Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 SC256151 Mr Sean Kane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC256151 2023-09-30 SC256151 2024-09-30 SC256151 2023-10-01 2024-09-30 SC256151 frs-core:CurrentFinancialInstruments 2024-09-30 SC256151 frs-core:Non-currentFinancialInstruments 2024-09-30 SC256151 frs-core:BetweenOneFiveYears 2024-09-30 SC256151 frs-core:MotorVehicles 2024-09-30 SC256151 frs-core:MotorVehicles 2023-10-01 2024-09-30 SC256151 frs-core:MotorVehicles 2023-09-30 SC256151 frs-core:PlantMachinery 2024-09-30 SC256151 frs-core:PlantMachinery 2023-10-01 2024-09-30 SC256151 frs-core:PlantMachinery 2023-09-30 SC256151 frs-core:WithinOneYear 2024-09-30 SC256151 frs-core:ShareCapital 2024-09-30 SC256151 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC256151 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC256151 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 SC256151 frs-bus:SmallEntities 2023-10-01 2024-09-30 SC256151 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC256151 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC256151 frs-bus:Director1 2023-10-01 2024-09-30 SC256151 frs-bus:Director1 2023-09-30 SC256151 frs-bus:Director1 2024-09-30 SC256151 frs-countries:Scotland 2023-10-01 2024-09-30 SC256151 2022-09-30 SC256151 2023-09-30 SC256151 2022-10-01 2023-09-30 SC256151 frs-core:CurrentFinancialInstruments 2023-09-30 SC256151 frs-core:Non-currentFinancialInstruments 2023-09-30 SC256151 frs-core:BetweenOneFiveYears 2023-09-30 SC256151 frs-core:WithinOneYear 2023-09-30 SC256151 frs-core:ShareCapital 2023-09-30 SC256151 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: SC256151
Edinburgh Granite & Marble Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Glass Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC256151
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 72,363 90,454
72,363 90,454
CURRENT ASSETS
Stocks 5 9,823 27,823
Debtors 6 94,015 27,604
Cash at bank and in hand 32,319 37,214
136,157 92,641
Creditors: Amounts Falling Due Within One Year 7 (187,610 ) (141,918 )
NET CURRENT ASSETS (LIABILITIES) (51,453 ) (49,277 )
TOTAL ASSETS LESS CURRENT LIABILITIES 20,910 41,177
Creditors: Amounts Falling Due After More Than One Year 8 (16,122 ) (41,145 )
NET ASSETS 4,788 32
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 4,787 31
SHAREHOLDERS' FUNDS 4,788 32
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For the year ending 30 September 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 Sean Kane
Director
10/03/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Edinburgh Granite & Marble Limited is a private company, limited by shares, incorporated in Scotland, registered number SC256151 . The registered office is 4 Unit 4, Pentland Industrial Estate, Loanhead, EH20 9QH.
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% Reducing Balance
Motor Vehicles 20% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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.
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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.
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: 8 (2023: 10)
8 10
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 October 2023 72,185 117,335 189,520
As at 30 September 2024 72,185 117,335 189,520
Depreciation
As at 1 October 2023 67,355 31,711 99,066
Provided during the period 966 17,125 18,091
As at 30 September 2024 68,321 48,836 117,157
Net Book Value
As at 30 September 2024 3,864 68,499 72,363
As at 1 October 2023 4,830 85,624 90,454
5. Stocks
2024 2023
£ £
Stock 9,823 27,823
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 45,925 24,314
Other debtors 48,090 3,290
94,015 27,604
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 9,362 9,362
Trade creditors 71,586 34,243
Bank loans and overdrafts 6,389 6,389
Other creditors 45,141 41,415
Taxation and social security 55,132 50,509
187,610 141,918
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,089 31,723
Bank loans 3,033 9,422
16,122 41,145
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,362 9,362
Later than one year and not later than five years 13,089 31,723
22,451 41,085
22,451 41,085
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr Sean Kane - 26,800 - - 26,800
The above loan is unsecured, interest free and repayable on demand.
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