Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC406071 Mr Peter Keers Mrs Linda Keers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC406071 2023-12-31 SC406071 2024-12-31 SC406071 2024-01-01 2024-12-31 SC406071 frs-core:CurrentFinancialInstruments 2024-12-31 SC406071 frs-core:Non-currentFinancialInstruments 2024-12-31 SC406071 frs-core:BetweenOneFiveYears 2024-12-31 SC406071 frs-core:ComputerEquipment 2024-12-31 SC406071 frs-core:ComputerEquipment 2024-01-01 2024-12-31 SC406071 frs-core:ComputerEquipment 2023-12-31 SC406071 frs-core:FurnitureFittings 2024-12-31 SC406071 frs-core:FurnitureFittings 2024-01-01 2024-12-31 SC406071 frs-core:FurnitureFittings 2023-12-31 SC406071 frs-core:NetGoodwill 2024-12-31 SC406071 frs-core:NetGoodwill 2024-01-01 2024-12-31 SC406071 frs-core:NetGoodwill 2023-12-31 SC406071 frs-core:InvestmentPropertyIncludedWithinPPE 2024-12-31 SC406071 frs-core:InvestmentPropertyIncludedWithinPPE 2024-01-01 2024-12-31 SC406071 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-31 SC406071 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 SC406071 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC406071 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 SC406071 frs-core:MoreThanFiveYears 2024-12-31 SC406071 frs-core:MotorVehicles 2024-12-31 SC406071 frs-core:MotorVehicles 2024-01-01 2024-12-31 SC406071 frs-core:MotorVehicles 2023-12-31 SC406071 frs-core:PlantMachinery 2024-12-31 SC406071 frs-core:PlantMachinery 2024-01-01 2024-12-31 SC406071 frs-core:PlantMachinery 2023-12-31 SC406071 frs-core:WithinOneYear 2024-12-31 SC406071 frs-core:ShareCapital 2024-12-31 SC406071 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC406071 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC406071 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC406071 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC406071 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC406071 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC406071 frs-core:AcceleratedTaxDepreciationDeferredTax 2024-12-31 SC406071 frs-core:UnlistedNon-exchangeTraded 2024-12-31 SC406071 frs-core:UnlistedNon-exchangeTraded 2023-12-31 SC406071 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 SC406071 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 SC406071 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 SC406071 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 SC406071 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 SC406071 frs-bus:Director1 2024-01-01 2024-12-31 SC406071 frs-bus:Director2 2024-01-01 2024-12-31 SC406071 frs-core:CurrentFinancialInstruments 1 2024-12-31 SC406071 frs-countries:Scotland 2024-01-01 2024-12-31 SC406071 2022-12-31 SC406071 2023-12-31 SC406071 2023-01-01 2023-12-31 SC406071 frs-core:CurrentFinancialInstruments 2023-12-31 SC406071 frs-core:Non-currentFinancialInstruments 2023-12-31 SC406071 frs-core:BetweenOneFiveYears 2023-12-31 SC406071 frs-core:MoreThanFiveYears 2023-12-31 SC406071 frs-core:MotorVehicles 2023-01-01 2023-12-31 SC406071 frs-core:WithinOneYear 2023-12-31 SC406071 frs-core:ShareCapital 2023-12-31 SC406071 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC406071 frs-core:AcceleratedTaxDepreciationDeferredTax 2023-12-31 SC406071 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: SC406071
Scotcrest Uniforms Ltd.
