Acorah Software Products - Accounts Production 16.3.350 false true true 30 September 2023 1 September 2022 false 1 October 2023 30 September 2024 30 September 2024 SC281776 Mr B Curran Mrs S Curran Mrs S Curran iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC281776 2023-09-30 SC281776 2024-09-30 SC281776 2023-10-01 2024-09-30 SC281776 frs-core:CurrentFinancialInstruments 2024-09-30 SC281776 frs-core:Non-currentFinancialInstruments 2024-09-30 SC281776 frs-core:BetweenOneFiveYears 2024-09-30 SC281776 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 SC281776 frs-core:MotorVehicles 2024-09-30 SC281776 frs-core:MotorVehicles 2023-10-01 2024-09-30 SC281776 frs-core:MotorVehicles 2023-09-30 SC281776 frs-core:OtherResidualIntangibleAssets 2024-09-30 SC281776 frs-core:OtherResidualIntangibleAssets 2023-09-30 SC281776 frs-core:PlantMachinery 2024-09-30 SC281776 frs-core:PlantMachinery 2023-10-01 2024-09-30 SC281776 frs-core:PlantMachinery 2023-09-30 SC281776 frs-core:WithinOneYear 2024-09-30 SC281776 frs-core:ShareCapital 2024-09-30 SC281776 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC281776 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC281776 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 SC281776 frs-bus:SmallEntities 2023-10-01 2024-09-30 SC281776 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC281776 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC281776 frs-bus:Director1 2023-10-01 2024-09-30 SC281776 frs-bus:Director2 2023-10-01 2024-09-30 SC281776 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 SC281776 frs-countries:Scotland 2023-10-01 2024-09-30 SC281776 2022-08-31 SC281776 2023-09-30 SC281776 2022-09-01 2023-09-30 SC281776 frs-core:CurrentFinancialInstruments 2023-09-30 SC281776 frs-core:Non-currentFinancialInstruments 2023-09-30 SC281776 frs-core:BetweenOneFiveYears 2023-09-30 SC281776 frs-core:WithinOneYear 2023-09-30 SC281776 frs-core:ShareCapital 2023-09-30 SC281776 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: SC281776
Land and Utility Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Glen Drummond Ltd
Chartered Accountants
Argyll House
Quarrywood Court
Livingston
EH54 6AX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC281776
30 September 2024 30 September 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 123,341 124,951
123,341 124,951
CURRENT ASSETS
Stocks 6 14,709 48,917
Debtors 7 287,516 237,559
Cash at bank and in hand 14,348 1,750
316,573 288,226
Creditors: Amounts Falling Due Within One Year 8 (322,311 ) (361,528 )
NET CURRENT ASSETS (LIABILITIES) (5,738 ) (73,302 )
TOTAL ASSETS LESS CURRENT LIABILITIES 117,603 51,649
Creditors: Amounts Falling Due After More Than One Year 9 (26,776 ) (15,576 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (25,435 ) (32,101 )
NET ASSETS 65,392 3,972
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 65,292 3,872
SHAREHOLDERS' FUNDS 65,392 3,972
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For the year ending 30 September 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 B Curran
Director
21 May 2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Land and Utility Limited is a private company, limited by shares, incorporated in Scotland, registered number SC281776 . The registered office is Davidde, Gavieside, West Calder, West Lothian, EH55 8PT.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are goodwill. It is amortised to profit and loss account over its estimated economic life of 3 years.
2.5. 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 20%
Motor Vehicles 25%
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.7. 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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2.8. 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 16)
11 16
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 7,719
As at 30 September 2024 7,719
Amortisation
As at 1 October 2023 7,719
As at 30 September 2024 7,719
Net Book Value
As at 30 September 2024 -
As at 1 October 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 October 2023 149,593 235,075 384,668
Additions 12,250 29,995 42,245
As at 30 September 2024 161,843 265,070 426,913
Depreciation
As at 1 October 2023 94,195 165,522 259,717
Provided during the period 28,200 15,655 43,855
As at 30 September 2024 122,395 181,177 303,572
...CONTINUED
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Net Book Value
As at 30 September 2024 39,448 83,893 123,341
As at 1 October 2023 55,398 69,553 124,951
6. Stocks
30 September 2024 30 September 2023
£ £
Stock 5,796 37,463
Work in progress 8,913 11,454
14,709 48,917
7. Debtors
30 September 2024 30 September 2023
£ £
Due within one year
Trade debtors 35,408 90,901
Other debtors 252,108 146,658
287,516 237,559
8. Creditors: Amounts Falling Due Within One Year
30 September 2024 30 September 2023
£ £
Net obligations under finance lease and hire purchase contracts 21,175 32,369
Trade creditors 48,922 48,348
Bank loans and overdrafts - 53,108
Other creditors 131,783 128,978
Taxation and social security 120,431 98,725
322,311 361,528
9. Creditors: Amounts Falling Due After More Than One Year
30 September 2024 30 September 2023
£ £
Net obligations under finance lease and hire purchase contracts 26,776 15,576
10. Obligations Under Finance Leases and Hire Purchase
30 September 2024 30 September 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 21,175 32,369
Later than one year and not later than five years 26,776 15,576
47,951 47,945
47,951 47,945
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11. Share Capital
30 September 2024 30 September 2023
£ £
Allotted, Called up and fully paid 100 100
12. Dividends
30 September 2024 30 September 2023
£ £
On equity shares:
Final dividend paid 2,000 39,000
13. Related Party Transactions
The company operates a loan account with Curran and Curran Limited, the parent company.
During the year, Land and Utility received loans totalling £2,000 from Curran and Curran Limited. At the year end, the balance due to Curran and Curran Limited was £126,575 (2023 - £124,575). This loan is unsecured, interest free and has no fixed repayment terms.
The company operates a loan account with Five Sisters Zoo Limited, a company controlled by Curran and Curran Limited.
During the year, Land and Utility Limited advanced loans totalling £68,774 to Five Sisters Zoo Limited. At the year end, the balance due from Five Sisters Zoo Limited was £157,176 (2023 - £88,401). This loan is unsecured, interest free and has no fixed repayment terms.
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