Acorah Software Products - Accounts Production 16.2.850 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 SC655840 Mr Juan Paulo Rodriguez iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC655840 2024-02-29 SC655840 2025-02-28 SC655840 2024-03-01 2025-02-28 SC655840 frs-core:CurrentFinancialInstruments 2025-02-28 SC655840 frs-core:ComputerEquipment 2025-02-28 SC655840 frs-core:ComputerEquipment 2024-03-01 2025-02-28 SC655840 frs-core:ComputerEquipment 2024-02-29 SC655840 frs-core:FurnitureFittings 2025-02-28 SC655840 frs-core:FurnitureFittings 2024-03-01 2025-02-28 SC655840 frs-core:FurnitureFittings 2024-02-29 SC655840 frs-core:PlantMachinery 2025-02-28 SC655840 frs-core:PlantMachinery 2024-03-01 2025-02-28 SC655840 frs-core:PlantMachinery 2024-02-29 SC655840 frs-core:ShareCapital 2025-02-28 SC655840 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 SC655840 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 SC655840 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 SC655840 frs-bus:SmallEntities 2024-03-01 2025-02-28 SC655840 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 SC655840 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 SC655840 frs-bus:Director1 2024-03-01 2025-02-28 SC655840 frs-countries:Scotland 2024-03-01 2025-02-28 SC655840 2023-02-28 SC655840 2024-02-29 SC655840 2023-03-01 2024-02-29 SC655840 frs-core:CurrentFinancialInstruments 2024-02-29 SC655840 frs-core:ShareCapital 2024-02-29 SC655840 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: SC655840
ELS AMICS LIMITED
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC655840
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,423 14,449
11,423 14,449
CURRENT ASSETS
Stocks 5 7,000 6,500
Debtors 6 500 -
Cash at bank and in hand 528 8,326
8,028 14,826
Creditors: Amounts Falling Due Within One Year 7 (63,075 ) (75,110 )
NET CURRENT ASSETS (LIABILITIES) (55,047 ) (60,284 )
TOTAL ASSETS LESS CURRENT LIABILITIES (43,624 ) (45,835 )
NET LIABILITIES (43,624 ) (45,835 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (43,724 ) (45,935 )
SHAREHOLDERS' FUNDS (43,624) (45,835)
For the year ending 28 February 2025 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 Juan Paulo Rodriguez
Director
13/05/2025
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
ELS AMICS LIMITED is a private company, limited by shares, incorporated in Scotland, registered number SC655840 . The registered office is 7-9 Queensgate, `, Inverness, Scotland, IV1 1PQ.
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:
Plant & Machinery 20% Straight Line
Fixtures & Fittings 20% Straight Line
Computer Equipment 20% Straight Line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2024 23,515 - 265 23,780
Additions - 2,163 - 2,163
As at 28 February 2025 23,515 2,163 265 25,943
Depreciation
As at 1 March 2024 9,278 - 53 9,331
Provided during the period 4,703 433 53 5,189
As at 28 February 2025 13,981 433 106 14,520
...CONTINUED
Page 2
Page 3
Net Book Value
As at 28 February 2025 9,534 1,730 159 11,423
As at 1 March 2024 14,237 - 212 14,449
5. Stocks
2025 2024
£ £
Stock 7,000 6,500
6. Debtors
2025 2024
£ £
Due within one year
Mr Shamsher Loan 500 -
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 2,737 10,968
Other loans 17,458 -
Other taxes and social security 661 -
VAT 2,241 3,312
Director's loan account 39,978 60,830
63,075 75,110
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3