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: SC406071
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 287,278 290,823
Investments 6 90,223 58,040
377,501 348,863
CURRENT ASSETS
Stocks 7 155,525 175,470
Debtors 8 115,982 116,355
Cash at bank and in hand 136,229 123,991
407,736 415,816
Creditors: Amounts Falling Due Within One Year 9 (116,166 ) (127,126 )
NET CURRENT ASSETS (LIABILITIES) 291,570 288,690
TOTAL ASSETS LESS CURRENT LIABILITIES 669,071 637,553
Creditors: Amounts Falling Due After More Than One Year 10 (103,404 ) (121,703 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 13 (31,195 ) (22,723 )
NET ASSETS 534,472 493,127
CAPITAL AND RESERVES
Called up share capital 14 100 100
Profit and Loss Account 534,372 493,027
SHAREHOLDERS' FUNDS 534,472 493,127
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 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 Peter Keers
Director
Mrs Linda Keers
Director
15/05/2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Scotcrest Uniforms Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC406071 . The registered office is 2nd Floor (East) Belgrave Court, Rosehall Road, Bellshill, North Lanarkshire, ML4 3NR.
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.

2.3. Intangible Fixed Assets and Amortisation - Goodwill
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. 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 5% on cost
  • Plant & Machinery 15% reducing balance
  • Property Improvements 20% reducing balance
  • Motor Vehicles 25% reducing balance
  • Fixtures and Fittings 15% reducing balance
  • Computer Equipment 20% reducing balance
2.5. 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.
2.6. 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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2.7. Financial Instruments
The company only has basic financial instruments.
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured
initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective
interest method, less any impairment.
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans,
are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost
using the effective interest method.
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 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.
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 21 (2023: 20)
21 20
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 35,700
As at 31 December 2024 35,700
Amortisation
As at 1 January 2024 35,700
As at 31 December 2024 35,700
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised
evenly over its estimated useful life of five years.
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Page 5
5. Tangible Assets
Land & Property
Freehold Investment Properties Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 January 2024 162,500 8,724 163,642 73,509
Additions - - 317 -
As at 31 December 2024 162,500 8,724 163,959 73,509
Depreciation
As at 1 January 2024 - 5,649 115,417 25,713
Provided during the period - 1,745 7,257 11,949
As at 31 December 2024 - 7,394 122,674 37,662
Net Book Value
As at 31 December 2024 162,500 1,330 41,285 35,847
As at 1 January 2024 162,500 3,075 48,225 47,796
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 65,375 28,366 502,116
Additions 22,534 562 23,413
As at 31 December 2024 87,909 28,928 525,529
Depreciation
As at 1 January 2024 41,637 22,877 211,293
Provided during the period 4,518 1,489 26,958
As at 31 December 2024 46,155 24,366 238,251
Net Book Value
As at 31 December 2024 41,754 4,562 287,278
As at 1 January 2024 23,738 5,489 290,823
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 31,204 41,605
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6. Investments
Unlisted
£
Cost
As at 1 January 2024 58,040
Additions 32,183
As at 31 December 2024 90,223
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 90,223
As at 1 January 2024 58,040
7. Stocks
2024 2023
£ £
Stock 155,525 175,470
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 21,676 48,637
Prepayments and accrued income 91,257 67,718
Intercompany Debtors 3,049 -
115,982 116,355
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,984 3,898
Trade creditors 24,684 26,608
Bank loans and overdrafts 12,686 9,621
Corporation tax 41,941 53,704
Other taxes and social security 7,215 5,890
VAT 14,859 4,615
Other creditors 578 823
Accruals (Current liabilities - creditors < 1 year) 3,875 3,690
Directors' loan accounts 6,344 18,277
116,166 127,126
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10. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 26,647 30,632
Bank loans 76,757 91,071
103,404 121,703
11. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured.
TSB Bank plc holds a bond and floating charge over the company's assets as security for the bank overdraft and
a standard security of the property 41 Quarry Street, Hamilton, ML3 7AN in respect of the bank loan
2024 2023
£ £
Bank loans and overdrafts 89,443 99,012
12. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,984 3,898
Later than one year and not later than five years 26,647 30,632
30,631 34,530
30,631 34,530
13. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Accelerated capital allowances 31,195 22,723
14. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
15. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 72,000 60,000
Later than five years 126,000 180,000
198,000 240,000
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