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 SC293085 Mr M Aikman Mr J Scott Mr J Scott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC293085 2023-08-31 SC293085 2024-08-31 SC293085 2023-09-01 2024-08-31 SC293085 frs-core:CurrentFinancialInstruments 2024-08-31 SC293085 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 SC293085 frs-core:PlantMachinery 2024-08-31 SC293085 frs-core:PlantMachinery 2023-09-01 2024-08-31 SC293085 frs-core:PlantMachinery 2023-08-31 SC293085 frs-core:ShareCapital 2024-08-31 SC293085 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC293085 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC293085 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 SC293085 frs-bus:SmallEntities 2023-09-01 2024-08-31 SC293085 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 SC293085 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 SC293085 frs-core:UnlistedNon-exchangeTraded 2024-08-31 SC293085 frs-core:UnlistedNon-exchangeTraded 2023-08-31 SC293085 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-08-31 SC293085 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-08-31 SC293085 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-08-31 SC293085 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-08-31 SC293085 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-08-31 SC293085 frs-bus:Director1 2023-09-01 2024-08-31 SC293085 frs-bus:Director2 2023-09-01 2024-08-31 SC293085 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 SC293085 frs-countries:Scotland 2023-09-01 2024-08-31 SC293085 2022-08-31 SC293085 2023-08-31 SC293085 2022-09-01 2023-08-31 SC293085 frs-core:CurrentFinancialInstruments 2023-08-31 SC293085 frs-core:ShareCapital 2023-08-31 SC293085 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: SC293085
Mothership (Scotland) Limited
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—6
Page 1
Balance Sheet
Registered number: SC293085
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,434 3,760
Investment Properties 5 230,062 230,062
Investments 6 - 500
233,496 234,322
CURRENT ASSETS
Stock 7 54,992 66,525
Debtors 8 61,903 95,476
Cash at bank and in hand 80,437 61,112
197,332 223,113
Creditors: Amounts Falling Due Within One Year 9 (163,320 ) (190,824 )
NET CURRENT ASSETS (LIABILITIES) 34,012 32,289
TOTAL ASSETS LESS CURRENT LIABILITIES 267,508 266,611
NET ASSETS 267,508 266,611
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 267,506 266,609
SHAREHOLDERS' FUNDS 267,508 266,611
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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
Mr M Aikman
Director
28 May 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Mothership (Scotland) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC293085 . The registered office is 16a Queen Street, Edinburgh, EH2 1JE.
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:
Freehold No depreciation
Plant & Machinery 25% straight line
2.4. Investment Properties
All investment properties are carried at fair value determined periodically and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 September 2023 21,050
Additions 819
As at 31 August 2024 21,869
Depreciation
As at 1 September 2023 17,290
Provided during the period 1,145
As at 31 August 2024 18,435
Net Book Value
As at 31 August 2024 3,434
As at 1 September 2023 3,760
5. Investment Property
2024
£
Fair Value
As at 1 September 2023 and 31 August 2024 230,062
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6. Investments
Unlisted
£
Cost
As at 1 September 2023 500
Disposals (500 )
As at 31 August 2024 -
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 500
7. Stock
2024 2023
£ £
Stock 54,992 66,525
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 46,603 78,826
Prepayments and accrued income 13,300 14,650
Other debtors 2,000 2,000
61,903 95,476
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9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 30,286 45,138
Corporation tax 26,390 14,434
Other taxes and social security 3,418 2,180
VAT 6,368 12,492
Accruals and deferred income 1,095 1,017
Directors' loan accounts 10,089 1,921
Amounts owed to related parties 85,674 113,642
163,320 190,824
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
11. Related Party Transactions
As at 31 August 2024, the company owed the directors, Michael Aikman and Jason Scott, £1,226 (2023: £1,226) and £700 (2023: £700), respectively. 
As at 31 August 2024, the company owed the following amounts to entities with common directors, Bramble Bars Ltd £61,617 (2023: £89,617), Lucky Liquor Ltd £19,735 (2023: £19,735) and Red Dog Saloons Ltd £4,322 (2023: £4,322).  
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