Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 SC651324 Mr Neil Cochrane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC651324 2024-01-31 SC651324 2025-01-31 SC651324 2024-02-01 2025-01-31 SC651324 frs-core:CurrentFinancialInstruments 2025-01-31 SC651324 frs-core:Non-currentFinancialInstruments 2025-01-31 SC651324 frs-core:ComputerEquipment 2025-01-31 SC651324 frs-core:ComputerEquipment 2024-02-01 2025-01-31 SC651324 frs-core:ComputerEquipment 2024-01-31 SC651324 frs-core:MotorVehicles 2025-01-31 SC651324 frs-core:MotorVehicles 2024-02-01 2025-01-31 SC651324 frs-core:MotorVehicles 2024-01-31 SC651324 frs-core:OtherReservesSubtotal 2025-01-31 SC651324 frs-core:ShareCapital 2025-01-31 SC651324 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 SC651324 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC651324 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 SC651324 frs-bus:SmallEntities 2024-02-01 2025-01-31 SC651324 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC651324 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 SC651324 frs-bus:Director1 2024-02-01 2025-01-31 SC651324 frs-countries:Scotland 2024-02-01 2025-01-31 SC651324 2023-01-31 SC651324 2024-01-31 SC651324 2023-02-01 2024-01-31 SC651324 frs-core:CurrentFinancialInstruments 2024-01-31 SC651324 frs-core:Non-currentFinancialInstruments 2024-01-31 SC651324 frs-core:OtherReservesSubtotal 2024-01-31 SC651324 frs-core:ShareCapital 2024-01-31 SC651324 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: SC651324
Reliaheat Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Glass Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC651324
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 23,779 1,374
23,779 1,374
CURRENT ASSETS
Debtors 5 2,721 1,380
Cash at bank and in hand 32,814 30,048
35,535 31,428
Creditors: Amounts Falling Due Within One Year 6 (15,333 ) (13,883 )
NET CURRENT ASSETS (LIABILITIES) 20,202 17,545
TOTAL ASSETS LESS CURRENT LIABILITIES 43,981 18,919
Creditors: Amounts Falling Due After More Than One Year 7 (13,904 ) -
NET ASSETS 30,077 18,919
CAPITAL AND RESERVES
Called up share capital 8 1 1
Other reserves 9,824 -
Profit and Loss Account 20,252 18,918
SHAREHOLDERS' FUNDS 30,077 18,919
Page 1
Page 2
For the year ending 31 January 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 Neil Cochrane
Director
12/05/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Reliaheat Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC651324 . The registered office is 6 Burnbrae Place, Bonnyrigg, EH19 3FL.
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:
Motor Vehicles 25% straight line
Computer Equipment 5 years straight line
2.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 1 (2024: 1)
1 1
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4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 February 2024 - 1,978 1,978
Additions 22,900 - 22,900
As at 31 January 2025 22,900 1,978 24,878
Depreciation
As at 1 February 2024 - 604 604
Provided during the period - 495 495
As at 31 January 2025 - 1,099 1,099
Net Book Value
As at 31 January 2025 22,900 879 23,779
As at 1 February 2024 - 1,374 1,374
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 802 878
VAT 1,918 -
Other taxes and social security - 501
Called up share capital not paid 1 1
2,721 1,380
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,724 (435 )
Bank loans and overdrafts 9,033 9,991
Other loans 3,576 -
Corporation tax - 2,755
VAT - 1,572
15,333 13,883
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 13,904 -
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8. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 1 1
Amount of Allotted, Called Up Share Capital 1 1
Page 5