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 SC384341 Professor Angus Jamieson Ms Sandra Campbell Mr Alasdair MacRae Ms Sandra Campbell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC384341 2023-08-31 SC384341 2024-08-31 SC384341 2023-09-01 2024-08-31 SC384341 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-01 2024-08-31 SC384341 frs-core:OtherResidualIntangibleAssets 2024-08-31 SC384341 frs-core:OtherResidualIntangibleAssets 2023-09-01 2024-08-31 SC384341 frs-core:OtherResidualIntangibleAssets 2023-08-31 SC384341 frs-core:PlantMachinery 2023-09-01 2024-08-31 SC384341 frs-core:SharePremium 2024-08-31 SC384341 frs-core:ShareCapital 2024-08-31 SC384341 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC384341 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC384341 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 SC384341 frs-bus:SmallEntities 2023-09-01 2024-08-31 SC384341 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 SC384341 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 SC384341 frs-bus:Director1 2023-09-01 2024-08-31 SC384341 frs-bus:Director2 2023-09-01 2024-08-31 SC384341 frs-bus:Director3 2023-09-01 2024-08-31 SC384341 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 SC384341 frs-countries:Scotland 2023-09-01 2024-08-31 SC384341 2022-08-31 SC384341 2023-08-31 SC384341 2022-09-01 2023-08-31 SC384341 frs-core:SharePremium 2023-08-31 SC384341 frs-core:ShareCapital 2023-08-31 SC384341 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: SC384341
Catenary Testing Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC384341
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 17,743 19,804
17,743 19,804
CURRENT ASSETS
Cash at bank and in hand 342 611
342 611
Creditors: Amounts Falling Due Within One Year 5 (69,214 ) (66,297 )
NET CURRENT ASSETS (LIABILITIES) (68,872 ) (65,686 )
TOTAL ASSETS LESS CURRENT LIABILITIES (51,129 ) (45,882 )
NET LIABILITIES (51,129 ) (45,882 )
CAPITAL AND RESERVES
Called up share capital 6 554 554
Share premium account 167,871 167,871
Profit and Loss Account (219,554 ) (214,307 )
SHAREHOLDERS' FUNDS (51,129) (45,882)
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Professor Angus Jamieson
Director
08/05/2025
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
Catenary Testing Limited is a private company, limited by shares, incorporated in Scotland, registered number SC384341 . The registered office is 17 Crown Drive, Inverness, IV2 3NN.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from 5 to 20 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are Patents and related costs. It is amortised to the profit and loss account over its estimated economic life of 20 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:
Plant & Machinery 20% RB
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Other Intangible Assets
£
Cost
As at 1 September 2023 41,211
As at 31 August 2024 41,211
Amortisation
As at 1 September 2023 21,407
Provided during the period 2,061
As at 31 August 2024 23,468
Net Book Value
As at 31 August 2024 17,743
As at 1 September 2023 19,804
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 69,214 66,297
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 554 554
7. Related Party Transactions
Loans from ShareholdersBalances owed to Shareholders - £35,140 (2023 - £33,496)

Loans from Shareholders

Balances owed to Shareholders - £35,140 (2023 - £33,496)

Transactions with the entity's directorsBalances owed to the Directors - £33,524 (2023 - £32,251)

Transactions with the entity's directors

Balances owed to the Directors - £33,524 (2023 - £32,251)

The loans are unsecured, have no fixed terms of repayment and have interest applied at 12% per annum on the principal element of the loan where applicable
Page 3