1 August 2023 false No description of principal activity Taxfiler 2024.6 SC305880business:PrivateLimitedCompanyLtd2023-08-012024-07-31 SC3058802023-07-31 SC3058802023-08-012024-07-31 SC305880business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 SC305880business:FilletedAccounts2023-08-012024-07-31 SC3058802024-07-31 SC305880business:Director12023-08-012024-07-31 SC305880business:RegisteredOffice2023-08-012024-07-31 SC3058802023-07-31 SC305880core:WithinOneYear2024-07-31 SC305880core:WithinOneYear2023-07-31 SC305880core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 SC305880core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 SC305880core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 SC305880core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 SC305880core:PreviouslyStatedAmount2024-07-31 SC305880core:PreviouslyStatedAmount2023-07-31 SC305880business:SmallEntities2023-08-012024-07-31 SC305880countries:Scotland2023-08-012024-07-31 SC305880core:ComputerEquipment2023-08-012024-07-31 SC305880core:ComputerEquipment2023-07-31 SC305880core:ComputerEquipment2024-07-31 SC3058802022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC305880 (Scotland)
OLIVE TOAST SOFTWARE LTD Unaudited accounts for the year ended 31 July 2024
OLIVE TOAST SOFTWARE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
OLIVE TOAST SOFTWARE LTD Company Information for the year ended 31 July 2024
Director
Robert Hamish Allan
Company Number
SC305880 (Scotland)
Registered Office
2F3 7 HILLSIDE CRESCENT EDINBURGH EH7 5DY SCOTLAND
Accountants
Lacey Accounting 34 South Chesters Medway Bonnyrigg EH19 3GG
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OLIVE TOAST SOFTWARE LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,817 
3,399 
Current assets
Cash at bank and in hand
33,710 
36,648 
Creditors: amounts falling due within one year
5
(42,277)
(31,979)
Net current (liabilities)/assets
(8,567)
4,669 
Net (liabilities)/assets
(3,750)
8,068 
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
(3,780)
8,038 
Shareholders' funds
(3,750)
8,068 
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 members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 May 2025 and were signed on its behalf by
Robert Hamish Allan Director Company Registration No. SC305880
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OLIVE TOAST SOFTWARE LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
OLIVE TOAST SOFTWARE LTD is a private company, limited by shares, registered in Scotland, registration number SC305880. The registered office is 2F3 7 HILLSIDE CRESCENT, EDINBURGH, EH7 5DY, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
41,623 
Additions
3,790 
At 31 July 2024
45,413 
Depreciation
At 1 August 2023
38,224 
Charge for the year
2,372 
At 31 July 2024
40,596 
Net book value
At 31 July 2024
4,817 
At 31 July 2023
3,399 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(180)
(19)
Taxes and social security
35,181 
29,982 
Loans from directors
7,276 
2,016 
42,277 
31,979 
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OLIVE TOAST SOFTWARE LTD Notes to the Accounts for the year ended 31 July 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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