Acorah Software Products - Accounts Production 16.3.350 false true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 SC604538 Mrs Anne Widdop Mrs Morag Webster iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC604538 2024-02-28 SC604538 2025-02-28 SC604538 2024-02-29 2025-02-28 SC604538 frs-core:CurrentFinancialInstruments 2025-02-28 SC604538 frs-core:ShareCapital 2025-02-28 SC604538 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 SC604538 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 SC604538 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 SC604538 frs-bus:SmallEntities 2024-02-29 2025-02-28 SC604538 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 SC604538 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 SC604538 frs-bus:Director1 2024-02-29 2025-02-28 SC604538 frs-bus:Director1 2024-02-28 SC604538 frs-bus:Director1 2025-02-28 SC604538 frs-bus:Director2 2024-02-29 2025-02-28 SC604538 frs-bus:Director2 2024-02-28 SC604538 frs-bus:Director2 2025-02-28 SC604538 frs-core:CurrentFinancialInstruments 1 2025-02-28 SC604538 frs-countries:Scotland 2024-02-29 2025-02-28 SC604538 2023-02-28 SC604538 2024-02-28 SC604538 2023-03-01 2024-02-28 SC604538 frs-core:CurrentFinancialInstruments 2024-02-28 SC604538 frs-core:ShareCapital 2024-02-28 SC604538 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 SC604538 frs-core:CurrentFinancialInstruments 1 2024-02-28
Registered number: SC604538
The Fuze Fndn Ltd
Financial Statements
For The Year Ended 28 February 2025
Northgate Accounting Services Limited
1 MacDowall Street
Paisley
PA3 2NB
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC604538
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 26,233 32,268
Cash at bank and in hand 3,123 2,862
29,356 35,130
Creditors: Amounts Falling Due Within One Year 5 (41,377 ) (46,486 )
NET CURRENT ASSETS (LIABILITIES) (12,021 ) (11,356 )
TOTAL ASSETS LESS CURRENT LIABILITIES (12,021 ) (11,356 )
NET LIABILITIES (12,021 ) (11,356 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (12,121 ) (11,456 )
SHAREHOLDERS' FUNDS (12,021) (11,356)
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 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
Mrs Morag Webster
Director
20th May 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
The Fuze Fndn Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC604538 . The registered office is Clyde Offices, 2nd Floor, 48 West George Street, Glasgow, G2 1BP.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Debtors
2025 2024
£ £
Due within one year
Trade debtors 175 -
Intercompany Account 25,958 32,168
Other debtors (1) 1 -
Directors' loan accounts 99 100
26,233 32,268
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 660
Bank loans and overdrafts 30,407 35,757
Other creditors 10,969 10,069
41,377 46,486
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 2
Page 3
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 29 February 2024 Amounts advanced Amounts repaid Amounts written off As at 28 February 2025
£ £ £ £ £
Mrs Anne Widdop 51 - - - -
Mrs Morag Webster 49 - - - -
The above loan is unsecured, interest free and repayable on demand.
Page 3