Acorah Software Products - Accounts Production 16.3.350 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 SC334540 Mr Jonathan Reid Mrs Bridget Reid iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC334540 2023-11-30 SC334540 2024-11-30 SC334540 2023-12-01 2024-11-30 SC334540 frs-core:CurrentFinancialInstruments 2024-11-30 SC334540 frs-core:Non-currentFinancialInstruments 2024-11-30 SC334540 frs-core:ComputerEquipment 2024-11-30 SC334540 frs-core:ComputerEquipment 2023-12-01 2024-11-30 SC334540 frs-core:ComputerEquipment 2023-11-30 SC334540 frs-core:FurnitureFittings 2024-11-30 SC334540 frs-core:FurnitureFittings 2023-12-01 2024-11-30 SC334540 frs-core:FurnitureFittings 2023-11-30 SC334540 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 SC334540 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC334540 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 SC334540 frs-core:PlantMachinery 2024-11-30 SC334540 frs-core:PlantMachinery 2023-12-01 2024-11-30 SC334540 frs-core:PlantMachinery 2023-11-30 SC334540 frs-core:ShareCapital 2024-11-30 SC334540 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 SC334540 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 SC334540 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 SC334540 frs-bus:SmallEntities 2023-12-01 2024-11-30 SC334540 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 SC334540 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 SC334540 frs-bus:Director1 2023-12-01 2024-11-30 SC334540 frs-bus:Director2 2023-12-01 2024-11-30 SC334540 frs-countries:Scotland 2023-12-01 2024-11-30 SC334540 2022-11-30 SC334540 2023-11-30 SC334540 2022-12-01 2023-11-30 SC334540 frs-core:CurrentFinancialInstruments 2023-11-30 SC334540 frs-core:Non-currentFinancialInstruments 2023-11-30 SC334540 frs-core:ShareCapital 2023-11-30 SC334540 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: SC334540
Coldcurve Limited
Financial Statements
For The Year Ended 30 November 2024
Windlestrae
Newton of Kinkell
Dingwall
Ross-shire
IV7 8AS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC334540
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 54,655 61,356
54,655 61,356
CURRENT ASSETS
Stocks 5 51,000 24,500
Debtors 6 16,150 (585 )
Cash at bank and in hand - 27,741
67,150 51,656
Creditors: Amounts Falling Due Within One Year 7 (49,462 ) (36,996 )
NET CURRENT ASSETS (LIABILITIES) 17,688 14,660
TOTAL ASSETS LESS CURRENT LIABILITIES 72,343 76,016
Creditors: Amounts Falling Due After More Than One Year 8 (51,768 ) (5,244 )
NET ASSETS 20,575 70,772
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 19,575 69,772
SHAREHOLDERS' FUNDS 20,575 70,772
Page 1
Page 2
For the year ending 30 November 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 Jonathan Reid
Director
09/05/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Coldcurve Limited is a private company, limited by shares, incorporated in Scotland, registered number SC334540 . The registered office is The Old Moy Schoolhouse, Moy, Tomatin, Inverness-shire, IV13 7YE.
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 5% straight Line
Plant & Machinery 20% Reducing balance
Fixtures & Fittings 20% Reducing balance
Computer Equipment 20% 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.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Manufacturing 2 2
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2023 57,982 69,130 - 21,976 149,088
Additions - 425 1,174 - 1,599
As at 30 November 2024 57,982 69,555 1,174 21,976 150,687
Depreciation
As at 1 December 2023 22,030 50,697 - 15,005 87,732
Provided during the period 2,899 3,772 235 1,394 8,300
As at 30 November 2024 24,929 54,469 235 16,399 96,032
Net Book Value
As at 30 November 2024 33,053 15,086 939 5,577 54,655
As at 1 December 2023 35,952 18,433 - 6,971 61,356
5. Stocks
2024 2023
£ £
Stock & Work in Progress 51,000 24,500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 14,073 (3,524 )
PAYE/NI 776 820
Directors' loan accounts 1,301 -
16,150 (2,704 )
...CONTINUED
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Page 5
Due after more than one year
VAT - 2,119
16,150 (585 )
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 39,763 28,464
Bank loans and overdrafts 8,267 6,782
VAT 1,432 -
Directors' loan accounts - 1,750
49,462 36,996
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce Back Loan 5,768 5,244
Directors loan account 46,000 -
51,768 5,244
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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