Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 SC637812 Mr Donald Cochrane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC637812 2023-08-31 SC637812 2024-08-31 SC637812 2023-09-01 2024-08-31 SC637812 frs-core:CurrentFinancialInstruments 2024-08-31 SC637812 frs-core:Non-currentFinancialInstruments 2024-08-31 SC637812 frs-core:ComputerEquipment 2024-08-31 SC637812 frs-core:ComputerEquipment 2023-09-01 2024-08-31 SC637812 frs-core:ComputerEquipment 2023-08-31 SC637812 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 SC637812 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 SC637812 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 SC637812 frs-core:ShareCapital 2024-08-31 SC637812 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC637812 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC637812 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 SC637812 frs-bus:SmallEntities 2023-09-01 2024-08-31 SC637812 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 SC637812 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 SC637812 frs-bus:Director1 2023-09-01 2024-08-31 SC637812 frs-countries:Scotland 2023-09-01 2024-08-31 SC637812 2022-08-31 SC637812 2023-08-31 SC637812 2022-09-01 2023-08-31 SC637812 frs-core:CurrentFinancialInstruments 2023-08-31 SC637812 frs-core:Non-currentFinancialInstruments 2023-08-31 SC637812 frs-core:ShareCapital 2023-08-31 SC637812 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: SC637812
B-Six Property Solutions Ltd
Financial Statements
For The Year Ended 31 August 2024
Murray Accountancy & Tax Services Ltd
Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC637812
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 413,385 336,273
413,385 336,273
CURRENT ASSETS
Debtors 5 12,000 -
Cash at bank and in hand 7,397 3,356
19,397 3,356
Creditors: Amounts Falling Due Within One Year 6 (169,397 ) (85,397 )
NET CURRENT ASSETS (LIABILITIES) (150,000 ) (82,041 )
TOTAL ASSETS LESS CURRENT LIABILITIES 263,385 254,232
Creditors: Amounts Falling Due After More Than One Year 7 (276,000 ) (276,000 )
NET LIABILITIES (12,615 ) (21,768 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (12,616 ) (21,769 )
SHAREHOLDERS' FUNDS (12,615) (21,768)
Page 1
Page 2
For the year ending 31 August 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 Donald Cochrane
Director
12/05/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
B-Six Property Solutions Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC637812 . The registered office is 5 Craigenlay Avenue, Blanefield, Glasgow, G63 9DR.
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:
Freehold 0%
Computer Equipment 25% X WDV
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 336,000 364 336,364
Additions 77,180 - 77,180
As at 31 August 2024 413,180 364 413,544
Depreciation
As at 1 September 2023 - 91 91
Provided during the period - 68 68
As at 31 August 2024 - 159 159
Net Book Value
As at 31 August 2024 413,180 205 413,385
As at 1 September 2023 336,000 273 336,273
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 12,000 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 750 750
Director's loan account 168,647 84,647
169,397 85,397
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 247,500 247,500
Inter Company- SCE Ltd 28,500 28,500
276,000 276,000
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4