Acorah Software Products - Accounts Production 16.3.350 false true false 1 October 2023 30 September 2024 30 September 2024 SC710640 Mrs Joanna Riddle Mr Stuart Riddle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC710640 2023-09-30 SC710640 2024-09-30 SC710640 2023-10-01 2024-09-30 SC710640 frs-core:CurrentFinancialInstruments 2024-09-30 SC710640 frs-core:ComputerEquipment 2024-09-30 SC710640 frs-core:ComputerEquipment 2023-10-01 2024-09-30 SC710640 frs-core:ComputerEquipment 2023-09-30 SC710640 frs-core:FurnitureFittings 2024-09-30 SC710640 frs-core:FurnitureFittings 2023-10-01 2024-09-30 SC710640 frs-core:FurnitureFittings 2023-09-30 SC710640 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 SC710640 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC710640 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 SC710640 frs-core:MotorVehicles 2024-09-30 SC710640 frs-core:MotorVehicles 2023-10-01 2024-09-30 SC710640 frs-core:MotorVehicles 2023-09-30 SC710640 frs-core:PlantMachinery 2024-09-30 SC710640 frs-core:PlantMachinery 2023-10-01 2024-09-30 SC710640 frs-core:PlantMachinery 2023-09-30 SC710640 frs-core:ShareCapital 2024-09-30 SC710640 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC710640 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC710640 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 SC710640 frs-bus:SmallEntities 2023-10-01 2024-09-30 SC710640 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC710640 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC710640 frs-bus:Director1 2023-10-01 2024-09-30 SC710640 frs-bus:Director2 2023-10-01 2024-09-30 SC710640 frs-countries:Scotland 2023-10-01 2024-09-30
Registered number: SC710640
Idiot Bird Hospitality Company Ltd.
Unaudited Financial Statements
For The Year Ended 30 September 2024
AMCounting Services Ltd
Unit 7 R F L House
Anderson Street
Dunblane
FK15 9AJ
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: SC710640
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 41,032
41,032
CURRENT ASSETS
Stocks 5 867
Debtors 6 200,412
Cash at bank and in hand 47,952
249,231
Creditors: Amounts Falling Due Within One Year 7 (201,707 )
NET CURRENT ASSETS (LIABILITIES) 47,524
TOTAL ASSETS LESS CURRENT LIABILITIES 88,556
NET ASSETS 88,556
CAPITAL AND RESERVES
Called up share capital 8 100
Income Statement 88,456
SHAREHOLDERS' FUNDS 88,556
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 Income Statement.
On behalf of the board
Mr Stuart Riddle
Director
10 March 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Idiot Bird Hospitality Company Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC710640 . The registered office is Unit 8, RFL House, Anderson Street, Dunblane, Perthshire, FK15 9AJ.
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:
Freehold 10% Straight Line
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 60
60
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 October 2023 8,986 8,804 - 8,246
Additions 10,642 3,548 3,345 -
As at 30 September 2024 19,628 12,352 3,345 8,246
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 October 2023 899 2,256 - 1,702
Provided during the period 1,525 1,785 558 1,636
As at 30 September 2024 2,424 4,041 558 3,338
Net Book Value
As at 30 September 2024 17,204 8,311 2,787 4,908
As at 1 October 2023 8,087 6,548 - 6,544
Computer Equipment Total
£ £
Cost
As at 1 October 2023 10,029 36,065
Additions 3,243 20,778
As at 30 September 2024 13,272 56,843
Depreciation
As at 1 October 2023 3,479 8,336
Provided during the period 1,971 7,475
As at 30 September 2024 5,450 15,811
Net Book Value
As at 30 September 2024 7,822 41,032
As at 1 October 2023 6,550 27,729
5. Stocks
2024
£
Stock 867
6. Debtors
2024
£
Due within one year
Trade debtors 63,950
Amounts owed by group undertakings 105,316
Other debtors 31,146
200,412
7. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 77,372
Bank loans and overdrafts 23,595
Other creditors 55,700
Taxation and social security 45,040
201,707
Page 3
Page 4
8. Share Capital
2024
£
Allotted, Called up and fully paid 100
Page 4