Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC526545 Mr Alan Finlay Mrs Fiona Finlay iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC526545 2024-03-31 SC526545 2025-03-31 SC526545 2024-04-01 2025-03-31 SC526545 frs-core:CurrentFinancialInstruments 2025-03-31 SC526545 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 SC526545 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-01 2025-03-31 SC526545 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 SC526545 frs-core:ShareCapital 2025-03-31 SC526545 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC526545 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC526545 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC526545 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC526545 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC526545 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC526545 frs-bus:Director1 2024-04-01 2025-03-31 SC526545 frs-bus:Director2 2024-04-01 2025-03-31 SC526545 frs-countries:Scotland 2024-04-01 2025-03-31 SC526545 2023-03-31 SC526545 2024-03-31 SC526545 2023-04-01 2024-03-31 SC526545 frs-core:CurrentFinancialInstruments 2024-03-31 SC526545 frs-core:ShareCapital 2024-03-31 SC526545 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
A & F Finlay Ltd
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC526545
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 540,000 625,000
540,000 625,000
CURRENT ASSETS
Cash at bank and in hand 802 768
802 768
Creditors: Amounts Falling Due Within One Year 5 (349,696 ) (476,846 )
NET CURRENT ASSETS (LIABILITIES) (348,894 ) (476,078 )
TOTAL ASSETS LESS CURRENT LIABILITIES 191,106 148,922
NET ASSETS 191,106 148,922
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 191,006 148,822
SHAREHOLDERS' FUNDS 191,106 148,922
Page 1
Page 2
For the year ending 31 March 2025 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 Alan Finlay
Director
5th June 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
A & F Finlay Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC526545 . The registered office is 520 Perth Road, Dundee, DD2 1PL.
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 represents rental income receivable for the period.
2.3. Investment Properties
All investment properties are carried at fair value determined annually 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.
2.4. Taxation
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 year 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: 2 (2024: 2)
2 2
4. Tangible Assets
Investment Properties
£
Cost
As at 1 April 2024 625,000
Disposals (85,000 )
As at 31 March 2025 540,000
Net Book Value
As at 31 March 2025 540,000
As at 1 April 2024 625,000
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5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 339,847 466,924
Taxation and social security 9,849 9,922
349,696 476,846
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4