Acorah Software Products - Accounts Production 16.3.350 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 SC638872 Mr G Coupar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC638872 2023-08-31 SC638872 2024-08-31 SC638872 2023-09-01 2024-08-31 SC638872 frs-core:CurrentFinancialInstruments 2024-08-31 SC638872 frs-core:ComputerEquipment 2024-08-31 SC638872 frs-core:ComputerEquipment 2023-09-01 2024-08-31 SC638872 frs-core:ComputerEquipment 2023-08-31 SC638872 frs-core:ShareCapital 2024-08-31 SC638872 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC638872 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC638872 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 SC638872 frs-bus:SmallEntities 2023-09-01 2024-08-31 SC638872 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 SC638872 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 SC638872 frs-bus:Director1 2023-09-01 2024-08-31 SC638872 frs-countries:Scotland 2023-09-01 2024-08-31 SC638872 2022-08-31 SC638872 2023-08-31 SC638872 2022-09-01 2023-08-31 SC638872 frs-core:CurrentFinancialInstruments 2023-08-31 SC638872 frs-core:ShareCapital 2023-08-31 SC638872 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: SC638872
Iteropti Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Sense Accounting Limited
36 Bruntsfield Place
Edinburgh
EH10 4HJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC638872
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 12
- 12
CURRENT ASSETS
Debtors 5 155 464
Cash at bank and in hand 6,275 5,078
6,430 5,542
Creditors: Amounts Falling Due Within One Year 6 (7,129 ) (7,129 )
NET CURRENT ASSETS (LIABILITIES) (699 ) (1,587 )
TOTAL ASSETS LESS CURRENT LIABILITIES (699 ) (1,575 )
NET LIABILITIES (699 ) (1,575 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (700 ) (1,576 )
SHAREHOLDERS' FUNDS (699) (1,575)
Page 1
Page 2
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 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 G Coupar
Director
28 May 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Iteropti Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC638872 . The registered office is 272 Bath Street, Glasgow, G2 4JR.
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. Going Concern Disclosure
The director has carried out an assessment of the going concern position of the Company, including consideration of the company's net liability position. With his continued support, the director has concluded that they have a reasonable expectation that the Company has adequate access to resources to continue as a going concern for a period of at least 12 months. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.
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:
Computer Equipment 33.3% 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 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.

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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 3,425
As at 31 August 2024 3,425
Depreciation
As at 1 September 2023 3,413
Provided during the period 12
As at 31 August 2024 3,425
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 12
5. Debtors
2024 2023
£ £
Due within one year
Corporation tax recoverable assets - 325
VAT 155 139
155 464
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 400 400
Director's loan account 6,729 6,729
7,129 7,129
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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