Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC560260 Mr Emanuel Maxim iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC560260 2023-12-31 SC560260 2024-12-31 SC560260 2024-01-01 2024-12-31 SC560260 frs-core:CurrentFinancialInstruments 2024-12-31 SC560260 frs-core:Non-currentFinancialInstruments 2024-12-31 SC560260 frs-core:ComputerEquipment 2024-12-31 SC560260 frs-core:ComputerEquipment 2024-01-01 2024-12-31 SC560260 frs-core:ComputerEquipment 2023-12-31 SC560260 frs-core:MotorVehicles 2024-12-31 SC560260 frs-core:MotorVehicles 2024-01-01 2024-12-31 SC560260 frs-core:MotorVehicles 2023-12-31 SC560260 frs-core:PlantMachinery 2024-12-31 SC560260 frs-core:PlantMachinery 2024-01-01 2024-12-31 SC560260 frs-core:PlantMachinery 2023-12-31 SC560260 frs-core:ShareCapital 2024-12-31 SC560260 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC560260 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC560260 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC560260 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC560260 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC560260 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC560260 frs-bus:Director1 2024-01-01 2024-12-31 SC560260 frs-countries:Scotland 2024-01-01 2024-12-31 SC560260 2022-12-31 SC560260 2023-12-31 SC560260 2023-01-01 2023-12-31 SC560260 frs-core:CurrentFinancialInstruments 2023-12-31 SC560260 frs-core:Non-currentFinancialInstruments 2023-12-31 SC560260 frs-core:ShareCapital 2023-12-31 SC560260 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC560260
Maxim (Rosc) Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Onpoint Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC560260
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,919 28,331
9,919 28,331
CURRENT ASSETS
Debtors 5 7,020 398
Cash at bank and in hand 3,503 2,644
10,523 3,042
Creditors: Amounts Falling Due Within One Year 6 (31,330 ) (64,667 )
NET CURRENT ASSETS (LIABILITIES) (20,807 ) (61,625 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,888 ) (33,294 )
Creditors: Amounts Falling Due After More Than One Year 7 (3,821 ) -
NET LIABILITIES (14,709 ) (33,294 )
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account (14,909 ) (33,494 )
SHAREHOLDERS' FUNDS (14,709) (33,294)
Page 1
Page 2
For the year ending 31 December 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 Emanuel Maxim
Director
07/04/2025
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
Maxim (Rosc) Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC560260 . The registered office is 22 Deanburn Road, Linlithgow, EH49 6EY.
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 15%RBM
Motor Vehicles 25% RBM
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 3,939 32,754 687 37,380
Disposals - (20,375 ) - (20,375 )
As at 31 December 2024 3,939 12,379 687 17,005
Depreciation
As at 1 January 2024 1,453 7,080 516 9,049
Provided during the period 591 2,674 171 3,436
Disposals - (5,399 ) - (5,399 )
As at 31 December 2024 2,044 4,355 687 7,086
Net Book Value
As at 31 December 2024 1,895 8,024 - 9,919
As at 1 January 2024 2,486 25,674 171 28,331
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 398
Other debtors 7,020 -
7,020 398
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,935 7,268
Bank loans and overdrafts 4,586 5,794
Other loans - 2,227
Other creditors 1,087 27,682
Taxation and social security 21,722 21,696
31,330 64,667
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,821 -
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 4