Acorah Software Products - Accounts Production 16.3.350 false true false 1 June 2023 31 May 2024 31 May 2024 SC626716 Mr David Alexander iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC626716 2023-05-31 SC626716 2024-05-31 SC626716 2023-06-01 2024-05-31 SC626716 frs-core:CurrentFinancialInstruments 2024-05-31 SC626716 frs-core:ComputerEquipment 2024-05-31 SC626716 frs-core:ComputerEquipment 2023-06-01 2024-05-31 SC626716 frs-core:ComputerEquipment 2023-05-31 SC626716 frs-core:FurnitureFittings 2024-05-31 SC626716 frs-core:FurnitureFittings 2023-06-01 2024-05-31 SC626716 frs-core:FurnitureFittings 2023-05-31 SC626716 frs-core:MotorVehicles 2024-05-31 SC626716 frs-core:MotorVehicles 2023-06-01 2024-05-31 SC626716 frs-core:MotorVehicles 2023-05-31 SC626716 frs-core:PlantMachinery 2023-06-01 2024-05-31 SC626716 frs-core:ShareCapital 2024-05-31 SC626716 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 SC626716 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 SC626716 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 SC626716 frs-bus:SmallEntities 2023-06-01 2024-05-31 SC626716 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 SC626716 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 SC626716 frs-bus:Director1 2023-06-01 2024-05-31 SC626716 frs-countries:Scotland 2023-06-01 2024-05-31
Registered number: SC626716
Elite Trades And Joinery (Edinburgh) Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC626716
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 19,709
19,709
CURRENT ASSETS
Debtors 5 101,804
Cash at bank and in hand 62,196
164,000
Creditors: Amounts Falling Due Within One Year 6 (232,106 )
NET CURRENT ASSETS (LIABILITIES) (68,106 )
TOTAL ASSETS LESS CURRENT LIABILITIES (48,397 )
NET LIABILITIES (48,397 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (48,497 )
SHAREHOLDERS' FUNDS (48,397)
For the year ending 31 May 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 David Alexander
Director
31/05/2025
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
Elite Trades And Joinery (Edinburgh) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC626716 . The registered office is Office 30, Haypark Business Centre, Polmont, FK2 0NZ.
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 18% Reducing balance
Motor Vehicles 18% Reducing balance
Fixtures & Fittings 18% Reducing balance
Computer Equipment 18% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 9,500 9,083 1,126 19,709
As at 31 May 2024 9,500 9,083 1,126 19,709
Net Book Value
As at 31 May 2024 9,500 9,083 1,126 19,709
As at 1 June 2023 9,500 9,083 1,126 19,709
Page 2
Page 3
5. Debtors
2024
£
Due within one year
Trade debtors 1,804
Other debtors 100,000
101,804
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 232,106
7. Share Capital
2024
£
Allotted, Called up and fully paid 100
Page 3