Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 SC554393 Mr Steven McLaughlan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC554393 2024-01-31 SC554393 2025-01-31 SC554393 2024-02-01 2025-01-31 SC554393 frs-core:CurrentFinancialInstruments 2025-01-31 SC554393 frs-core:ComputerEquipment 2025-01-31 SC554393 frs-core:ComputerEquipment 2024-02-01 2025-01-31 SC554393 frs-core:ComputerEquipment 2024-01-31 SC554393 frs-core:ShareCapital 2025-01-31 SC554393 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 SC554393 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC554393 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 SC554393 frs-bus:SmallEntities 2024-02-01 2025-01-31 SC554393 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC554393 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 SC554393 frs-bus:Director1 2024-02-01 2025-01-31 SC554393 frs-bus:Director1 2024-01-31 SC554393 frs-bus:Director1 2025-01-31 SC554393 frs-countries:Scotland 2024-02-01 2025-01-31 SC554393 2023-01-31 SC554393 2024-01-31 SC554393 2023-02-01 2024-01-31 SC554393 frs-core:CurrentFinancialInstruments 2024-01-31 SC554393 frs-core:ShareCapital 2024-01-31 SC554393 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: SC554393
SLM Rigging Limited
Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC554393
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 125 250
125 250
CURRENT ASSETS
Debtors 5 - 2,341
Cash at bank and in hand 10,729 2,930
10,729 5,271
Creditors: Amounts Falling Due Within One Year 6 (8,030 ) (5,466 )
NET CURRENT ASSETS (LIABILITIES) 2,699 (195 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,824 55
NET ASSETS 2,824 55
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 2,823 54
SHAREHOLDERS' FUNDS 2,824 55
For the year ending 31 January 2025 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 Steven McLaughlan
Director
12/06/2025
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
SLM Rigging Limited is a private company, limited by shares, incorporated in Scotland, registered number SC554393 . The registered office is 3a Park Circus, Ayr, Ayrshire, KA7 2DJ.
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. Turnover comprises revenue earned from the rendering of services.

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:
Computer Equipment 25% straight line
2.4. Financial Instruments
The company has only basic financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities

Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transactions.
2.5. Taxation
Corporation 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2025 2024
Office and administration 1 1
1 1
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2024 1,850
As at 31 January 2025 1,850
Depreciation
As at 1 February 2024 1,600
Provided during the period 125
As at 31 January 2025 1,725
Net Book Value
As at 31 January 2025 125
As at 1 February 2024 250
5. Debtors
2025 2024
£ £
Due within one year
Director's loan account - 2,341
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 7,292 4,853
Accruals and deferred income 634 613
Director's loan account 104 -
8,030 5,466
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Mr Steven McLaughlan 2,341 25,055 27,500 - (104 )
The above loan is unsecured and repayable on demand. Interest has been charged at the rate of 2.25% per annum. 
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