,474 4,970
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 16,505 7,692
Other creditors 139,742 148,958
Taxation and social security 97,634 51,521
253,881 208,171
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 110 110
Page 4